# Roe AI

> Roe AI builds agentic AI that investigates fraud, disputes, and anti-money-laundering (AML) cases end to end - reading documents, images, websites, and structured data to produce cited evidence and audit-ready dispositions. Founded in 2024 by ex-Snowflake and ex-Meta engineers and backed by Gradient Ventures and Y Combinator, the company started as an AI-powered data warehouse for querying unstructured data with SQL and sharpened into a financial-crime investigation platform used by teams at Affirm, eBay, and a Global Systemically Important Bank.

- **Founded:** 2024
- **Headquarters:** San Mateo, California, United States
- **Founders:** Richard Meng (Co-founder & CEO), Jason Wang (Co-founder & CTO)
- **Team size:** Approximately 9-25 employees
- **Products:** Fraud Investigation Agent, AML L1 Agent, Fraud Support Agent, Merchant Risk Agent, Fraud Trend Agent
- **Notable:** Raised $3.5M seed round led by Gradient Ventures (August 2024), Graduated from Y Combinator (Winter 2024 batch), Reports 86% day-one accuracy, 91% faster time-to-disposition, and 75% cost reduction vs. offshore operations

## Products & services

- **Fraud Investigation Agent** — Investigates fraud and dispute cases end to end, reasoning over structured data plus PDFs, images, websites, and recordings, and returning cited evidence with an audit-ready disposition.
- **AML L1 Agent** — Handles first-line anti-money-laundering reviews aligned to the customer's standard operating procedures, with immutable per-case audit logging.
- **Fraud Support Agent** — Drafts customer responses and manages appeals and dispute correspondence.
- **Merchant Risk Agent** — Assesses merchant compliance and onboarding risk for marketplaces and platforms.
- **Fraud Trend Agent** — Identifies emerging fraud patterns across case volume to flag new attack types.
- **Data Standardization Agent** — Normalizes and standardizes data across disparate systems so downstream agents can reason over it.
- **AI Data Warehouse (SQL over unstructured data)** — The company's original product: a multimodal data engine that lets data teams query documents, images, websites, and video with SQL plus natural language, connecting to S3, Snowflake, and Databricks.

## Achievements

- Raised $3.5M seed round led by Gradient Ventures (August 2024)
- Graduated from Y Combinator (Winter 2024 batch)
- Reports 86% day-one accuracy, 91% faster time-to-disposition, and 75% cost reduction vs. offshore operations
- Deployed inside Affirm, eBay, and a Global Systemically Important Bank
- Featured in Snowflake's startup spotlight for unlocking unstructured data with SQL

## Latest updates

- **2024-01** — Richard Meng leaves his role as Gen AI tech lead at Snowflake and founds Roe AI; company joins Y Combinator's W24 batch.
- **2024-08** — Announces $3.5M seed round led by Gradient Ventures to build an AI-powered data warehouse for unstructured data.
- **2025-01** — Sharpens focus onto financial services, repositioning as the agentic fraud and AML investigation platform with per-case audit trails.
- **2025-06** — Reports 2025 deployments with a median time-to-decision of about one week across fraud, dispute, and AML reviews.

## Links

- Website: https://roe-ai.com
- LinkedIn: https://www.linkedin.com/company/roe-ai
- Twitter/X: https://twitter.com/try_roe_ai
- YouTube: https://deepgram.com/learn/podcast/aiminds-034-richard-meng-ceo-co-founder-at-roe-ai

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Profile page: https://yespress.io/roe
Published by YesPress — https://yespress.io
Last updated: 2026-07-03