Bretton AI, formerly Greenlite AI, has raised $75 million in a Series B round and rebranded as it sharpens its focus on agentic AI systems for financial crime compliance.
The round was led by Sapphire Ventures, with participation from Greylock, Y Combinator, Thomson Reuters Ventures, Canvas Ventures and TIAA Ventures. The San Francisco-based company, founded in 2023, develops AI agents designed to operate inside existing banking systems to automate transaction monitoring, KYC and KYB reviews, anti-money laundering investigations and sanctions screening.
In a blog post announcing the funding, CEO and co-founder Will Lawrence framed financial crime as a primary deployment area for autonomous systems. “Financial crime work is high-volume, unstructured, and spans dozens of tools. This is why scaling compliance has historically meant hiring more people or outsourcing. It’s also why financial crime is the breakout use case for AI agents.”
Bretton AI said its agents can operate across compliance systems, complete investigations and generate documentation within existing governance frameworks. The company cited customer results including a $15 billion-plus institution reducing BPO spend by $5.35 million in the first year and an FDIC-regulated bank cutting loan origination times by 90 percent.
The company also emphasized its proprietary “Trust Infrastructure,” which it says includes model risk management, continuous evaluations and quality assurance controls intended to align deployments with regulatory expectations.