Sigma360 Secures Oversubscribed $17.3 Million Series B Led by Moderne Ventures
New York, United States – March 10, 2026. New York-based Sigma360 announced an oversubscribed $17.3 million Series B funding round led by Moderne Ventures on March 10, 2026, with participation from Vocap Partners, Orrick, Contour Ventures, and Mosaik Partners. The funds will strengthen risk intelligence datasets, deepen AI automation, and expand presence among banks and fintechs. The platform protects over $2 trillion in assets and billions in monthly transactional value.
Announcement Specifics
The Series B round closed at $17.3 million, exceeding its initial target. Moderne Ventures led the investment, with strategic participation from law firm Orrick and venture capital firms Vocap Partners, Contour Ventures, and Mosaik Partners providing follow-on capital. Proceeds will enhance Sigma360’s proprietary datasets, expand AI capabilities for anti-money laundering (AML) and know-your-customer (KYC) solutions, and fuel global go-to-market expansion. The company’s platform currently safeguards over $2 trillion in assets across banking, payments, and fintech sectors.
Stakeholder Perspectives
“We live in an increasingly risk-on world, where financial crime is evolving faster than traditional approaches can keep up. To solve this, we’ve built the first full-stack platform that unifies risk data, intelligence, core technology, and AI – accelerating and strengthening decisioning across every level to help our clients manage risk, meet regulatory expectations and protect the integrity of the global financial system.”
— Stuart Jones, Jr., Founder at Sigma360
Why it matters: Jones, a former U.S. Treasury official with counterterrorism experience, positions Sigma360 as addressing systemic failures in legacy KYC infrastructure that enable financial crime.
“Sigma360 is redefining a $300 billion financial crime compliance industry by building trusted AI infrastructure for highly regulated markets… Sigma360 will drive faster onboarding, lower compliance headcount and create stronger risk controls.”
— Liza Benson, Partner at Moderne Ventures
Why it matters: The investor perspective highlights potential cost reduction and operational efficiency gains in enforcement-heavy financial sectors facing escalating regulatory scrutiny.
Industry Context
Financial crime continues to outpace traditional screening methods, creating urgency for AI-driven solutions that unify fragmented data sources and automate compliance workflows. Sigma360’s platform addresses a $300 billion compliance industry serving banks, payment processors, and fintechs globally. While U.S.-headquartered, the company’s solutions hold relevance for MENA markets navigating Financial Action Task Force (FATF) compliance pressures, particularly in the UAE. CEO Jones has engaged in US-MENA Private Sector Dialogue initiatives addressing regional financial crime prevention.
Conclusion
This funding positions Sigma360 to accelerate product development in enterprise risk solutions, potentially reducing compliance operational costs while fortifying the global financial system against evolving financial crime threats. The company plans immediate deployment of capital toward dataset expansion and AI automation enhancements.
Sources: PYMNTS, PR Newswire, Sigma360, UAB Online
