Kharon

Kharon

Global risk analytics for compliance and security

About Kharon

Simplify's Rating
Why Kharon is rated
B+
Rated A on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Cybersecurity

Financial Services

Company Size

51-200

Company Stage

Early VC

Total Funding

N/A

Headquarters

Los Angeles, California

Founded

2016

Overview

Kharon provides detailed analysis on global security issues, focusing on sanctions, compliance risks, and geopolitical security. Its main product, The Kharon Core, is a proprietary platform that offers insights and data to help clients, including financial institutions and government agencies, manage risks related to financial crimes, supply chain exposure, and investment. Kharon differentiates itself from competitors by using advanced technology and unique research methods to deliver comprehensive perspectives on illicit finance and commercial risks. The company's goal is to empower organizations to align their operations with responsible investment expectations and improve their compliance and risk management strategies.

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Simplify's Take

What believers are saying

  • Kharon's Sanctioned Securities solution meets growing financial compliance needs.
  • Partnerships with TrusTrace and Sourcemap expand Kharon's market reach.
  • Contract with DHS enhances Kharon's role in forced labor enforcement.

What critics are saying

  • China's sanctions limit Kharon's growth potential in Asia.
  • Partnership with Binance may attract regulatory scrutiny.
  • Dependency on partners like TrusTrace poses operational risks.

What makes Kharon unique

  • Kharon specializes in global security threats impacting commerce and finance.
  • The Kharon Core platform offers unique insights into illicit finance risks.
  • Kharon's team includes former U.S. Treasury officials and data science experts.

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Company News

PR Newswire
Aug 21st, 2024
Kharon Signs Contract With U.S. Department Of Homeland Security

DHS analysts who support the Forced Labor Enforcement Task Force (FLETF) will use Kharon's platform.WASHINGTON, Aug. 21, 2024 /PRNewswire/ -- Kharon announces the signing of a contract with the U.S. Department of Homeland Security's (DHS) Uyghur Forced Labor Prevention Act (UFLPA) Entity List Office. This award provides DHS analysts who support the Forced Labor Enforcement Task Force (FLETF) with access to Kharon ClearView, the company's risk analytics platform.FLETF is a DHS-led interagency task force that monitors the enforcement of the prohibition on importing goods made wholly or in part with forced labor into the U.S.DHS analysts who support the Forced Labor Enforcement Task Force (FLETF) will use Kharon's platform. Post thisThis contract increases the scope of Kharon's ongoing support for the U.S. Government's global efforts to combat goods tainted with forced labor

South China Morning Post
Dec 26th, 2023
Xinjiang: China adds US risk intelligence firm Kharon and researchers to sanctions list over human rights 'excuse'

Xinjiang: China adds US risk intelligence firm Kharon and researchers to sanctions list over human rights 'excuse'

PR Newswire
Oct 24th, 2023
Kharon Unveils Pioneering Solution For Sanctioned Securities Risk Management

New solution gives the banking and investment management industry the data they need to confidently and efficiently address a key challenge in risk management, pre-trade transaction monitoring, exclusions, and financial crimes compliance.LOS ANGELES, Oct. 24, 2023 /PRNewswire/ -- Kharon, a global authority on deep dive research and data analytics around entities directly or indirectly under sanctions, today unveiled its innovative new Sanctioned Securities solution. This unique capability merges Kharon's unrivaled sanctions ownership research with ISIN and CUSIP securities identifier information, fund holdings data, geographic revenue data, and reference and corporate action data.Recognizing the escalating complexities in today's regulatory environment, Kharon's Sanctioned Securities solution provides financial institutions with the most comprehensive, detailed, verifiable, and up-to-date data on securities that may be directly or indirectly subject to sanctions. This benchmark-setting solution elevates the effectiveness of sanctions, pre-trade transaction monitoring, exclusions, and financial crimes compliance for the financial industry."The banking and investment management industry requires the highest quality data and analytic tools that enable robust compliance, precise risk management, and well-informed decision-making. Kharon is proud to finally meet this need, working in collaboration with our partners in financial crimes compliance."- Howard Mendelsohn, Kharon Chief Client Officer"Kharon's Sanctioned Securities solution is truly transformative. By synthesizing Kharon's sanctions expertise, ISIN and CUSIP securities identifier information, fund holdings data, geographic revenue data, and reference and corporate action data, we empower our clients with a clear, up-to-date, and comprehensive view of their possible exposure to sanctioned securities," said Kharon's Chief Client Officer, Howard Mendelsohn

The Fintech Buzz
Oct 24th, 2023
Kharon Unveils Pioneering Solution For Sanctioned Securities Risk Management

LOS ANGELES, Oct. 24, 2023 /PRNewswire/ - Kharon, a global authority on deep dive research and data analytics around entities directly or indirectly under sanctions, today unveiled its innovative new Sanctioned Securities solution.

Startup Italia
Apr 18th, 2023
I Progetti Vincitori Della Quinta Call Boost Your Ideas

Complessivamente quella appena conclusa è la quinta edizione di Boost Your Ideas, un’iniziativa lanciata dalla Regione Lazio tramite LazioInnova con l’obiettivo di selezionare progetti provenienti da innovatori, team e startup, in particolare con un focus nell’ambito della mobilità sostenibile delle merci e delle persone nei centri urbani. Il Demo Day si è svolto presso lo Spazio Attivo Roma Tecnopolo con il coinvolgimento di importanti enti provenienti dal mondo dell’innovazione, di grandi aziende e di potenziali investitori. Main Partner Eni, attraverso Joule, la scuola di Eni per l’Impresa, e Ferrovie dello Stato Italiane.Al termine del percorso di mentoring e sviluppo durato 6 settimane tramite la rete degli Spazi Attivi di Lazio Innova che ha coinvolto 41 team, sono stati premiati 12 progetti innovativi.Tutti i progetti premiatiDue i primi premi, da 20 mila euro ciascuno, che sono stati assegnati alle startup MeeTravel e SoundFood.MeeTravel, startup che ha dato il via in Italia alla frontiera del social traveling, organizzando viaggi online, con compagni sconosciuti. Si tratta di una app che, grazie ad un algoritmo dedicato, permette di trovare i compagni di viaggio giusti per chi ama viaggiare in compagnia e senza bisogno di ricorrere a un’agenzia. Una community che vanta oltre 70mila persone appassionate di turismo.SoundFood, una lampada pilotata da un’app che esalta e guida la sinestesia sensoriale. Consente agli utilizzatori di percepire input di natura diversa tramite un messaggio acustico interattivo personalizzato.Altri 10 progetti hanno vinto un premio di 5 mila euro ciascuno e un percorso di formazione mirato a sviluppare il design del prodotto e definire il modello di business

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