communications-supervision
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Red Oak’s $51 Million Bet: Turn Compliance’s Biggest Bottleneck Into a Growth Engine
Red Oak started by untangling one miserable workflow: the review of financial marketing. A $51 million investment and three strategic combinations later, it is trying to govern the whole journey from first draft to permanent record.
Greenboard
Greenboard is a New York-based regtech company building an AI-native compliance platform for SEC- and FINRA-regulated financial firms. Founded in 2023 by Dave Feldman and Ed Schembor, the company consolidates communications archiving, employee and firm compliance, marketing review, vendor diligence and books-and-records into a single system, with an 'expert-in-the-loop' AI layer called GreenboardGo. Backed by Base10 Partners, Y Combinator and General Catalyst, Greenboard has raised $20M total and serves more than 500 financial institutions.