ARMAI
ARMAI is a Charlotte-based SaaS company that sells an AI-powered Intelligent Review Engines platform to banks, credit unions, fintechs, and healthcare organizations, performing evidence analysis on policies, contracts, SOC reports, vendor files, and regulatory updates to produce audit-ready and exam-ready documentation.
- Company typePrivate
- Founded2024
- HeadquartersCharlotte, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What ARMAI does
ARMAI Technologies, Inc. is a Charlotte, North Carolina-based SaaS company founded in 2024 that sells an AI-powered 'Agentic Risk Intelligence' platform called Intelligent Review Engines™ to regulated organizations, principally banks, credit unions, fintechs, and healthcare entities such as health plans, providers, and First-tier, Downstream, and Related entities (FDRs). The platform ingests policies, contracts, SOC reports, regulatory updates, vendor files, and audit evidence, then runs specialized review engines through a six-step workflow — Analyze, Extract, Map, Score, Identify, Document — to produce audit-ready reports, exam-ready packages, risk assessments, gap analyses, controls testing results, board reporting, and corrective action plans aligned to OCC, FDIC, FFIEC, NCUA, CMS, HIPAA, and HITECH frameworks. The product is positioned as performing evidence analysis work itself, in contrast with traditional GRC tools that only manage workflows around risk, and is offered across eleven modular use cases including Third Party Risk Management, Enterprise Risk Management, Vendor Due Diligence, Fintech Readiness, Continuous Monitoring, Controls Testing, Regulatory Change Management, Delegated Oversight, Business Associate Reviews, CMS Audit Readiness, and Exam Readiness.
The company distributes through direct enterprise field sales with a consultative demo-driven motion and a 'Start With One Review' low-friction entry point; pricing is quote-based and not publicly disclosed, with billing on annual subscriptions supplemented by implementation and onboarding professional services. As of the source data, ARMAI reports 1–10 employees, a single announced production banking relationship with First Federal Bank of Kansas City (March 2026), and a strategic Circle Alliance Program partnership, with cumulative disclosed funding of approximately $650,000 across a March 2025 RevTech Labs Capital-led round and an April 2026 round. The founders are former Bank of America and community-banking executive Sandip Bhatlawande and banking product and governance leader George Hodges, supported by advisors including a former Convey Health Solutions CISO and financial-services board leaders.
ARMAI firmographics
Firmographics- Name
- ARMAI
- Legal name
- ARMAI Technologies, Inc
- Website
- https://armai.ai
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- ARMAI is a Charlotte-based SaaS company that sells an AI-powered Intelligent Review Engines platform to banks, credit unions, fintechs, and healthcare organizations, performing evidence analysis on policies, contracts, SOC reports, vendor files, and regulatory updates to produce audit-ready and exam-ready documentation.
- Ownership category
- akta.pro rank
ARMAI industry classification
Industry- Product category
- Risk Intelligence and Regulatory Compliance Software (RegTech)
- NAICS
- Other Computer Related Services (541519), Computer Systems Design and Related Services (54151)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- AI Governance, Risk & Compliance (GRC) Platforms (HDAAAMAA)
- akta.pro secondary industries
- Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE), Compliance Technology, GRC Platforms & Controls Automation Advisory (BPAHAFAO), Model Risk Management & AI Governance (validation, monitoring, explainability) (FSAGAFAL)
Keywords
Where ARMAI is headquartered
LocationHeadquarters
- HQ city
- Charlotte
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
ARMAI business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Platform Subscription: AI-powered risk intelligence platform subscription for regulated industries, likely sold on a per-seat or organization basis with annual or multi-year contracts. Includes access to Intelligent Review Engines and evidence analysis capabilities.
- Professional Services: Implementation, onboarding, and consulting services to support organizations in deploying ARMAI's evidence analysis capabilities. Implied by 'Start With One Review' offering and demo-driven sales motion.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise platform subscription with customizable review engine configurations |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
ARMAI product offering
Product offeringCore offering
ARMAI sells the Intelligent Review Engines™ platform — a SaaS AI-powered Agentic Risk Intelligence system that ingests policies, contracts, SOC reports, regulatory updates, vendor files, and audit evidence, then performs evidence analysis through a six-step workflow (Analyze, Extract, Map, Score, Identify, Document) to produce audit-ready reports, exam-ready packages, risk assessments, gap analyses, controls testing results, board reporting, and corrective action plans. The platform is purpose-built for regulated industries including banks, credit unions, fintechs, broker/dealers, health plans, providers, and FDRs, and is configured for use cases spanning third-party risk management, enterprise risk management, vendor due diligence, fintech readiness, continuous monitoring, controls testing, regulatory change management, delegated oversight, business associate reviews, and exam readiness.
Product overview
ARMAI offers the Intelligent Review Engines platform — an AI-powered agentic risk intelligence system designed for regulated industries (financial services and healthcare). The platform performs evidence analysis work rather than merely tracking it, transforming raw documentation into risk decisions and audit-ready outputs. The platform ingests diverse inputs (policies, contracts, SOC reports, regulatory updates, vendor files, audit evidence) and produces structured outputs through six analysis steps (Analyze, Extract, Map, Score, Identify, Document). ARMAI supports multiple specialized review engines for distinct use cases including Third Party Risk Management, Enterprise Risk Management, Vendor Due Diligence, Fintech Readiness, Continuous Monitoring, Controls Testing, Regulatory Change Management, Delegated Oversight, Business Associate Reviews, CMS Audit Readiness, and Exam Readiness — all configurable for financial services (banks, fintechs, credit unions) and healthcare (health plans, providers, FDRs) regulatory environments.
Differentiator
Problem solved
Functional benefit
Products and services
- Intelligent Review Engines Platform AI-powered Agentic Risk Intelligence SaaS platform that ingests policies, contracts, SOC reports, regulatory updates, vendor files, and audit evidence and transforms them into evidence-backed risk intelligence through a six-step Analyze-Extract-Map-Score-Identify-Document workflow. Configured for regulated industries (financial services and healthcare) and supports specialized review engines for Third Party Risk Management, Enterprise Risk Management, Vendor Due Diligence, Fintech Readiness, Continuous Monitoring, Controls Testing, Regulatory Change Management, Delegated Oversight, Business Associate Reviews, CMS Audit Readiness, and Exam Readiness. Outputs include audit-ready reports, exam-ready packages, risk assessments, gap analyses, controls testing results, board reporting, and corrective action plans aligned to OCC, FDIC, FFIEC, NCUA, CMS, HIPAA, HITECH, and OIG frameworks.
Quantifiable outcome
- Up to 80% reduction in manual review effort
- +1 more outcomes
Companies that use ARMAI
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
ARMAI technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature3 records
ARMAI partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- First Federal Bank of Kansas CitycoreStrategic relationship announced March 2026 to modernize third-party risk management, embedded finance oversight, and enterprise risk management. First Federal Bank of Kansas City will leverage ARMAI's Intelligent Review Engines platform to automate vendor due diligence, implement real-time risk scoring, continuously monitor fintech programs, and generate audit-ready documentation aligned with FFIEC, FDIC, and OCC regulatory guidance. This is a production banking relationship validating ARMAI in a live regulated environment.
- Circle AlliancecoreStrategic partnership through the Circle Alliance Program extending Agentic Risk Intelligence across the banking and fintech partner ecosystem. ARMAI is a member of the Circle Alliance Program, collaborating to advance modern risk intelligence across the banking and fintech ecosystem.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
ARMAI competitors and assessment
Company assessmentDirect peers
- Vanta: Vanta automates security and compliance workflows (SOC 2, ISO 27001, HIPAA) using AI-driven evidence collection — comparable to ARMAI in automated SOC report analysis and continuous controls monitoring, though more SMB-focused.
- AuditBoard: AuditBoard provides a connected risk platform for audit, SOX, compliance, and IT risk management. It is a direct competitor to ARMAI in delivering audit-ready, controls-tested outputs to banks, fintechs, and healthcare organizations.
- LogicGate: LogicGate offers an AI-enabled GRC and risk management platform for enterprise risk, third-party risk, and compliance workflows — directly overlapping with ARMAI's Intelligent Review Engines in automating evidence analysis for regulated industries.
- Hyperproof: Hyperproof is a SaaS GRC platform that automates evidence collection, controls testing, and compliance program management — closely comparable to ARMAI's continuous monitoring and audit-readiness use cases.
- Drata: Drata provides automated compliance and continuous controls monitoring with auditor-ready evidence packages, overlapping with ARMAI's SOC report and audit-ready documentation capabilities for regulated buyers.
- Secureframe: Secureframe automates compliance evidence collection and framework mapping (SOC 2, ISO, HIPAA, PCI) using AI — a comparable AI-native approach to ARMAI's evidence analysis and framework mapping for regulated industries.
Broad incumbents
- ServiceNow GRC: ServiceNow's GRC suite is a broad incumbent offering risk, compliance, audit, and vendor risk management workflows to large banks and healthcare systems — the legacy platform ARMAI explicitly positions against.
- RSA Archer: RSA Archer is an established enterprise GRC platform with deep install base in financial services, addressing operational risk, vendor risk, regulatory compliance, and audit — directly competing with ARMAI in regulated industries.
- Diligent: Diligent is an established governance, risk, and compliance platform serving boards and audit committees of large enterprises. It overlaps with ARMAI's exam-ready, board-reporting, and risk intelligence outputs but at much larger enterprise scale.
Emerging players
- Thoropass: Thoropass combines compliance automation software with in-house auditors for SOC 2, ISO 27001, and HIPAA — an emerging AI-driven GRC player with comparable evidence-packaging and audit-ready output positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
ARMAI social profiles
Digital presenceARMAI financial estimates
Financial estimateRevenue estimate
Valuation estimate
ARMAI leadership team
Management profileNumber of profiles
Profiles5 records
ARMAI funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ARMAI M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ARMAI
What does ARMAI do?
ARMAI sells the Intelligent Review Engines™ platform — a SaaS AI-powered Agentic Risk Intelligence system that ingests policies, contracts, SOC reports, regulatory updates, vendor files, and audit evidence, then performs evidence analysis through a six-step workflow (Analyze, Extract, Map, Score, Identify, Document) to produce audit-ready reports, exam-ready packages, risk assessments, gap analyses, controls testing results, board reporting, and corrective action plans. The platform is purpose-built for regulated industries including banks, credit unions, fintechs, broker/dealers, health plans, providers, and FDRs, and is configured for use cases spanning third-party risk management, enterprise risk management, vendor due diligence, fintech readiness, continuous monitoring, controls testing, regulatory change management, delegated oversight, business associate reviews, and exam readiness.
Is ARMAI a public or private company?
ARMAI is a private company. It is classified as venture growth investor backed and is currently operating.
When was ARMAI founded?
ARMAI was founded in 2024. It employs 1 to 10 people.
Where is ARMAI based?
ARMAI is headquartered in Charlotte, United States, in the North America region.
How does ARMAI make money?
Two revenue lines are on record. Platform Subscription is the primary driver. The others are professional Services.
Who are ARMAI's main competitors?
Direct peers on record are Vanta, AuditBoard, LogicGate, Hyperproof, Drata and Secureframe. Broad incumbents are ServiceNow GRC, RSA Archer and Diligent. Thoropass is listed as an emerging player.
Does ARMAI have an API?
No public API is recorded for ARMAI.
What industry is ARMAI in?
ARMAI's product category is Risk Intelligence and Regulatory Compliance Software (RegTech). Its primary akta.pro industry code is HDAAAMAA, AI Governance, Risk & Compliance (GRC) Platforms, with a secondary code of HDAEANAE, Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies). Its NAICS code is 541519 and its SIC code is 7372.