Sphinx

Sphinx

AI-driven compliance automation for financial institutions

Overview

Sphinx provides AI-powered compliance software for financial institutions, automating KYB, KYC, and AML tasks. Its browser-native AI agents run inside a client’s own tools (like case management systems) to mimic human actions—performing due diligence, assess alerts, verify documents, and monitor transactions—without heavy engineering. The agents learn a company’s procedures and initially suggest human-approved decisions, with the goal of moving toward end-to-end automation as confidence grows, reducing manual reviews and backlogs. The platform is sold on a subscription basis and targets banks, fintechs, credit unions, and crypto platforms in North America, Europe, and Asia, aiming to expand into more markets and deploy more compliance agents.

YC Company
Significant Headcount Growth

About Sphinx

Simplify's Rating
Why Sphinx is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Financial Services

Company Size

11-50

Company Stage

Seed

Total Funding

$7.2M

Headquarters

San Francisco, California

Founded

2024

Get referred to Sphinx

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • February 2026 seed funding from Cherry Ventures, YC, and Deel extends runway.
  • Equals Money reported 94% fewer false positives while catching more true positives.
  • Sphinx launched document-fraud detection in 2026, claiming 94.3% accuracy and 3x fraud detection.

What critics are saying

  • Bretton AI, Sardine, Unit21, Hawk, and Oscilar crowd the same fintech buyers.
  • Regulators can reject autonomous dispositions, freezing sales and forcing permanent human review.
  • Browser automation breaks when clients change interfaces; one major platform shift can cripple workflows.

What makes Sphinx unique

  • Browser-native agents work inside existing compliance tools, avoiding integration-heavy deployments.
  • Every disposition is logged and explainable, which eases regulator review and audits.
  • TRM Labs integration and document-fraud tooling broaden Sphinx beyond basic alert triage.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$7.2M

Meets

Industry Average

Funded Over

2 Rounds

Notable Investors:
Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$7.1M
Sphinx

Benefits

Health Insurance

Unlimited Paid Time Off

Relocation Assistance

Company Social Events

Growth & Insights and Company News

Headcount

6 month growth

27%

1 year growth

27%

2 year growth

64%
FinSMEs
Feb 17th, 2026
Sphinx Raises $7.1M in Seed Funding

Sphinx raises $7.1M in Seed funding. February 17, 2026 Sphinx, a San Francisco, CA-based company building browser-native compliance agents for financial institutions, raised a $7.1M in Seed funding. The round led by Cherry Ventures, with participation from Y Combinator, Rebel Fund, Deel Ventures, and Singularity Capital. The company intends to use the funds to scale its agentic compliance workforce as banks and fintechs increasingly rely on it for core AML, KYC, and KYB operations. Led by CEO Alexandre Berkovic, Sphinx builds customizable, browser-native intelligent agents that run on top of existing systems to automate compliance operations end-to-end, with no engineering work required. Every decision is logged and explainable by design, making automated compliance auditable, scalable, and ultimately insurable. It works with large banks, global fintechs, and neobanks to eliminate manual reviews, reduce operational risk, and enable compliant expansion across markets. 17/02/2026

Pulse 2.0
Feb 17th, 2026
Sphinx raises $7.1M to deploy browser-native AI agents for AML and KYC compliance work

Sphinx has raised $7.1 million in seed funding led by Cherry Ventures to scale its browser-native AI agents for compliance work in financial institutions. Y Combinator, Rebel Fund, Deel Ventures and Singularity Capital participated in the round. The startup offers AI agents that work directly within existing compliance tools to handle anti-money laundering, know your customer and know your business processes. The agents operate inside case management platforms, portals and dashboards without requiring system integrations, enabling deployment within days. Founded by Alexandre Berkovic and Chrisjan Wüst, Sphinx claims its agents have processed millions of alerts across over a dozen regions. The company cited customer Equals Money achieving a 94% reduction in false positives. Sphinx targets the $200 billion annual compliance market, positioning its technology as operational infrastructure rather than additional software.

Recently Posted Jobs

Sign up to get curated job recommendations

Sphinx is Hiring for 8 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →