Footprint raises $25m as AI crime arms race heats up

Footprint

Footprint, the AI operating system for risk, has raised $25m in a Series B funding round led by QED Investors, as it pushes further into agentic compliance infrastructure for banks and FinTechs.

The round drew participation from MUFG, Commerce Ventures, LightBank and Alumni Ventures, alongside continued backing from existing investors Index Ventures, Lerer Hippeau, BoxGroup, Operator Partners and Animal Capital.

The fresh capital will double Footprint’s engineering and sales headcount as the company advances Percy, which it describes as the world’s first end-to-end AI operating system built for financial crime compliance, together with Trust Fabric, the governed infrastructure that sits beneath it. The funding will also support the opening of a new San Francisco office as Footprint scales its agentic AI infrastructure for enterprise financial institutions.

Footprint builds AI systems and workflows for financial-crime compliance, spanning anti-money laundering, enhanced due diligence, know-your-customer, know-your-business and transaction monitoring investigations, for banks and FinTechs.

At the centre of the platform sits Percy, which the company positions as the first agentic AI operating system built end-to-end for risk. Rather than relying on legacy rules-based systems, Percy is designed to investigate every case, surface every finding and carry out standard operating procedures with the speed and precision the company likens to an expert analyst.

The system operates in plain English, letting teams request reasoning or build new workflows without writing code, while every investigation is logged with citations, timestamps and a full task-by-task audit trail intended for regulators.

The new funding will also advance Trust Fabric, the governed layer beneath Percy that the company says builds up an organisational memory over time. Trust Fabric links related signals across customers and cases, so that insights and precedents from one investigation become instantly available across know-your-customer, sanctions and monitoring functions, helping teams identify fraud rings and repeat bad actors that human analysts might otherwise miss.

The layer also provides agent assurance, continuously checking whether AI agents follow policy and use evidence correctly, allowing quality assurance teams to examine the exact trace behind every finding.

Footprint’s technology already underpins compliance teams at FDIC and OCC-regulated banks, as well as FinTechs including Bilt, Nuvei and MoonPay. The platform is pre-integrated with hundreds of leading data sources and vendors, among them LexisNexis and ComplyAdvantage, allowing Percy to verify its findings against trusted sources of truth.

Footprint CEO and co-founder Eli Wachs said, “With this raise, we’re doubling down on the thesis that risk operations will be re-envisioned for the AI-native era. As AI expands the volume of financial crime in the global economy, we’re building the agentic defense system that can expand to meet and defeat it.”

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