news | Forbes The Most Innovative Fintech Companies In 2019 February 4, 2019 | By Forbes Behavox COUNTRY/TERRITORY United States HEADQUARTERS New York, New York Charges banks and hedge funds an average of $500,000 for a system compliance officers can use to monitor traders for potential insider trading, market manipulation and even threats like the leak of proprietary data. Behavox’ AI algorithms screen email and chat data, while its voice biometrics can track phone calls on loud trading decks. Funding: $20 million from Index Ventures, Hoxton Ventures, Citigroup and others Latest valuation: $300 million Bona fides: Used by more than 40 companies, including some of Wall Street’s biggest banks, quantitative funds and buyout firms. Profitable and adding customers at a record pace, Behavox has 160 employees and revenues grew 130% in 2019 Founder & CEO: Erkin Adylov, 36, a Kyrgyzstan-born former Goldman analyst and hedge fund portfolio manager Share About Behavox Ltd. Behavox is a security software company that specializes in communication surveillance: As a market leader in the application of Artificial Intelligence to monitoring of text and voice communications, Behavox’s software protects companies and their employees from bad actors engaged in illegal and malicious activities. Compliance, surveillance, legal and SOC teams rely on Behavox software to reduce false positives and increase detection rate across a broad range of risks. There are many solutions to protect companies from outside risks; Behavox protects companies from inside risks. Founded in 2014, Behavox is headquartered in Montreal and has offices in New York City, London, Seattle, Singapore, and Tokyo. More information about the company is available at www.behavox.com. Press Contact: [email protected]
