About First AML
First AML is a company based in Auckland (New Zealand) founded in 2017 by Milan Cooper, Bion Behdin, and Chris Caigou.. First AML has raised $27.34 million across 2 funding rounds from investors including Blackbird Ventures, Bedrock Investments and Headline. First AML offers products and services including First AML Platform, AI Assist, Identity Verification, Risk Assessments, and Audit and Reporting. First AML operates in a competitive market with competitors including Perfios, Signicat, Onfido, HID Global and IDfy, among others.
- Headquarter Auckland, New Zealand
- Founders Milan Cooper, Bion Behdin, Chris Caigou
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Sectors
Financial ServicesTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name First Aml Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$27.34 M (USD)
in 2 rounds
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Latest Funding Round
$21.49 M (USD), Series B
Nov 01, 2021
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Investors
Blackbird Ventures
& 5 more
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Employee Count
Employee Count
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Products & Services of First AML
First AML offers a comprehensive portfolio of products and services, including First AML Platform, AI Assist, Identity Verification, Risk Assessments, and Audit and Reporting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Integrated platform for AML, KYC, and risk management processes.
Analyzes documents like trust deeds for compliance verification.
Biometric and document checks for individual authentication.
Evaluates and scores risks based on global data sources.
Generates compliance reports and audits in seconds.
Unlock access to complete
Funding Insights of First AML
First AML has successfully raised a total of $27.34M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $21.49 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $21.5M
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First Round
First Round
(16 Sep 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - First AML | Valuation | Blackbird Ventures | |
| Sep, 2020 | Amount | Series A - First AML | Valuation | Bedrock |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in First AML
First AML has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Blackbird Ventures, Bedrock Investments and Headline. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in seed, early, and later-stage tech companies.
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Founded Year | Domain | Location | |
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Early-stage investments are made by Bedrock in technology sectors.
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by First AML
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - First AML
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
First Aml Comparisons
Competitors of First AML
First AML operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perfios, Signicat, Onfido, HID Global and IDfy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides financial technology solutions for data analysis and verification globally.
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| domain | founded_year | HQ Location |
Software solutions for identity management are provided via APIs.
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| domain | founded_year | HQ Location |
Identity verification solutions are provided, including document and biometric authentication.
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| domain | founded_year | HQ Location |
Cloud-based physical identity and access management systems are developed.
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| domain | founded_year | HQ Location |
Identity verification, background screening, and fraud prevention solutions are provided.
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| domain | founded_year | HQ Location |
Corporate Digital Identity and KYC solutions are provided by Encompass.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on First Aml
Frequently Asked Questions about First AML
When was First AML founded?
First AML was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is First AML located?
First AML is headquartered in Auckland, New Zealand.
Who is the current CEO of First AML?
Milan Cooper is the current CEO of First AML. They have also founded this company.
Is First AML a funded company?
First AML is a funded company, having raised a total of $27.34M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.85M, raised on Sep 16, 2020.
What does First AML do?
KYC AML solutions for multiple sectors such as law firms, financial institutions, accountants, real estate agencies, and more. It facilitates transaction monitoring, customer onboarding, identity verification, fraud prevention, and more. It facilitates biometric identity verification.
Who are the top competitors of First AML?
What products or services does First AML offer?
First AML offers First AML Platform, AI Assist, Identity Verification, Risk Assessments, and Audit and Reporting.
Who are First AML's investors?
First AML has 6 investors. Key investors include Blackbird Ventures, Bedrock Investments, Headline, Eliot Crowther, and Icehouse Ventures.