Icelandic company Lucinity raises $6.1m in series-A round

Existing investors Nordic VC firm Crowberry Capital and US-based early-stage investor Perceptor Capital also took part in the round, which comes in addition to a previous series-A of around $3m.

The company will use the proceeds to sell its anti-money laundering software to more companies.

Previous funding
Lucinity raised $2m in a seed round from Crowberry Capital and Perceptor Capital in June 2019.

Company
Founded in 2010 and based in Reykjavík, Lucinity is an AI company providing financial services companies and their surveillance teams with a surveillance cloud product to improve regulatory compliance and tackle money laundering. According to its LinkedIn profile, the company has 11-50 employees.

People
Lucinity - Gudmundur Kristjansson (founder).

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