About Hummingbird
Hummingbird.co provides a modular platform for compliance investigations and reporting tailored for financial institutions, helping them manage suspicious activities in line with Anti-Money Laundering (AML) regulations. The platform includes tools for case investigations, filing Suspicious Activity Reports (SARs), and validating these reports through APIs, facilitating integration with existing systems. Operating on a Software-as-a-Service (SaaS) model, Hummingbird generates revenue through subscription fees and offers advisory services to enhance clients' compliance programs. The company's goal is to deliver an efficient and comprehensive solution for modern compliance challenges in the financial sector.
San Francisco, CaliforniaHeadquarters
2016Year Founded
$40.1MTotal Funding
SERIES_BCompany Stage
Consulting, FintechIndustries
51-200Employees
Benefits
Competitive compensation
Flexible health/vision/dental coverage
401k plan
Flexible working arrangements & work/life balance
Donation matching to non-profits aligned with our mission
Modern tech setup
Remote first with periodic team get‑togethers
Risks
Generative AI advancements may challenge Hummingbird's current AML solutions.
Consumer apprehension towards AI in finance could hinder Hummingbird's solution adoption.
Integration challenges from LogicLoop acquisition may strain Hummingbird's resources.
Differentiation
Hummingbird offers a modular platform for AML operations, enhancing compliance efficiency.
The company integrates APIs for seamless compliance processes in financial institutions.
Hummingbird's founding team has extensive experience in product and regulatory sectors.
Upsides
Increased demand for AI-driven compliance solutions boosts Hummingbird's market potential.
Partnerships with companies like PortX enhance Hummingbird's compliance process efficiency.
Hummingbird's acquisition of LogicLoop strengthens its data integration and automation capabilities.
Funding
Total raised$40.08 M
Latest valuation$150.00 M
StageSERIES_B
SERIES B
11/30/2021$30
$150.00 M$8
$41.00 MEARLY VC
9/30/2018$3
$15.00 M