HelmGuard Raises $7.3 Mn to Automate Risk and Compliance with AI Agents

The funding round was co-led by Infinity Ventures and Frontline. Other investors included FinTech Collective, Stage 2 Capital and Entrepreneurs First. The new funding will help HelmGuard expand its platform and grow its business.

John Daley, co-founder and CEO of HelmGuard, said, "Many existing compliance platforms were designed primarily to document processes rather than support operational decisions. He said the company's approach is intended to reduce the manual work involved in gathering and reviewing risk information: Our agents go to the source to collect and assess risk signals directly, abstracting away the manual data collection and assessment work that burns thousands of hours annually. This funding lets us bring that capability to far more teams and extend it to governing the AI agents being deployed on other workflows."

As AI systems evolve through model updates and access to new tools, their risk profiles can change, making periodic certifications less representative of how they currently operate. Jack Miller, co-founder and CTO of HelmGuard, said: "This creates a need for continuous assessment: The Verified Risk Network makes the unit of assurance a claim assessed directly by an agent, rather than a document and enables agent-to-agent exchange on a continuous basis."

HelmGuard was co-founded by John Daley, who is the CEO and a former Palantir executive and Jack Miller, who serves as the company’s CTO.

The company is building a platform that uses specialized AI agents to collect and assess risk information directly from a company’s systems.

The technology is designed for industries that have strict rules and regulations including financial services, insurance, healthcare and industrial companies.

Traditionally, risk and compliance teams use questionnaires, documents and manual checks to review risks such as third-party security. As companies work with more vendors and use more AI, HelmGuard aims to keep risk assessments updated and connect risks with the controls used to manage them.

The funding will help HelmGuard expand in the U.S. The company plans to establish a presence in New York and San Francisco alongside its London headquarters.

HelmGuard will also use the funding to grow its engineering and business teams and further develop its AI technology for managing and checking risks.

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