PassFort

PassFort is a turnkey compliance solution for onboarding customers in regulated markets.

PassFort is a turnkey compliance solution for onboarding customers in regulated markets.

Visit website

http://passfort.com

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 is a turnkey compliance solution for onboarding customers in regulated markets.

PassFort has developed a turnkey compliance platform that automates the collection, verification, and secure storage of customer due diligence (CDD) data and documentation. Their software enables a seamless, customisable onboarding experience for both customers and compliance teams, streamlining Know Your Customer (KYC) processes through automation. The startup was founded by Donald Gillies and Henry Irish with a mission to change how compliance and trust are managed in regulated markets.

News highlights

Why are we still building development teams like it’s 2020?

Why are we still building development teams like it’s 2020?

Twenty-five years ago, I could have written that same sentence and replaced “AI” with “the Web,” and forty years ago, “the personal computer.” This is not an article about needing to use Claude or other agentic AI tools; that is something you should be doing already. In this case, I’m talking about a fundamental restructuring of how software gets built and deployed.

Duleepa “Dups” Wijayawardhana

Venture Partner

Portfolio spotlight: Dreamfold

Portfolio spotlight: Dreamfold

Welcome to our portfolio spotlight series, where we highlight the teams behind some of the most ambitious technical companies. A company is only as strong as the people behind it, which is why we share the stories of the teams driving these disruptive innovations.

General Partner

What founders get wrong about speed and scale

What founders get wrong about speed and scale

Every founder faces the same question: how fast should you go? In conversation with our Venture Partner, Duleepa “Dups” Wijayawardhana, we explored why so many startups struggle to balance speed, quality and scale, and how to get it right (at least most of the time). As Dups puts it, for every rule there is an exception, and for every exception there is something to learn.

Duleepa “Dups” Wijayawardhana

Venture Partner