What is WorldWatch Plus?
WorldWatch Plus is a provider of comprehensive background screening and due diligence services. The company specializes in global sanctions, Politically Exposed Persons (PEP), adverse media, and identity verification, catering to financial institutions, corporate clients, and due diligence firms. By leveraging data from thousands of agencies, WorldWatch Plus delivers rapid verification, effectively eliminating false positives to streamline hiring and customer due diligence processes. The company has garnered industry recognition, including multiple appearances on the Inc. 5000 list, accolades as a Top 10 KYC Solution Provider by Banking CIO Outlook, and recognition as a Top 10 Innovative Company in Georgia. It is also featured on the NICE Actimize X-Sight financial crime management marketplace.
How much funding has WorldWatch Plus raised?
WorldWatch Plus has raised a total of $3M across 2 funding rounds:
Series A
$2.9M
Debt
$150K
Series A (2020): $2.9M with participation from Naples Technology Ventures LLC
Debt (2020): $150K led by PPP
Key Investors in WorldWatch Plus
Naples Technology Ventures LLC
Naples Technology Ventures LLC is an investor that participated in the Series A funding round, indicating a focus on technology-driven companies.
PPP
Public-Private Partnership
What's next for WorldWatch Plus?
The recent major strategic investment positions WorldWatch Plus for accelerated growth and enhanced market penetration. This capital infusion is likely to fuel further development of its advanced screening technologies and expansion of its global data reach. The company's focus on eliminating false positives and speeding up critical verification processes aligns with increasing regulatory demands and the need for efficient compliance solutions in the financial and corporate sectors. Future endeavors may include strategic partnerships and the integration of new data sources to maintain its competitive edge in the rapidly evolving RegTech landscape.
See full WorldWatch Plus company page
