District financial intelligence and corporate transparency startup Sayari Labs Inc. has raised $40 million in new funding.
The local company said Tuesday the Series C round was led by Palo Alto, California’s Centana Growth Partners, with participation from existing local investors McLean’s Lavrock Ventures and Herndon’s SAP NS2; and other existing investors Arsenal Growth Equity of Winter Park, Florida; TFX Capital of Fort Mill, South Carolina; and MissionOG of Philadelphia.
Sayari, which helps big corporations and financial institutions identify risk factors for fraud and national security threats, said it plans to use the capital to continue an international expansion as the business looks to increase transparency in the global financial intelligence arena.
That includes flagship product Sayari Graph, which arms companies with tools to comply with regulations and insights about their customers, vendors, employees and other related players.
“The last two years have thrown into…
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