NorthRow

cross-border compliance for venture capital firms

Overcome cross-border compliance and beneficial ownership

Automatically and efficiently screen investors, investees, and partners against global watchlists, sanctions, PEPs, and adverse media, with instant and reliable flagging of high-risk individuals or entities.

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Coverage
venture capital director check

Join other venture capital firms who have reduced their client onboarding risks to protect their practice.

The biggest AML challenges for venture capital firms

COMPLEX OWNERSHIP STRUCTURES

Verifying UBO legitimacy can be challenging, particularly when ownership is layered across multiple jurisdictions.

BALANCING SPEED WITH COMPLIANCE

Ensuring robust AML checks of businesses and individuals without delaying deal closures is a constant challenge.

HANDLING CROSS-BORDER INVESTMENTS

Firms must comply with global AML rules, including vetting stakeholders in high-risk or opaque regions.

ONGOING CLIENT MONITORING

Firms evolve quickly, adding investors and entering markets, VC firms must monitor these changes to ensure compliance.

NAVIGATING ONBOARDING AND RISK SCREENING

Venture capitalists often move quickly to secure deals, but AML and KYC checks can slow the process.

MITIGATING RISKS FROM CRYPTOCURRENCIES

Firms often invest in startups leveraging emerging technologies like blockchain or dealing in cryptocurrencies. 

Q1 2024

VC-backed deals in the US totaled 3,205

£82M +

mega-deals remaining significant in 2024

14%

rise in venture funding in early 2024

84%

drop in VC fund distributions (21-23′)

10%

carbon emission reduction for VC firms

How NorthRow helps

Streamline due diligence and monitoring while confidently meeting regulatory requirement

Accelerate the due diligence process without compromising on accuracy, ensuring that you can onboard investors, entrepreneurs, and partners quickly while adhering to AML regulations.

Build trust through compliance and risk management

Maintain the trust of investors and partners by consistently demonstrating a clear commitment to compliance, effective risk management, and regulatory transparency.

Advanced threat detection and prevention

Stay one step ahead of potential threats with round-the-clock monitoring, proactively identifying and managing adverse risk profiles to protect your business.

Ensuring full transparency with automated audit trails

Automatically log all actions taken in the compliance process, ensuring a transparent and comprehensive audit trail for regulators, stakeholders, and internal teams.

venture capital money

If the company takes too long to onboard, revenue-rich clients may decide you’re too difficult to work and do business with. Your reputation for slow onboarding could cause them to abandon the process, leaving you with incurred costs without securing their business.

VC expert

Ray Blake

Director of the The Dark Money Files

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Assess AML Risk

Automate KYB due diligence for seamless onboarding

Assess a company’s legitimacy and risk profile, whether a startup or established business seeking funding, including ownership, financial standing, and regulatory status.

KYB case management
3 minute ID verification
Ensure Regulatory Adherence

Fast-track onboarding with reliable identity verification

From traditional documents to biometric authentication, speed up investor and investee onboarding with accurate identity verification across multiple data sources.

Global Compliance

Manage AML in cross-border investments

Securely invest in businesses across multiple jurisdictions, no matter the district AML regulations, ensuring compliance with varying laws while conducting robust due diligence.

venture capital KYB check

Impact in numbers: elevating compliance for venture capital

We bring together global market-leading data sources and verification technologies into a single, simple interface, accessible anywhere, any time.

< 4%

Abandonment rate

220+

Jurisdictions

500m+

Entities available

13,000

Documents supported

1.5m

Daily news articles

< 2%

False positive rate

Improve operational efficiency

Automated workflows eliminate manual data entry and accelerate compliance checks, ensuring more reliable onboarding for every stakeholder, such as UBOs.

Centralised AML management

Manage all AML compliance processes across your investment pipeline from a single, intuitive platform, improving oversight and team collaboration. 

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Efficient KYC/B automation

Streamline processes, safeguard your company’s reputation, and provide outstanding customer experiences with a comprehensive and highly automated KYC/B system.

hargreaves lansdown office
HL logo

Helping Hargreaves Lansdown to onboard new customers in the simplest, safest and fastest way.

Hargreaves Lansdown looked for an AML partner to support the delivery of their Workplace client onboarding checks, while also automating the identification of corporate structures and screening of beneficial owners and directors. 

Read their story

Venture Capital FAQs

For all of your burning questions, take a look at our FAQs. Can’t find the answer to your question? Feel free to contact us directly and we’ll be happy to help.
What data providers do you use?

NorthRow integrates with lots of renowned global data providers, corporate registries and premium data sources, providing unrivalled access to the data your business needs.

Our key data providers are as follows:

Dun & Bradstreet who are leading company data and UBO database specialists, featuring over 500 million global company entities.

Lexis Nexis is our core provider of UK identity and address validation data, such as credit reference agency and electoral register data.

Acuris (often referred to as C6), is our core provider of risk data. Specifically for PEPs, sanctions and adverse media.

Creditsafe is our supplier for KYB/company data. Often used for corporate ownership and structure information. This includes company directors, shareholders and other interested parties as well as where a company is based and its business activities to help support identification of UBOs.

More information can be be found here.

What do you do with our data?
At NorthRow we take security very seriously, we adhere to the highest, rigorous standards for data, privacy and security compliance. The data you send us is only used to verify your client’s identities and businesses. We never use it for any other purpose. We send it to third parties to complete the checks, and we can share our list of sub-processors with you so that you have full transparency of how your data is used.
Where is our data held?
Our products are tested continuously throughout our development process by a team of internal QA engineers. In addition to the application testing we regularly scan for vulnerabilities using third party services and undertake annual detailed penetration testing. We continually monitor new vulnerabilities and proactively work to ensure that we are protected.
How do you test your services?
Our products are tested continuously throughout our development process by a team of internal QA engineers. In addition to the application testing we regularly scan for vulnerabilities using third party services and undertake annual detailed penetration testing. We continually monitor new vulnerabilities and proactively work to ensure that we are protected.
What about service availability?
NorthRow makes use of the Amazon Web Services and Microsoft Azure to ensure we do not have a single point of failure in our architecture. All the data we hold and the services we provide are backed up at regular intervals to protect against disruption or loss of data.
What support is included?

From the moment we work together we hold your hand throughout the implementation process and continue through to ‘go live’.

Excellent customer service and continued support are all part of partnering with NorthRow. You can always email our support team on support@northrow.com if you have any queries.

All Premium and Enterprise package customers receive a dedicated account manager who will keep in touch to ensure you get the most out of our software.

How fast can I be up and running?
Typically, we get our clients live within 14 days of them signing a contract.

We’ve worked with hundreds of regulated businesses. Let’s work together.

Book your free demo of our ID&V, KYC, KYB, and AML compliance solution and discover how we’ve turned compliance into a competitive advantage for companies like Knight Frank, CloudPay, and Yorkshire Building Society.

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