Amsterdam-based startup Supplied AI has raised €1.6 million in seed funding to accelerate development of its AI-powered compliance infrastructure for digital platforms. The round was led by Rethink Ventures and Volve Capital, with participation from Volta Ventures, EWOR, Newschool.VC, and angel investors including Christoph Morbee, Michiel Goris, Constantine Gerasimovich, and Ardan Bousche (ClickPatrol).
Founded in 2024 by Johann Rozario, Supplied AI is addressing a critical challenge faced by platforms: streamlining onboarding, KYC, AML, and regulatory reporting under evolving frameworks like DAC7, DAC8, and CSRD. The company already supports over 50 European clients and is backed by senior advisors from firms such as Bolt, Booking.com, PayPal, Sixt, Deliveroo, SumUp, and PwC.
With plans to double its team by the end of 2025, Supplied AI will use the new capital to grow its engineering and customer success functions and to deepen integration with ERP and CRM platforms including SAP, Salesforce, and Stripe. The company offers both API and no-code solutions to unify compliance tasks across jurisdictions, aiming to do for regulatory infrastructure what Stripe did for payments.
Featured image: Credit: Supplied AI