Breton AI raises $75 million in Series B funding, led by Sapphire Ventures

Breton AI, an AI financial compliance startup founded by Will Lawrence, a former employee of Paxos' compliance team, announced the completion of a $75 million Series B funding round, led by Sapphire Ventures and with participation from Greylock, Thomson Reuters Ventures, and Citi Ventures. Breton AI's current clients are mainly fintech service companies, including startups such as Mercury, Ramp, Robinhood, and Coinbase, as well as some community regional banks, providing anti money laundering and customer due diligence (KYC) compliance operational support.