About
Flagright provides no-code AML compliance software for fintechs and smaller banks. YC W22 backed, raised $7.6M total including $4.3M seed (March 2025) led by Frontline Ventures. Offices in Berlin, London, NYC, SF, Singapore, Bangalore. Ranked #37 on Sifted 250 (2025) as Europe's fastest-growing AML compliance company. Customers report 93% fewer false positives and 87% reduction in manual monitoring.
Key Facts
- [1]Founded: Founded in 2021 in Berlin, Germany.
- [2]Funding: Total funding: $8M. Last round: Mar 2025. Stage: Seed.
- [3]Employees: Employee count: 11-50.
- [4]Revenue: Annual revenue/ARR: approximately $4M.
- [5]Website: Official website: flagright.com.
- [6]AI Technology: Core AI/ML technologies: Predictive ML.
- [7]Region: Region: EMEA (Germany).
Founders
Baran Özkan
Co-founder & CEO
Madhu G Nadig
Co-founder & CTO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Flagright?
Flagright provides no-code AML compliance software for fintechs and smaller banks. YC W22 backed, raised $7.6M total including $4.3M seed (March 2025) led by Frontline Ventures. Offices in Berlin, London, NYC, SF, Singapore, Bangalore. Ranked #37 on Sifted 250 (2025) as Europe's fastest-growing AML compliance company. Customers report 93% fewer false positives and 87% reduction in manual monitoring. Flagright is classified in the Risk & Compliance segment at the Models layer of the financial AI stack.
Who founded Flagright?
Flagright was founded by Baran Özkan (Co-founder & CEO) and Madhu G Nadig (Co-founder & CTO) in 2021 in Berlin, Germany.
How much funding has Flagright raised?
Flagright has raised $8M in total funding, placing the company at the Seed stage. The most recent round closed in Mar 2025. Flagright generates approximately $4M in annual revenue. Among 74 funded Risk & Compliance companies, Flagright ranks #65 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Flagright use?
Flagright primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Risk & Compliance segment, 42 companies use this technology.
What market segment does Flagright operate in?
Flagright operates in the Risk & Compliance market segment. AI risk and compliance companies protect financial institutions from fraud, money laundering, identity theft, and regulatory violations. This is one of the largest and most critical segments in the AI finance landscape, as the cost of financial crime and non-compliance runs into the hundreds of billions annually.
Where is Flagright headquartered?
Flagright is headquartered in Berlin, Germany. The company operates in the EMEA region. The team consists of 11-50 employees. Germany is home to 10 financial AI companies tracked by AIFI Map.
Who are Flagright's competitors?
Companies similar to Flagright in the Risk & Compliance space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Tookitaki ($58M raised). These companies operate in related areas of financial AI: Feedzai focuses on ai-native fraud and financial crime prevention platform for major banks. Sardine focuses on ai risk platform for fraud, credit, and compliance. Hawk AI focuses on ai-powered aml and fraud detection for banks and fintechs. (Based on AIFI Map classification data.)
What products does Flagright offer?
Flagright builds models-layer solutions for the financial services industry. The company's core offering: AI-native transaction monitoring and AML compliance. The platform is powered by Predictive ML technology.