Greenlite
Greenlite, formerly known as Greenlite AI, is a fintech company based in San Francisco, specializing in AI staffing solutions for bank and fintech compliance teams. The company has raised $4.8M in seed funding and is expanding its engineering team to enhance AI compliance solutions.
Company Overview
Greenlite, formerly known as Greenlite AI, is a fintech company based in San Francisco, CA, USA. The company specializes in providing AI staffing for bank and fintech compliance teams, utilizing large language models and over 200 datasets. Founded in the Summer 2023 Y-Combinator batch, Greenlite has quickly gained recognition in the industry.
Funding and Investment
Greenlite has successfully raised $4.8 million in seed funding. The investment was led by Greylock Partners and Y Combinator, reflecting strong backing from prominent venture capital firms. This funding is instrumental in expanding their engineering team and further developing AI solutions for compliance in the finance sector.
Services and Features
Greenlite provides AI-powered staffing solutions specifically designed for bank and fintech compliance teams. Their platform leverages large language models and over 200 datasets to ensure auditability, accuracy, and explainability. These features are crucial for enterprises seeking reliable compliance solutions in the financial sector.
Certifications and Security
Greenlite has achieved SOC 2 Type 2 certification, which underscores its commitment to security, availability, processing integrity, confidentiality, and privacy. This certification is a testament to the company’s dedication to maintaining high standards of data protection and operational excellence.
Global Presence and Clients
Greenlite serves financial institutions worldwide, including an OCC-regulated bank in the US and a merchant payment network in Singapore. The company operates in regions such as the United States, America/Canada, and offers both remote and partly remote working options.
