In the latest development, UNIQA Ventures and Elevator Ventures Beteiligungs, a subsidiary of Raiffeisen Bank International have invested in kompany. Notably, the previous investors, including the European Super Angels Club (ESAC), have increased their stakes.
For the uninitiated, kompany is the leading RegTech platform for Global Business Verification and Business KYC, providing an audit-proof, primary source, and time-stamped company information in real-time.
It is headquartered in Vienna, Austria and has offices in Singapore and the UK. Notably, the Munich-based company built its infrastructure over the last five years servicing international banks and insurance companies, leading advisories, as well as compliance software providers.
Hannes Cizek, Managing Director of Elevator Ventures and Head of Group Strategy & Innovation of RBI, explains: