About Hummingbird
Hummingbird is a company based in Boston (United States) founded in 2016 by Joe Robinson, Ryan Gerard, and Jesse Reiss. It operates as a SaaS (Software-as-a-Service) and FinTech. Hummingbird has raised $41.21 million across 3 funding rounds from investors including Omidyar Network, Battery Ventures and Flourish Ventures. Hummingbird has completed 1 acquisition, including LogicLoop. Hummingbird offers products and services including Customer Screening, Transaction Monitoring, Investigations, and Regulatory Reporting. Hummingbird operates in a competitive market with competitors including Perfios, Signicat, Riskified, IDfy and IDnow, among others.
- Headquarter Boston, United States
- Founders Joe Robinson, Ryan Gerard, Jesse Reiss
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Phone
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Website
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Social
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- Legal Name Hummingbird Regtech, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$41.21 M (USD)
in 3 rounds
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Latest Funding Round
$30 M (USD), Series B
Nov 24, 2021
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Investors
Omidyar Network
& 9 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Hummingbird
Hummingbird offers a comprehensive portfolio of products and services, including Customer Screening, Transaction Monitoring, Investigations, and Regulatory Reporting.
Sanctions and adverse media screening is streamlined effectively.
Financial crime detection is made powerful and flexible.
Compliance investigations are conducted with speed and accuracy.
Automated filing of SAR, STR, and CTR is provided.
People of Hummingbird
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Funding Insights of Hummingbird
Hummingbird has successfully raised a total of $41.21M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $30 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 3
- Last Round Series B — $30.0M
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First Round
First Round
(22 Oct 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - Hummingbird | Valuation | Battery Ventures | |
| May, 2020 | Amount | Series A - Hummingbird | Valuation | Flourish | |
| Oct, 2018 | Amount | Series A - Hummingbird | Valuation | Homebrew |
Investors in Hummingbird
Hummingbird has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Omidyar Network, Battery Ventures and Flourish Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location | |
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Flourish Ventures is focused on investing in mission-driven fintech entrepreneurs.
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Founded Year | Domain | Location | |
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Capital and counsel are provided to mission-driven founders by Homebrew.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hummingbird
Hummingbird has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LogicLoop.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Workflows are automated by a cloud-based platform for risk management.
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2004 |
Financial Statements - Hummingbird
Hummingbird Comparisons
Competitors of Hummingbird
Hummingbird 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, Riskified, IDfy and IDnow, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 |
AI-based fraud prevention for e-commerce payments is provided.
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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 |
Automated and expert-led identity verification services are provided.
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| domain | founded_year | HQ Location |
Provider of fraud prevention and payment validation for online retailers
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Latest news on Hummingbird
Frequently Asked Questions about Hummingbird
Hummingbird was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Hummingbird is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Joe Robinson is the current CEO of Hummingbird. They have also founded this company.
Hummingbird is a funded company, having raised a total of $41.21M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.01M, raised on Oct 22, 2018.
Hummingbird is engaged in delivering AI-powered compliance solutions for risk management. The platform is designed to automate routine tasks, enhance decision-making, and scale compliance operations for industries such as banking, fintech, and crypto. Solutions including customer screening, transaction monitoring, investigations, and regulatory reporting are offered to combat financial crime. The company serves various sectors by providing tools for anti-money laundering, customer due diligence, and banking-as-a-service partnerships. Integration with third-party data and core systems is facilitated to ensure seamless operations.
Hummingbird offers Customer Screening, Transaction Monitoring, Investigations, and Regulatory Reporting.
Hummingbird has made 1 acquisition, including LogicLoop.
Hummingbird has 10 investors. Key investors include Omidyar Network, Battery Ventures, Flourish Ventures, Homebrew, and William Hockey.