Elucidate
Berlin, DE · Founded 2018 · 16 employees on LinkedIn · 5 known investors
Elucidate develops AI-powered financial crime risk management solutions for banks, payment providers, and other financial institutions. The company provides a regulated benchmarking standard for assessing financial crime risk across payments and transactions.
Founders & leadership
Elucidate was founded in 2018 by Shane Riedel.
SR
Shane RiedelinCEO and co-founder
Investors · 5
Competitors · 2
by search overlapTookitaki12 shared keywordsTookitaki builds FinCense, an AI-based financial crime prevention platform combining collaborative intelligence and AI agents to detect money laundering and fraud through transaction monitoring, customer onboarding, name and payments screening, and case management. It serves banks, digital banks, payment processors, and e-wallets for AML compliance and regtech needs.
Iadb8 shared keywordsThe Inter-American Development Bank Group provides financing and knowledge to support public sector, private companies, and entrepreneurial innovation across Latin America and the Caribbean. It comprises the IDB, IDB Invest, and IDB Lab, working on development priorities such as security, care, and resilience.
Companies competing with Elucidate for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Elucidate do?
- Elucidate develops AI-powered financial crime risk management solutions for banks, payment providers, and other financial institutions. The company provides a regulated benchmarking standard for assessing financial crime risk across payments and transactions.
- Who founded Elucidate?
- Elucidate was founded by Shane Riedel in 2018.
- Who are Elucidate's investors?
- Elucidate's investors include 11.2 Capital, AV8 Ventures, Frontline Ventures, Elevator Ventures, SixThirty Ventures.
- Where is Elucidate headquartered?
- Elucidate is headquartered in Berlin, DE.