WorkFusion, a New York-based fintech, has raised $45 million in new funding led by Georgian, bringing its total capital raised to at least $350 million since its founding in 2010. Initially focused on automation, WorkFusion pivoted in 2022 to specialize in AI agents for financial crime compliance (FCC), offering tools that cover AML, KYC, sanctions screening, transaction monitoring, and more—now reportedly used by 10 of the world’s top 20 banks. CEO Adam Famularo stated that the agents save customers roughly 40,000 hours of manual work per day, and the new funding will accelerate growth as the company positions for broader adoption.
Financial Crime Compliance Fintech WorkFusion Lands $45M Investment