Ondato raises $2 million in seed funding from Startup Wise Guys and OTB Ventures

Ondato, a Vilnius, Lithuania-founded developer of compliance software developer, announced that it raised a $2 million capital funding round.

The money was raised from investors including the Startup Wise Guys and OTB Ventures. At the same time, Ondato will move its HQ to London, the UK.

Ondato, founded in 2016 and led by CEO Liudas Kanapienis, provides remote customer identification and KYC services, combining security and compliance into one platform. The company works with 150 clients from 24 countries.