Passfort
PassFort is a turnkey compliance solution for onboarding customers in regulated markets.
Milestones
Series A with €4 million 2018 by OpenOcean
Series B with $16.2 million in 2021 by Level Equity
Investment year
2018
Investment stage
Series A
Investment status
Exited
Deal team
Tom Henriksson
PassFort has developed a turnkey compliance platform designed to automate the collection, verification and secure storage of customer due diligence (CDD) data and documentation. The start-up was founded by Donald Gillies and Henry Irish with the mission to change the way compliance and trust were managed in regulated markets. Their software delivers a seamless onboarding experience for both customers and compliance teams that can be tailored to automate their Know Your Customer (KYC) processes.
