Tiller is a technology company.
Tiller has raised $2.4M across 2 funding rounds.
Key people at Tiller.
Tiller has raised $2.4M in total across 2 funding rounds.
Key people at Tiller.
Tiller Technologies is a Jersey-based fintech company specializing in digital solutions for regulated financial services businesses, such as banks, wealth managers, and financial advisors. It builds SaaS products like Verify by Tiller for automated customer onboarding, AML/KYC compliance, identity verification, PEP/sanctions checks, bank account validation, and data monitoring, solving pain points in complex, manual onboarding processes that cause friction and delays.[1][3][4] The Connect suite (part of WealthXcel) further enables modular wealth management tools for automated risk assessment, portfolio monitoring, and reporting, serving supervised entities needing compliant, scalable digital client journeys with strong growth via a partner ecosystem and frequent updates.[1][3]
Founded in 2019 and headquartered in St Helier, Jersey, Tiller Technologies was established by co-founders Jonathan Wauton (CEO) and Ian Cadby (Board Advisor), leveraging over 30 years of combined experience in capital markets, compliance, software engineering, and entrepreneurship.[1][4] Initially focused on bespoke solutions for financial services in stringent offshore regulatory environments, the company pivoted to scalable SaaS with the January 2023 launch of Verify by Tiller, a digital AML platform that expanded its reach to streamline onboarding for a broader range of regulated businesses.[4] Early traction came from industry expertise and awards, with testimonials highlighting efficiency gains in remediation projects, humanizing its role as a compliance partner amid rising digital demands.[4]
(Note: Distinct from unrelated entities like Tiller Systems (POS for restaurants, acquired by SumUp) or consumer finance Tiller (spreadsheet budgeting).[2][5][6])
Tiller rides the regulatory tech (RegTech) wave in fintech, addressing escalating AML/KYC demands amid global anti-money laundering pressures and digital transformation in wealth management.[1][3][4] Timing aligns with post-pandemic shifts to remote onboarding, where manual processes fail under scrutiny from regulators like those in Jersey's offshore hub, favoring automated, compliant tools that cut friction and enable scale.[1][4] Market forces—rising compliance costs, data privacy laws (e.g., GDPR equivalents), and fintech adoption by traditional finance—boost Tiller, influencing the ecosystem by powering banks/advisors' client portals and portfolio tools, fostering a partner network that accelerates industry-wide digitization.[3]
Tiller is poised for expansion as RegTech demand surges with AI-driven compliance and embedded finance trends, potentially deepening WealthXcel integrations for full-stack wealth platforms. Evolving regulations and hybrid work will amplify its modular edge, growing influence via ecosystem partnerships and offshore/global scaling—positioning it as a compliance enabler in fintech's regulated future, building on its award-winning foundation for regulated innovation.[3][4]
Tiller has raised $2.4M in total across 2 funding rounds.
Tiller's investors include Ada Ventures, Concept Ventures, Haatch, HV Capital, O'Shaughnessy Ventures, sequel, Soma Capital, Striking Markets, Desigan Chinniah, Johan Lorenzen, Mandeep Singh, Marcus Exall.
Tiller has raised $2.4M across 2 funding rounds. Most recently, it raised $430K Seed in January 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2024 | $430K Seed | Ada Ventures, Concept Ventures, Haatch, HV Capital, O'Shaughnessy Ventures, sequel, Soma Capital, Striking Markets, Desigan Chinniah, Johan Lorenzen, Mandeep Singh, Marcus Exall, Mik Attisani, Musaab Hakami, Omid Ashtari, Sarah Drinkwater | |
| Mar 1, 2016 | $2.0M Seed | #SecretFund |
