Footprint Raised $25 Million in Series B Funding
The financial compliance startup plans to expand its engineering and sales teams with the new capital.
Updated on Sept. 21, 2026 in Startups
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Footprint has raised $25 million in a Series B funding round led by QED Investors. The startup, which develops AI for financial crime compliance, intends to use the capital to double its engineering and sales headcount while opening a new San Francisco office.
Why it matters
As financial institutions face increasing regulatory pressure, demand for automated compliance tools that link data across multiple sources has grown. This funding allows the firm to scale its operations to meet the needs of its banking and FinTech clients.
Footprint secured $25 million in Series B capital led by QED Investors, with participation from firms including MUFG and Commerce Ventures.
The players
Footprint
Footprint is a technology startup that develops AI systems for financial crime compliance and identity verification.
QED Investors
QED Investors is a venture capital firm that focuses on investments in the financial services and FinTech sectors.
The details
The startup provides AI-driven compliance technology that supports companies like Bilt and Nuvei through tools like Percy and its Trust Fabric platform. Its software integrates with data sources such as LexisNexis and ComplyAdvantage to investigate cases and link cross-customer signals.
Timeline
September 21, 2026: Article publication date.
Market Landscape
This funding round reflects the broader industry shift toward integrating AI into financial compliance, where automation is replacing manual investigative processes. By scaling its engineering and sales divisions, Footprint positions itself to compete more aggressively in the crowded FinTech regtech market.
While the funding round primarily impacts the firm's growth trajectory, clients using its compliance software may see an increase in platform capabilities as engineering teams expand. The new San Francisco office will likely centralize the firm's presence within the tech hub, potentially improving local service and partnership development.
The takeaway
Investment in regtech continues to grow as companies seek to simplify complex compliance procedures through machine learning. Leveraging AI to build institutional memory allows firms to manage risk more effectively without proportional increases in manual labor costs.
Further reading
For more on the local venture landscape, see San Francisco Startups.
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