# Arva AI

> Arva AI builds enterprise-grade AI agents that do the manual grunt work of financial crime compliance - screening, KYB/KYC onboarding, and transaction monitoring - for regulated banks and fintechs. Its agents autonomously resolve the majority of alerts and reviews (roughly 91% of screening alerts, 87% of KYB/KYC assessments, and 86% of transaction-monitoring alerts), cutting onboarding times from days to seconds and compliance operations spend by up to 80%. Founded in 2024 by Rhim Shah and Oli Wales and part of Y Combinator's Summer 2024 batch, the New York-based company raised a $3M seed round led by Google's Gradient Ventures in January 2025.

- **Founded:** 2024
- **Headquarters:** New York, United States
- **Founders:** Rhim Shah (Co-Founder & CEO), Oli Wales (Co-Founder & CTO)
- **Team size:** ~15-20 employees
- **Products:** Screening AI, KYB/KYC AI, Transaction Monitoring AI, Agent Lab
- **Notable:** Raised $3M seed led by Google's Gradient Ventures (Jan 2025), Accepted into Y Combinator's Summer 2024 batch, AI agents autonomously resolve ~91% of screening alerts, ~87% of KYB/KYC assessments and ~86% of transaction-monitoring alerts

## Products & services

- **Screening AI** — AI agents that autonomously resolve roughly 91% of screening alerts across sanctions, adverse media and PEPs.
- **KYB/KYC AI** — Automates customer due diligence (CDD) and enhanced due diligence (EDD) assessments using deep web analysis, resolving about 87% of cases and cutting onboarding reviews to seconds.
- **Transaction Monitoring AI** — AI agents that triage and resolve roughly 86% of AML transaction-monitoring alerts.
- **Agent Lab** — A research and control platform for financial institutions to build, deploy and monitor Arva's AI agents with oversight and audit trails.

## Achievements

- Raised $3M seed led by Google's Gradient Ventures (Jan 2025)
- Accepted into Y Combinator's Summer 2024 batch
- AI agents autonomously resolve ~91% of screening alerts, ~87% of KYB/KYC assessments and ~86% of transaction-monitoring alerts
- Processes millions of compliance reviews each month for institutions across the US, UK and Canada
- Partnered with FairPlay to advance compliant agentic AI in financial services

## Latest updates

- **2025-01** — Closed a $3M seed round led by Gradient Ventures, with Y Combinator, Amino Capital and Olive Tree Capital participating.
- **2024-08** — Launched via Y Combinator (S24) with AI agents for instant global KYB onboarding.
- **2025-09** — Announced partnership with FairPlay to advance powerful and compliant agentic AI in financial services.

## Links

- Website: https://arva.ai
- LinkedIn: https://www.linkedin.com/company/arva-ai/
- Twitter/X: https://x.com/arva_ai

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Profile page: https://yespress.io/arva-ai
Published by YesPress — https://yespress.io
Last updated: 2026-07-07