Greenboard, an AI-native securities compliance platform serving more than 500 financial institutions, has announced $20m in total funding, including a previously undisclosed $15.5m Series A led by Base10 Partners.
The round also drew participation from Y Combinator, General Catalyst, Wayfinder Ventures, Commerce Ventures, Transpose Platform, Liquid2 Ventures and Kulveer Taggar, alongside strategic industry investors.
In tandem with the funding announcement, the company is unveiling GreenboardGo, a conversational AI layer built directly on top of a firm’s compliance books and records. The tool is designed to provide instant answers to employee compliance questions, direct decisions to the appropriate compliance expert, and automatically prepare compliance tasks ahead of human review and sign-off, covering workflows that had previously depended on manual coordination.
Among the firms already using the platform is Root Financial, one of the fastest-growing registered investment advisors in the US. Since adopting Greenboard, Root Financial estimates it has reclaimed approximately 24 hours per week previously consumed by marketing reviews and other manual tasks.
Similarly, JMG Financial Group reports it has cut compliance onboarding time by 60%, saved more than ten hours weekly on communications surveillance, and consolidated capabilities that had previously been spread across three separate legacy systems.
Greenboard was founded in 2023 by Dave Feldman and Ed Schembor to help financial institutions manage the growing complexity of securities compliance. Its platform replaces fragmented legacy tools with a single unified system covering employee compliance, communications supervision, marketing review, third-party oversight and firm compliance operations.
GreenboardGo sits as an AI-native layer embedded within Greenboard’s existing foundation of a firm’s books, records, policies and workflows. Because of this, the company argues the product can do something generic AI tools cannot: take action grounded in a firm’s actual compliance programme rather than broad regulatory guidance.
Any employee can pose a compliance question and receive a response rooted in their firm’s own policies within seconds. Where a question requires judgement, GreenboardGo routes it to the relevant compliance owner and automatically captures the decision. The compliance team then reviews, edits and approves before anything is finalised.
Greenboard co-founder and CEO Dave Feldman said, “For years, compliance work has lived in email threads, spreadsheets, and manual follow-ups. In the AI era, we’re increasingly seeing that regulators no longer tolerate manual processes as sufficient. GreenboardGo changes that. Now every employee at a financial institution can access compliance at the speed of best-in-class AI. Our goal is to make everyone in finance a compliance champion — not just the people sitting in the compliance department.”
Greenboard co-founder and CTO Ed Schembor said, “Expert-in-the-loop isn’t a feature. It’s the architecture, pairing human precision with AI recall. The AI prepares reports, answers questions, and routes decisions, but nothing is finalized without a compliance professional reviewing and approving it. That’s how you get both efficiency and control in a regulated industry.”
Copyright © 2026 FinTech Global
