New York, United States
Merlon, founded in 2016 and headquartered in the United States, is innovating in the Finance and Banking industries with its AI-driven solution for adverse media screening. Their technology enables analysts to monitor global news and identify high-risk individuals and businesses with remarkable speed and accuracy.
What sets Merlon apart is its capability to allow analysts to work at a risk level instead of an article level. This transforms risk assessment by synthesizing multiple sources into AI-generated Risk Findings, streamlining the resolution process without duplication of efforts. This hyperautomation significantly reduces alert volume while integrating seamlessly into current workflows, ensuring teams focus purely on decision-making rather than tedious data accumulation.
In May 2017, Merlon secured a $7.65M Seed Round investment with support from investors such as Work-Bench, DCVC, Promus Ventures, Fenway Summer Ventures, and NYCA Partners. Their accessible free trial offers potential users an entry point to rapidly deploy this solution for monitoring their clients' global news exposure.
