Access Private Capital, the private equity arm of Berkeley Capital Partners, announced the closing of the latest investment from its private lending fund. Access Private Capital provided a $1.1 million facility to fund the continued growth of Atlanta-based Vital4, a cloud software company that offers a globally accessible data search and due diligence solutions.

Vital4’s compliance technology solutions are driven by Artificial Intelligence and Machine Learning to deliver the most accurate data protecting against financial crimes, terrorism, bribery and corruption. Vital4 is the first solution in the world to approach due diligence and background screening supporting Anti-Money Laundering, Know Your Customer (AML/KYC), FCPA (Foreign Corrupt Practices Act), UK Bribery Act, FCRA (Fair Credit Reporting Act) and Healthcare sanctions and licensing compliance. Organizations across the globe use the Vital4 platform as a solution that mitigates risk across their enterprise.

“From the beginning, we were very impressed with Vital4’s positioning in the due diligence market. Their use of AI-driven automation and product knowledge offer a clear growth trajectory from an already impressive base of business,” said Tony Palazzo, President of Access Private Capital. “This ended up being more than a business transaction. It was a chance for our fund and its investors to be a part of something we believe will be a true disruptor in this industry.”

Kristin Stafford, Vital4’s Co-founder and CEO, commented, “Access Private Capital was the right partner at the right time to help facilitate our next phase of growth. The firm was able to jump in, learn our business, see the opportunity and move quickly to tailor an ideal financing solution. The structure was a refreshing alternative to other avenues we explored.”