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Investment June 18, 2021

K1’s Latest Investment – Our Partnership with ComplySci

It's official: K1 is excited to make a $120 million growth investment in ComplySci, one of the top providers of tech-empowered employee compliance solutions for financial services enterprises.
K1’s Latest Investment – Our Partnership with ComplySci

Written by Roy Liao, Senior Vice President at K1

It’s official: K1 is excited to make a $120 million growth investment in ComplySci, one of the top providers of tech-empowered employee compliance solutions for financial services enterprises.

ComplySci has a commanding leadership position in a fintech segment where proven solutions from experienced providers are always in demand — regardless of market, economic or industry cycles.

Our investment will fuel the company’s plans to expand its compliance offerings, including its industry leading Conflict Checking products and Compliance Control Room. We will also be supporting ComplySci’s plans to develop new automated workflows, as well as new compliance monitoring solutions in areas such as cryptocurrency.

Amy Kadomatsu, CEO of ComplySci, and her leadership team have just delivered record financial results for the first quarter of this year, representing a new high-water mark for an already rapidly growing firm.

We’re thrilled to join forces with the ComplySci team and provide the resources, expansion guidance and strategic relationships for the company to reach new peaks of success. We look forward to leveraging our extensive experience in helping to grow some of the largest and most successful financial services regtech companies in the world in supporting ComplySci’s vision!

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Certain statements about K1 Investment Management LLC (“K1”) made by portfolio company executives herein are intended to illustrate K1's business relationship with such persons, including with respect to K1's facilities as a business partner, rather than K1's capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in K1-sponsored vehicles. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein. For K1, “carbon neutral” means that any greenhouse gas (GHG) emissions derived from a defined scope of K1’s activities are balanced by an equivalent amount removed, including through our purchase of carbon credits. In this report, our “carbon neutral” status is based on our GHG emissions footprint calculated in accordance with the GHG Protocol as of December 31st, 2023 (comprising Scope 2 Electricity and Gas usage and certain Scope 3 categories: Business Travel and Employee Commuting), amounting to an estimated 3,497 metric tons CO2e. K1 then purchased and applied carbon credits in 2024, amounting to an estimated 6,994 metric tons of CO2e. We engaged a third party to assist with the calculation of K1’s estimated GHG emissions for 2023, but we did not obtain independent, third-party verification of our “carbon neutral” status. To address our 2023 emissions, we contributed to the Conservación y Captura de Carbono / Conservation and Carbon Capture (CO2LTZINGO) reforestation carbon removal project in Coltzingo, Mexico (CAR 1464). This project was certified by the Climate Action Reserve (CAR), using the Protocolo Forestal para México (PFM) Versión 1.5 / Mexico Forest Protocol Version 1.5 and the Guía de Cuantificación de Acervos de Carbono y Monitoreo del Proyecto Versión 1.5 / Project Monitoring and Carbon Stock Quantification Guidance Version 1.5 with a validation date of January 15th, 2019.

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