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Sedric monitors the communications of employees at financial institutions to ensure compliance

TechCrunch
Summary
Nutrition label

91% Informative

Sedric is an AI-powered platform designed to help financial institutions implement compliance rules and flag possible issues.

The company's AI acts as an overseer of sorts, monitoring a workforce's outbound and inbound calls, chats, emails, social media DMs, and instant messages.

It attempts to flag compliance problems (e.g. omitted disclosures, missed steps, and misconduct) as they happen; Sedric can automatically "mitigate" issues.

Foundation Capital led an $18.5 million Series A investment in Sedric .

The new cash will be put toward growing the firm's go-to-market and R&D teams in NYC and Tel Aviv .

Sedric plans to double its headcount in the next 12 months .

VR Score

93

Informative language

93

Neutral language

69

Article tone

semi-formal

Language

English

Language complexity

70

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links