Harmoney Raises €10M To Expand AI-Driven Risk Management Platform

Founded in 2016, Harmoney will use the funding to expand its international growth, strengthen client support, and accelerate AI-driven innovation in counterparty risk management.

The company provides a modular platform that helps financial institutions and regulated enterprises manage complex onboarding, compliance, and risk workflows across the full client and third-party lifecycle.

Its system supports processes such as KYC, AML, MiFID, PEP, UBO, DORA, ESG, and third-party risk management across multiple jurisdictions.

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Harmoney highlights a shifting European regulatory landscape, including the upcoming EU AML Regulation (AMLR) in 2027, the operational European Anti-Money Laundering Authority (AMLA), and the enforceable Digital Operational Resilience Act (DORA), all driving more unified and continuous compliance requirements.

The company serves over 70 financial institutions across seven countries and monitors millions of counterparties daily positioning itself for growth as compliance moves toward fully integrated, lifecycle-based risk management.

Thomas Van Maele, co-founder and CEO of Harmoney, commented, “We founded Harmoney to take the burden out of compliance and risk management processes, so that our clients can focus on what truly matters: building trusted relationships with their customers and counterparties.

“As Counterparty Risk Management continues to evolve beyond traditional KYC and AML processes, we are realising the unique opportunity to further scale our platform internationally. Hence, we are excited to bring Smile Sail on board as our new investor on this growth journey as they bring entrepreneurial DNA, deep sector expertise and proven track record of scaling B2B software companies internationally.”