Haast, a Sydney-based startup specialising in AI-powered compliance technology, has secured $6m in seed funding as major corporate clients adopt its platform.
The investment round was led by Airtree, with additional backing from defy.vc, Aura Ventures and Black Sheep Capital, according to a report from Business News Australia. It follows an earlier $1.2m pre-seed round raised in 2023.
Founded in 2022 by Jason Watling, Kunal Vankadara and Liam King, Haast offers an AI-driven solution designed to automate marketing and content compliance for large organisations.
Haast plans to use the fresh capital to scale its team and support expansion into the US market, which is already underway. The firm has seen early success with major clients including Australian telecoms giant Telstra and UK-based insurer and asset manager Aviva.
Haast claims its large language model is among the first of its kind to deliver full-scale automation for compliance in a mission-critical business function. The technology is said to reduce manual review efforts by up to 80%, enabling compliant content to go live three times faster, while continuously monitoring for potential risks across internal and external communication channels.
Zurich Australia & New Zealand head of regulatory change, frameworks and insights Wessel van Keulen said, “Haast represents the future of compliance. Their innovative AI technology has the potential to revolutionise how organisations like ours manage risk in a fast-evolving regulatory environment. We’re excited to see how their platform will continue to transform compliance workflows for the better.”
Haast co-founder Kunal Vankadara added, “We believe compliance technology is entering a new era, where AI works hand-in-hand with human expertise to eliminate inefficiency, reduce risk and create space for more strategic work. Haast is the technology to lead that future, globally.”
Keep up with all the latest FinTech news here
Copyright © 2025 RegTech Analyst
Copyright © 2018 RegTech Analyst
