Themis, a leading provider of financial crime prevention solutions and services, announced today at Abu Dhabi Finance Week that it has successfully raised over £7.25 million in its Scale-Up Funding Round, surpassing its initial target of £3-5 million. The funding round will officially close on December 16, 2024.

Themis has emerged as a regional and global leader in financial crime prevention. This funding will further its mission to democratise due diligence across regulated and unregulated businesses by leveraging the latest advancements in artificial intelligence combined with years of in-depth financial crime expertise.

‍

This milestone follows a string of successes for Themis, including winning cornerstone contracts with key regulators, sovereign wealth funds and investment managers, securing a UK Innovation grant to advance its AI capabilities, launching Tathabbat - the first AML registered firm in Saudi Arabia, and enhancing data partnerships with global leaders such as Dow Jones and ADGM.

‍

“Surpassing our Scale-Up Funding target by such a significant margin demonstrates the strength of Themis’ vision and its relevance in today’s financial landscape.” - Dickon Johnstone, CEO of Themis

“We’ve worked hard to identify the right strategic partners to scale Themis and showcase its superior AI technology across the region. This funding positions us perfectly to accelerate innovation.” - Matthew Hurn, Chairman of Themis

“Exceeding our funding target reflects not only the confidence of our investors but also the strong financial fundamentals and scalability of our business. This additional capital provides us with the financial runway to strategically invest in key areas like AI innovation, market expansion, and operational efficiencies, ensuring long-term sustainable growth.” - Simon Samuel, CFO of Themis

‍

Themis continues to strengthen its presence in the region, aligning with regional initiatives to promote anti-financial crime risk management and business excellence. With plans to expand its AI-driven solutions, Themis is set to redefine the future of financial crime prevention.

About Themis

Themis is an award-winning digital financial crime platform bringing the latest cutting edge AI technology to help businesses automate and streamline their due diligence on clients, suppliers, 3rd parties, and investments. Themis is dedicated to pushing the boundaries of Financial Crime Management, with a mission to reduce the impact of financial crime. With a track record of successful innovation and a passion for excellence, Themis continues to shape the future of Governance, Risk, and Compliance.

‍