Consilient company logo

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Founded Year

1999

Stage

Series A | Dead

Total Raised

$2.9M

Last Raised

$2.15M

About Consilient

Provider of infrastructure software that helps individuals and organizations take control of diverse and dynamic processes. In contrast with process automation solutions that only support predictable, highly structured business processes, the company's process personalization technology gives each participant in a process the exact information and ability to take action they need, enabling rapid process innovation. The company's unique peer-to-peer architecture extends existing software and systems, unifying manual and automated tasks into seamless processes that flow and function independently of their supporting applications. The result is more efficient and personalized processes that foster collaboration throughout the company and across networks of customers, suppliers, and partners.

Consilient Headquarters Location

91 Bolivar Drive

Berkeley, California, 94710,

United States

(510)898-6000

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Consilient Patents

Consilient has filed 1 patent.

The 3 most popular patent topics include:

  • Data management
  • Database management systems
  • Free database management systems
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/23/2020

Database management systems, Data management, Relational database management systems, Memory processes, Free database management systems

Application

Application Date

12/23/2020

Grant Date

Title

Related Topics

Database management systems, Data management, Relational database management systems, Memory processes, Free database management systems

Status

Application

Latest Consilient News

Consilient Announces $3 Million Seed Funding Round for the Development of Next-Gen Financial Crime Compliance Technology

May 25, 2022

Investment in leadership and technology innovation positions the company to redefine anti-money laundering and combating financial fraud Consilient, a fintech innovator aiming to transform financial crime compliance, announced it has secured a private $3 million seed funding round that will help the company’s vision to become the leader in the development of next-generation machine learning technology to detect and prevent illicit activity within financial ecosystems. Consilient was founded through a partnership between K2 Integrity and Giant Oak. The seed round will provide working and growth capital to accelerate client pilots, make further investment to speed up the rapid build program expanding product design and deployment capabilities, as well as augmenting the existing teams. Consilient’s federated machine learning technology enables organizations to discover and manage financial crime risks dynamically and effectively, while preserving privacy. It enables enterprises to gain insights across the industry without sharing or moving data. “Criminals adapted during the pandemic and continue to evolve. But recent innovations in technology can empower those individuals and teams engaged in combatting financial crime,” said Gary Shiffman, CEO and co-founder of Consilient. “Current detection and prevention systems simply do not work, in spite of massive investments made each year. As an industry, it is critical that we implement the next generation anti-money laundering solution. It is our goal to solve this fundamental challenge.” “Consilient is poised to reshape the way the financial system prevents financial crime,” said Juan Zarate, chairman and co-founder of Consilient. “Consilient elegantly solves at once the bedeviling problems affecting the AML/CFT system globally: inefficiency, ineffectiveness, concerns for data privacy and security, and the decentralization of the financial system. To manage financial crime risk and sanctions exposure in the 21st century, Consilient will need to be a fundamental part of the solution for banks, payment providers, the crypto industry, and regulators.” Consilient has two technology patents pending for an adaptive transaction processing system and the orchestration techniques for adaptive transaction processing. The company also expanded its senior leadership team with the appointment of Laurence Hamilton as chief commercial officer and Christina Schott as head of customer success. Hamilton and Schott follow the hire of  Shawn Holtzclaw  as Consilient’s president & chief legal officer. Hamilton joined Consilient after helping launch a UK-based digital bank, JN Bank UK, as its chief commercial officer. He has spent over two decades leading international data and analytics companies, developing international market strategies and new product development for credit, fraud and anti-money laundering solutions. Schott joined Consilient from BMO Harris Bank, where she served as manager of fraud operations strategy and was responsible for the department’s transformation. She brings over 18 years of technology experience, implementing flexible, scalable solutions for fraud, identity and authentication risk mitigation with a focus on the customer experience.

  • When was Consilient founded?

    Consilient was founded in 1999.

  • Where is Consilient's headquarters?

    Consilient's headquarters is located at 91 Bolivar Drive, Berkeley.

  • What is Consilient's latest funding round?

    Consilient's latest funding round is Series A.

  • How much did Consilient raise?

    Consilient raised a total of $2.9M.

  • Who are the investors of Consilient?

    Investors of Consilient include Oak Hill Venture Partners and Staenberg Venture Partners.

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