Sedric AI raises $18.5M to expand its compliance-focused large language model platform for financial institutions.

Series A Funding: Sedric AI raised $18.5M in a Series A round led by Foundation Capital, with new participation from Amex Ventures.
Compliance Solutions: The platform includes tools for compliance risk management, real-time guidance, and audit assistance tailored for fintech companies.
Market Expansion: With a fivefold revenue increase, Sedric plans to grow its AI lab in Tel Aviv and expand marketing efforts.

Streamlined Compliance: Financial services firms can automate and optimize their compliance procedures, reducing time and effort.
Growth Potential: Sedric’s AI-driven compliance solutions help institutions view regulatory adherence as a competitive advantage, transforming risk into opportunity.
Global Reach: With a growing customer base in the U.S. and Europe, Sedric is positioned for significant expansion in financial markets.
Rising Demand for AI in Finance: As 72% of finance professionals adopt AI for compliance, Sedric’s growth highlights the increasing reliance on AI-driven solutions.
Industry Cost Reduction: With global compliance costs exceeding $206B, Sedric aims to reduce expenses while enhancing regulatory adherence.

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