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

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.