Also known as: Openwealth
AI compliance co-pilot for regulated financial businesses
Company is active
Event Year: 2025
Company is active
Event Year: 2025
Cardamon is an AI-driven platform designed to streamline regulatory compliance for financial institutions. By ingesting relevant regulations, the platform intelligently identifies applicable requirements for each firm, enabling compliance officers to translate regulations into actionable obligations and product specifications in a matter of minutes, rather than weeks.
Financial firms often grapple with intricate regulatory landscapes, which can significantly impede the launch and maintenance of compliant products. Drawing from firsthand experience as a product team at Revolut, we deeply understand these challenges. We encountered situations where product launches were delayed due to protracted compliance processes, sometimes taking as long as the product development itself.
Driven by this frustration, we investigated the existing processes and were surprised by their manual and inefficient nature. This realization highlighted a significant opportunity to automate these tedious tasks and address our own pain points. Cardamon empowers compliance teams to eliminate repetitive work, while simultaneously enabling product teams to accelerate their release cycles, resulting in enhanced efficiency and overall satisfaction.
Cardamon is an AI-driven platform designed to streamline regulatory compliance for financial institutions. By ingesting relevant regulations, the platform intelligently identifies applicable requirements for each firm, enabling compliance officers to translate regulations into actionable obligations and product specifications in a matter of minutes, rather than weeks.
Financial firms often grapple with intricate regulatory landscapes, which can significantly impede the launch and maintenance of compliant products. Drawing from firsthand experience as a product team at Revolut, we deeply understand these challenges. We encountered situations where product launches were delayed due to protracted compliance processes, sometimes taking as long as the product development itself.
Driven by this frustration, we investigated the existing processes and were surprised by their manual and inefficient nature. This realization highlighted a significant opportunity to automate these tedious tasks and address our own pain points. Cardamon empowers compliance teams to eliminate repetitive work, while simultaneously enabling product teams to accelerate their release cycles, resulting in enhanced efficiency and overall satisfaction.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2025
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2025
B2B
B2B
B2B -> Finance and Accounting
B2B -> Finance and Accounting
Team size: 2
Hiring: No
Team size: 2
Hiring: No