Spring Labs in Marina Del Rey, Calif., raised $5 million in a funding round led by BankTech Ventures and Haymaker Ventures.
The fintech is building an agentic AI platform to help regulated financial institutions with compliance and operational workflows.
“Financial institutions are facing a structural challenge: compliance workloads are growing faster than teams can scale,” John Sun, Spring Labs’ co-founder and CEO, said in the release. “Spring Labs is building AI agents that help teams execute that work within customer-defined policies and workflows reliably, consistently, and under the control of compliance teams.”