LiveOak Ventures Leads Undisclosed Round Into RiskScout's Financial-Crime Platform

RiskScout, an Austin-based financial-crime technology company, has closed a new funding round led by LiveOak Ventures, the company announced on September 28, 2026. Castle Creek Launchpad, the Bankers Helping Bankers Fund, Alloy Labs, Brue2, and C3 Ventures also participated. The company did not disclose the amount, valuation, ownership terms, security type, or a formal round series.

RiskScout sells a platform that combines fraud prevention and Bank Secrecy Act/anti-money-laundering compliance work in one system, covering alert investigation, customer risk profiling, transaction monitoring, enhanced due diligence, document collection, case work, and preparation of Suspicious Activity Reports and Currency Transaction Reports. The pitch rests on a structural problem: fraud teams chase suspicious behavior and immediate losses while BSA/AML teams own customer risk, monitoring, investigations, and regulatory filings, even though the customer, account, transaction, and evidence are the same. RiskScout's thesis is that institutions should not have to reconstruct one financial-crime story across disconnected systems.

The company says revenue more than tripled and the number of institutions it serves grew by over 250% during the past year — company-reported figures without disclosed absolute totals. It says its customers now range from community institutions with under $100M in assets to organizations managing more than $10B.

The capital is earmarked to expand the team, intelligent automation and AI-driven agents, integrations with core banking providers and other partners, and reach across banks and credit unions. LiveOak Ventures Partner Mike Marcantonio framed the investment as a bet on domain-rich founders working against one of the costliest problems facing financial institutions.

The investor list carries distribution logic beyond capital. Castle Creek Launchpad is backed by community-bank limited partners; the Bankers Helping Bankers Fund invests in technology meant to improve community-bank competitiveness and operations; and Alloy Labs works within a network of banks testing and adopting financial technology. Selling into regulated institutions requires clearing security review, data integration, model and rule validation, implementation planning, and examiner expectations — hurdles where informed investors can help open doors and pressure a company to do the unglamorous work.

RiskScout already has an implementation test underway through Data Center Inc., which named it preferred BSA/AML and fraud provider in November 2025 as DCI prepared to retire BSA Navigator on December 31, 2026. DCI said the two companies had worked together for more than three years. The Independent Community Bankers of America also lists RiskScout on its BSA/AML solutions page.