Datricks News
3 articles
growth-positive
Backed by Team8 and SAP, the Israeli startup’s platform autonomously detects unknown financial risks, surfaces hidden anomalies, and proactively prevents them from escalating into financial or reputational damage for large enterprises.
Datricks, an Israeli startup specializing in AI-powered compliance and risk management, announced it has raised $15 million in Series A funding. The round was led by Team8, with strategic investment from SAP and participation from Jerusalem Venture Partners. This funding follows an expansion of Datricks commercial partnership with SAP, including the launch of Datricks for Risk Mining as an SAP Endorsed App. The platform autonomously detects financial risks and anomalies, providing comprehensive analysis and remediation. Datricks customers include large enterprises like Element Solutions, HELLA FORVIA, Teva, CyberArk, and ICL Group, and its partners include major consulting firms such as Deloitte, EY, KPMG, and PwC.
InvestmentPartnersCustomers
growth-positive
Datricks gets $15M from SAP and others for AI-powered risk and compliance platform
Datricks, an AI-powered financial integrity and compliance software startup based in Tel Aviv, has raised $15 million in a Series A funding round led by Team8, with participation from SAP and Jerusalem Venture Partners. Founded in 2019 by Haim Halpern and Roy Rozenblum, Datricks specializes in risk mining, an AI-driven approach to analyzing financial workflows. The new funding will help Datricks scale operations and enhance its platform, which aims to detect financial anomalies, fraud, and compliance issues in real-time. The company has notable customers like Element Solutions, HELLA FORVIA, Teva, CyberArk, and ICL Group, and partnerships with consulting giants such as Deloitte, EY, KPMG, and PwC.
InvestmentPartnersCustomers
growth-positive
Datricks CEO: Customers get an X-ray view into their company
Datricks, an AI-driven automatic business-process discovery and mining software company, has raised $6.5 million in a Series A funding round. The company, founded by Haim Halpern and Roy Rozenblum in 2019, offers a solution that connects to an organizations system, mines all of the financial actions the organization does automatically and flags issues. The company has already 15 employees and recently opened its New York offices. The company already has ten clients, but is eyeing a rapid increase in work and customers.
InvestmentCustomersExpand
