Cryptographic compliance startup CipherOwl has completed a $15 million seed round financing, led by General Catalyst and Flourish Ventures

ChainCatcher news, the cryptocurrency compliance startup CipherOwl, founded by former employees of Coinbase and Cruise, announced the completion of a $15 million seed round financing. This round was led by venture capital firms General Catalyst and Flourish Ventures, with participation from Coinbase Ventures and Enlight Capital.

CipherOwl focuses on providing cryptocurrency transaction monitoring software for banks and fintech companies, helping these institutions identify suspicious transactions and ensure compliance. The company was founded in 2024 by Leo Liang and Ming Jiang, who previously worked together at the autonomous vehicle startup Cruise and the cryptocurrency exchange Coinbase.