Thought Leaders in Artificial Intelligence: Charlie Delingpole, CEO of ComplyAdvantage (Part 6)

Sramana Mitra: You are based in London, right? 

Charlie Delingpole: I’ve been in the same room where I started it all. I’ve been in my garage for the past 14 years, but yes, I am in London. We have clients in 80 countries. We have a team in New York, Transylvania, and Singapore. 

Sramana Mitra: Are you saying that you work from home?

Charlie Delingpole: Yes, we are in the midst of the pandemic so I’m in my office at home right now. 

Sramana Mitra: Is there a London operation in normal times?

Charlie Delingpole: Yes, we have 100 people who have an office in Common Garden. We were paying £2 million a year and that lease expired in December, so we are saving that money and investing that in engineering. 

Sramana Mitra: So everyone is working from home and you are able to run a virtual company around the world?

Charlie Delingpole: Exactly.

Sramana Mitra: Where are you in your evolution? How big is the revenue level? What is your plan for going public?

Charlie Delingpole: We have raised $100 million. We did a series C back in July. When I was 20, I always wanted to IPO a company. If we grow quickly, then hopefully we will get there. 

Sramana Mitra: Since you are following a Platform-as-a-Service strategy and you want independent software vendors to develop applications on top of your platform and extend and expand your capabilities, could you name some open problems where you would like ISVs to come and tackle those problems?

Charlie Delingpole: In terms of the workflow, you can always build a tailored solution for companies for different geographies or different industries which closely match the workflow that they require. What we are trying to build is a workflow agnostic data service that can fit with that.

In the underlying infrastructure, we have seen a big number of companies in the MLOps space. For companies, like the Human Loop who are doing Natural Language processing for training data, we use scale AI for the training data as well. In terms of the cloud services that we use, we use a lot of AWS. 

Sramana Mitra: I am asking you a different question. The question that I am asking is what are specific use cases around which you want other people to build applications on top of your platform. 

Charlie Delingpole: What happens is that they embed it in their platform if they build solutions for a banking call, fraud platform, identity platform, or a generic software platform for any company doing their compliance operations. 

Sramana Mitra: You said that you have 200 application developers who have built stuff on top of your platform. How do you find them? 

Charlie Delingpole: We host a conference. We have a team going out to talk to them. We are reasonably well known in the industry now. Often, their competitors would already be using us. I think we are the only company doing what we are doing. We are unique. Most choose to partner with us rather than a legacy provider. 

Sramana Mitra: Interesting. I love the story. Thank you for your time.

This segment is part 6 in the series : Thought Leaders in Artificial Intelligence: Charlie Delingpole, CEO of ComplyAdvantage
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