When was First AML founded?

First AML was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is First AML located?

First AML is headquartered in Auckland, New Zealand.

Which legal entities is First AML associated with?

First AML is associated with FIRST AML LIMITED and 1 other.

How many employees does First AML have?

As of Jul 31, 2026, the latest employee count at First AML is 100.

Is First AML a funded company?

First AML is a funded company, having raised a total of $27.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Sep 16, 2020.

When was the latest funding round of First AML?

First AML's latest funding was a $***** Series B round on Nov 01, 2021, with participation from 5 investors.

Where does First AML rank among its competitors?

First AML ranks 21st amongst 614 active competitors, of which 135 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Encompass, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of First AML?

First AML's top competitors include IDnow, Yoti and NICE Actimize. Among them, Encompass secured the most recent funding round in October, 2025.

First AML - 2026 Company Profile, Team, Funding & Competitors

First AML is a series B company based in Auckland (New Zealand), founded in 2017 by Milan Cooper and Bion Behdin. It operates as a KYC & AML solutions for multiple sectors. First AML has raised $27.3M in funding from Blackbird Ventures and Bedrock. The company has 614 active competitors, including 135 funded and 71 that have exited. Its top competitors include companies like IDnow, Yoti and NICE Actimize.

Company Details

KYC & AML solutions for multiple sectors such as law firms, financial institutions, accountants, real estate agencies, and more. It facilitates transaction monitoring, customer onboarding, identity verification, fraud prevention, and more. It facilitates biometric identity verification.

Website: www.firstaml.com/
Social
Phone Number: +64 **********

Key Metrics

Founded Year

2017

Location

Auckland, New Zealand

Stage

Series B

Total Funding

$27.3M in 2 rounds

Latest Funding Round

Series B, Nov 01, 2021, $*****

Investors

Blackbird Ventures & 5 more

Ranked

21^st among 614 active competitors

Employee Count

100 as on Jul 31, 2026

Similar Companies

Encompass & 102 more

View First AML's full profile

First AML is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FIRST AML LIMITED CIN: 6553092 , New Zealand, Active	Nov 15, 2017	-	-
FIRST AML LIMITED CIN: 6553092 , New Zealand, Active	Nov 16, 2017	-	-

First AML has raised a total funding of $27.3M over 2 rounds. Its first funding round was on Sep 16, 2020. Its latest funding round was a Series B round on Nov 01, 2021 for $*****. 5 investors participated in its latest round. First AML has 4 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of First AML:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 01, 2021	1034053	Series B	8882882	5944189	9317072	2058900
Sep 16, 2020	4408743	Series A	7512900	7031760	Bedrock	Chris Heaslip & 1 more

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View details of First AML's funding rounds and investors

The founders of First AML are Milan Cooper and Bion Behdin. Milan Cooper is the CEO of First AML.

Here are the details of First AML's key team members:

Milan Cooper: Co-Founder & CEO of First AML. They serve on the board of 1 company.
Bion Behdin: Co-Founder & CRO of First AML and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address

First AML's Board of Directors

First AML's board has 5 active members. Milan Cooper, Bion Behdin, Mark Jude Hurley and Chris Caigou are part of team and Christopher Banjamin Heaslip is independent board member.

Here is the list of First AML's board of directors:

Name	Type	Representing	Status	Duration
Milan Cooper	Team	-	Current	8y 8m
Bion Behdin	Team	-	Current	8y 8m
Chris Caigou	Team	-	Current	8y 8m
{fbdjez	Team	-	Current	2y 2m
Christopher Banjamin Heaslip	Independent board member	-	Current	6y 9m

View details of First AML's Founder profiles and Board Members

First AML's employee count trend

First AML has 100 employees as of Jul 26. Here is First AML's employee count trend over the years:

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Top competitors of First AML include IDnow, Yoti and NICE Actimize. Here is the list of Top 10 competitors of First AML, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IDnow 2010, Munich (Germany), Acquired	Provider of automated and expert-led identity verification and digital trust services	$40M	Seventure Partners, BayBG Venture Capital ... & 40 others	75/100
2nd	Yoti 2014, London (United Kingdom), Series B	Provider of privacy-focused identity and age solutions	$210M	HSBC, Nex.D & 12 others	71/100
3rd	NICE Actimize 1999, Hoboken (United States), Acquired	Provider of AI-driven anti-money laundering and fraud detection solutions	$24M	Viola Group, Giza Venture Capital & 3 others	70/100
4th	Digio 2016, Bengaluru (India), Seed	Provider of digital solutions for KYC, document management, and digital signatures	$11.9M	Rainmatter, Groww & 3 others	69/100
5th	Encompass 2011, Sydney (Australia), Series B	Provider of automated software for corporate identity and compliance verification	$203M	BNP Paribas, Perennial & 27 others	69/100
6th	Veriff 2015, Tallinn (Estonia), Series C	AI based identity verification software	$200M	Mosaic Ventures, Y Combinator & 23 others	69/100
7th	Advance 2016, Singapore (Singapore), Series D	Provider of digital identity verification	$330M	Farallon Capital Management, Gaorong Capital ... & 13 others	69/100
8th	Unico 2007, Sao Paulo (Brazil), Series D	Provider of digital identity verification and authentication solutions for businesses	$341M	SoftBank, General Atlantic & 10 others	67/100
9th	Trust Stamp 2015, Atlanta (United States), Public	AI-powered platform focuses on cybersecurity solutions	$9.58M	Second Century Ventures, Mastercard & 18 others	66/100
10th	Feedzai 2011, San Mateo (United States), Series E	Provider of an AI-native platform for fraud and financial crime prevention	$347M	Sapphire Ventures, Oak HC/FT & 29 others	66/100
21st	First AML 2017, Auckland (New Zealand), Series B	KYC & AML solutions for multiple sectors	$27.3M	Headline, Bedrock & 4 others	61/100