Archive Intel secures $1M to enhance wealth firms compliance communications

by | May 24, 2024 | AI Intel

We are excited to share a fantastic milestone for Archive Intel! Recently featured in an article by Investment News, Archive Intel has successfully raised $1 million in seed funding. This investment round, led by Social Leverage, marks a significant step forward in enhancing our communication archiving and compliance solutions for wealth firms.

Social Leverage, an early-stage investment fund with a focus on technology companies, has expressed strong confidence in our innovative approach. Howard Lindzon, Founder and Managing Partner of Social Leverage, highlighted the critical need for our solution, stating that Archive Intel addresses the long-overdue need for financial communications storage and compliance software that meets multi-channel communication needs and SEC regulations.

The financial services industry has faced significant challenges due to deficiencies in communication archiving tools, resulting in hefty fines imposed by regulators. Archive Intel’s platform, launched in mid-April, aims to tackle these compliance challenges by offering seamless, multi-channel communication archiving and analysis for financial services firms.

With the newly secured funding, we plan to enhance our AI capabilities, expand our communication connections, and reinforce our resources to support our growth trajectory. Our platform already supports various communication channels, including Outlook, Gmail, Twitter/X, Facebook, Zoom Phone SMS, Microsoft Teams, and RingCentral. We are also expanding our multi-channel footprint to include iMessage connectivity, allowing financial advisors to use this popular messaging tool while meeting regulatory standards.

We are thrilled to have Social Leverage onboard with our mission. This funding will enable us to further innovate and revolutionize communication archiving solutions for financial services firms.

Read the full article here: Archive Intel bags $1M to enhance wealth firm communication solutions

Stay tuned for more updates as we continue to innovate and lead the way in communication archiving and compliance solutions!

Everything you need for compliance, zero headaches