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Venture capital firm Valor Ventures leads seed round in Vital4

Tuesday, July 07, 2020 — 11:39:23 (EDT)

ATLANTA--(BUSINESS WIRE)--Valor Ventures is proud to announce its investment in Vital4, a fintech platform headquartered in Atlanta that provides AI-driven risk screening and continuous monitoring for thousands of employers, banks and financial services customers. Vital4 is led by CEO and founder Kristin Stafford, an expert in employee monitoring who previously built and scaled International Screening Solutions and held prior roles at CompuCredit and Northern Trust.

“The time is now for solutions like Vital4,” says Valor General Partner Robin Bienfait, who held multiple CXO roles at some of the world’s largest technology companies, including AT&T, Blackberry and Samsung. “Employers are embracing work-from-anywhere. To do it well, they need a secure process to manage risks around their global team. Vital4 is a rising leader.”

Vital4’s mission is making continuous monitoring light touch, accurate and automated.“We are committed to harnessing technology to drive costs down and deliver unsurpassed, unbiased results —results that let anyone concerned about real compliance sleep better at night,” says Stafford. Vital4 helps customers monitor politically exposed persons, watch lists alerts, negative media, third party risks, medical compliance and more.

“Valor leading our seed round equips us to take advantage of this unique opportunity in time to grow even faster,” Stafford says. Valor leads first professional rounds in scaling platform technologies led by diverse teams at the seed stage in the southeastern United States, pursuing a large and growing opportunity in the only region in the country growing at double-digit rates. Valor general partner Lisa Calhoun joins Vital4’s board of directors.

About Valor Ventures

Founded in 2015, Valor Ventures leads first rounds in financial inclusion platform software. We focus in the Southeast, which features 40% of the U.S. population and the greatest density of under-represented founders. Our purpose is creating market-leading returns for our stakeholders. Our mission is making inclusion the new normal in venture capital. Our platform includes Startup Runway, the largest pitch event for underrepresented founders in the country; Atlanta Startup Podcast; and Atlanta Tech Park, the 45,000 sqft innovation center dedicated to accelerating local tech innovation globally. Find out more at valor.vc.

About VITAL4

VITAL4 provides global screening solutions to help organizations maintain regulatory compliance and mitigate third-party risk. As a cloud software platform made fast and powerful by proprietary machine learning technology, VITAL4 was developed to bring the agility of SaaS services to enterprise compliance regimes and eliminate slow update cycles, shallow source pools and the human-error risks of manual legacy processes. VITAL4 was built with four fundamental concepts in mind: compliance, accuracy, global insight and value.

Contacts Carla Etheridge Carla@Write2Market.com (727) 385-8910

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Source: Company press release. end of article

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