Myriad Ai
Categories
Product Overview
Myriad Ai is a company that provides an AI-powered regulatory compliance platform designed to navigate the complex landscape of national and international regulations across heavily regulated industries. The platform continuously monitors a vast array of regulatory sources, including those from the EU, UK, and US jurisdictions, delivering real-time intelligence from tens of thousands of daily regulatory data points. This enables organizations to stay informed about regulatory changes and manage compliance more effectively. Myriad Ai's platform offers features such as horizon scanning, automated document review, and an AI-powered compliance assistant, all aimed at simplifying compliance processes and enhancing business outcomes. Founded in 2023 and headquartered in San Francisco, California, Myriad Ai has raised $9.75 million across two funding rounds from investors including Plug and Play Tech Center, BD Partners, and N1 Ventures. The company serves a diverse clientele, including banks, financial institutions, fintechs, investment and asset managers, crypto and blockchain companies, insurance providers, healthcare organizations, and compliance and advisory firms.
Features
- Continuous monitoring of hundreds of regulatory sources, including ESMA, EBA, ECB, FCA, SEC, FINRA, BaFin, EIOPA, and the EU AI Office, among others.
- Real-time identification and flagging of new regulatory events at the time of publication.
- Automated mapping of regulatory changes to internal documents, drafting specific updates required.
- Document review capabilities that allow users to upload internal policies, contracts, disclosures, or marketing materials to check them against one or more regulatory frameworks.
- Identification of compliance gaps, mapping them to specific regulatory obligations, and proposing remediation steps with traceability back to the source regulation.
- An AI-powered research and drafting assistant that draws on curated, continuously updated regulatory knowledge bases, with responses sourced and traceable to official regulatory texts.
- Maintenance of detailed, always-on activity logs that record compliance decisions and actions, supporting audit readiness across all interactions.
- Shared workflows supporting multi-user document review, flagging, and follow-up, with a centralized dashboard providing visibility into regulatory obligations, internal policies, and pending updates across the organization.
- Data security controls offering EU data residency options, zero data retention, and role-based access controls.
Company Details
- Headquarters
- 🇺🇸 San Francisco, United States
- Type
- Legal Tech Vendor