Self-executing compliance for regulated businesses.

New York, NY
Joined August 2024
Today, we are thrilled to officially launch @leelainc and announce $4.6 million in funding to bring self-executing compliance to regulated financial businesses. We spent years working in financial services, and we kept seeing the same problem: regulated businesses had plenty of software to track compliance work, but people still had to do almost all of the complex, multi-step work themselves - reactively, no less, and earning a reputation for slowing businesses down in the process. Compliance was the world of chasing, and of spreadsheets, documents and off-the-cuff attestations. We started Leela because we thought there had to be a better way. Most compliance software tracks work. Leela actually does it. Here's how: Leela breaks compliance down into four parts. 🔹 We design the policies that make up your compliance program (if you already have these, we can start there too). 🔹 We translate that program into discrete obligations. 🔹 We perform the work those obligations require, across the systems where your business already operates. 🔹 And we package the evidence in the format your counterparties need. We're incredibly grateful to our rockstar investors - co-leads Array Ventures (@atshruti) and Female Founders Fund (@fcubedvc) and the rest of our incredible investors Northwestern Mutual Future Ventures (@NMFuture), The Council (@TheCouncilCap), Apprentis Ventures (Holly Neiweem) and an amazing group of financial-services operators and angels, including @jthesalt, @brunoswerneck, @SashaFintech and others for believing in our vision and a dynamic new future for regulated businesses. And I am so personally grateful to our team and our INCREDIBLE early customers. We wouldn't be here without you. The best part? You can actually start using Leela today! Sign up, get started with a self-executing policy, and start building your compliance program right in the product (links in comments). 🔹 Try the interactive demo: try.withleela.com 🔹 Get started with Leela: app.withleela.com 🔹 Learn more: withleela.com And check out our launch coverage in PYMNTS and Legaltech News / Law.com! Here's a look at what weve built. 👇
5
1
1
14
1,499
Leela retweeted
Leela CEO: AI can give FinTechs a 10-person compliance team. In an exclusive conversation, Preeti Krishnan tells PYMNTS: "A lawyer can tell you the laws you have to follow...But it’s compliance’s job to figure out how they apply to that specific business, and then make sure they’re upheld. It’s like a hydra." Read the recap of our interview for how Leela uses AI agents to help solve that problem: hubs.ly/Q04zTMkr0
3
545