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Enterprise Applications Series A Founded 2016

Sigma Ratings

Sigma Ratings develops AI-based financial risk assessment solutions that enable clients to determine counterparty risk through company-level risk ratings. The ratings serve as indicators of sound risk management and transparency signals for regulators, business partners, and clients. The platform also provides monitoring of existing relationships and predictive risk insights. Founded in 2016 in New York City, the…

📍 New York City, United States · GRC Software,

Funding snapshot

Last roundSeries A
Amount$5M
Date12 September 2022
Total raised$5M
Team size56

About

Sigma Ratings develops AI-based financial risk assessment solutions that enable clients to determine counterparty risk through company-level risk ratings. The ratings serve as indicators of sound risk management and transparency signals for regulators, business partners, and clients. The platform also provides monitoring of existing relationships and predictive risk insights. Founded in 2016 in New York City, the company has raised $5.3M in Series A funding from Fitch Ratings, Techstars, and FinTech Collective. Developer of AI-based financial risk assessment and management solutions for multiple sectors. It offers multiple products that enable clients to differentiate their businesses and determine counterparty risk through company-level risk ratings. It rating serves as an indicator of sound risk management and a signal of transparency for regulators, business partners, and clients.

Business model

Cybersecurity > Anti Fraud > Financial Fraud,

GRC Software > Risk Management > Industry > Finance > Banking,

Security & Surveillance Technology > Tech Enabled Service,

Banking Tech > RegTech > Onboarding KYC and AML,

RegTech > Suite

Team background

College Wise > Massachusetts Institute of Technology

Institutional investors

Fitch Ratings Techstars FinTech Collective Barclays Mosaik Partners Contour Venture Partners Angel List Rough Draft Ventures

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