PassFort

PassFort is a turnkey compliance solution for onboarding customers in regulated markets.

PassFort is a turnkey compliance solution for onboarding customers in regulated markets.
FinTech
Visit website
http://passfort.com
Milestones
Series A with €4 million 2018 by OpenOcean Series B with $16.2 million in 2021 by Level Equity
Investment year
2018
Investment stage
Series A
Investment status
Exited
Deal team
Tom Henriksson
PassFort is a turnkey compliance solution for onboarding customers in regulated markets.

PassFort has developed a turnkey compliance platform designed to automate the collection, verification and secure storage of customer due diligence (CDD) data and documentation. The start-up was founded by Donald Gillies and Henry Irish with the mission to change the way compliance and trust were managed in regulated markets. Their software delivers a seamless onboarding experience for both customers and compliance teams that can be tailored to automate their Know Your Customer (KYC) processes.

News highlights

All news
9
min read

What we’ve learned from the front lines of AI-enabled services

Last November, we laid out a vision for AI-native services: businesses rebuilt from the ground up to combine the margins of software with the resilience and depth of services markets. Since then, we have taken dozens of first meetings, explored more than 15 verticals, backed our first deals, and sharpened our thesis along the way.
7
min read

Enterprise automation market industry update: automation after GenAI

At OpenOcean, we’ve long believed in automation software’s potential. It’s been a core theme in our investment focus for years, giving us early and continued exposure to exciting developments in the field.
7
min read

How to manage high-performance individuals in 2025

Back in 2007, we held a short presentation while working at MySQL about a type of person we called a "Super Gold-Collar Worker." These were highly skilled individuals in growth companies who had become essential to business operations.
Tom Henriksson
Tom Henriksson
General Partner
Tom Henriksson
Tom Henriksson
General Partner
FinTech
FinTech