WorkFusion, a leader in AI-driven solutions for financial crime compliance (FCC), has raised $45 million in new funding to advance its portfolio of agentic AI tools designed to transform compliance operations. The round was led by Georgian, with participation from Serengeti Asset Management, Nokia Growth Partners, Teralys Capital, Hawk Equity, Chubb INA Holdings, Declaration Partners, and other investors.
The investment underscores growing demand in the $155 billion FCC operations industry, where financial institutions are under mounting pressure to combat money laundering, sanctions evasion, KYC backlogs, and fraud. WorkFusion’s AI agents automate repetitive, document-heavy, and error-prone tasks, delivering significant efficiency gains for leading banks — including 10 of the world’s top 20. According to the company, its technology processes over 1 million alert hits daily, saving an estimated 5,000 FTEs per day.
“In 2022, we made a hard pivot to restructure the company around our AI Agents for financial crime compliance,” said Adam Famularo, CEO of WorkFusion. “We were one of the first technology companies to focus on creating AI Agents that did a specific job role within a vertical industry. Today our pre-built AI Agents are saving customers about 40,000 hours a day of manual work… And this is still just the beginning. We are now positioned for considerable growth as the market is ready for widespread adoption.”
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Georgian co-founder Justin LaFayette added: “Agentic AI represents an evolution beyond generative AI with capabilities to autonomously plan, reason about and execute complex tasks with minimal human intervention. Financial crime compliance is well-suited to agentic AI, where AI agents can complete much of the work needed to protect financial institutions.”
Other investors, including Jody LaNasa of Serengeti Asset Management, emphasized that innovations blending AI and automation are now critical to scaling compliance, reducing costs, and strengthening defenses against financial crime.
With this latest funding, WorkFusion is poised to accelerate adoption of its AI agents, positioning itself as a key player in the future of compliance automation.
