Droit Announces $23M Series B Financing

Funding Rounds

Summary

NEW YORK, NY, Droit, a technology firm at the forefront of computational law and regulation, today announced it has closed a $23 million Series B investment in its latest funding round. Droit is a technology firm at the forefront of computational law and regulation within finance and other domains. Its award-winning, patented platform Adept provides an implementation of regulatory rules reflecting industry consensus. The Adept platform processes tens of millions of inquiries a day, deciding in real-time which interactions are legally permissible across the globe. Adept is used by institutions to evaluate, with sub-millisecond latency, the full regulatory implications of any given interaction within their transactional infrastructure.

$ Funding

$
Amount - Total raised
Date - Announcement date
Investors Video Island Lead investors
Company - Funded company

Classifications

industries
No industries detected
applications
Business Intelligence

AskAI Classifications

Labels
No AI classifications detected

Linked Companies