L
Lucinity
Uses human AI to help banks fight financial crime more efficiently
About Lucinity
Lucinity is a pioneering company in the field of financial crime compliance, leveraging advanced artificial intelligence (AI) to provide innovative solutions. The company's platform is designed to be user-friendly, offering fast and clear insights that enhance the efficiency and decision-making capabilities of compliance professionals. Lucinity serves financial institutions and businesses that require robust anti-money laundering (AML) systems to combat financial crime. Operating in the financial technology (fintech) market, Lucinity's business model revolves around a Software-as-a-Service (SaaS) approach, where clients subscribe to use their AI-powered compliance tools. The company generates revenue through subscription fees and possibly additional services related to compliance and fraud management. Lucinity's platform is particularly noted for its ability to complement the skills of compliance professionals, making them more effective in their roles by automating routine tasks and providing actionable insights. This not only saves time and money for institutions but also enhances their ability to detect and prevent financial crimes.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Reykjavík, Iceland
- Employees
- 31
- Open positions
- None listed
- Dealroom signal
- 61.3/100
- Industry
- Fintech
- Sub-industry
- Regtech
- Sector
- Fintech, SaaS, Compliance, User Behavior, Core AI, Anti Money Laundering, Nordic Rising Star 2022, Top 50 Nordic Rising Star 2022 Iceland, AI Applications, peace tech
- Technology
- Artificial Intelligence
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jul 2022 | $17M | $68M | Crowberry Capital · byFounders · Keen Venture Partners · Experian | ↗ |
| SERIES A✓Equity / VC | Jul 2020 | $6.1M | $24M | Crowberry Capital · byFounders · Preceptor Capital · Karma Ventures | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Lucinity is 12K monthly website visits, up 0% over the last three months. Lucinity's team declined 29.5% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Icelandic Centre for Research
Crowberry Capital
Preceptor Capital
Series A4 investors entered at this stage
byFounders
Karma Ventures
Keen Venture Partners
Experian
Other known investors2 additional known investors
FirstTracks Ventures
Jenny Ruth Hrafnsdottir
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Lucinity on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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