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The first product of 241Safe is Portsafe, a multi-jurisdictional AI compliance platform for venture capital and private equity funds managing AI-exposed portfolios.
The global regulatory surface for AI now spans more than ten active or pending regimes, including the EU AI Act, the UK's pro-innovation framework, NYC Local Law 144,
Colorado's Artificial Intelligence Act, China's algorithmic recommendation and generative AI measures, Brazil's AI Bill, and emerging rules across APAC.
Portsafe automates portfolio-wide AI system discovery, classifies each system under the applicable risk framework in every relevant jurisdiction, flags article-by-article compliance gaps, maintains an evidence vault for audit readiness, and produces institutional reports suitable for legal sign-off and LP distribution. The platform operates on a Bring Your Own Key (BYOK) model, ensuring portfolio data never leaves the fund's environment.
241Safe was founded to give investment teams, general counsels, operating partners, and outside counsel a technical layer that sits alongside existing legal and compliance workflows, turning AI regulatory readiness across jurisdictions into a continuous, auditable process. 241Safe's aim is to develop other types of software tools in the future.
Headquartered in Athens, Greece. Currently in early access with a select group of European venture capital funds.