About
Sweep is an enterprise carbon management platform. Raised $100M total including $73M Series B from Coatue and Tony Fadell's Future Shape. Customers include L'Oréal, Sanofi, HP, Saint Gobain. Verdantix Green Quadrant leading performer. EcoVadis Gold Rating (2024). Network approach helps decarbonize global supply chains. Founded 2020 in France.
Key Facts
- [1]Founded: Founded in 2020 in Paris, France.
- [2]Funding: Total funding: $100M. Last round: Apr 2022. Stage: Growth.
- [3]Employees: Employee count: 51-200.
- [4]Website: Official website: sweep.net.
- [5]AI Technology: Core AI/ML technologies: Predictive ML.
- [6]Region: Region: EMEA (France).
Founders
Rachel Delacour
Co-founder & CEO
Raphael Güller
Co-founder & CTO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
Related Companies
View all in Risk & Compliance
Feedzai
AI-native fraud and financial crime prevention platform for major banks
Sardine
AI risk platform for fraud, credit, and compliance
Hawk AI
AI-powered AML and fraud detection for banks and fintechs
Resistant AI
AI models for document fraud and financial crime prevention
Flagright
AI-native transaction monitoring and AML compliance
Tookitaki
AI with community-driven intelligence for AML and fraud
Other Growth Companies
View all
Frequently Asked Questions
What is Sweep?
Sweep is an enterprise carbon management platform. Raised $100M total including $73M Series B from Coatue and Tony Fadell's Future Shape. Customers include L'Oréal, Sanofi, HP, Saint Gobain. Verdantix Green Quadrant leading performer. EcoVadis Gold Rating (2024). Network approach helps decarbonize global supply chains. Founded 2020 in France. Sweep is classified in the Risk & Compliance segment at the Applications layer of the financial AI stack.
Who founded Sweep?
Sweep was founded by Rachel Delacour (Co-founder & CEO) and Raphael Güller (Co-founder & CTO) in 2020 in Paris, France.
How much funding has Sweep raised?
Sweep has raised $100M in total funding, placing the company at the Growth stage. The most recent round closed in Apr 2022. Among 74 funded Risk & Compliance companies, Sweep ranks #34 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Sweep use?
Sweep 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 Sweep operate in?
Sweep 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 Sweep headquartered?
Sweep is headquartered in Paris, France. The company operates in the EMEA region. The team consists of 51-200 employees. France is home to 8 financial AI companies tracked by AIFI Map.
Who are Sweep's competitors?
Companies similar to Sweep in the Risk & Compliance space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Flagright ($8M 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 Sweep offer?
Sweep builds applications-layer solutions for the financial services industry. The company's core offering: AI enterprise carbon management. The platform is powered by Predictive ML technology.