Sikoia, a London-based unified data platform aimed at streamlining client onboarding and risk evaluation, has successfully secured $6 million in seed funding.
The funding round was led by MassMutual Ventures, with contributions from Coalition Capital and existing investors Earlybird and Seedcamp.
Sikoia’s platform centralizes client financial and identity data to enhance the onboarding process and facilitate verification, monitoring, and risk evaluation. Accessible via the Sikoia portal for risk and compliance teams or through a suite of APIs for developers, the platform features a marketplace of international data partners and compliance services. These include access to credit bureaus, public registries, identity verification, fraud and AML screening, among others.
Alexis Rog, CEO of Sikoia, stated, “This capital will help Sikoia accelerate our international expansion, deliver further data coverage and workflow automation, and develop unique technology to help our clients deliver exceptional client experiences.”