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Abstract Raises $4.8 Million for AI-Powered Regulatory Risk Management Platform

  • Abstract, an AI-powered regulatory risk management platform, has raised $4.8 million in seed funding.
  • The funding will be used to enhance the platform's ability to analyze and derive insights from various data sources like draft legislation, public comments, and regulatory discussions.
  • Abstract's platform provides tailored insights into 'risks' and 'opportunities' for businesses, allowing them to proactively respond to proposed bills and regulatory changes.
  • The platform pulls real-time information from government bodies, social media, and news channels to flag relevant developments and provide trends seen across jurisdictions.

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