# Cape.ai

> Cape.ai (formerly Cape Privacy) is a New York-based enterprise AI company building an agentic automation platform purpose-built for financial services. Founded in 2018 by Che Wijesinghe and Gavin Uhma, Cape lets banks, asset managers and insurers automate document-heavy back-office work - enhanced due diligence, SOC-report and third-party risk analysis, KYC/AML onboarding and regulatory reporting - using AI agents that are fully cited, auditable and deployable on-premise or in a private cloud so sensitive data never leaves the customer's environment.

- **Founded:** 2018
- **Headquarters:** New York, United States
- **Founders:** Che Wijesinghe (Co-Founder & CEO), Gavin Uhma (Co-Founder & CTO)
- **Team size:** ~17 employees
- **Products:** Cape Agentic AI Platform, Cape Agents, Compliance & Risk Automation, Cape Privacy (legacy)
- **Notable:** Raised $20M Series A in 2021 led by Evolution Equity Partners with Tiger Global participating; ~$27M total funding., Successfully pivoted from encrypted machine learning (Cape Privacy) to agentic AI for financial services., Built AI agents with fully cited, auditable outputs and on-premise/private-cloud deployment for regulated finance.

## Products & services

- **Cape Agentic AI Platform** — An agentic AI platform for financial institutions that automates business-process operations across structured and unstructured data. Agents are adaptive, explainable and governance-ready, with fully cited outputs, complete data lineage and auditability, deployable on-premise or in a private cloud.
- **Cape Agents** — Users describe a process they want to automate - in natural language, by uploading a document, or even a video - and Cape auto-generates a draft agent/workflow to run it, blending agentic reasoning with deterministic automation.
- **Compliance & Risk Automation** — Automates enhanced due diligence (EDD), third-party risk management (TPRM) via SOC report analysis, KYC/AML onboarding, suspicious activity (SAR) and currency transaction (CTR) report analysis, and regulatory reporting.
- **Cape Privacy (legacy)** — The company's original product: an encrypted-learning platform enabling secure collaboration on machine-learning models while keeping sensitive data encrypted throughout development. Later evolved into private-LLM and guardrail tooling before the pivot to agentic AI.

## Achievements

- Raised $20M Series A in 2021 led by Evolution Equity Partners with Tiger Global participating; ~$27M total funding.
- Successfully pivoted from encrypted machine learning (Cape Privacy) to agentic AI for financial services.
- Built AI agents with fully cited, auditable outputs and on-premise/private-cloud deployment for regulated finance.
- Founding team includes GoInstant alumni (acquired by Salesforce, 2013).

## Latest updates

- **2024** — Repositioned as Cape.ai with an agentic AI platform for financial-services business-process operations, launching Cape Agents and compliance/risk automation use cases.
- **2021-04** — Announced $20M Series A led by Evolution Equity Partners with Tiger Global, Ridgeline Partners and existing investors.

## Links

- Website: https://cape.ai
- LinkedIn: https://www.linkedin.com/company/capeai
- Twitter/X: https://twitter.com/capeprivacy

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Profile page: https://yespress.io/cape-ai
Published by YesPress — https://yespress.io
Last updated: 2026-07-22
