Strise provides a personalized AI platform that enables organizations across industries to accelerate business processes such as AML, credit risk, and sales prospecting. Its platform uses machine learning and knowledge graph engineering to churn through tens of millions of daily news articles, blogs, social media posts, reports, and other unstructured data documents in multiple languages. The company was founded in 2016 and is based in Trondheim, Norway.
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Strise's Products & Differentiators
Strise is the fastest way to onboard companies compliantly. You get meaningful insight into your portfolio, can automate manual data tasks, and perpetually monitor for changes that impact your KYC and AML processes— all in one platform, from the first login. Strise combines access to data with decision support functionality, typically combining structured and unstructured data by using AI and graph technology. It provides a 360° customer view, automating and cutting investigative time by up to 75% while improving the bank's risk posture and relationships with regulators.
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CB Insights Intelligence Analysts have mentioned Strise in 1 CB Insights research brief, most recently on Apr 30, 2020.
Latest Strise News
Nov 10, 2022
Oslo-based Strise, a technology company that claims to offer leading KYC intelligence systems, announced that it has raised €3.3M in a fresh round of funding. The round was led by the Dutch venture capital fund Curiosity, a firm that focuses on seed-stage investments in AI startups in Northern Europe. The round also saw participation from existing investor Maki.vc and new investors Sondo Capital and Likeminded. Strise says it will use the funds predominantly to accelerate international growth across Europe and enhance the system’s capacity to link more deeply with the current ecosystems of Strise clients through its new product, “Strise Connect”. On November 9, the business will also unveil “Strise Worldwide”, a new solution for counterparty due diligence and global sanctions checks, and further, develop its partnership program. Founded in 2016 by Marit Rødevand, Patrick Skjennum, and Sigve Søråsen, Strise offers fast-growing banks and fintechs a smart system to automate KYC processes, drive better performance, and quickly operationalize regulatory changes to comply with modern Anti-Money Laundering (AML) standards. In order to help regulated organizations automate compliance procedures, Strise uses network, AI, and NLP technologies integrated into an intelligent KYC system. This increases operational efficiency while lowering regulatory risk at a rate that is 100x faster than that of traditional methods according to the company.
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Strise Frequently Asked Questions (FAQ)
When was Strise founded?
Strise was founded in 2016.
Where is Strise's headquarters?
Strise's headquarters is located at Krambugata 2, Trondheim.
What is Strise's latest funding round?
Strise's latest funding round is Seed VC - III.
How much did Strise raise?
Strise raised a total of $4.82M.
Who are the investors of Strise?
Investors of Strise include Maki.vc, Likeminded, Curiosity Venture Capital, Sondo Capital, Johan Brand and 7 more.
Who are Strise's competitors?
Competitors of Strise include Encompass and 1 more.
What products does Strise offer?
Strise's products include Strise.
Who are Strise's customers?
Customers of Strise include Danske Bank and Sparebanken 1 SMN.
Compare Strise to Competitors
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Trulioo is a global identity verification company, building trust online so that businesses and consumers can transact safely and securely. Trulioo’s platform provides real-time verification of consumers and business entities through API integration.
Jumio is an identification credentials authentication company that helps businesses reduce fraud, meet regulations, and increase revenue. Jumio utilizes proprietary, computer vision technology and document experts to verify credentials, including passports and driver's licenses issued by over 130 countries.
Senzing delivers real-time, artificial intelligence for entity resolution. Its software enables organizations of all sizes to gain highly accurate and valuable insights about who is who and who is related to whom in data. It is based in Las Vegas, Nevada.
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