Realaml is a Business to Business (B2B), Software as a Service (SaaS) business that sells remote onboarding software with specialist, best in class biometric and anti-fraud tools (can detect fraudulent identification documents that incumbents cannot). Instead of trying to go head-to-head with billion-dollar AML/CFT providers, the company takes an agile, high margin, tech first approach to help incumbents deliver their service better by providing the underlying fraud detection infrastructure. Previously the company focused on retail customers (i.e. lawyers and accountants) but after building out its product suite, it has shifted focus to enterprise (>10x deal size). The business multibillion dollar total addressable market, is already profitable, has almost no customer churn and appears well poised for exponential growth.

Enterprise Angels has been working with co-founders Jordan McCown and Gowtham Selvaraj for close a year and has been incredibly impressed with their complementary and relevant skillsets, diligence, and commitment to the business.

Realaml is part of the EA Fund 4 investment portfolio.

Read investor notes.