WorkFusion has raised $45 million in a new funding round led by Georgian, a growth-stage investor specializing in AI innovation. WorkFusion’s investors in this round include Serengeti Asset Management, Nokia Growth Partners, Teralys Capital, Hawk Equity, Chubb INA Holdings, Declaration Partners, SVB Innovation Credit Fund, Konrad Investments, and members of the company’s own leadership team. Their support reflects growing demand for solutions that can manage the complexity and scale of modern financial crime prevention.
This injection of capital will support the company’s shift toward “agentic” AI solutions that automate the intensive, paper-driven tasks involved in anti-money laundering, sanctions screening, Know Your Customer checks, fraud investigations, and other financial crime compliance operations.
Building on more than ten years of experience in automation and intelligent document processing, WorkFusion reorganized its business in 2022 to focus exclusively on AI agents designed for the compliance industry.
These agents tackle the high volumes of alerts and documents that typically overwhelm back-office teams, turning manual workflows into streamlined, software-driven processes. As a result, bank compliance departments can scale their capacity by three to five times without adding headcount or outsourcing, cutting costs, and reducing the risk of missed alerts or regulatory lapses.
WorkFusion’s platform is now deployed at major banking institutions around the world, including half of the top twenty global banks. The company’s AI agents handle more than one million compliance alerts each day, freeing up the equivalent of 5,000 full-time employees from routine review work. By automating tasks such as transaction monitoring investigations, enhanced due diligence reviews, and adverse media checks, the platform ensures that critical compliance functions are performed consistently and accurately.
How the funding will be used: With this new funding, WorkFusion will accelerate product innovation and expand its go-to-market efforts, delivering AI agents that integrate seamlessly into existing compliance systems. Banks and financial institutions adopting these agents can expect faster alert resolution, more reliable audit trails, and a reduction in backlogs that traditionally drive up operational costs. As regulatory expectations continue to tighten and the volume of suspicious activities grows, WorkFusion’s funding positions the company to lead the transformation of compliance from a manual burden into a strategic advantage.
KEY QUOTES:
“In 2022, we made a hard pivot to restructure the company around our AI Agents for financial crime compliance. We were one of the first technology companies to focus on creating AI Agents that did a specific job role within a vertical industry. Today our pre-built AI Agents are saving customers about 40,000 hours a day of manual work. The type of work that humans are incapable of doing tirelessly, at scale, and with extremely high quality. And this is still just the beginning. We are now positioned for considerable growth as the market is ready for widespread adoption. We appreciate the continued confidence and support of our existing investor base and welcome our new investors.”
WorkFusion CEO Adam Famularo
“Agentic AI represents an evolution beyond generative AI with capabilities to autonomously plan, reason about and execute complex tasks with minimal human intervention. Financial crime compliance is well-suited to agentic AI, where AI agents can complete much of the work needed to protect financial institutions. With over 85%* of financial institutions currently deploying or planning to deploy agents in 2025, we think that WorkFusion is well positioned to capitalize on the move to agentic AI and we’re proud to support them in that journey.”
Justin LaFayette, Co-Founder at Georgian
“Innovative approaches that blend AI and automation—like those developed by WorkFusion—are critical to strengthening our financial system defenses, offering a more efficient way to manage complexity and scale AML and KYC operations.”
Jody LaNasa, Managing Partner and Chief Investment Officer of Serengeti Asset Management and co-Chief Executive Officer of Rochefort
“As the demands on compliance teams continue to grow, it’s clear that traditional methods need to evolve and we’re excited to support the WorkFusion team as they continue to empower organizations with technology that makes a real difference.”
Ray Yousefian, Senior Managing Director at Serengeti
