Harmoney has secured a €10 million strategic minority investment from Smile Sail, an evergreen private equity fund focused on European software and AI companies.
The funding will support Harmoney’s next phase of international growth and the expansion of its orchestration capabilities across the broader counterparty risk management market. The company provides a modular software platform used by financial institutions and regulated enterprises to manage onboarding, compliance and risk workflows across the full client and third-party lifecycle.
Its platform supports processes including KYC, AML, MiFID, PEP, UBO, DORA, ESG and third-party risk management, reflecting growing demand for more integrated compliance infrastructure as regulatory requirements become more complex.
Harmoney said it plans to use the capital to deepen work with existing clients, scale its international go-to-market organization and invest further in AI-driven product development for counterparty risk management.
The funding will support Harmoney’s next phase of international growth and the expansion of its orchestration capabilities across the broader counterparty risk management market. The company provides a modular software platform used by financial institutions and regulated enterprises to manage onboarding, compliance and risk workflows across the full client and third-party lifecycle.
Its platform supports processes including KYC, AML, MiFID, PEP, UBO, DORA, ESG and third-party risk management, reflecting growing demand for more integrated compliance infrastructure as regulatory requirements become more complex.
Harmoney said it plans to use the capital to deepen work with existing clients, scale its international go-to-market organization and invest further in AI-driven product development for counterparty risk management.