Greenboard Raises $15.5M in Series A Funding Led by Base10 Partners

The company plans to use the funding to expand its operations and continue developing its technology and products.

Along with the funding, the company is launching GreenboardGo, a conversational AI system built on top of a firm’s compliance records. It helps employees get instant answers, sends requests to the right compliance experts, and automatically prepares compliance tasks for human review and approval, reducing manual work in previously manual workflows.

For years, compliance work has relied on emails, spreadsheets, and manual follow-ups, but today’s AI-driven environment and regulatory expectations require more automated and reliable processes. GreenboardGo solves this by giving financial institutions real time, AI powered access to compliance, helping employees get instant answers, route questions to the right experts and automatically create tasks for review and approval. The goal is to make compliance faster, simpler, and accessible across the entire organization, not just within dedicated compliance teams.

One firm seeing this shift firsthand is Root Financial, a fast-growing U.S. RIA built on a high-volume, content-driven growth model. Since adopting Greenboard, Root has reduced manual work by an estimated 24 hours per week, especially in marketing reviews and other routine processes. Another rapidly growing RIA, JMG Financial, has also shared positive feedback on the platform's impact.

Greenboard is a unified compliance platform that replaces outdated tools used by financial institutions. It includes 17a-4 compliant communications archiving with AI-based supervision, configurable employee compliance tools, marketing compliance automation, and collaborative firm-wide compliance workflows designed for full oversight and diligence.

Rather than focusing only on individual use cases, Greenboard was built as a foundational system. On top of this, GreenboardGo serves as an AI-native layer that can act directly within the compliance framework. Because Greenboard already stores a firm’s records, policies, and workflows, GreenboardGo can execute actions based on the company’s actual compliance program, rather than relying on generic regulatory rules.

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Greenboard was built on the idea that compliance technology should not just document activity but actively help teams do the right thing and prove it. With GreenboardGo, compliance becomes a system of action where attestations are handled automatically, exam preparation is significantly faster, and much of the coordination work happens in the background. The funding will be used to expand GreenboardGo, continue product development, and scale go-to-market efforts.

Rexhi Dollaku, General Partner of Base10 Partners said, "We look for companies that automate real operational work, not just surface information. Greenboard fits that exactly, turning workflows that used to require constant coordination into structured, repeatable processes with clear ownership and auditability. We believe the opportunity to leverage Greenboard's long-horizon agents in financial services is huge.”

Ed Schembor, Co-founder & CTO of Greenboard, said, "Expert-in-the-loop isn’t a feature. It’s the architecture, pairing human precision with AI recall. The AI prepares reports, answers questions, and routes decisions but nothing is finalized without a compliance professional reviewing, and approving it. That’s how you get both efficiency, and control in a regulated industry.”

ABOUT GREENBOARD

Founded in 2023, by Dave Feldman and Ed Schembor, Greenboard was created to help financial institutions manage increasingly complex securities compliance. Instead of merely storing information like legacy systems, Greenboard enables firms to act on it through a single platform that supports employee compliance, communication oversight, marketing review, third party oversight and overall compliance operations. Today, more than 500 financial institutions use Greenboard, with over 99% customer retention.

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