Summary
Kobalt Labs builds AI-powered risk and compliance automation for banks and fintechs. Founded by Kalyani Ramadurgam and Ashi Agrawal, who previously worked at Apple, Affirm, Nuna, and Meta, they help financial institutions automate third-party vendor diligence. Their reasoning engine ingests internal policies, legal commitments, past assessments, and external legislation to auto-surface and track risks from contracts and documentation. They help banks scale partnership volume and fintechs conduct partner diligence in 1/10 the time without increasing headcount.