AI risk management startup ValidMind raises $8.1M to help banks comply with regulations
March 28, 2024
ValidMind, a startup focused on AI and model risk management for financial institutions, announced today that it has raised $8.1 million in seed funding. The round was led by Point72 Ventures, with participation from several other venture capital firms.
The new capital comes as banks face growing pressure to expand their use of AI, while ensuring these technologies comply with regulations.
