OneComply has completed its seed financing round led by Warner Investments with participation from gaming industry experts including Katie Lever, Benjie Cherniak, and Quintin Singleton.
Specific terms of the financing were not disclosed, but OneComply states it can now ‘solidify its position as the market and technology leader’ thanks to the financing.
OneComply offers purpose-built licensing automation and compliance management solutions for the global gaming and sports betting market, helping any firm meet necessary licensing and/or compliance requirements in the North American market.
Bill Warner of Warner Investments commented: “With the growth of gaming and sports betting in the US attracting new participants as well as driving new partnerships and alliances, licensing and compliance takes on a whole new level of complexity and importance.
“Managing this critical aspect of the business requires advanced, purpose-built solutions that are able to tie together all these disparate parts and break down the silos that can put a license in jeopardy. We are proud to be part of the OneComply story, to bring 21st-century intelligence, automation, and oversight to an area of gaming where it’s critically needed.”
Through its ‘One Platform for 360° Compliance Management’, OneComply streamlines and improves the entire licensing and operational compliance process, stepping away from the past ‘largely manual and highly siloed process’.
The firm’s platform delivers its clients ‘a centralized data portal, automated workflows, and visual dashboards that give an accurate and real-time overview of an organization’s health’.
“The expansion of gaming in the US has created a highly interrelated industry, where your license can be impacted by your partner’s or vendor’s non-compliance,” added Cameron Conn, Co-Founder and CEO of OneComply.
“Whether it’s key persons, licensed employees, the entity itself, or the critical systems and platforms a company utilizes, they all have an ongoing compliance component that needs to be effectively managed and monitored with well-defined responsibilities and accountability.
“OneComply has created a centralized portal to tie all these pieces together, giving our customers an easy way to manage all their licensing and compliance, plus providing a complete view of the health of their most important asset – their gaming license.”
In an interview with SBC Americas last month, Conn dived into the automation capabilities for gaming license application creation available via the OneComply platform.