Encompass
About Encompass
Exposure since: 2021
Exposure type: Direct
Encompass has built a software platform that allows organisations governed by Anti-Money Laundering regulations to automate their corporate 'Know Your Customer' (KYC) due diligence. It is an end-to-end KYC platform that uses data aggregation, automation and workflow tools to help customers reduce compliance errors, improve their onboarding experience and remove friction.
Encompass was co-founded by Wayne Johnson and Roger Carson in Sydney, Australia in 2012. More recently, they have moved their headquarters to London to better service their growing international customer base.
“In 2019 a departing employee needed to sell their shares in Equiem. This liquidity requirement was driven not just by the employee, but also by me, as I felt it was important that he was fairly rewarded for his contribution and also clearly removed of all information rights accompanying his shares, now that he was no longer part of the company. I have known the founders of SecondQuarter for some time - they bought the parcel quickly and efficiently and allowed me to focus on growing the company rather than the distraction of making a secondary market for it and they have been hugely valuable shareholders since”
— Gab McMillan | CEO and Founder of Equiem