Hadrius, a NYC-based SEC compliance company, raised $2M in seed funding to automate SEC compliance for RIAs and broker-dealers using AI. The round was led by Y Combinator, Lynett Capital, Singularity Capital, Dorm Room Fund, Unpopular Ventures, and the founders of Arrived, SmartAsset, and FutureAdvisor.
The company will use the funds to develop its platform and expand its team. Hadrius was founded in 2023 by Thomas Stewart, Som Mohapatra, and Allen Calderwood. The company's platform uses AI to automate SEC compliance tasks, such as communications review, marketing review, archiving, and trade monitoring. The founders previously founded and scaled SEC-registered robo-advisor Quantbase.
