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February 28, 2025•3 min

Cardamon is funded by Y-Combinator

Cardamon joins the ranks of YC-backed companies, continuing our mission to build smarter compliance with global support.

Cardamon (YC W25) enables regulated financial firms to launch products, enter new markets, and stay compliant 10X faster by automating regulatory compliance with AI.

Today, compliance teams spend 100s of hours per person per year sifting through 1000s of pages of regulation, which they need to understand, review, and transpose into product requirements, controls, and policies.

Founders Areg Nzsdejan and Dmytro Astakhov experienced this pain firsthand during their 4 years in Product at Revolut. They had products ready to launch but found themselves stuck in compliance limbo, often for weeks. It turns out that getting compliant can take as long as building the product itself.

That’s why they’ve built Cardamon - an AI-powered platform that ingests relevant regulations and understands what applies to each regulated firm. It gets compliance teams from regulation to obligations to product requirements in minutes - not months.

Cardamon is already transforming how compliance teams work. It covers regulations globally with teams using it to cut as much as 95% of manual regulatory compliance tasks - and finally reaching the speed needed to keep up with product innovation.

Get started with Cardamon today!

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