Sedric.ai, founded in 2020, is a compliance technology company that has built an artificial intelligence platform for the financial sector. The platform is designed to help compliance teams at banks, fintechs, trading platforms, and other financial institutions monitor customer communications. It claims to cover 100% of communications across more than 40 languages, automating policy enforcement and detecting risks in real-time.
The company's technology relies on large language models (LLMs), natural language processing, and a focus on explainable AI - a feature intended to satisfy regulatory requirements for transparency. The firm, which is SOC 2 compliant, has offices in New York and Tel Aviv and employs a team of around 70 people, many of whom come from the financial services industry.
Sedric.ai has raised $22 million in funding and was named to the RegTech 100 list. Its platform serves a client base that includes global lenders and insurers, positioning the firm within the growing market for specialized AI tools in regulated industries.
