Archive Intel Secures $6.3M to Revolutionize AI Compliance Solutions

Financial firms face mounting pressure to navigate complex regulations. Archive Intel just secured $6.3 million to help them do it with artificial intelligence.

Funding for Growth

The Series A round was led by Gray Line Partners. Social Leverage and Garuda Ventures also participated. The investment brings Archive Intel’s total funding to $8.8 million since launching in April 2024.

Streamlining Compliance

Archive Intel offers a unified platform for archiving communications, ensuring marketing compliance, and providing oversight. More than 500 firms currently use the technology. The platform reduces manual reviews and false compliance flags.

Executive Perspectives

Eddie Kang from Gray Line Partners sees Archive Intel as a compliance technology leader. CEO Larry Shumbres believes AI is transforming wealth management compliance. The funding will help Archive Intel meet the rising demand for its solution.

Modernizing Legacy Systems

Shumbres says compliance is often burdened by outdated systems. Archive Intel aims to replace that with intuitive infrastructure. This infrastructure is designed specifically for regulated firms.

New AI Tools

The company recently launched AI Marketing Review. It flags high-risk language, suggests compliant edits, and automates approvals. This accelerates review cycles and ensures audit readiness.

Client Success

Glenn DeBell, CCO at Great Point Capital, praised Archive Intel's impact. He noted expanded social media usage and compliant client texting.

Addressing Regulatory Scrutiny

The SEC has issued billions in fines for recordkeeping failures. Archive Intel's platform helps firms manage these risks. It also maintains data ownership and audit readiness.

Future Developments

The new capital will fuel AI engineering and customer success. It will also accelerate the development of new products. These include trade monitoring, attestations, and AI agents for compliance.