Greenboard is building 'Rippling' for financial compliance and operations. Our goal: enable regulated financial firms to operate their back office at a higher standard with half of the headcount. We're starting with financial compliance.
Our founding team consists of engineers with experience at Amazon and Google and who played key roles in building several unicorn startups. We're backed by Y Combinator, General Catalyst, Base10 and other fantastic investors and have raised $4.8m to date. We have meaningful revenue from brand-name financial institutions and are growing quickly.
Fintechs, private funds, and wealth managers all use Greenboard to consolidate compliance software functionality onto a single modern platform that uses AI to detect risk and reduce tedium.
Launched in August 2023, already trusted to maintain compliance on $20B+ AUM across clients
OUR STORY
In 2023, we founded Greenboard after noticing first-hand how challenging it had become for financial institutions to keep up with ever-changing SEC regulation.
It was shocking to us that in an industry that's very existence is predicated on preventing conflicts of interest for clients, previous-generation compliance firms were rife with conflicts that were detrimental to their clients’ compliance outcomes. Yesterday’s financial compliance firms overstate the complexity of their work, do not adopt automation in fear of losing billable hours, and have cut software development costs in favor of profits at a time when the industry desperately needs new solutions to keep up with a historically active SEC.
We went back to the drawing board on compliance software (hence the name Greenboard) and formulated our thesis. Financial firms needed an entirely new category of financial compliance software - a financial compliance operating system. We set out to build software that solves for the two problems that plague compliance programs most: eliminating the gap between stated policy and practiced procedure and the rote work necessary to diligently maintain compliance.
Maintaining financial compliance is a fundamentally human endeavor that requires buy-in and consistent action across the organization. Greenboard’s thoughtfully designed software draws stakeholders into the platform by making their lives easier, driving a strong culture of compliance for our customers.
And we’ve built artificial intelligence into every aspect of our software to empower compliance people to spend their time analyzing aggregated and relevant information to detect risk faster and more reliably.
We hope that you’ll consider joining us in our journey.
Dave
Greenboard CEO
Austin, TX