Bretton AI completes $75 million Series B funding, led by Sapphire Ventures

AI regulatory compliance startup Bretton AI announced the completion of a $75 million Series B funding round, led by Sapphire Ventures, with participation from Greylock, Thomson Reuters Ventures, and Citi Ventures.

The company was founded by Will Lawrence, a former employee of the compliance team at stablecoin infrastructure company Paxos. Its clients are primarily focused on fintech service companies, including fintech startups such as Mercury, Ramp, Robinhood, and Coinbase, as well as some community regional banks, helping them achieve anti-money laundering and Know Your Customer (KYC) compliance operations.