Sayari Announces Series B Extension with In-Q-Tel, MissionOG, and TFX Capital

Sayari Labs, Inc., a global leader in financial intelligence and supply chain risk solutions, today announced a $2.5M extension to its $9M Series B funding round, with investments from In-Q-Tel, MissionOG, and TFX Capital. They join current investors Arsenal Growth, Lavrock Ventures, and SAP's NS2 Ventures.

"Access to trustworthy data from the least transparent parts of the world is mission critical for global financial institutions and corporations, as well as US and partner government agencies," said Farley Mesko, Sayari's CEO and co-founder. "With this new funding, we are thrilled to further develop our unique technology and help these organizations leverage open source data against global risks and security threats."

Sayari's flagship product, Sayari Graph, is the first purpose-built tool for navigating the complexity of global corporate ownership and commercial relationships. Graph helps financial institutions and multinationals mitigate risk and comply with Know Your Customer (KYC), Anti-Money Laundering (AML), Sanctions, Beneficial Ownership, and Anti-Bribery & Corruption regulations.

"We are glad to partner with Sayari whose technology offers insights to assist our government partners," said Tom Gillespie, Managing Partner, Investments at In-Q-Tel. "Sayari's state-of-the-art leveraging of open source data and its automated analytics will help lead to discovery of important information that might otherwise get missed."

"With a robust and expanding dataset, an industry leading technology platform, and a deep and growing base of customers, Sayari is well positioned for further significant growth," said Andy Newcomb, Managing Partner, MissionOG.