About
Compliance is one of the largest opportunities hiding in plain sight.
There are 500,000+ compliance officers in the U.S. representing more than $40B in annual labor spend. Companies spend billions more on software, consultants, audits, and outsourcing. And yet the work still runs through scattered systems, spreadsheets, email threads, portals, and manual follow-up.
We think the market has gotten it wrong when it comes to the solution.
The next generation of compliance software won't be another dashboard that flags problems and leaves humans to clean them up. And it won't be an autonomous agent that tries to completely remove humans from the mix. It will be a new type of system that connects the data, understands the requirements, prepares the work, and helps teams take action.
Clusia is building the operating layer for fintechs and sponsor banks to unify fragmented data, monitor compliance obligations against that data, and run the workflows required when obligations need action — complaint reporting, audit workflows, license management, subpoena/RFI responses, partner evidence requests, and more.
Clusia is led by Reed Switzer, founder of Hopscotch, a B2B payments startup acquired by Avalara / Vista Equity Partners, and Nolan Hendrickson, who previously led engineering teams within Microsoft's Defender organization.