{ "title": "UK BUSINESS AI UNIVERSE: Start-ups: Finance", "built": "2026-10-31 17:13 UTC", "last_checked": "2026-10-29", "checked_range": [ "2026-10-29", "2026-10-29" ], "as_of": "2026-10-29", "buckets": [ { "key": "co", "label": "Companies", "color": "#d1495b", "count": 61 }, { "key": "inv", "label": "Investors and funds", "color": "#2e86de", "count": 0 }, { "key": "deal", "label": "Deals", "color": "#10ac84", "count": 0 }, { "key": "prog", "label": "Schemes, programmes and AI lines", "color": "#f39c12", "count": 4 }, { "key": "site", "label": "Data centres and compute sites", "color": "#8e44ad", "count": 0 }, { "key": "org", "label": "Networks, bodies, events and media", "color": "#34495e", "count": 0 }, { "key": "part", "label": "Partnerships and contracts", "color": "#e67e22", "count": 0 }, { "key": "prod", "label": "Chips, models and products", "color": "#e84393", "count": 0 }, { "key": "person", "label": "People", "color": "#9bbf00", "count": 0 } ], "divisions": [ { "key": "finance", "label": "Finance", "count": 65, "depts": [ { "dept": "financial services", "count": 4 }, { "dept": "finance", "count": 4 }, { "dept": "Finance", "count": 4 }, { "dept": "identity verification", "count": 3 }, { "dept": "financial crime", "count": 3 }, { "dept": "identity", "count": 3 }, { "dept": "financial regulation", "count": 3 }, { "dept": "cyber security", "count": 2 }, { "dept": "fraud", "count": 2 }, { "dept": "insurance", "count": 2 }, { "dept": "anti-money laundering", "count": 2 }, { "dept": "insurance claims", "count": 2 }, { "dept": "regtech", "count": 2 }, { "dept": "financial advice", "count": 2 }, { "dept": "insurance broking", "count": 2 }, { "dept": "crypto assets", "count": 1 }, { "dept": "regulatory compliance", "count": 1 }, { "dept": "risk intelligence", "count": 1 }, { "dept": "sanctions screening", "count": 1 }, { "dept": "wealth management", "count": 1 }, { "dept": "real-asset investment", "count": 1 }, { "dept": "consumer finance", "count": 1 }, { "dept": "property insurance", "count": 1 }, { "dept": "investment due diligence", "count": 1 }, { "dept": "private equity", "count": 1 }, { "dept": "compliance", "count": 1 }, { "dept": "financial risk", "count": 1 }, { "dept": "due diligence", "count": 1 }, { "dept": "investment management", "count": 1 }, { "dept": "climate and nature risk", "count": 1 }, { "dept": "financial data", "count": 1 }, { "dept": "ESG data", "count": 1 }, { "dept": "investment management operations", "count": 1 }, { "dept": "cross-border e-commerce", "count": 1 }, { "dept": "payments", "count": 1 }, { "dept": "corporate finance", "count": 1 }, { "dept": "fraud prevention", "count": 1 }, { "dept": "debt collection", "count": 1 }, { "dept": "investment analytics", "count": 1 }, { "dept": "lending", "count": 1 } ] } ], "colleges": [], "nodes": [ { "id": "BIZ-SU-FIN-037", "name": "Netacea", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Raised £4.5m from Mercia Asset Management and appointed Mick Bradley as chief executive, reported by UKTN on 18 October 2023. Companies House shows NETACEA LIMITED as Active (checked 31 Oct 2026).", "one_line": "Manchester company using machine learning to detect automated bots attacking websites, apps and APIs.", "description": "Netacea is \"a machine learning-based bot detection startup\" based in Manchester. Its platform runs on websites, apps and APIs and reads user behaviour to spot automated threats. It raised £9m in February 2022 to fund US expansion and £4.5m from Mercia Asset Management in October 2023, when Mercia held 34.2%. Mick Bradley, formerly chief revenue officer at Virtuozzo, became chief executive. Netacea Limited (11566936) and three related group companies are registered at the same Manchester address. It is listed under finance because the brief placed it here; the lead researcher may move it to Safety and assurance.", "uk_status": "uk", "company": { "ch_number": "11566936", "registered_office": "Suite 2.02 Department Bonded Warehouse, 18 Lower Byrom Street, Manchester, United Kingdom, M3 4AP", "incorporated": "2018-09-13", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "11566936", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/11566936", "ch_note": null }, "place": { "text": "Manchester (M3 4AP)", "postcode": "M3 4AP", "lat": 53.477953, "lng": -2.25642, "region": "England: North West", "admin_district": "Manchester", "geocoded": "postcodes.io" }, "people": [ { "name": "Mick Bradley", "role": "chief executive", "from": "2023-10", "source": "https://www.uktech.news/cybersecurity/netacea-funding-new-ceo-20231018" } ], "money": [ { "kind": "funding_round", "amount": 9000000, "currency": "GBP", "date": "2022-02-15", "detail": "to fund US expansion", "raw": "funding_round: 9000000 GBP 2022-02-15 — to fund US expansion", "amount_gbp": 9000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£9m", "gbp_txt": "" }, { "kind": "funding_round", "amount": 4500000, "currency": "GBP", "date": "2023-10-18", "detail": "from Mercia Asset Management", "raw": "funding_round: 4500000 GBP 2023-10-18 — from Mercia Asset Management", "amount_gbp": 4500000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£4.5m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "AI security and assurance" ], "sectors": [ "cyber security", "e-commerce", "fraud" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Manchester company using machine learning to detect automated bots attacking websites, apps and APIs.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/cybersecurity/netacea-funding-new-ceo-20231018", "https://www.uktech.news/tag/netacea", "https://find-and-update.company-information.service.gov.uk/search?q=netacea", "https://find-and-update.company-information.service.gov.uk/company/11566936" ], "source_quotes": [ { "url": "https://www.uktech.news/cybersecurity/netacea-funding-new-ceo-20231018", "quotes": [ "a machine learning-based bot detection startup", "Manchester-based" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.uktech.news/tag/netacea", "quotes": [ "Bot detection platform Netacea secures £9m to fund US expansion\" (Tue 15 Feb 2022)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/search?q=netacea", "quotes": [ "NETACEA LIMITED\" \"11566936\" \"Incorporated on 13 September 2018" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/11566936", "quotes": [ "NETACEA LIMITED | Company number 11566936 | Active" ], "accessed": "2026-10-31", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI security and assurance" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "cyber security", "div": "finance" } ], "div_label": "Finance", "location": "Manchester (M3 4AP)", "status_group": "active", "ext_links": [ { "kind": "linked from: funds", "id": "BIZ-INV-205", "name": "Mercia (Mercia Ventures, Mercia Asset Management PLC)", "page": "investors", "href": "../../investors/#org=BIZ-INV-205", "page_label": "Investors" } ], "label_links": [ { "kind": "funded_by", "name": "Mercia Asset Management" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-038", "name": "Elliptic", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Raised a US$120m (£88.8m) Series D led by One Peak, with the British Business Bank investing £13m, reported by UKTN on 13 May 2026. Companies House shows ELLIPTIC ENTERPRISES LIMITED as Active (checked 31 Oct 2026).", "one_line": "London company that traces crypto-asset transactions to help banks, exchanges and governments spot illegal activity.", "description": "Elliptic is a London-headquartered blockchain analytics and compliance platform founded in 2013. It provides cross-chain transaction monitoring and risk insights to banks, fintechs, government agencies and crypto and payments companies. On 13 May 2026 it raised a US$120m (£88.8m) Series D led by One Peak, with Nasdaq Ventures, Deutsche Bank and the British Business Bank (£13m). The British Business Bank's Max Middleton called it an \"enterprise grade, AI-native platform\". Elliptic Enterprises Limited (08458210, incorporated 22 March 2013) is likely its UK company, but the link was not confirmed on an opened page.", "uk_status": "uk", "company": { "ch_number": "08458210", "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "08458210", "from_round2": true, "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/08458210", "ch_note": null }, "place": { "text": "London (null)", "postcode": "EC4M 7JN", "lat": 51.513832, "lng": -0.102113, "region": "England: London", "admin_district": "City of London", "geocoded": "postcodes.io" }, "people": [], "money": [ { "kind": "funding_round", "amount": 120000000, "currency": "USD", "date": "2026-05-13", "detail": "Series D led by One Peak", "raw": "funding_round: 120000000 USD 2026-05-13 — Series D led by One Peak", "amount_gbp": 88796803, "fx_rate": 1.3514, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3514 per £ on 2026-05-13", "fx_date": "2026-05-13", "fx_note": "", "txt": "US$120m", "gbp_txt": "£88.8m" } ], "site": null, "product": null, "dsit_domains": [ "AI security and assurance", "Knowledge generation" ], "sectors": [ "crypto assets", "financial crime compliance" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": [ { "from": "Companies House check, 29 Oct 2026", "field": "company.ch_number", "text": "company.ch_number → 08458210; legal_form → ltd" } ], "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "London company that traces crypto-asset transactions to help banks, exchanges and governments spot illegal activity.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/crypto/blockchain-analytics-platform-elliptic-secures-88-8m-20260513", "https://find-and-update.company-information.service.gov.uk/search?q=elliptic+enterprises", "https://find-and-update.company-information.service.gov.uk/company/08458210" ], "source_quotes": [ { "url": "https://www.uktech.news/crypto/blockchain-analytics-platform-elliptic-secures-88-8m-20260513", "quotes": [ "enterprise grade, AI-native platform" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/search?q=elliptic+enterprises", "quotes": [ "ELLIPTIC ENTERPRISES LIMITED\" \"08458210\" \"Incorporated on 22 March 2013" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/08458210", "quotes": [ "ELLIPTIC ENTERPRISES LIMITED", "Office 7 35-37 Ludgate Hill, London, England, EC4M 7JN", "Active", "22 March 2013", "BITXCHANGE LTD" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI security and assurance", "Knowledge generation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "crypto assets", "div": "finance" } ], "div_label": "Finance", "location": "London (null)", "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-INV-002", "name": "British Business Bank", "page": "investors", "href": "../../investors/#org=BIZ-INV-002", "page_label": "Investors" }, { "kind": "linked from: funds", "id": "BIZ-INV-202", "name": "Seedcamp", "page": "investors", "href": "../../investors/#org=BIZ-INV-202", "page_label": "Investors" } ], "label_links": [ { "kind": "funded_by", "name": "One Peak" }, { "kind": "funded_by", "name": "Nasdaq Ventures" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-039", "name": "FinregE", "bucket": "co", "status": "active", "status_date": "2026-07-23", "status_detail": "Published a framework to help financial firms follow the UK AI Adoption Plan, reported 23 July 2026; named in the FCA's AI programme cohorts (see BIZ-SU-FIN-033).", "one_line": "Regulatory technology that uses AI to match new financial rules to a firm's internal processes.", "description": "FinregE sells a regulatory platform, ROS, that uses AI to map regulations to a financial firm's internal processes. Its chief executive is Rohini Gupta. In July 2026 it published a five-pillar framework to help financial institutions comply with the UK AI Adoption Plan. FinregE Limited (11139011) was incorporated on 8 January 2018 and is registered at One Canada Square, London. It is named in the FCA AI programme lists in the earlier file; the cohort and date were not re-checked here. [Round 4, 30 Oct 2026] member_of: FCA Supercharged Sandbox, first cohort (wholesale and compliance innovation)", "uk_status": "uk", "company": { "ch_number": "11139011", "registered_office": "Level 39 One Canada Square, London, England, E14 5AB", "incorporated": "2018-01-08", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "11139011", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/11139011", "ch_note": null }, "place": { "text": "London (E14 5AB)", "postcode": "E14 5AB", "lat": 51.504938, "lng": -0.019496, "region": "England: London", "admin_district": "Tower Hamlets", "geocoded": "postcodes.io" }, "people": [ { "name": "Rohini Gupta", "role": "chief executive", "from": null, "source": "https://ffnews.com/news/finrege-unveils-five-pillars-to-master-the-uks-2026-ai-adoption-plan" } ], "money": [], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "AI implementation" ], "sectors": [ "regulatory compliance", "financial services" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Regulatory technology that uses AI to match new financial rules to a firm's internal processes.", "affiliation": "Start-ups", "sources": [ "https://ffnews.com/news/finrege-unveils-five-pillars-to-master-the-uks-2026-ai-adoption-plan", "https://find-and-update.company-information.service.gov.uk/search?q=finrege", "https://find-and-update.company-information.service.gov.uk/company/11139011", "https://www.fca.org.uk/firms/innovation/ai-lab" ], "source_quotes": [ { "url": "https://ffnews.com/news/finrege-unveils-five-pillars-to-master-the-uks-2026-ai-adoption-plan", "quotes": [ "has launched a strategic framework to help financial institutions comply with the" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/search?q=finrege", "quotes": [ "FINREGE LIMITED\" \"11139011\" \"Incorporated on 8 January 2018\" \"Level 39 One Canada Square, London, England, E14 5AB" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/11139011", "quotes": [ "FINREGE LIMITED", "Level 39 One Canada Square, London, England, E14 5AB", "Active", "8 January 2018", "FINREG-E LIMITED" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.fca.org.uk/firms/innovation/ai-lab", "quotes": [ "Accepted firms – first cohort", "FinregE" ], "accessed": "2026-10-30", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "AI implementation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "regulatory compliance", "div": "finance" } ], "div_label": "Finance", "location": "London (E14 5AB)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "member_of", "name": "FCA Supercharged Sandbox, first cohort" } ], "degree": 1, "related_ids": [ "BIZ-SU-FIN-033" ] }, { "id": "BIZ-SU-FIN-001", "name": "Featurespace", "bucket": "co", "status": "acquired", "status_date": "2024-12-19", "status_detail": "Visa completed its acquisition of Featurespace on 19 December 2024; terms not disclosed; the UK company remains active.", "one_line": "Builds machine-learning software that watches card and bank payments as they happen and flags likely fraud and financial crime.", "description": "Featurespace grew out of Cambridge and is described by Visa as an \"AI-native transaction monitoring company\" headquartered in Cambridge. Visa completed the purchase on 19 December 2024 and placed it in its Risk and Identity Solutions unit. The UK company, incorporated in November 2005, is active, with its registered office now at Visa's London address, 1 Sheldon Square. Visa's release gives the founding year as 2008, while the company was incorporated in 2005. [Round 6, 30 Oct 2026] award: 3rd place, UK final of UK-US PETs prize challenges; phase-one winner as Featurespace Limited (2022-11 and 2023-03)", "uk_status": "uk", "company": { "ch_number": "05640420", "registered_office": "1 Sheldon Square, London, United Kingdom, W2 6TT", "incorporated": "2005-11-30", "legal_form": "ltd", "owner_or_acquirer": "Visa", "headcount": null, "ch_number_clean": "05640420", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/05640420", "ch_note": null }, "place": { "text": "Cambridge (operations, per Visa); registered office London W2 6TT", "postcode": "W2 6TT", "lat": 51.518934, "lng": -0.180644, "region": "England: East of England", "admin_district": "Westminster", "geocoded": "postcodes.io" }, "people": [], "money": [], "site": null, "product": null, "dsit_domains": [ "AI implementation", "AI security and assurance" ], "sectors": [ "fraud", "payments", "financial crime" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-featurespace", "type": "Companies", "category": "finance", "function": "Builds machine-learning software that watches card and bank payments as they happen and flags likely fraud and financial crime.", "affiliation": "Start-ups", "sources": [ "https://corporate.visa.com/en/sites/visa-perspectives/newsroom/visa-completes-acquisition-featurespace.html", "https://find-and-update.company-information.service.gov.uk/company/05640420", "https://www.gov.uk/government/news/winners-announced-in-first-phase-of-uk-us-privacy-enhancing-technologies-prize-challenges" ], "source_quotes": [ { "url": "https://corporate.visa.com/en/sites/visa-perspectives/newsroom/visa-completes-acquisition-featurespace.html", "quotes": [ "AI-native transaction monitoring company that helps to prevent fraud and financial crime", "headquartered in Cambridge, UK", "The Featurespace business will become part of Visa's Risk and Identity Solutions business unit" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/05640420", "quotes": [ "FEATURESPACE LIMITED\" \"Active\" \"1 Sheldon Square, London, United Kingdom, W2 6TT\" \"30 November 2005" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.gov.uk/government/news/winners-announced-in-first-phase-of-uk-us-privacy-enhancing-technologies-prize-challenges", "quotes": [ "Featurespace Limited\" (listed among UK winners)" ], "accessed": "2026-10-30", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation", "AI security and assurance" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "fraud", "div": "finance" } ], "div_label": "Finance", "location": "Cambridge (operations, per Visa); registered office London W2 6TT", "status_group": "acquired", "ext_links": [], "label_links": [ { "kind": "acquired_by", "name": "Visa" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-002", "name": "Onfido", "bucket": "co", "status": "acquired", "status_date": "2024-04-09", "status_detail": "Entrust completed its acquisition of Onfido on 9 April 2024; terms not disclosed; Onfido Ltd remains active.", "one_line": "Checks people's identity online by matching a photo of their ID to a selfie, using AI to detect fakes and deepfakes.", "description": "Onfido was incorporated in London in December 2010 (as ReferenceBox, then VerifyRecruit) and became an online identity-verification company used by firms signing up customers. Entrust, a US security company, completed its purchase on 9 April 2024, describing Onfido's use of \"AI to deliver reliable liveness detection and spot deepfakes\". Terms were not disclosed. The UK company is active with a registered office at 9 Devonshire Square, London.", "uk_status": "uk", "company": { "ch_number": "07479524", "registered_office": "9 Devonshire Square, 4th Floor, London, United Kingdom, EC2M 4YF", "incorporated": "2010-12-29", "legal_form": "ltd", "owner_or_acquirer": "Entrust", "headcount": null, "ch_number_clean": "07479524", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/07479524", "ch_note": null }, "place": { "text": "London (EC2M 4YF)", "postcode": "EC2M 4YF", "lat": 51.516888, "lng": -0.078319, "region": "England: London", "admin_district": "City of London", "geocoded": "postcodes.io" }, "people": [], "money": [], "site": null, "product": null, "dsit_domains": [ "Perceptual systems", "AI security and assurance" ], "sectors": [ "identity verification", "financial services" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-onfido", "type": "Companies", "category": "finance", "function": "Checks people's identity online by matching a photo of their ID to a selfie, using AI to detect fakes and deepfakes.", "affiliation": "Start-ups", "sources": [ "https://www.entrust.com/company/newsroom/entrust-completes-acquisition-of-onfido-creating-a-new-era-of-identity-centric-security", "https://find-and-update.company-information.service.gov.uk/company/07479524" ], "source_quotes": [ { "url": "https://www.entrust.com/company/newsroom/entrust-completes-acquisition-of-onfido-creating-a-new-era-of-identity-centric-security", "quotes": [ "April 9, 2024", "AI to deliver reliable liveness detection and spot deepfakes" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/07479524", "quotes": [ "ONFIDO LTD\" \"Active\" \"9 Devonshire Square, 4th Floor, London, United Kingdom, EC2M 4YF\" \"29 December 2010\" \"REFERENCEBOX LTD" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Perceptual systems", "AI security and assurance" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "identity verification", "div": "finance" } ], "div_label": "Finance", "location": "London (EC2M 4YF)", "status_group": "acquired", "ext_links": [ { "kind": "linked from: funds", "id": "BIZ-INV-305", "name": "TPG Growth (TPG)", "page": "investors", "href": "../../investors/#org=BIZ-INV-305", "page_label": "Investors" } ], "label_links": [ { "kind": "acquired_by", "name": "Entrust" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-003", "name": "Darktrace (recorded under risk)", "bucket": "co", "status": "acquired", "status_date": "2024-10-01", "status_detail": "Taken private by Thoma Bravo for about US$5.3bn (US$7.75 a share in cash), completed 1 October 2024.", "one_line": "Sells cyber-security software that learns what normal activity looks like on a company's network and email and flags anything unusual.", "description": "Darktrace is a cyber-security company with research and development in Cambridge. It is recorded here under a risk heading only because the brief directs it; its natural home is the Safety and assurance page, and the lead researcher may move it there. Thoma Bravo's all-cash acquisition, announced on 26 April 2024 and valuing the company at about US$5.3bn, completed on 1 October 2024, when the scheme of arrangement became effective. Thoma Bravo calls it \"a global leader in AI for cybersecurity\". Footnote: Companies House also lists DARKTRACE HOLDINGS LIMITED, company number 08562035 (Active, incorporated 10 June 2013, named DARKTRACE LIMITED until 29 March 2021). Its person with significant control is Darktrace Limited (13264637), which holds 75% or more of its shares. Darktrace Limited 13264637 was named DARKTRACE PLC from 30 March 2021 to 9 October 2024, and its own person with significant control is Darktrace Bidco Limited (15667075). Source: Companies House, checked 31 Oct 2026.", "uk_status": "uk", "company": { "ch_number": "13264637", "registered_office": "Maurice Wilkes Building, St John's Innovation Park, Cowley Road, Cambridge, United Kingdom, CB4 0DS", "incorporated": "2021-03-12", "legal_form": "Private limited Company", "owner_or_acquirer": "Thoma Bravo", "headcount": null, "ch_number_clean": "13264637", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/13264637", "ch_note": null }, "place": { "text": "Cambridge", "postcode": null, "lat": null, "lng": null, "region": "England: East of England" }, "people": [ { "name": "Adam Towns", "role": "Chief Financial and Operating Officer (from CFO, Dataiku)", "from": "2026-10-13", "source": "https://www.globenewswire.com/news-release/2026/10/13/3379872/0/en/darktrace-names-three-senior-executives-to-strengthen-finance-revenue-and-customer-leadership.html", "round4": true }, { "name": "Michael (Mike) McGuinness", "role": "Chief Revenue Officer (from Chief Commercial Officer, Quickbase)", "from": "2026-10-13", "source": "https://www.globenewswire.com/news-release/2026/10/13/3379872/0/en/darktrace-names-three-senior-executives-to-strengthen-finance-revenue-and-customer-leadership.html", "round4": true }, { "name": "Beth Shea", "role": "Chief Customer Officer (from Chief Customer Officer, Snyk)", "from": "2026-10-13", "source": "https://www.globenewswire.com/news-release/2026/10/13/3379872/0/en/darktrace-names-three-senior-executives-to-strengthen-finance-revenue-and-customer-leadership.html", "round4": true }, { "name": "Issy Richards", "role": "Chief Product Officer (from Interim SVP Product, Darktrace; earlier Ocado Technology and Faculty AI)", "from": "2026-10-22", "source": "https://www.globenewswire.com/news-release/2026/10/22/3386504/0/en/darktrace-strengthens-product-and-technology-leadership-with-new-executive-appointments.html", "round4": true }, { "name": "Stephen Pickman", "role": "Chief Technology Officer (from SVP Engineering, Darktrace), succeeding co-founder Jack Stockdale, who moved to a part-time role", "from": "2026-10-22", "source": "https://www.globenewswire.com/news-release/2026/10/22/3386504/0/en/darktrace-strengthens-product-and-technology-leadership-with-new-executive-appointments.html", "round4": true }, { "name": "Max Heinemeyer", "role": "Chief Product Officer (promoted from VP of Cyber Innovation)", "from": "2022-07-19", "source": "https://www.darktrace.com/news/management-changes", "round4": true }, { "name": "David Walden", "role": "Chief People Officer (from people roles at Capital One, AOL, T. Rowe Price and Etsy)", "from": "2022-07-19", "source": "https://www.darktrace.com/news/management-changes", "round4": true }, { "name": "Carolyn Esser", "role": "Chief Corporate Affairs Officer (from Bill & Melinda Gates Foundation)", "from": "2022-07-19", "source": "https://www.darktrace.com/news/management-changes", "round4": true }, { "name": "Ed Jennings", "role": "President and Chief Executive", "from": "2026-03-09 (release date)", "source": "https://www.globenewswire.com/en/search/organization/Darktrace", "round4": true } ], "money": [ { "kind": "acquisition_price", "amount": 5300000000, "currency": "USD", "date": "2024-10-01", "detail": "all-cash, US$7.75 per share", "raw": "acquisition_price: 5300000000 USD 2024-10-01 — all-cash, US$7.75 per share", "amount_gbp": 3988260968, "fx_rate": 1.3289, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3289 per £ on 2024-10-01", "fx_date": "2024-10-01", "fx_note": "", "txt": "US$5.30bn", "gbp_txt": "£3.99bn" } ], "site": null, "product": null, "dsit_domains": [ "AI security and assurance" ], "sectors": [ "cyber security", "risk" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-darktrace", "type": "Companies", "category": "finance", "function": "Sells cyber-security software that learns what normal activity looks like on a company's network and email and flags anything unusual.", "affiliation": "Start-ups", "sources": [ "https://darktrace.com/news/darktrace-announces-formal-completion-of-its-acquisition-by-thoma-bravo", "https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-darktrace", "https://find-and-update.company-information.service.gov.uk/company/13264637", "https://find-and-update.company-information.service.gov.uk/company/08562035/persons-with-significant-control" ], "source_quotes": [ { "url": "https://darktrace.com/news/darktrace-announces-formal-completion-of-its-acquisition-by-thoma-bravo", "quotes": [ "Cambridge, UK, 1 October 2024", "has today announced the completion of its acquisition by Thoma Bravo", "has now become effective" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.thomabravo.com/press-releases/thoma-bravo-completes-acquisition-of-darktrace", "quotes": [ "approximately $5.3 billion", "$7.75 per share in cash", "Darktrace is a global leader in AI for cybersecurity" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/13264637", "quotes": [ "DARKTRACE LIMITED | Company number 13264637 | Company status Active | Incorporated on 12 March 2021 | Previous company names: DARKTRACE PLC 30 Mar 2021 - 09 Oct 2024; SRENOOG PLC 12 Mar 2021 - 30 Mar 2021" ], "accessed": "2026-10-31", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/08562035/persons-with-significant-control", "quotes": [ "DARKTRACE HOLDINGS LIMITED (08562035) | Persons with significant control: Darktrace Limited | Registration number 13264637 | Ownership of shares – 75% or more" ], "accessed": "2026-10-31", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI security and assurance" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "cyber security", "div": "finance" } ], "div_label": "Finance", "location": "Cambridge", "status_group": "acquired", "ext_links": [ { "kind": "linked from: funds", "id": "BIZ-INV-010", "name": "Balderton Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-010", "page_label": "Investors" }, { "kind": "acquired_by", "id": "BIZ-INV-301", "name": "Thoma Bravo", "page": "investors", "href": "../../investors/#org=BIZ-INV-301", "page_label": "Investors" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-224", "name": "Jack Stockdale", "page": "talent", "href": "../../talent/#org=BIZ-TAL-224", "page_label": "Talent" }, { "kind": "linked from: funds", "id": "BIZ-INV-203", "name": "Hoxton Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-203", "page_label": "Investors" }, { "kind": "linked from: funds", "id": "BIZ-INV-301", "name": "Thoma Bravo", "page": "investors", "href": "../../investors/#org=BIZ-INV-301", "page_label": "Investors" }, { "kind": "linked from: funds", "id": "BIZ-INV-302", "name": "Vitruvian Partners", "page": "investors", "href": "../../investors/#org=BIZ-INV-302", "page_label": "Investors" }, { "kind": "linked from: funds", "id": "BIZ-INV-303", "name": "KKR", "page": "investors", "href": "../../investors/#org=BIZ-INV-303", "page_label": "Investors" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2071", "name": "Ed Jennings", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2071", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2072", "name": "Mike Beck", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2072", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2073", "name": "Chris Kozup", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2073", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2074", "name": "Michael (Mike) McGuinness", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2074", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2075", "name": "David Morris", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2075", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2076", "name": "Stephen Pickman", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2076", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2077", "name": "Issy Richards", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2077", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2078", "name": "Beth Shea", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2078", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2079", "name": "David Smith", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2079", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2080", "name": "Adam Towns", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2080", "page_label": "Talent" }, { "kind": "linked from: alumni_of", "id": "BIZ-TAL-2081", "name": "Poppy Gustafsson", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2081", "page_label": "Talent" }, { "kind": "linked from: alumni_of", "id": "BIZ-TAL-2082", "name": "Nicole Eagan", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2082", "page_label": "Talent" }, { "kind": "linked from: alumni_of", "id": "BIZ-TAL-2083", "name": "Max Heinemeyer", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2083", "page_label": "Talent" }, { "kind": "linked from: alumni_of", "id": "BIZ-TAL-2084", "name": "Dave Palmer", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2084", "page_label": "Talent" }, { "kind": "linked from: alumni_of", "id": "BIZ-TAL-2085", "name": "David Walden", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2085", "page_label": "Talent" }, { "kind": "linked from: alumni_of", "id": "BIZ-TAL-2086", "name": "Carolyn Esser", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2086", "page_label": "Talent" }, { "kind": "linked from: alumni_of", "id": "BIZ-TAL-2087", "name": "Emily Orton", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2087", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2246", "name": "Tim Bazalgette", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2246", "page_label": "Talent" }, { "kind": "linked from: partner_of", "id": "BIZ-SVC-2058", "name": "Spärck AI Scholarships", "page": "services", "href": "../../services/#org=BIZ-SVC-2058", "page_label": "Services and skills" } ], "label_links": [], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-004", "name": "Quantexa", "bucket": "co", "status": "active", "status_date": "2026-10-22", "status_detail": "On 22 October 2026 announced it had been selected by the Insolvency Service to build a data and AI foundation against economic crime, after a ten-year, £175m HMRC partnership announced 14 May 2026.", "one_line": "Makes software that joins up scattered records about people and companies so banks and government bodies can spot fraud, financial crime and risk.", "description": "Quantexa was incorporated in London in March 2016 and is led by founder and chief executive Vishal Marria. Its \"decision intelligence\" platform links records about entities so that analysts and AI tools can detect fraud and money laundering. In 2026 it won a £175m, ten-year HMRC partnership (14 May), opened a research centre in Dublin (7 May) and a hub in Málaga (1 October), and was selected by the Insolvency Service (22 October). Its stated headquarters is 10 York Road, London SE1. [Round 6, 30 Oct 2026] latest_money: 2025-03-05 Series F $175m led by Teachers' Venture Growth, with BNY, AlbionVC, HSBC; valuation $2.6bn (£2bn) — round total for existing DEAL-INV-008", "uk_status": "uk", "company": { "ch_number": "10045407", "registered_office": "C/O Company Secretarial Department, 280 Bishopsgate, London, United Kingdom, EC2M 4AG", "incorporated": "2016-03-07", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "10045407", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/10045407", "ch_note": null }, "place": { "text": "10 York Road, London (SE1 7ND)", "postcode": "SE1 7ND", "lat": 51.503492, "lng": -0.11564, "region": "England: London", "admin_district": "Lambeth", "geocoded": "postcodes.io" }, "people": [ { "name": "Vishal Marria", "role": "Founder and CEO", "from": "2016", "source": "https://www.quantexa.com/press/quantexa-selected-by-hmrc-for-landmark-pound175m-sovereign-data-and-ai-transformation/" } ], "money": [ { "kind": "contract", "amount": 175000000, "currency": "GBP", "date": "2026-05-14", "detail": "ten-year HMRC partnership", "raw": "contract: 175000000 GBP 2026-05-14 — ten-year HMRC partnership", "amount_gbp": 175000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£175m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Knowledge generation", "AI implementation" ], "sectors": [ "financial crime", "fraud", "government data" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-quantexa", "type": "Companies", "category": "finance", "function": "Makes software that joins up scattered records about people and companies so banks and government bodies can spot fraud, financial crime and risk.", "affiliation": "Start-ups", "sources": [ "https://www.quantexa.com/press/quantexa-selected-by-hmrc-for-landmark-pound175m-sovereign-data-and-ai-transformation/", "https://www.quantexa.com/press/", "https://find-and-update.company-information.service.gov.uk/company/10045407", "https://www.uktech.news/ai/quantexa-valuation-jumps-to-2-6bn-after-fresh-funding-round-20250305" ], "source_quotes": [ { "url": "https://www.quantexa.com/press/quantexa-selected-by-hmrc-for-landmark-pound175m-sovereign-data-and-ai-transformation/", "quotes": [ "May 14th, 2026", "£175 million", "10-year partnership", "Headquarters at 10 York Road, London SE1 7ND" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.quantexa.com/press/", "quotes": [ "Quantexa selected by the Insolvency Service to build a sovereign data and AI foundation to fight economic crime\" (Oct 22nd, 2026)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/10045407", "quotes": [ "QUANTEXA LIMITED\" \"Active\" \"280 Bishopsgate, London, United Kingdom, EC2M 4AG\" \"7 March 2016" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.uktech.news/ai/quantexa-valuation-jumps-to-2-6bn-after-fresh-funding-round-20250305", "quotes": [ "Quantexa has seen its valuation jump to $2.6bn (£2bn) after the London AI firm completed its latest funding round.\" (trade)" ], "accessed": "2026-10-30", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Knowledge generation", "AI implementation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "financial crime", "div": "finance" } ], "div_label": "Finance", "location": "10 York Road, London (SE1 7ND)", "status_group": "active", "ext_links": [ { "kind": "linked from: funds", "id": "BIZ-INV-003", "name": "British Patient Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-003", "page_label": "Investors" }, { "kind": "supplies_government", "id": null, "name": "Hmrc", "page": "government", "href": "../../../government/hmrc/", "page_label": "UK Government AI Universe" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-132", "name": "Vishal Marria", "page": "talent", "href": "../../talent/#org=BIZ-TAL-132", "page_label": "Talent" }, { "kind": "linked from: founder_of", "id": "BIZ-TAL-132", "name": "Vishal Marria", "page": "talent", "href": "../../talent/#org=BIZ-TAL-132", "page_label": "Talent" }, { "kind": "linked from: funds", "id": "BIZ-INV-304", "name": "Warburg Pincus", "page": "investors", "href": "../../investors/#org=BIZ-INV-304", "page_label": "Investors" }, { "kind": "supplies_government", "id": "GOV-BIST-039", "name": "UK–Germany Industrial Tech Corridor", "page": "government", "href": "../../../government/bist/#org=GOV-BIST-039", "page_label": "UK Government AI Universe" }, { "kind": "linked from: buys_from", "id": "BIZ-EST-2104", "name": "Vodafone, Google Cloud and Quantexa customer intelligence", "page": "established", "href": "../../established/#org=BIZ-EST-2104", "page_label": "Established firms" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2015", "name": "AlbionVC", "page": "investors", "href": "../../investors/#org=BIZ-INV-2015", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2015", "name": "AlbionVC", "page": "investors", "href": "../../investors/#org=BIZ-INV-2015", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2041", "name": "BNY Mellon", "page": "investors", "href": "../../investors/#org=BIZ-INV-2041", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2041", "name": "BNY Mellon", "page": "investors", "href": "../../investors/#org=BIZ-INV-2041", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2076", "name": "Dawn Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2076", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2076", "name": "Dawn Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2076", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2091", "name": "Evolution Equity Partners", "page": "investors", "href": "../../investors/#org=BIZ-INV-2091", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2091", "name": "Evolution Equity Partners", "page": "investors", "href": "../../investors/#org=BIZ-INV-2091", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2126", "name": "HSBC", "page": "investors", "href": "../../investors/#org=BIZ-INV-2126", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2126", "name": "HSBC", "page": "investors", "href": "../../investors/#org=BIZ-INV-2126", "page_label": "Investors" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2088", "name": "Paul Aylieff", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2088", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2089", "name": "Charles Senabulya", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2089", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2090", "name": "Dan Higgins", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2090", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2091", "name": "Jamie Hutton", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2091", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2092", "name": "Ray O'Brien", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2092", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2093", "name": "Lorraine Metcalf", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2093", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2094", "name": "Guy Muir", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2094", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2095", "name": "Imam Hoque", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2095", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2096", "name": "Matt Hooper", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2096", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-2097", "name": "Mark McNerney", "page": "talent", "href": "../../talent/#org=BIZ-TAL-2097", "page_label": "Talent" }, { "kind": "linked from: partner_of", "id": "BIZ-SVC-2058", "name": "Spärck AI Scholarships", "page": "services", "href": "../../services/#org=BIZ-SVC-2058", "page_label": "Services and skills" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-304", "name": "Warburg Pincus", "page": "investors", "href": "../../investors/#org=BIZ-INV-304", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-304", "name": "Warburg Pincus", "page": "investors", "href": "../../investors/#org=BIZ-INV-304", "page_label": "Investors" } ], "label_links": [ { "kind": "supplies_government", "name": "Government: Insolvency Service" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-005", "name": "Cytora", "bucket": "co", "status": "acquired", "status_date": "2025-09-09", "status_detail": "Acquired by Applied Systems, announced 9 September 2025; terms not disclosed; it continues to operate as Cytora within Applied.", "one_line": "Makes software that reads insurance submissions and documents and turns them into structured data so insurers can price and process risks.", "description": "Cytora began in 2012 as a University of Cambridge start-up in geopolitical risk analytics, backed by Cambridge Enterprise. It became a platform that digitises how risk information flows between brokers, insurers and reinsurers. Applied Systems, an insurance software company, announced its \"growth acquisition\" on 9 September 2025; Cytora's chief executive and co-founder Richard Hartley stayed with the business. The UK company (formerly Bisomotion Ltd) is active with a registered office in Brighton.", "uk_status": "uk", "company": { "ch_number": "08229538", "registered_office": "44 North Road, 6th Floor Tower Point, Brighton, England, BN1 1YR", "incorporated": "2012-09-26", "legal_form": "ltd", "owner_or_acquirer": "Applied Systems", "headcount": null, "ch_number_clean": "08229538", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/08229538", "ch_note": null }, "place": { "text": "registered office Brighton (BN1 1YR)", "postcode": "BN1 1YR", "lat": 50.825887, "lng": -0.141362, "region": "England: South East", "admin_district": "Brighton and Hove", "geocoded": "postcodes.io" }, "people": [ { "name": "Richard Hartley", "role": "CEO and co-founder", "from": null, "source": "https://cytora.com/risk-flow-center/blog/cytora-acquired-by-applied-systems-accelerating-the-shared-vision-of-delivering-the-digital-roundtrip-of-insurance" } ], "money": [], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "AI implementation" ], "sectors": [ "insurance", "underwriting" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-cytora", "type": "Companies", "category": "finance", "function": "Makes software that reads insurance submissions and documents and turns them into structured data so insurers can price and process risks.", "affiliation": "Start-ups", "sources": [ "https://cytora.com/risk-flow-center/blog/cytora-acquired-by-applied-systems-accelerating-the-shared-vision-of-delivering-the-digital-roundtrip-of-insurance", "https://www.enterprise.cam.ac.uk/news/cytora-acquired-by-applied-systems/", "https://find-and-update.company-information.service.gov.uk/company/08229538" ], "source_quotes": [ { "url": "https://cytora.com/risk-flow-center/blog/cytora-acquired-by-applied-systems-accelerating-the-shared-vision-of-delivering-the-digital-roundtrip-of-insurance", "quotes": [ "09.09.2025", "digitize how risk flows", "growth acquisition" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.enterprise.cam.ac.uk/news/cytora-acquired-by-applied-systems/", "quotes": [ "Cytora was founded in 2012 as a University startup", "Richard Hartley, CEO and co-founder of Cytora\" (10 September 2025)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/08229538", "quotes": [ "CYTORA LIMITED\" \"Active\" \"44 North Road, 6th Floor Tower Point, Brighton, England, BN1 1YR\" \"26 September 2012\" \"BISOMOTION LTD" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "AI implementation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "insurance", "div": "finance" } ], "div_label": "Finance", "location": "registered office Brighton (BN1 1YR)", "status_group": "acquired", "ext_links": [], "label_links": [ { "kind": "acquired_by", "name": "Applied Systems" }, { "kind": "spun_out_of", "name": "University of Cambridge" }, { "kind": "funded_by", "name": "Cambridge Enterprise" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-006", "name": "Signal AI", "bucket": "co", "status": "active", "status_date": "2025-09-24", "status_detail": "Raised US$165m (£122m) of growth equity led by Battery Ventures on 24 September 2025; no later event found.", "one_line": "Reads news, social media and other public sources with AI to warn large companies about risks to their reputation, supply chains and compliance.", "description": "Signal AI was founded in London in 2013 and is led by founder and chief executive David Benigson. Its platform uses AI to help executives watch for regulatory, cyber, supply-chain and reputational risks. On 24 September 2025 it raised US$165m in growth equity led by Battery Ventures, an event marked by the London Stock Exchange. City AM reported revenue of £23m for the year to March 2024. Companies House was not matched by name search (see Gaps).", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "David Benigson", "role": "Founder and CEO", "from": "2013", "source": "https://www.londonstockexchange.com/en/news/market-celebrations/2025/london-stock-exchange-congratulates-signal-ais-165m-raise-battery-ventures-reshape-future-risk-and-reputation-intelligence" } ], "money": [ { "kind": "funding_round", "amount": 165000000, "currency": "USD", "date": "2025-09-24", "detail": "growth equity led by Battery Ventures", "raw": "funding_round: 165000000 USD 2025-09-24 — growth equity led by Battery Ventures", "amount_gbp": 122667460, "fx_rate": 1.3451, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3451 per £ on 2025-09-24", "fx_date": "2025-09-24", "fx_note": "", "txt": "US$165m", "gbp_txt": "£122.7m" }, { "kind": "revenue", "amount": 23000000, "currency": "GBP", "date": "2024-03-31", "detail": "year to March 2024 (City AM)", "raw": "revenue: 23000000 GBP 2024-03-31 — year to March 2024 (City AM)", "amount_gbp": 23000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£23m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "Knowledge generation" ], "sectors": [ "risk intelligence", "reputation", "compliance" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": "BIZ-SU-CRE-034", "package1_id": "biz-signal-ai", "type": "Companies", "category": "finance", "function": "Reads news, social media and other public sources with AI to warn large companies about risks to their reputation, supply chains and compliance.", "affiliation": "Start-ups", "sources": [ "https://www.londonstockexchange.com/en/news/market-celebrations/2025/london-stock-exchange-congratulates-signal-ais-165m-raise-battery-ventures-reshape-future-risk-and-reputation-intelligence", "https://www.cityam.com/?p=2364403" ], "source_quotes": [ { "url": "https://www.londonstockexchange.com/en/news/market-celebrations/2025/london-stock-exchange-congratulates-signal-ais-165m-raise-battery-ventures-reshape-future-risk-and-reputation-intelligence", "quotes": [ "September 24, 2025", "$165m", "the leading global risk and reputation intelligence platform" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.cityam.com/?p=2364403", "quotes": [ "$165m (£122m)", "London-based Signal AI\" (Wednesday 24 September 2025)" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "Knowledge generation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "risk intelligence", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [ { "kind": "linked from: works_at", "id": "BIZ-TAL-136", "name": "David Benigson", "page": "talent", "href": "../../talent/#org=BIZ-TAL-136", "page_label": "Talent" }, { "kind": "linked from: founder_of", "id": "BIZ-TAL-136", "name": "David Benigson", "page": "talent", "href": "../../talent/#org=BIZ-TAL-136", "page_label": "Talent" }, { "kind": "same_as", "id": "BIZ-SU-CRE-034", "name": "Signal AI", "page": "startups", "href": "../../startups/#org=BIZ-SU-CRE-034", "page_label": "Start-ups" } ], "label_links": [ { "kind": "funded_by", "name": "Battery Ventures" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-007", "name": "Napier AI", "bucket": "co", "status": "active", "status_date": "2025-02-18", "status_detail": "Announced on 18 February 2025 a Belfast centre of excellence expected to create 106 jobs, a year after £45m of debt financing from Crestline (21 February 2024).", "one_line": "Sells anti-money-laundering software that screens customers and monitors transactions for banks, payment firms and asset managers.", "description": "Napier was founded in 2015 and its UK company (formerly Jumbo Data System and FortyTwo Data) is registered at 40 Bank Street, Canary Wharf. Its platform, Napier AI Continuum, screens customers and monitors transactions for suspicious activity. It took £45m in debt financing from US investor Crestline in February 2024. In February 2025 it announced a Belfast technology hub, with Invest NI support, aiming at more than 100 staff by 2026. Its chief executive is Greg Watson. [Round 4, 30 Oct 2026] member_of: FCA Supercharged Sandbox, first cohort (wholesale and compliance innovation)", "uk_status": "uk", "company": { "ch_number": "09901129", "registered_office": "Level 19, 40 Bank Street, London, England, E14 5NR", "incorporated": "2015-12-03", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "09901129", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/09901129", "ch_note": null }, "place": { "text": "Level 19, 40 Bank Street, London (E14 5NR); hub in Belfast", "postcode": "E14 5NR", "lat": 51.502714, "lng": -0.019348, "region": "England: London", "admin_district": "Tower Hamlets", "geocoded": "postcodes.io" }, "people": [ { "name": "Greg Watson", "role": "CEO", "from": null, "source": "https://www.napier.ai/post/ireland-fintech-centre-excellence" } ], "money": [ { "kind": "funding_round", "amount": 45000000, "currency": "GBP", "date": "2024-02-21", "detail": "debt financing from Crestline", "raw": "funding_round: 45000000 GBP 2024-02-21 — debt financing from Crestline", "amount_gbp": 45000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£45m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "AI implementation", "Knowledge generation" ], "sectors": [ "anti-money laundering", "financial crime", "regtech" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-napier-ai", "type": "Companies", "category": "finance", "function": "Sells anti-money-laundering software that screens customers and monitors transactions for banks, payment firms and asset managers.", "affiliation": "Start-ups", "sources": [ "https://www.napier.ai/post/ireland-fintech-centre-excellence", "https://www.uktech.news/saas/napier-ai-45m-debt-funding-20240221", "https://find-and-update.company-information.service.gov.uk/company/09901129", "https://www.fca.org.uk/firms/innovation/ai-lab" ], "source_quotes": [ { "url": "https://www.napier.ai/post/ireland-fintech-centre-excellence", "quotes": [ "LONDON, 18 February 2025", "106 high-quality jobs", "the London-based financial crime compliance RegTech" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.uktech.news/saas/napier-ai-45m-debt-funding-20240221", "quotes": [ "£45m in debt financing", "US investor Crestline", "Founded in 2015" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/09901129", "quotes": [ "NAPIER TECHNOLOGIES LIMITED\" \"Active\" \"Level 19, 40 Bank Street, London, England, E14 5NR\" \"3 December 2015" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.fca.org.uk/firms/innovation/ai-lab", "quotes": [ "Accepted firms – first cohort", "Napier AI" ], "accessed": "2026-10-30", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation", "Knowledge generation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "anti-money laundering", "div": "finance" } ], "div_label": "Finance", "location": "Level 19, 40 Bank Street, London (E14 5NR); hub in Belfast", "status_group": "active", "ext_links": [ { "kind": "supplies_government", "id": "GOV-NI-018", "name": "Napier AI Belfast office (Invest NI-supported)", "page": "government", "href": "../../../government/northern-ireland/#org=GOV-NI-018", "page_label": "UK Government AI Universe" } ], "label_links": [ { "kind": "funded_by", "name": "Crestline Investors" }, { "kind": "located_in", "name": "Belfast (hub)" }, { "kind": "member_of", "name": "FCA Supercharged Sandbox, first cohort" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-008", "name": "ComplyAdvantage", "bucket": "co", "status": "active", "status_date": "2026-05-19", "status_detail": "Launched Payment Screening on its Mesh platform on 19 May 2026 and announced a partnership with Sumsub on 26 March 2026; no funding since 2021 found.", "one_line": "Provides data and screening software that banks and fintechs use to check customers and payments against sanctions lists, watchlists and adverse news.", "description": "ComplyAdvantage was founded by Charles Delingpole and raised an US$8.2m Series A led by Balderton in October 2016, when City AM described it as using \"AI and machine learning to monitor risk\". It is headquartered in London and says it serves more than 3,000 enterprises in 75 countries through its Mesh platform. In 2026 it announced a partnership with Sumsub (26 March) and a payment-screening product (19 May). Later funding rounds in the leads file were not re-opened. No UK company of that name was returned by a Companies House search (see Gaps).", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Charles Delingpole", "role": "Founder", "from": null, "source": "https://cityam.com/?p=275768" }, { "name": "Mark Watson", "role": "Chief Technology and Product Officer", "from": null, "source": "https://complyadvantage.com/press-media/sumsub-and-complyadvantage-announce-strategic-partnership/" } ], "money": [ { "kind": "funding_round", "amount": 8200000, "currency": "USD", "date": "2016-10-13", "detail": "Series A led by Balderton Capital", "raw": "funding_round: 8200000 USD 2016-10-13 — Series A led by Balderton Capital", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "dated before 2017-01-03, the start of the rate series used; not converted", "txt": "US$8.2m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "AI implementation", "Knowledge generation" ], "sectors": [ "anti-money laundering", "sanctions screening", "regtech" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-complyadvantage", "type": "Companies", "category": "finance", "function": "Provides data and screening software that banks and fintechs use to check customers and payments against sanctions lists, watchlists and adverse news.", "affiliation": "Start-ups", "sources": [ "https://complyadvantage.com/press-media/sumsub-and-complyadvantage-announce-strategic-partnership/", "https://complyadvantage.com/press-media/", "https://cityam.com/?p=275768" ], "source_quotes": [ { "url": "https://complyadvantage.com/press-media/sumsub-and-complyadvantage-announce-strategic-partnership/", "quotes": [ "ComplyAdvantage \"Chief Technology and Product Officer\" Mark Watson; headquartered in London; more than 3,000 enterprises in 75 countries" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://complyadvantage.com/press-media/", "quotes": [ "ComplyAdvantage launches Payment Screening on its Mesh platform\" (19 May 2026)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://cityam.com/?p=275768", "quotes": [ "uses AI and machine learning to monitor risk", "$8.2m (£6.7m)\" (13 October 2016)" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation", "Knowledge generation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "anti-money laundering", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-INV-010", "name": "Balderton Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-010", "page_label": "Investors" } ], "label_links": [], "degree": 2, "related_ids": [ "BIZ-SU-FIN-032" ] }, { "id": "BIZ-SU-FIN-009", "name": "Global Screening Services (GSS)", "bucket": "co", "status": "active", "status_date": "2023-01-23", "status_detail": "Raised £37m from AlixPartners, The Cynosure Group and MUFG, reported 23 January 2023; no later event checked.", "one_line": "Cloud software that uses AI to screen banks' payment data against public and private sanctions lists.", "description": "Global Screening Services is a London company founded in 2021, led by chief executive Tom Scampion. It provides a cloud platform that uses AI to screen financial institutions' transaction data against sanctions lists. UKTN reported £37m of funding from AlixPartners, The Cynosure Group and MUFG in January 2023. Current status was not re-checked.", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Tom Scampion", "role": "CEO", "from": null, "source": "https://www.uktech.news/ai/global-screening-services-funding-20230123" } ], "money": [ { "kind": "funding_round", "amount": 37000000, "currency": "GBP", "date": "2023-01-23", "detail": "from AlixPartners, The Cynosure Group and MUFG", "raw": "funding_round: 37000000 GBP 2023-01-23 — from AlixPartners, The Cynosure Group and MUFG", "amount_gbp": 37000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£37m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "AI implementation" ], "sectors": [ "sanctions screening", "payments" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Cloud software that uses AI to screen banks' payment data against public and private sanctions lists.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ai/global-screening-services-funding-20230123" ], "source_quotes": [ { "url": "https://www.uktech.news/ai/global-screening-services-funding-20230123", "quotes": [ "has secured £37m in funding", "CEO Tom Scampion", "founded in 2021" ], "accessed": "2026-10-29", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "sanctions screening", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "AlixPartners" }, { "kind": "funded_by", "name": "The Cynosure Group" }, { "kind": "funded_by", "name": "MUFG" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-010", "name": "Aveni", "bucket": "co", "status": "active", "status_date": "2026-06-04", "status_detail": "Raised £12m led by PXN Ventures, announced 4 June 2026.", "one_line": "Builds language models and AI tools that check advice calls and documents in wealth management, financial advice and banking, including tools to monitor AI agents.", "description": "Aveni is a University of Edinburgh start-up launched in 2018 with Edinburgh Innovations, based at the Edinburgh Futures Institute. Professor Lexi Birch is co-founder and chief scientist and Joseph Twigg is chief executive. It builds AI products for financial firms and a sector model, FinLLM. It raised an £11m Series A led by Puma Private Equity with Lloyds Banking Group and Nationwide in July 2024, and £12m led by PXN Ventures in June 2026, when it described a platform for monitoring the conduct of AI agents that deal with consumers. [Round 4, 30 Oct 2026] member_of: FCA Supercharged Sandbox, first cohort (wholesale and compliance innovation) [Round 4, 30 Oct 2026] member_of: Financial Regulation Innovation Lab responsible-AI challenge, August 2026 [Round 4, 30 Oct 2026] award shortlist: Finalist, Scottish Fintech Awards 2026: Fintech of the Year and RegTech Innovation", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "Edinburgh Futures Institute, Edinburgh", "postcode": null, "lat": null, "lng": null, "region": "Scotland" }, "people": [ { "name": "Joseph Twigg", "role": "CEO", "from": null, "source": "https://edinburgh-innovations.ed.ac.uk/news/fintech-startup-aveni-announces-12m-raise" }, { "name": "Lexi Birch", "role": "Co-founder and Chief Scientist", "from": "2018", "source": "https://edinburgh-innovations.ed.ac.uk/news/fintech-startup-aveni-announces-12m-raise" } ], "money": [ { "kind": "funding_round", "amount": 11000000, "currency": "GBP", "date": "2024-07-29", "detail": "Series A led by Puma Private Equity, with Lloyds Banking Group, Nationwide, ParEquity, Scottish Enterprise", "raw": "funding_round: 11000000 GBP 2024-07-29 — Series A led by Puma Private Equity, with Lloyds Banking Group, Nationwide, ParEquity, Scottish Enterprise", "amount_gbp": 11000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£11m", "gbp_txt": "" }, { "kind": "funding_round", "amount": 12000000, "currency": "GBP", "date": "2026-06-04", "detail": "led by PXN Ventures", "raw": "funding_round: 12000000 GBP 2026-06-04 — led by PXN Ventures", "amount_gbp": 12000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£12m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "AI development and training", "AI security and assurance" ], "sectors": [ "wealth management", "financial advice", "compliance" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Builds language models and AI tools that check advice calls and documents in wealth management, financial advice and banking, including tools to monitor AI agents.", "affiliation": "Start-ups", "sources": [ "https://edinburgh-innovations.ed.ac.uk/news/fintech-startup-aveni-announces-12m-raise", "https://aveni.ai/blog/aveni-secures-11m-investment/", "https://www.digit.fyi/digit-deal-roundup-june-2026/", "https://www.fca.org.uk/firms/innovation/ai-lab", "https://www.fintechscotland.com/meet-the-fintechs-driving-responsible-ai-innovation-in-financial-services/", "https://www.fintechscotland.com/scottish-fintech-awards-2026-finalists-revealed/" ], "source_quotes": [ { "url": "https://edinburgh-innovations.ed.ac.uk/news/fintech-startup-aveni-announces-12m-raise", "quotes": [ "04 Jun 2026", "£12 million", "a leading AI specialist in wealth management, financial advice and banking" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://aveni.ai/blog/aveni-secures-11m-investment/", "quotes": [ "small, highly tuned language models, trained on financial services data\" (dateline 29 July 2024; £11m Series A led by Puma Private Equity)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.digit.fyi/digit-deal-roundup-june-2026/", "quotes": [ "the UK's leading AI fintech specialist in wealth management, financial advice and banking", "£12m led by PXN Ventures" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://www.fca.org.uk/firms/innovation/ai-lab", "quotes": [ "Accepted firms – first cohort", "Aveni" ], "accessed": "2026-10-30", "trade": false, "amendment": false }, { "url": "https://www.fintechscotland.com/meet-the-fintechs-driving-responsible-ai-innovation-in-financial-services/", "quotes": [ "Aveni is an AI platform for regulated financial services." ], "accessed": "2026-10-30", "trade": false, "amendment": false }, { "url": "https://www.fintechscotland.com/scottish-fintech-awards-2026-finalists-revealed/", "quotes": [ "The finalists for the Scottish Financial Technology Awards 2026 have been announced" ], "accessed": "2026-10-30", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "AI development and training", "AI security and assurance" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "wealth management", "div": "finance" } ], "div_label": "Finance", "location": "Edinburgh Futures Institute, Edinburgh", "status_group": "active", "ext_links": [ { "kind": "linked from: works_at", "id": "BIZ-TAL-137", "name": "Joseph Twigg", "page": "talent", "href": "../../talent/#org=BIZ-TAL-137", "page_label": "Talent" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-138", "name": "Lexi Birch", "page": "talent", "href": "../../talent/#org=BIZ-TAL-138", "page_label": "Talent" }, { "kind": "linked from: founder_of", "id": "BIZ-TAL-138", "name": "Lexi Birch", "page": "talent", "href": "../../talent/#org=BIZ-TAL-138", "page_label": "Talent" } ], "label_links": [ { "kind": "spun_out_of", "name": "University of Edinburgh (current academic post)" }, { "kind": "funded_by", "name": "Puma Private Equity" }, { "kind": "funded_by", "name": "PXN Ventures" }, { "kind": "funded_by", "name": "Lloyds Banking Group" }, { "kind": "funded_by", "name": "Nationwide" }, { "kind": "funded_by", "name": "Scottish Enterprise" }, { "kind": "funded_by", "name": "Old College Capital" }, { "kind": "member_of", "name": "FCA Supercharged Sandbox, first cohort" }, { "kind": "member_of", "name": "Financial Regulation Innovation Lab responsible-AI challenge, August 2026" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-011", "name": "Ripjar", "bucket": "co", "status": "active", "status_date": "2026-10-29", "status_detail": "Its own site names Matt Mills as chief executive, appointed in 2026; Long Ridge Equity Partners led its US$36.8m Series B in 2021.", "one_line": "Software that screens customers and payments against watchlists and adverse news and helps investigators trace financial crime, built by former GCHQ staff.", "description": "Ripjar was founded in 2013 by five former GCHQ staff and is based at Eagle Tower, Cheltenham. It sells screening, adverse-media monitoring and investigation software, including its Labyrinth platform, to more than 400 organisations; a local news report on the Series B said its Labyrinth platform uses AI and cuts false positives by more than 90 per cent. Long Ridge Equity Partners led a US$36.8m Series B (with Winton and Accenture as earlier backers), taking total funding past US$60m. Its site says Matt Mills became chief executive in 2026; the 2021 chief executive was Jeremy Annis.", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "Eagle Tower, Cheltenham", "postcode": null, "lat": null, "lng": null, "region": "England: South West" }, "people": [ { "name": "Matt Mills", "role": "CEO", "from": "2026", "source": "https://ripjar.com/?p=20" }, { "name": "Jeremy Annis", "role": "CEO (2021)", "from": null, "source": "https://www.punchline-gloucester.com/articles/aanews/cheltenham-tech-firm-secures-36-8m-funding-package" } ], "money": [ { "kind": "funding_round", "amount": 36800000, "currency": "USD", "date": "2021", "detail": "Series B led by Long Ridge Equity Partners (date not on page; Ripjar's site gives 2021)", "raw": "funding_round: 36800000 USD 2021 — Series B led by Long Ridge Equity Partners (date not on page; Ripjar's site gives 2021)", "amount_gbp": 26961682, "fx_rate": 1.3649, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3649 per £ on 2020-12-31", "fx_date": "2020-12-31", "fx_note": "year only given: rate for 1 January", "txt": "US$36.8m", "gbp_txt": "£27m" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "Knowledge generation" ], "sectors": [ "financial crime", "screening", "intelligence" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Software that screens customers and payments against watchlists and adverse news and helps investigators trace financial crime, built by former GCHQ staff.", "affiliation": "Start-ups", "sources": [ "https://ripjar.com/?p=20", "https://www.punchline-gloucester.com/articles/aanews/cheltenham-tech-firm-secures-36-8m-funding-package" ], "source_quotes": [ { "url": "https://ripjar.com/?p=20", "quotes": [ "GCHQ veterans", "UK-based financial crime compliance technology company", "CEO Matt Mills appointed in 2026" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.punchline-gloucester.com/articles/aanews/cheltenham-tech-firm-secures-36-8m-funding-package", "quotes": [ "$36.8m Series B funding", "Jeremy Annis, CEO of Ripjar", "Eagle Tower, Cheltenham" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "Knowledge generation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "financial crime", "div": "finance" } ], "div_label": "Finance", "location": "Eagle Tower, Cheltenham", "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-SVC-002", "name": "Accenture UK (Data and AI practice)", "page": "services", "href": "../../services/#org=BIZ-SVC-002", "page_label": "Services and skills" } ], "label_links": [ { "kind": "funded_by", "name": "Long Ridge Equity Partners" }, { "kind": "funded_by", "name": "Winton Capital" }, { "kind": "partner_of", "name": "Dow Jones" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-012", "name": "Fifth Dimension", "bucket": "co", "status": "active", "status_date": "2026-05-12", "status_detail": "Raised a US$26m (£19.2m) Series A led by HV Capital, reported 12 May 2026.", "one_line": "Software that pulls together property and market data and uses AI agents to analyse it, flag risks and prepare investment decisions for real-asset investors.", "description": "Fifth Dimension is a London company building a \"decision intelligence\" platform for real-asset investment. It combines institutional and market data and uses agentic AI to analyse data, flag risks and prepare decisions, connecting to systems such as Yardi, Dealpath and SharePoint. UKTN reported a US$26m Series A led by HV Capital in May 2026. Founders were not named on the page opened.", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [], "money": [ { "kind": "funding_round", "amount": 26000000, "currency": "USD", "date": "2026-05-12", "detail": "Series A led by HV Capital", "raw": "funding_round: 26000000 USD 2026-05-12 — Series A led by HV Capital", "amount_gbp": 19223660, "fx_rate": 1.3525, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3525 per £ on 2026-05-12", "fx_date": "2026-05-12", "fx_note": "", "txt": "US$26m", "gbp_txt": "£19.2m" } ], "site": null, "product": null, "dsit_domains": [ "Autonomous and agent systems", "Knowledge generation" ], "sectors": [ "real-asset investment", "property" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Software that pulls together property and market data and uses AI agents to analyse it, flag risks and prepare investment decisions for real-asset investors.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ai/fifth-dimension-raises-19-2m-to-scale-its-decision-intelligence-platform-20260512" ], "source_quotes": [ { "url": "https://www.uktech.news/ai/fifth-dimension-raises-19-2m-to-scale-its-decision-intelligence-platform-20260512", "quotes": [ "$26m (£19.2m)", "HV Capital led the round" ], "accessed": "2026-10-29", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Autonomous and agent systems", "Knowledge generation" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "real-asset investment", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [ { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2023", "name": "Anthemis", "page": "investors", "href": "../../investors/#org=BIZ-INV-2023", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2023", "name": "Anthemis", "page": "investors", "href": "../../investors/#org=BIZ-INV-2023", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2129", "name": "HV Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2129", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2129", "name": "HV Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2129", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2205", "name": "Prudence", "page": "investors", "href": "../../investors/#org=BIZ-INV-2205", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2205", "name": "Prudence", "page": "investors", "href": "../../investors/#org=BIZ-INV-2205", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2234", "name": "Speedinvest", "page": "investors", "href": "../../investors/#org=BIZ-INV-2234", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2234", "name": "Speedinvest", "page": "investors", "href": "../../investors/#org=BIZ-INV-2234", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-205", "name": "Mercia (Mercia Ventures, Mercia Asset Management PLC)", "page": "investors", "href": "../../investors/#org=BIZ-INV-205", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-205", "name": "Mercia (Mercia Ventures, Mercia Asset Management PLC)", "page": "investors", "href": "../../investors/#org=BIZ-INV-205", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-032", "name": "MMC Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-032", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-032", "name": "MMC Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-032", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-202", "name": "Seedcamp", "page": "investors", "href": "../../investors/#org=BIZ-INV-202", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-202", "name": "Seedcamp", "page": "investors", "href": "../../investors/#org=BIZ-INV-202", "page_label": "Investors" } ], "label_links": [ { "kind": "funded_by", "name": "HV Capital" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-013", "name": "Flagright", "bucket": "co", "status": "active", "status_date": "2026-06-18", "status_detail": "Raised a US$12.5m (£9.3m) Series A with Infinity Ventures and Sella Direct Ventures, reported 18 June 2026.", "one_line": "Software that brings transaction monitoring, watchlist screening and investigations for financial-crime compliance into one AI system.", "description": "Flagright describes itself as \"an AI operating system for financial crime compliance\". Its co-founder and chief executive is Baran Ozkan; Y Combinator and Frontline are earlier backers. UKTN's weekly round-up of 19 June 2026 lists it as London-headquartered, while the article on the round does not state a headquarters. Treat the UK headquarters as needing confirmation. [Round 4, 30 Oct 2026] place: London", "uk_status": "uk", "company": { "ch_number": "16218625", "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "16218625", "from_round2": true, "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/16218625", "ch_note": null }, "place": { "text": "London (per UKTN round-up)", "postcode": "W1W 5PF", "lat": 51.521673, "lng": -0.143705, "region": "England: London", "admin_district": "Westminster", "geocoded": "postcodes.io" }, "people": [ { "name": "Baran Ozkan", "role": "Co-founder and CEO", "from": null, "source": "https://www.uktech.news/ai/flagright-raises-9-3m-to-boost-ai-system-for-financial-crime-compliance-20260618" }, { "name": "Baran Ozkan", "role": "Co-founder and CEO", "from": null, "source": "https://www.uktech.news/ai/flagright-raises-9-3m-to-boost-ai-system-for-financial-crime-compliance-20260618", "round4": true } ], "money": [ { "kind": "funding_round", "amount": 12500000, "currency": "USD", "date": "2026-06-18", "detail": "Series A with Infinity Ventures and Sella Direct Ventures; Frontline and Y Combinator also took part", "raw": "funding_round: 12500000 USD 2026-06-18 — Series A with Infinity Ventures and Sella Direct Ventures; Frontline and Y Combinator also took part", "amount_gbp": 9431827, "fx_rate": 1.3253, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3253 per £ on 2026-06-18", "fx_date": "2026-06-18", "fx_note": "", "txt": "US$12.5m", "gbp_txt": "£9.4m" } ], "site": null, "product": null, "dsit_domains": [ "AI implementation", "Autonomous and agent systems" ], "sectors": [ "financial crime", "transaction monitoring" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": [ { "from": "Part 2.4", "field": "company / uk_status note", "text": "Flagright Ltd (16218625), incorporated 2025-01-30, registered office 167-169 Great Portland Street, 5th Floor, London, W1W 5PF. A UK company exists but was incorporated in 2025, after the business started; UK headquarters is still not confirmed by a primary page. Keep uk_status flagged for checking." } ], "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Software that brings transaction monitoring, watchlist screening and investigations for financial-crime compliance into one AI system.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ai/flagright-raises-9-3m-to-boost-ai-system-for-financial-crime-compliance-20260618", "https://www.uktech.news/funding/uk-tech-funding-roundup-conduct-flagright-20260619", "https://find-and-update.company-information.service.gov.uk/company/16218625", "https://find-and-update.company-information.service.gov.uk/search?q=flagright" ], "source_quotes": [ { "url": "https://www.uktech.news/ai/flagright-raises-9-3m-to-boost-ai-system-for-financial-crime-compliance-20260618", "quotes": [ "an AI operating system for financial crime compliance", "$12.5m (£9.3m)" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://www.uktech.news/funding/uk-tech-funding-roundup-conduct-flagright-20260619", "quotes": [ "Flagright, £9.3m, Series A, London, \"AI operating system for financial crime compliance" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/16218625", "quotes": [ "FLAGRIGHT LTD", "167-169 Great Portland Street, 5th Floor, London, England, W1W 5PF", "Active", "30 January 2025" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/search?q=flagright", "quotes": [ "FLAGRIGHT LTD", "16218625", "Incorporated on 30 January 2025" ], "accessed": "2026-10-29", "trade": false, "amendment": true } ], "website": [], "colleges": [], "topics": [ "AI implementation", "Autonomous and agent systems" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "financial crime", "div": "finance" } ], "div_label": "Finance", "location": "London (per UKTN round-up)", "status_group": "active", "ext_links": [ { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2106", "name": "Frontline", "page": "investors", "href": "../../investors/#org=BIZ-INV-2106", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2106", "name": "Frontline", "page": "investors", "href": "../../investors/#org=BIZ-INV-2106", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2133", "name": "Infinity Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-2133", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2133", "name": "Infinity Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-2133", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2228", "name": "Sella Direct Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-2228", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2228", "name": "Sella Direct Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-2228", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2264", "name": "Y Combinator", "page": "investors", "href": "../../investors/#org=BIZ-INV-2264", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2264", "name": "Y Combinator", "page": "investors", "href": "../../investors/#org=BIZ-INV-2264", "page_label": "Investors" } ], "label_links": [ { "kind": "funded_by", "name": "Infinity Ventures" }, { "kind": "funded_by", "name": "Y Combinator" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-014", "name": "Tractable", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Latest press release 6 May 2026 (partnership with the insurer Foyer), after renewing its Covéa partnership on 1 April 2026. Companies House shows TRACTABLE LTD. as Active (checked 31 Oct 2026).", "one_line": "Uses computer vision to assess damage to cars and property from photographs so insurers and repairers can settle claims faster.", "description": "Tractable was incorporated in London in November 2014. It sells AI that estimates vehicle and property damage from images to insurers, repairers, dealers and fleet operators. Its 2026 releases cover partnerships with Covéa (France, 1 April) and Foyer (Luxembourg, 6 May). Earlier funding rounds and leadership changes in the leads file were not re-opened in this session.", "uk_status": "uk", "company": { "ch_number": "09315523", "registered_office": "71-75 Shelton Street, London, United Kingdom, WC2H 9JQ", "incorporated": "2014-11-18", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "09315523", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/09315523", "ch_note": null }, "place": { "text": "London (WC2H 9JQ)", "postcode": "WC2H 9JQ", "lat": 51.514897, "lng": -0.123615, "region": "England: London", "admin_district": "Camden", "geocoded": "postcodes.io" }, "people": [], "money": [], "site": null, "product": null, "dsit_domains": [ "Perceptual systems", "AI implementation" ], "sectors": [ "insurance claims", "motor", "property" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-tractable", "type": "Companies", "category": "finance", "function": "Uses computer vision to assess damage to cars and property from photographs so insurers and repairers can settle claims faster.", "affiliation": "Start-ups", "sources": [ "https://tractable.ai/press/", "https://tractable.ai/", "https://find-and-update.company-information.service.gov.uk/company/09315523" ], "source_quotes": [ { "url": "https://tractable.ai/press/", "quotes": [ "2026-05-06: Foyer and Tractable: AI for motor claims management", "2026-04-01: Covéa and Tractable renew their partnership" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://tractable.ai/", "quotes": [ "Driving the Future of Auto Appraisal with Intelligent Automation" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/09315523", "quotes": [ "TRACTABLE LTD.\" \"Active\" \"71-75 Shelton Street, London, United Kingdom, WC2H 9JQ\" \"18 November 2014" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Perceptual systems", "AI implementation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "insurance claims", "div": "finance" } ], "div_label": "Finance", "location": "London (WC2H 9JQ)", "status_group": "active", "ext_links": [ { "kind": "linked from: buys_from", "id": "BIZ-EST-071", "name": "Aviva and Tractable AI motor claims", "page": "established", "href": "../../established/#org=BIZ-EST-071", "page_label": "Established firms" } ], "label_links": [ { "kind": "partner_of", "name": "Covéa" }, { "kind": "partner_of", "name": "Foyer" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-015", "name": "Cleo", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Its company page lists the launch of Cleo 3.0 in July 2025 and a team of more than 500 across London, New York and San Francisco; no funding after the 2022 Series C was found. Companies House shows CLEO AI LTD. as Active (checked 31 Oct 2026).", "one_line": "A chatbot app that connects to a user's bank account and gives budgeting advice, savings nudges and small cash advances, mainly to US users.", "description": "Cleo was founded in London in January 2016 by Barney Hussey-Yeo, its chief executive; the UK company, Cleo AI Ltd, was incorporated in November 2015. It calls itself \"The world's first AI financial assistant\". Its own page lists a US$2.8m seed (2017), US$10m Series A (2018), US$44m Series B led by EQT Ventures (2020) and US$80m Series C led by Sofina (2022). TechCrunch reported in 2020 that 96% of its 4 million registered users were in the US. It integrated GPT models in November 2022 and launched Cleo 3.0, with voice, in July 2025. It reported 743,000 active paid subscribers in December 2024.", "uk_status": "uk", "company": { "ch_number": "09864205", "registered_office": "Fourth Floor The Gilbert, 40 Finsbury Square, London, United Kingdom, EC2A 1PX", "incorporated": "2015-11-09", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": "500+ (company page, 2026)", "ch_number_clean": "09864205", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/09864205", "ch_note": null }, "place": { "text": "London (EC2A 1PX)", "postcode": "EC2A 1PX", "lat": 51.520182, "lng": -0.086137, "region": "England: London", "admin_district": "Islington", "geocoded": "postcodes.io" }, "people": [ { "name": "Barney Hussey-Yeo", "role": "Founder and CEO", "from": "2016", "source": "https://web.meetcleo.com/company" } ], "money": [ { "kind": "funding_round", "amount": 44000000, "currency": "USD", "date": "2020-12-10", "detail": "Series B led by EQT Ventures, with Balderton, LocalGlobe and SBI", "raw": "funding_round: 44000000 USD 2020-12-10 — Series B led by EQT Ventures, with Balderton, LocalGlobe and SBI", "amount_gbp": 33145009, "fx_rate": 1.3275, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3275 per £ on 2020-12-10", "fx_date": "2020-12-10", "fx_note": "", "txt": "US$44m", "gbp_txt": "£33.1m" }, { "kind": "funding_round", "amount": 80000000, "currency": "USD", "date": "2022", "detail": "Series C led by Sofina (company page; exact date not given)", "raw": "funding_round: 80000000 USD 2022 — Series C led by Sofina (company page; exact date not given)", "amount_gbp": 59360392, "fx_rate": 1.3477, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3477 per £ on 2021-12-31", "fx_date": "2021-12-31", "fx_note": "year only given: rate for 1 January", "txt": "US$80m", "gbp_txt": "£59.4m" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "Autonomous and agent systems" ], "sectors": [ "consumer finance", "budgeting", "credit" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-cleo", "type": "Companies", "category": "finance", "function": "A chatbot app that connects to a user's bank account and gives budgeting advice, savings nudges and small cash advances, mainly to US users.", "affiliation": "Start-ups", "sources": [ "https://web.meetcleo.com/company", "https://techcrunch.com/?p=2085228", "https://find-and-update.company-information.service.gov.uk/company/09864205" ], "source_quotes": [ { "url": "https://web.meetcleo.com/company", "quotes": [ "The world's first AI financial assistant", "a 500+ person team across London, New York, and San Francisco", "Cleo's founder and CEO" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://techcrunch.com/?p=2085228", "quotes": [ "has raised $44 million in Series B funding", "the London-founded 'financial assistant'\" (December 10, 2020)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/09864205", "quotes": [ "CLEO AI LTD.\" \"Active\" \"Fourth Floor The Gilbert, 40 Finsbury Square, London, United Kingdom, EC2A 1PX\" \"9 November 2015" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "Autonomous and agent systems" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "consumer finance", "div": "finance" } ], "div_label": "Finance", "location": "London (EC2A 1PX)", "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-INV-067", "name": "EQT Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-067", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-010", "name": "Balderton Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-010", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-036", "name": "LocalGlobe", "page": "investors", "href": "../../investors/#org=BIZ-INV-036", "page_label": "Investors" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-134", "name": "Barney Hussey-Yeo", "page": "talent", "href": "../../talent/#org=BIZ-TAL-134", "page_label": "Talent" }, { "kind": "linked from: founder_of", "id": "BIZ-TAL-134", "name": "Barney Hussey-Yeo", "page": "talent", "href": "../../talent/#org=BIZ-TAL-134", "page_label": "Talent" } ], "label_links": [ { "kind": "funded_by", "name": "Sofina" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-016", "name": "iProov", "bucket": "co", "status": "active", "status_date": "2026-10-22", "status_detail": "On 22 October 2026 launched a human-authorisation service for AI agent gateways; on 20 October 2026 said it would test GOV.UK Wallet credential checks.", "one_line": "Face-verification software that checks a person online is real, is the right person and is present, to defeat deepfakes and spoofing.", "description": "iProov Ltd was incorporated in November 2011 and is based at 10 York Road, London; Andrew Bud is founder and chief executive. Its face biometrics are used by governments and banks; customers named in March 2026 include US Customs and Border Protection, the UK Home Office (port trials) and Thirdfort. It said it passed one million daily transactions in 2025. Its last funding news is US$70m from Sumeru Equity Partners (6 January 2022). In 2026 it published work on verifying human approval of AI agents' actions (HAPS, 17 September) and launched a service for agent gateways (22 October).", "uk_status": "uk", "company": { "ch_number": "07866563", "registered_office": "14, Bank Chambers 25, Jermyn Street, London, England, SW1Y 6HR", "incorporated": "2011-11-30", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "07866563", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/07866563", "ch_note": null }, "place": { "text": "10 York Road, London (SE1 7ND)", "postcode": "SE1 7ND", "lat": 51.503492, "lng": -0.11564, "region": "England: London", "admin_district": "Lambeth", "geocoded": "postcodes.io" }, "people": [ { "name": "Andrew Bud", "role": "Founder and CEO", "from": null, "source": "https://www.iproov.com/press/1-million-daily-transactions-deepfakes-redefine-enterprise-attack-surface" } ], "money": [ { "kind": "funding_round", "amount": 70000000, "currency": "USD", "date": "2022-01-06", "detail": "investment from Sumeru Equity Partners", "raw": "funding_round: 70000000 USD 2022-01-06 — investment from Sumeru Equity Partners", "amount_gbp": 51748355, "fx_rate": 1.3527, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3527 per £ on 2022-01-06", "fx_date": "2022-01-06", "fx_note": "", "txt": "US$70m", "gbp_txt": "£51.7m" } ], "site": null, "product": null, "dsit_domains": [ "Perceptual systems", "AI security and assurance" ], "sectors": [ "identity verification", "biometrics", "deepfake defence" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-iproov", "type": "Companies", "category": "finance", "function": "Face-verification software that checks a person online is real, is the right person and is present, to defeat deepfakes and spoofing.", "affiliation": "Start-ups", "sources": [ "https://www.iproov.com/press", "https://www.iproov.com/press/1-million-daily-transactions-deepfakes-redefine-enterprise-attack-surface", "https://find-and-update.company-information.service.gov.uk/company/07866563" ], "source_quotes": [ { "url": "https://www.iproov.com/press", "quotes": [ "October 22, 2026 human authorisation service for AI agent gateways; October 20, 2026 GOV.UK Wallet sandbox; January 6, 2022 \"$70M investment from Sumeru Equity Partners" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.iproov.com/press/1-million-daily-transactions-deepfakes-redefine-enterprise-attack-surface", "quotes": [ "surpassed one million daily transactions in 2025\" (March 4, 2026)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/07866563", "quotes": [ "IPROOV LIMITED\" \"Active\" \"30 November 2011" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Perceptual systems", "AI security and assurance" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "identity verification", "div": "finance" } ], "div_label": "Finance", "location": "10 York Road, London (SE1 7ND)", "status_group": "active", "ext_links": [ { "kind": "supplies_government", "id": null, "name": "THE HOME OFFICE AI UNIVERSE", "page": "government", "href": "../../../government/home-office/", "page_label": "UK Government AI Universe" }, { "kind": "linked from: works_at", "id": "BIZ-TAL-135", "name": "Andrew Bud", "page": "talent", "href": "../../talent/#org=BIZ-TAL-135", "page_label": "Talent" }, { "kind": "linked from: founder_of", "id": "BIZ-TAL-135", "name": "Andrew Bud", "page": "talent", "href": "../../talent/#org=BIZ-TAL-135", "page_label": "Talent" }, { "kind": "linked from: same_as", "id": "BIZ-SAFE-015", "name": "iProov", "page": "assurance", "href": "../../assurance/#org=BIZ-SAFE-015", "page_label": "Assurance" } ], "label_links": [ { "kind": "funded_by", "name": "Sumeru Equity Partners" } ], "degree": 1, "related_ids": [ "BIZ-SU-FIN-030" ] }, { "id": "BIZ-SU-FIN-017", "name": "Yoti", "bucket": "co", "status": "active", "status_date": "2026-09-15", "status_detail": "Digital ID became accepted for alcohol sales in England and Wales from 15 September 2026; Yoti reported 2025 revenue of £29.0m and EBITDA profit every month since March 2025.", "one_line": "Runs a digital identity app and sells identity and age checks, including AI that estimates a person's age from a selfie.", "description": "Yoti was co-founded in 2014 by chief executive Robin Tombs and is registered at One Aldgate, London. It sells facial age estimation (its current model is \"yoti-004\"), liveness checks and a reusable digital ID, and runs the Post Office EasyID app with the Post Office. In January 2026 Tombs reported 2025 revenue up 62% to £29.0m (2024: £17.9m) and monthly EBITDA profit since March 2025. In May 2026 he said Yoti was on track for more than 400 million age checks in 2026. HSBC provided £20m of debt funding in January 2024 (press archive). From 15 September 2026 pubs and shops in England and Wales can accept digital ID for alcohol. [Round 4, 30 Oct 2026] SAFETY & ASSURANCE: Age and identity checks, including AI that estimates a person's age from their face; OSTIA member.", "uk_status": "uk", "company": { "ch_number": "08998951", "registered_office": "One, Aldgate, London, England, EC3N 1RE", "incorporated": "2014-04-15", "legal_form": "ltd", "owner_or_acquirer": "Yoti Holding Ltd (09537047, same address; relationship as listed, not checked)", "headcount": null, "ch_number_clean": "08998951", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/08998951", "ch_note": null }, "place": { "text": "One Aldgate, London (EC3N 1RE)", "postcode": "EC3N 1RE", "lat": 51.513262, "lng": -0.077073, "region": "England: London", "admin_district": "City of London", "geocoded": "postcodes.io" }, "people": [ { "name": "Robin Tombs", "role": "Co-founder and CEO", "from": "2014", "source": "https://www.uktech.news/podcast/podcast-yoti-robin-tombs-20240903" } ], "money": [ { "kind": "revenue", "amount": 29000000, "currency": "GBP", "date": "2025-12-31", "detail": "2025 revenue, company-stated", "raw": "revenue: 29000000 GBP 2025-12-31 — 2025 revenue, company-stated", "amount_gbp": 29000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£29m", "gbp_txt": "" }, { "kind": "revenue", "amount": 17900000, "currency": "GBP", "date": "2024-12-31", "detail": "2024 revenue, company-stated", "raw": "revenue: 17900000 GBP 2024-12-31 — 2024 revenue, company-stated", "amount_gbp": 17900000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£17.9m", "gbp_txt": "" }, { "kind": "funding_round", "amount": 20000000, "currency": "GBP", "date": "2024-01-10", "detail": "debt funding backed by HSBC (headline in Yoti press archive)", "raw": "funding_round: 20000000 GBP 2024-01-10 — debt funding backed by HSBC (headline in Yoti press archive)", "amount_gbp": 20000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£20m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Perceptual systems", "AI security and assurance" ], "sectors": [ "identity", "age assurance", "online safety" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-yoti", "type": "Companies", "category": "finance", "function": "Runs a digital identity app and sells identity and age checks, including AI that estimates a person's age from a selfie.", "affiliation": "Start-ups", "sources": [ "https://www.yoti.com/blog/thoughts-from-our-ceo-january-2026/", "https://www.yoti.com/blog/thoughts-from-our-ceo-may-2026/", "https://www.yoti.com/press/archive/", "https://find-and-update.company-information.service.gov.uk/search?q=yoti", "https://www.uktech.news/podcast/podcast-yoti-robin-tombs-20240903", "https://ostia.org.uk/member-directory-2/" ], "source_quotes": [ { "url": "https://www.yoti.com/blog/thoughts-from-our-ceo-january-2026/", "quotes": [ "yoti-004", "2025 revenue £29.0 million, up 62% from £17.9 million; EBITDA profitable every month since March 2025 (January 30, 2026)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.yoti.com/blog/thoughts-from-our-ceo-may-2026/", "quotes": [ "on track for over 400 million age checks in 2026; \"proceed with the introduction of Digital ID\" (May 28, 2026)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.yoti.com/press/archive/", "quotes": [ "Pubs and shops can now accept digital ID for alcohol purchases in England and Wales\" (September 15, 2026)", "HSBC backs digital ID firm Yoti in £20m debt funding\" (January 10, 2024)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/search?q=yoti", "quotes": [ "YOTI LTD\" 08998951 \"Incorporated on 15 April 2014\" \"One, Aldgate, London, England, EC3N 1RE" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.uktech.news/podcast/podcast-yoti-robin-tombs-20240903", "quotes": [ "Yoti co-founder and CEO Robin Tombs", "develops age verification and digital ID technology" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://ostia.org.uk/member-directory-2/", "quotes": [ "offers age and identity verification technologies, including AI-based age estimation of human faces" ], "accessed": "2026-10-30", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Perceptual systems", "AI security and assurance" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "identity", "div": "finance" } ], "div_label": "Finance", "location": "One Aldgate, London (EC3N 1RE)", "status_group": "active", "ext_links": [ { "kind": "member_of", "id": "BIZ-SAFE-2079", "name": "Online Safety Tech Industry Association (OSTIA)", "page": "safety", "href": "../../safety/#org=BIZ-SAFE-2079", "page_label": "Safety" } ], "label_links": [ { "kind": "funded_by", "name": "HSBC" }, { "kind": "partner_of", "name": "Post Office" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-018", "name": "Callsign", "bucket": "co", "status": "active", "status_date": null, "status_detail": "Companies House lists Callsign Ltd. as active; no news, funding or leadership from 2017 onwards was opened in this session.", "one_line": "Software that checks who is logging in to a bank or other service by analysing how they type, swipe and move (per earlier research; not re-verified).", "description": "Callsign Ltd. was incorporated in June 2010 as E-Eligibility Ventures and renamed in August 2011; its registered office is 138 Cheapside, London. Companies House lists it as active with software development as its business. The leads file described a US$35m Series A in 2017 led by Accel and PTB Ventures, but no source for that could be opened in this session, so it is not recorded as a fact.", "uk_status": "uk", "company": { "ch_number": "07277719", "registered_office": "138 Cheapside 2nd Floor, London, England, EC2V 6BJ", "incorporated": "2010-06-08", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "07277719", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/07277719", "ch_note": null }, "place": { "text": "London (EC2V 6BJ)", "postcode": "EC2V 6BJ", "lat": 51.51452, "lng": -0.095771, "region": "England: London", "admin_district": "City of London", "geocoded": "postcodes.io" }, "people": [], "money": [], "site": null, "product": null, "dsit_domains": [ "AI security and assurance", "Perceptual systems" ], "sectors": [ "identity", "authentication", "fraud" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-callsign", "type": "Companies", "category": "finance", "function": "Software that checks who is logging in to a bank or other service by analysing how they type, swipe and move (per earlier research; not re-verified).", "affiliation": "Start-ups", "sources": [ "https://find-and-update.company-information.service.gov.uk/company/07277719", "https://find-and-update.company-information.service.gov.uk/company/07277719" ], "source_quotes": [ { "url": "https://find-and-update.company-information.service.gov.uk/company/07277719", "quotes": [ "CALLSIGN LTD.\" \"Active\" \"138 Cheapside 2nd Floor, London, England, EC2V 6BJ\" \"8 June 2010\" \"E-ELIGIBILITY VENTURES LTD" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/07277719", "quotes": [ "CALLSIGN LTD.", "Active", "62012 - Business and domestic software development", "accounts for the period to 31 December 2025 \"due by 31 December 2026" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI security and assurance", "Perceptual systems" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "identity", "div": "finance" } ], "div_label": "Finance", "location": "London (EC2V 6BJ)", "status_group": "active", "ext_links": [], "label_links": [], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-019", "name": "Ravelin", "bucket": "co", "status": "acquired", "status_date": "2025-02-21", "status_detail": "Companies House lists Ravelin Technology Ltd as active; no news since 2020 was opened in this session.", "one_line": "Fraud-detection software that scores online payments and accounts so merchants can decide which orders to accept (per earlier research; not re-verified).", "description": "Ravelin Technology Ltd was incorporated in October 2014 with a registered office at 168-172 Old Street, London, and data processing as its business. Funding rounds in the leads file (seed 2015, Series B 2018, £16.4m Series C 2020) rest on pages not opened in this session and are not recorded as facts.", "uk_status": "uk", "company": { "ch_number": "09273460", "registered_office": "Bentima House, 168-172 Old Street, London, England, EC1V 9BP", "incorporated": "2014-10-21", "legal_form": "ltd", "owner_or_acquirer": "Worldpay International Group Limited", "headcount": null, "ch_number_clean": "09273460", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/09273460", "ch_note": null }, "place": { "text": "London (EC1V 9BP)", "postcode": "EC1V 9BP", "lat": 51.525171, "lng": -0.09044, "region": "England: London", "admin_district": "Islington", "geocoded": "postcodes.io" }, "people": [], "money": [], "site": null, "product": null, "dsit_domains": [ "AI implementation", "AI security and assurance" ], "sectors": [ "fraud", "payments", "e-commerce" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": [ { "from": "Companies House check, 29 Oct 2026", "field": "company owner_or_acquirer", "text": "company owner_or_acquirer → Worldpay International Group Limited (CH PSC, 75% or more of shares and votes, notified 21 February 2025) (reason: record has owner null and status active with no date; CH shows a change of control)" }, { "from": "Companies House check, 29 Oct 2026", "field": "status", "text": "status → acquired — status_date: 2025-02-21; status_detail → CH records Worldpay International Group Limited as owner of 75% or more of Ravelin Technology Ltd from 21 February 2025, when three new directors joined the board; Passion Capital's earlier stake is shown as ceased. No price found. (reason: CH PSC and officers)" } ], "held": [], "same_as": null, "package1_id": "biz-ravelin", "type": "Companies", "category": "finance", "function": "Fraud-detection software that scores online payments and accounts so merchants can decide which orders to accept (per earlier research; not re-verified).", "affiliation": "Start-ups", "sources": [ "https://find-and-update.company-information.service.gov.uk/company/09273460", "https://find-and-update.company-information.service.gov.uk/company/09273460/persons-with-significant-control", "https://find-and-update.company-information.service.gov.uk/company/09273460/officers" ], "source_quotes": [ { "url": "https://find-and-update.company-information.service.gov.uk/company/09273460", "quotes": [ "RAVELIN TECHNOLOGY LTD\" \"Active\" \"Bentima House, 168-172 Old Street, London, England, EC1V 9BP\" \"21 October 2014" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/09273460/persons-with-significant-control", "quotes": [ "Worldpay International Group Limited", "Ownership of shares – 75% or more", "notified \"21 February 2025" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/09273460/officers", "quotes": [ "DE MONTESSUS, Gabriel", "PATEL, Krunal", "WINSTEL, John\" Directors appointed \"21 February 2025\"; \"SWEENEY, Martin Hugh\" Director \"21 October 2014" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation", "AI security and assurance" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "fraud", "div": "finance" } ], "div_label": "Finance", "location": "London (EC1V 9BP)", "status_group": "acquired", "ext_links": [], "label_links": [], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-020", "name": "Sprout.ai", "bucket": "co", "status": "active", "status_date": "2021-05-05", "status_detail": "Last event opened: £8m Series A led by Octopus Ventures, 5 May 2021; status since then not verified.", "one_line": "Software for insurers that reads claim documents with AI and decides the next step, aiming to settle claims within 24 hours.", "description": "Sprout.ai was founded in 2018 at Imperial College London by Niels Thoné (chief executive in 2021) and Raphael Guth. It combines AI, natural-language processing and optical character recognition to process insurance claims. It raised an £8m Series A led by Octopus Ventures in May 2021. Amadeus Capital still lists it as a portfolio company. No later news or Companies House page was opened.", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Niels Thoné", "role": "CEO and co-founder", "from": "2018", "source": "https://tech.eu/brief/londons-sprout-raises-8-million-responds-to-global-demand-presses-forward-with-rd/" }, { "name": "Raphael Guth", "role": "Co-founder", "from": "2018", "source": null } ], "money": [ { "kind": "funding_round", "amount": 8000000, "currency": "GBP", "date": "2021-05-05", "detail": "Series A led by Octopus Ventures", "raw": "funding_round: 8000000 GBP 2021-05-05 — Series A led by Octopus Ventures", "amount_gbp": 8000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£8m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "Perceptual systems" ], "sectors": [ "insurance claims" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-sprout-ai", "type": "Companies", "category": "finance", "function": "Software for insurers that reads claim documents with AI and decides the next step, aiming to settle claims within 24 hours.", "affiliation": "Start-ups", "sources": [ "https://tech.eu/brief/londons-sprout-raises-8-million-responds-to-global-demand-presses-forward-with-rd/", "https://www.amadeuscapital.com/company/sprout-ai/" ], "source_quotes": [ { "url": "https://tech.eu/brief/londons-sprout-raises-8-million-responds-to-global-demand-presses-forward-with-rd/", "quotes": [ "London-based insurance platform", "Octopus Ventures led the £8m Series A (5 May 2021)" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://www.amadeuscapital.com/company/sprout-ai/", "quotes": [ "uses AI and deep search technology to automate and accelerate insurance claims", "Founded at Imperial College London" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "Perceptual systems" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "insurance claims", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-INV-201", "name": "Octopus Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-201", "page_label": "Investors" }, { "kind": "linked from: funds", "id": "BIZ-INV-201", "name": "Octopus Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-201", "page_label": "Investors" } ], "label_links": [ { "kind": "funded_by", "name": "Amadeus Capital Partners" }, { "kind": "spun_out_of", "name": "Imperial College London" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-021", "name": "Concirrus", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Last event opened: US$6m from CommerzVentures, 8 July 2020; status since then not verified. Companies House shows CONCIRRUS LTD as Active (checked 31 Oct 2026).", "one_line": "Analytics software that uses AI and machine learning to help specialty insurers price risks and manage portfolios.", "description": "Concirrus is a specialty insurance analytics company led in 2020 by chief executive Andrew Yeoman. Its Quest platform supports behaviour-based underwriting, pricing, portfolio management and predictive analytics, \"Using the latest advancements in AI and machine learning\". It raised a US$20m Series B led by AlbionVC and then US$6m from CommerzVentures (July 2020). The page opened does not state its headquarters; it is placed in London from UKTN's coverage, which needs confirming.", "uk_status": "uk", "company": { "ch_number": "07793895", "registered_office": "York House, Cottingley Business Park, Bradford, West Yorkshire, BD16 1PE", "incorporated": "2011-09-30", "legal_form": "ltd", "owner_or_acquirer": "Concirrus Holdings Limited", "headcount": null, "ch_number_clean": "07793895", "from_round2": true, "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/07793895", "ch_note": null }, "place": { "text": "registered office Bradford (BD16 1PE)", "postcode": "BD16 1PE", "lat": 53.833138, "lng": -1.822357, "region": null, "admin_district": "Bradford", "geocoded": "postcodes.io" }, "people": [ { "name": "Andrew Yeoman", "role": "CEO (2020)", "from": null, "source": "https://www.uktech.news/news/commerzventures-invests-6m-into-concirrus-20200707" } ], "money": [ { "kind": "funding_round", "amount": 6000000, "currency": "USD", "date": "2020-07-08", "detail": "from CommerzVentures", "raw": "funding_round: 6000000 USD 2020-07-08 — from CommerzVentures", "amount_gbp": 4763417, "fx_rate": 1.2596, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2596 per £ on 2020-07-08", "fx_date": "2020-07-08", "fx_note": "", "txt": "US$6m", "gbp_txt": "£4.8m" } ], "site": null, "product": null, "dsit_domains": [ "Knowledge generation", "AI implementation" ], "sectors": [ "insurance", "underwriting", "marine" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": [ { "from": "Part 2.4", "field": "company / status_detail", "text": "ch_number 07793895 \\| registered_office York House, Cottingley Business Park, Bradford, West Yorkshire, BD16 1PE \\| incorporated 2011-09-30 \\| legal_form ltd; Active, no insolvency notice; a parent, Concirrus Holdings Limited (14684528), was incorporated on 2023-02-23 at the same address. Registered office is in Bradford, so London headquarters remains unconfirmed; region should stay null until checked." }, { "from": "Companies House check, 29 Oct 2026", "field": "company.owner_or_acquirer", "text": "company.owner_or_acquirer → Concirrus Holdings Limited (England and Wales; 75% or more of votes since 6 March 2023); place → registered office Bradford (BD16 1PE) — the record's London trading address is not confirmed on a page opened" } ], "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Analytics software that uses AI and machine learning to help specialty insurers price risks and manage portfolios.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/news/commerzventures-invests-6m-into-concirrus-20200707", "https://find-and-update.company-information.service.gov.uk/company/07793895", "https://find-and-update.company-information.service.gov.uk/company/07793895/persons-with-significant-control", "https://find-and-update.company-information.service.gov.uk/search?q=concirrus" ], "source_quotes": [ { "url": "https://www.uktech.news/news/commerzventures-invests-6m-into-concirrus-20200707", "quotes": [ "Leading specialty analytics insurtech", "Using the latest advancements in AI and machine learning" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/07793895", "quotes": [ "CONCIRRUS LTD", "York House, Cottingley Business Park, Bradford, West Yorkshire, United Kingdom, BD16 1PE", "Active", "30 September 2011" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/07793895/persons-with-significant-control", "quotes": [ "Concirrus Holdings Limited", "Notified: 6 March 2023", "Ownership of voting rights - 75% or more" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/search?q=concirrus", "quotes": [ "CONCIRRUS HOLDINGS LIMITED", "14684528" ], "accessed": "2026-10-29", "trade": false, "amendment": true } ], "website": [], "colleges": [], "topics": [ "Knowledge generation", "AI implementation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "insurance", "div": "finance" } ], "div_label": "Finance", "location": "registered office Bradford (BD16 1PE)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "CommerzVentures" }, { "kind": "funded_by", "name": "AlbionVC" }, { "kind": "funded_by", "name": "IQ Capital" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-022", "name": "Intelligent AI", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Last event opened: £2m seed led by Superseed, 2 December 2022. Companies House shows INTELLIGENT AI LIMITED as Active (checked 31 Oct 2026).", "one_line": "Underwriting software for property insurers that builds a digital model of a building from satellite and other data to flag hazards.", "description": "Intelligent AI is an Exeter company founded by chief executive Anthony Peake. Its \"risk underwriting platform for property insurance providers\" builds a virtual replica of a property and applies AI to more than 300 data inputs, including satellite imagery. Superseed led a £2m seed round in December 2022, with the Cornwall & Isle of Scilly Investment Fund. Later status was not checked.", "uk_status": "uk", "company": { "ch_number": "12572147", "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "12572147", "from_round2": true, "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/12572147", "ch_note": null }, "place": { "text": "Exeter", "postcode": null, "lat": null, "lng": null, "region": "England: South West" }, "people": [ { "name": "Anthony Peake", "role": "Founder and CEO", "from": null, "source": "https://www.uktech.news/ai/intelligent-ai-seed-funding-20221202" } ], "money": [ { "kind": "funding_round", "amount": 2000000, "currency": "GBP", "date": "2022-12-02", "detail": "seed led by Superseed", "raw": "funding_round: 2000000 GBP 2022-12-02 — seed led by Superseed", "amount_gbp": 2000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£2m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Perceptual systems", "Knowledge generation" ], "sectors": [ "property insurance", "underwriting" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Underwriting software for property insurers that builds a digital model of a building from satellite and other data to flag hazards.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ai/intelligent-ai-seed-funding-20221202", "https://find-and-update.company-information.service.gov.uk/company/12572147" ], "source_quotes": [ { "url": "https://www.uktech.news/ai/intelligent-ai-seed-funding-20221202", "quotes": [ "£2m in seed funding", "Superseed led the round", "Exeter-based", "risk underwriting platform for property insurance providers" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/12572147", "quotes": [ "INTELLIGENT AI LIMITED", "Active", "24 April 2020", "accounts \"Last made up to 30 April 2026" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Perceptual systems", "Knowledge generation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "property insurance", "div": "finance" } ], "div_label": "Finance", "location": "Exeter", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "SuperSeed" }, { "kind": "funded_by", "name": "Cornwall & Isle of Scilly Investment Fund" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-023", "name": "Eunice", "bucket": "co", "status": "active", "status_date": "2026-03-25", "status_detail": "Raised US$8m (£6m) led by Moonfire Ventures and Speedinvest, reported 25 March 2026.", "one_line": "Uses AI agents to carry out due diligence on digital-asset investments for firms in regulated markets.", "description": "Eunice is a London company founded by chief executive Yi Luo. It describes itself as building \"due diligence infrastructure for regulated markets\", using AI agents to assess digital-asset trading decisions. Its US$8m round was led by Moonfire Ventures and Speedinvest. [Round 4, 30 Oct 2026] place: London", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Yi Luo", "role": "Founder and CEO", "from": null, "source": "https://www.uktech.news/fintech/ai-investment-due-diligence-platform-raises-6m-20260325" }, { "name": "Yi Luo", "role": "Founder and CEO", "from": null, "source": "https://www.uktech.news/fintech/ai-investment-due-diligence-platform-raises-6m-20260325", "round4": true } ], "money": [ { "kind": "funding_round", "amount": 8000000, "currency": "USD", "date": "2026-03-25", "detail": "led by Moonfire Ventures and Speedinvest", "raw": "funding_round: 8000000 USD 2026-03-25 — led by Moonfire Ventures and Speedinvest", "amount_gbp": 5982650, "fx_rate": 1.3372, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3372 per £ on 2026-03-25", "fx_date": "2026-03-25", "fx_note": "", "txt": "US$8m", "gbp_txt": "£6m" } ], "site": null, "product": null, "dsit_domains": [ "Autonomous and agent systems", "Knowledge generation" ], "sectors": [ "investment due diligence", "digital assets" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Uses AI agents to carry out due diligence on digital-asset investments for firms in regulated markets.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/fintech/ai-investment-due-diligence-platform-raises-6m-20260325" ], "source_quotes": [ { "url": "https://www.uktech.news/fintech/ai-investment-due-diligence-platform-raises-6m-20260325", "quotes": [ "$8m (£6m)", "led by Moonfire Ventures and Speedinvest", "London-based", "Yi Luo, founder and chief executive of Eunice" ], "accessed": "2026-10-29", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Autonomous and agent systems", "Knowledge generation" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "investment due diligence", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "Moonfire Ventures" }, { "kind": "funded_by", "name": "Speedinvest" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-024", "name": "Capsa AI", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Raised £1.7m led by Outward VC, reported 5 September 2024; later status not checked. Companies House shows CAPSA.AI LTD as Active (checked 31 Oct 2026).", "one_line": "AI software that does routine due-diligence work for private equity investors, such as building company profiles and reviewing contracts.", "description": "Capsa AI is based in King's Cross, London. It calls itself an \"AI operating system for private equity due diligence\", taking on tasks such as building company profiles, gathering financial data and reviewing customer contracts. Co-founder Danyal Özdüzenciler previously worked in private equity and investment banking. Outward VC led a £1.7m round in September 2024 with Cornerstone VC and Antler. [Round 4, 30 Oct 2026] place: London / New York", "uk_status": "uk", "company": { "ch_number": "15323501", "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "15323501", "from_round2": true, "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/15323501", "ch_note": null }, "place": { "text": "King's Cross, London", "postcode": "WC1X 9LP", "lat": 51.528143, "lng": -0.115761, "region": "England: London", "admin_district": "Camden", "geocoded": "postcodes.io" }, "people": [ { "name": "Danyal Özdüzenciler", "role": "Co-founder", "from": null, "source": "https://www.uktech.news/ai/capsa-ai-funding-20240905" } ], "money": [ { "kind": "funding_round", "amount": 1700000, "currency": "GBP", "date": "2024-09-05", "detail": "led by Outward VC", "raw": "funding_round: 1700000 GBP 2024-09-05 — led by Outward VC", "amount_gbp": 1700000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.7m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "Autonomous and agent systems" ], "sectors": [ "private equity", "due diligence" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "AI software that does routine due-diligence work for private equity investors, such as building company profiles and reviewing contracts.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ai/capsa-ai-funding-20240905", "https://find-and-update.company-information.service.gov.uk/search?q=capsa+ai", "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-physicsx-to-record-os-20260612", "https://find-and-update.company-information.service.gov.uk/company/15323501" ], "source_quotes": [ { "url": "https://www.uktech.news/ai/capsa-ai-funding-20240905", "quotes": [ "Kings Cross-based Capsa AI", "AI operating system for private equity due diligence" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/search?q=capsa+ai", "quotes": [ "CAPSA.AI LTD", "15323501", "Incorporated on 2 December 2023", "International House, 101 King's Cross Road, London, England, WC1X 9LP" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-physicsx-to-record-os-20260612", "quotes": [ "builds an AI operating system for private capital funds" ], "accessed": "2026-10-30", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/15323501", "quotes": [ "CAPSA.AI LTD | Company number 15323501 | Active" ], "accessed": "2026-10-31", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "Autonomous and agent systems" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "private equity", "div": "finance" } ], "div_label": "Finance", "location": "King's Cross, London", "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-TAL-193", "name": "Antler UK", "page": "talent", "href": "../../talent/#org=BIZ-TAL-193", "page_label": "Talent" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2035", "name": "Bek Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-2035", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2035", "name": "Bek Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-2035", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2071", "name": "Cornerstone VC", "page": "investors", "href": "../../investors/#org=BIZ-INV-2071", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2071", "name": "Cornerstone VC", "page": "investors", "href": "../../investors/#org=BIZ-INV-2071", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2194", "name": "Outward VC", "page": "investors", "href": "../../investors/#org=BIZ-INV-2194", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2194", "name": "Outward VC", "page": "investors", "href": "../../investors/#org=BIZ-INV-2194", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2201", "name": "Pivot Investment Partners", "page": "investors", "href": "../../investors/#org=BIZ-INV-2201", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2201", "name": "Pivot Investment Partners", "page": "investors", "href": "../../investors/#org=BIZ-INV-2201", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2254", "name": "TX Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-2254", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2254", "name": "TX Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-2254", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-TAL-193", "name": "Antler UK", "page": "talent", "href": "../../talent/#org=BIZ-TAL-193", "page_label": "Talent" }, { "kind": "funded_by", "id": "BIZ-TAL-193", "name": "Antler UK", "page": "talent", "href": "../../talent/#org=BIZ-TAL-193", "page_label": "Talent" } ], "label_links": [ { "kind": "funded_by", "name": "Outward VC" }, { "kind": "funded_by", "name": "Cornerstone VC" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-025", "name": "WiseWorks AI", "bucket": "co", "status": "active", "status_date": "2022-07-07", "status_detail": "Last event opened: US$1.2m (£1m) seed led by Veridian Ventures, 7 July 2022; later status not checked.", "one_line": "AI software that helps regulated financial firms record, monitor and report staff digital communications for compliance.", "description": "WiseWorks AI is a London company co-founded by chief executive Teoman Gonenc. Its AI helps regulated firms \"track, record, and report digital communications\" and automates monitoring and surveillance tasks. Veridian Ventures led an oversubscribed seed round in July 2022. [Round 4, 30 Oct 2026] place: London", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Teoman Gonenc", "role": "Co-founder and CEO", "from": null, "source": "https://www.uktech.news/ai/wiseworks-ai-funding-20220707" }, { "name": "Teoman Gonenc", "role": "Co-founder and CEO", "from": null, "source": "https://www.uktech.news/ai/wiseworks-ai-funding-20220707", "round4": true } ], "money": [ { "kind": "funding_round", "amount": 1200000, "currency": "USD", "date": "2022-07-07", "detail": "seed led by Veridian Ventures", "raw": "funding_round: 1200000 USD 2022-07-07 — seed led by Veridian Ventures", "amount_gbp": 999917, "fx_rate": 1.2001, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2001 per £ on 2022-07-07", "fx_date": "2022-07-07", "fx_note": "", "txt": "US$1.2m", "gbp_txt": "£999,917" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "AI implementation" ], "sectors": [ "compliance", "communications surveillance" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "AI software that helps regulated financial firms record, monitor and report staff digital communications for compliance.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ai/wiseworks-ai-funding-20220707" ], "source_quotes": [ { "url": "https://www.uktech.news/ai/wiseworks-ai-funding-20220707", "quotes": [ "track, record, and report digital communications", "seed led by Veridian Ventures" ], "accessed": "2026-10-29", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "AI implementation" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "compliance", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "Veridian Ventures" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-026", "name": "Clausematch", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Last event opened: US$10.8m (£8.7m) round led by Lytical Ventures with the Sony Innovation Fund, 14 June 2022; later status not checked. Companies House shows CLAUSEMATCH LTD as Active (checked 31 Oct 2026).", "one_line": "Regulatory-compliance software that uses AI to help firms manage internal policies and map them to regulations.", "description": "Clausematch is a London regtech company founded in 2012. It helps businesses with policy management and regulatory compliance and, per UKTN, \"uses artificial intelligence (AI) to help businesses automate policy management\". Lytical Ventures led a US$10.8m round in June 2022 with the Sony Innovation Fund and Flashpoint. Later ownership was not checked.", "uk_status": "uk", "company": { "ch_number": "08175056", "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "08175056", "from_round2": true, "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/08175056", "ch_note": null }, "place": { "text": "London", "postcode": "EC4N 6NP", "lat": 51.511893, "lng": -0.09235, "region": "England: London", "admin_district": "City of London", "geocoded": "postcodes.io" }, "people": [], "money": [ { "kind": "funding_round", "amount": 10800000, "currency": "USD", "date": "2022-06-14", "detail": "led by Lytical Ventures, with Sony Innovation Fund and Flashpoint", "raw": "funding_round: 10800000 USD 2022-06-14 — led by Lytical Ventures, with Sony Innovation Fund and Flashpoint", "amount_gbp": 8999250, "fx_rate": 1.2001, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2001 per £ on 2022-06-14", "fx_date": "2022-06-14", "fx_note": "", "txt": "US$10.8m", "gbp_txt": "£9m" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "AI implementation" ], "sectors": [ "regtech", "policy management" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Regulatory-compliance software that uses AI to help firms manage internal policies and map them to regulations.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/legal/sony-invests-clausematch-20220614", "https://find-and-update.company-information.service.gov.uk/company/08175056" ], "source_quotes": [ { "url": "https://www.uktech.news/legal/sony-invests-clausematch-20220614", "quotes": [ "uses artificial intelligence (AI) to help businesses automate policy management", "$10.8m (£8.7m)" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/08175056", "quotes": [ "CLAUSEMATCH LTD\" \"60 Cannon Street, London, England, EC4N 6NP\" \"Active\" \"10 August 2012" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "AI implementation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "regtech", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "Lytical Ventures" }, { "kind": "funded_by", "name": "Sony Innovation Fund" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-027", "name": "FNA", "bucket": "co", "status": "active", "status_date": "2019-08-01", "status_detail": "Last event opened: Series A led by IQ Capital, 1 August 2019 (reported as US$5.5m in the text and £4.5m in the headline); later status not checked.", "one_line": "Network analytics software that uses AI and machine learning to map financial systems and model risk scenarios for central banks and financial institutions.", "description": "FNA was founded in London in 2013 by Dr Kimmo Soramäki. It sells a \"network analytics, AI and machine learning platform\" that financial institutions use to chart payment and financial networks and to model operational and financial risk. IQ Capital led its Series A in August 2019 with GETTYLAB.", "uk_status": "uk", "company": { "ch_number": "08679188", "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "08679188", "from_round2": true, "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/08679188", "ch_note": null }, "place": { "text": "London (EC1V 9DD)", "postcode": "EC1V 9DD", "lat": 51.525894, "lng": -0.085162, "region": "England: London", "admin_district": "Islington", "geocoded": "postcodes.io" }, "people": [ { "name": "Kimmo Soramäki", "role": "Founder and CEO", "from": "2013", "source": "https://www.uktech.news/news/regtech-startup-fna-raises-4-5m-series-a-20190801" } ], "money": [ { "kind": "funding_round", "amount": 5500000, "currency": "USD", "date": "2019-08-01", "detail": "Series A led by IQ Capital (headline gives £4.5m)", "raw": "funding_round: 5500000 USD 2019-08-01 — Series A led by IQ Capital (headline gives £4.5m)", "amount_gbp": 4526004, "fx_rate": 1.2152, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2152 per £ on 2019-08-01", "fx_date": "2019-08-01", "fx_note": "", "txt": "US$5.5m", "gbp_txt": "£4.5m" } ], "site": null, "product": null, "dsit_domains": [ "Knowledge generation", "AI implementation" ], "sectors": [ "financial risk", "payments", "regtech" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": [ { "from": "Companies House check, 29 Oct 2026", "field": "place", "text": "place → London (EC1V 9DD) — region: England: London (was null)" } ], "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Network analytics software that uses AI and machine learning to map financial systems and model risk scenarios for central banks and financial institutions.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/news/regtech-startup-fna-raises-4-5m-series-a-20190801", "https://find-and-update.company-information.service.gov.uk/search/companies?q=fna+financial+network+analytics" ], "source_quotes": [ { "url": "https://www.uktech.news/news/regtech-startup-fna-raises-4-5m-series-a-20190801", "quotes": [ "network analytics, AI and machine learning platform", "IQ Capital led" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/search/companies?q=fna+financial+network+analytics", "quotes": [ "FINANCIAL NETWORK ANALYTICS LTD", "08679188", "Incorporated on 5 September 2013", "Albert House, 256-260 Old Street, London, England, EC1V 9DD" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Knowledge generation", "AI implementation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "financial risk", "div": "finance" } ], "div_label": "Finance", "location": "London (EC1V 9DD)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "IQ Capital" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-028", "name": "Xapien", "bucket": "co", "status": "active", "status_date": "2024-07-17", "status_detail": "Last event opened: £8m Series A led by YFM Equity Partners, 17 July 2024, taking total funding to £14m.", "one_line": "AI that reads the open internet and public records to produce background reports on companies and people for law firms and risk teams.", "description": "Xapien is a London due-diligence company led by co-founder and chief executive Chris Green. Its AI gathers information about companies and people from scattered online sources and writes reports in \"a few minutes rather than a few days\", positioned against the due-diligence services of Kroll, EY and Dow Jones. YFM Equity Partners led an £8m round in July 2024. A Companies House search for \"Xapien\" returned only Xapience Limited (10401884), which was not confirmed as the same business.", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Chris Green", "role": "Co-founder and CEO", "from": null, "source": "https://tech.eu/2024/07/17/ai-due-diligence-startup-bags-ps8m-and-says-it-will-benefit-from-londons-laundromat-status/" } ], "money": [ { "kind": "funding_round", "amount": 8000000, "currency": "GBP", "date": "2024-07-17", "detail": "Series A led by YFM Equity Partners", "raw": "funding_round: 8000000 GBP 2024-07-17 — Series A led by YFM Equity Partners", "amount_gbp": 8000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£8m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "Knowledge generation" ], "sectors": [ "due diligence", "risk intelligence", "legal" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": "biz-xapien", "type": "Companies", "category": "finance", "function": "AI that reads the open internet and public records to produce background reports on companies and people for law firms and risk teams.", "affiliation": "Start-ups", "sources": [ "https://tech.eu/2024/07/17/ai-due-diligence-startup-bags-ps8m-and-says-it-will-benefit-from-londons-laundromat-status/" ], "source_quotes": [ { "url": "https://tech.eu/2024/07/17/ai-due-diligence-startup-bags-ps8m-and-says-it-will-benefit-from-londons-laundromat-status/", "quotes": [ "London-based AI due diligence firm", "a few minutes rather than a few days" ], "accessed": "2026-10-29", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "Knowledge generation" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "due diligence", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "YFM Equity Partners" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-029", "name": "ETIQ", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Last event opened: £585,000 pre-seed from SFC Capital and Innovate UK grants, 28 January 2021; later status not checked. Companies House shows ETIQ AI LIMITED as Active (checked 31 Oct 2026).", "one_line": "Software that checks financial firms' data and AI models for bias and helps correct it.", "description": "ETIQ is a London start-up founded by Iris Anson and Raluca Crisan. Its cloud platform examines a company's data and models, flags possible bias and applies fixes, to \"help financial companies identify and eliminate bias within their AI algorithms\". It raised £585,000 in pre-seed funding (SFC Capital equity and Innovate UK grants) in January 2021. It may fit the Safety and assurance page better; the lead researcher should decide. [Round 4, 30 Oct 2026] alumni_of: Digital Catapult Machine Intelligence Garage cohort, June 2021 (as \"ETIQ AI\")", "uk_status": "uk", "company": { "ch_number": "11873281", "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "11873281", "from_round2": true, "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/11873281", "ch_note": null }, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Iris Anson", "role": "Co-founder", "from": null, "source": "https://www.uktech.news/news/this-female-led-uk-startup-raised-more-than-half-a-million-to-help-financial-companies-mitigate-biases-20210128" }, { "name": "Raluca Crisan", "role": "Co-founder", "from": null, "source": null } ], "money": [ { "kind": "funding_round", "amount": 585000, "currency": "GBP", "date": "2021-01-28", "detail": "pre-seed from SFC Capital and Innovate UK grants", "raw": "funding_round: 585000 GBP 2021-01-28 — pre-seed from SFC Capital and Innovate UK grants", "amount_gbp": 585000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£585,000", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "AI security and assurance" ], "sectors": [ "financial services", "model risk", "fairness" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Software that checks financial firms' data and AI models for bias and helps correct it.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/news/this-female-led-uk-startup-raised-more-than-half-a-million-to-help-financial-companies-mitigate-biases-20210128", "https://find-and-update.company-information.service.gov.uk/search/companies?q=ETIQ", "https://find-and-update.company-information.service.gov.uk/company/11873281/officers", "https://www.digicatapult.org.uk/about/press-releases/post/10-rising-ai-stars-join-award-winning-machine-intelligence-garage-mentorship-programme/", "https://find-and-update.company-information.service.gov.uk/company/11873281" ], "source_quotes": [ { "url": "https://www.uktech.news/news/this-female-led-uk-startup-raised-more-than-half-a-million-to-help-financial-companies-mitigate-biases-20210128", "quotes": [ "raised £585,000 in pre-seed funding", "help financial companies identify and eliminate bias within their AI algorithms" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/search/companies?q=ETIQ", "quotes": [ "ETIQ AI LIMITED\" \"11873281\" \"Incorporated on 11 March 2019" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/11873281/officers", "quotes": [ "CRISAN, Raluca\" Director \"11 March 2019\" (active)", "LI, Caihong\" Director \"11 March 2019" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.digicatapult.org.uk/about/press-releases/post/10-rising-ai-stars-join-award-winning-machine-intelligence-garage-mentorship-programme/", "quotes": [ "Helps data scientists to identify and repair any biases in their algorithms" ], "accessed": "2026-10-30", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/11873281", "quotes": [ "ETIQ AI LIMITED | Company number 11873281 | Active" ], "accessed": "2026-10-31", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI security and assurance" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "financial services", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "SFC Capital" }, { "kind": "funded_by", "name": "Innovate UK" }, { "kind": "alumni_of", "name": "Digital Catapult Machine Intelligence Garage cohort, June 2021" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-030", "name": "Thirdfort", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Named as an iProov customer in an iProov release of 4 March 2026; its last funding news opened was £1.5m in April 2021. Companies House shows THIRDFORT LIMITED as Active (checked 31 Oct 2026).", "one_line": "An app that checks the identity and source of funds of buyers and clients for law firms and property businesses, using document scanning, facial recognition and Open Banking.", "description": "Thirdfort is a London company founded by Olly Thornton-Berry and Jack Bidgood after a friend lost £25,000 to fraud when buying a flat. Its app combines Open Banking, document scanning and facial recognition to speed up identity and source-of-funds checks in legal and property transactions. In April 2021 it raised £1.5m, taking its total to £4.2m, with Alex Chesterman and law firm Mishcon de Reya among backers. In March 2026 iProov listed Thirdfort as a customer of its face verification. The UKTN article does not use the word AI; its facial recognition is supplied by iProov. [Round 4, 30 Oct 2026] product / customers: Next Generation Services project: AI algorithm for property lawyers to detect fraudulent transactions; used by over 500 UK law firms (as at March 2022)", "uk_status": "uk", "company": { "ch_number": "10757456", "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "10757456", "from_round2": true, "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/10757456", "ch_note": null }, "place": { "text": "London", "postcode": "SW1V 1JT", "lat": 51.494975, "lng": -0.14433, "region": "England: London", "admin_district": "Westminster", "geocoded": "postcodes.io" }, "people": [ { "name": "Olly Thornton-Berry", "role": "Co-founder and Managing Director", "from": null, "source": "https://www.uktech.news/news/cazoos-alex-chesterman-backs-legal-tech-startup-in-15m-funding-that-lets-lawyers-verify-client-identity-in-minutes-20210412" }, { "name": "Jack Bidgood", "role": "Co-founder", "from": null, "source": null } ], "money": [ { "kind": "funding_round", "amount": 1500000, "currency": "GBP", "date": "2021-04-12", "detail": "existing investors plus a Future Fund convertible loan; total raised £4.2m", "raw": "funding_round: 1500000 GBP 2021-04-12 — existing investors plus a Future Fund convertible loan; total raised £4.2m", "amount_gbp": 1500000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.5m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Perceptual systems", "AI implementation" ], "sectors": [ "identity", "anti-money laundering", "property and legal transactions" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "An app that checks the identity and source of funds of buyers and clients for law firms and property businesses, using document scanning, facial recognition and Open Banking.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/news/cazoos-alex-chesterman-backs-legal-tech-startup-in-15m-funding-that-lets-lawyers-verify-client-identity-in-minutes-20210412", "https://www.iproov.com/press/1-million-daily-transactions-deepfakes-redefine-enterprise-attack-surface", "https://find-and-update.company-information.service.gov.uk/company/10757456", "https://www.ukri.org/wp-content/uploads/2022/03/5980-Next-generation-brochure-CS-v2-1.pdf" ], "source_quotes": [ { "url": "https://www.uktech.news/news/cazoos-alex-chesterman-backs-legal-tech-startup-in-15m-funding-that-lets-lawyers-verify-client-identity-in-minutes-20210412", "quotes": [ "£1.5 million, total raised £4.2 million; Open Banking, document scanning and facial recognition (12 April 2021)" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://www.iproov.com/press/1-million-daily-transactions-deepfakes-redefine-enterprise-attack-surface", "quotes": [ "Thirdfort among named iProov clients (March 4, 2026)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/10757456", "quotes": [ "THIRDFORT LIMITED", "Belle House Platform 1, Victoria Station, London, England, SW1V 1JT", "Active", "8 May 2017", "FOEX LIMITED (08 May 2017 - 17 Oct 2017)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.ukri.org/wp-content/uploads/2022/03/5980-Next-generation-brochure-CS-v2-1.pdf", "quotes": [ "an AI-driven algorithm that can be used by property lawyers to detect fraudulent property transactions in real time" ], "accessed": "2026-10-30", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Perceptual systems", "AI implementation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "identity", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [ { "kind": "buys_from", "id": "BIZ-SAFE-015", "name": "iProov", "page": "assurance", "href": "../../assurance/#org=BIZ-SAFE-015", "page_label": "Assurance" } ], "label_links": [ { "kind": "funded_by", "name": "Mishcon de Reya" }, { "kind": "funded_by", "name": "Future Fund" } ], "degree": 1, "related_ids": [ "BIZ-SU-FIN-016" ] }, { "id": "BIZ-SU-FIN-031", "name": "Stratiphy", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Leads a consortium awarded a £1m Innovate UK grant for safe AI in investment management, reported 9 May 2024. Companies House shows STRATIPHY LIMITED as Active (checked 31 Oct 2026).", "one_line": "A London personalised investment-strategy firm leading a grant-funded project on safe AI for investment management.", "description": "Stratiphy is described by UKTN as a \"London-based personalised investment strategy firm\". In May 2024 Innovate UK awarded £1m to a consortium it leads, with the Universities of Bristol and Birmingham, Chenavari Investment Managers, Smart Pension and Aventur Wealth, to develop \"safe AI solutions to address challenges in the investment management space\". Its own products were not checked.", "uk_status": "uk", "company": { "ch_number": "12510853", "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "12510853", "from_round2": true, "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/12510853", "ch_note": null }, "place": { "text": "London", "postcode": "EC2A 4NE", "lat": 51.525617, "lng": -0.083602, "region": "England: London", "admin_district": "Hackney", "geocoded": "postcodes.io" }, "people": [], "money": [ { "kind": "grant", "amount": 1000000, "currency": "GBP", "date": "2024-05-09", "detail": "Innovate UK grant to Stratiphy-led consortium", "raw": "grant: 1000000 GBP 2024-05-09 — Innovate UK grant to Stratiphy-led consortium", "amount_gbp": 1000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "AI security and assurance", "Knowledge generation" ], "sectors": [ "investment management", "wealth" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "A London personalised investment-strategy firm leading a grant-funded project on safe AI for investment management.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ai/innovate-uk-ai-finance-20240509", "https://find-and-update.company-information.service.gov.uk/company/12510853" ], "source_quotes": [ { "url": "https://www.uktech.news/ai/innovate-uk-ai-finance-20240509", "quotes": [ "Innovate UK has awarded a £1m grant", "London-based personalised investment strategy firm", "safe AI solutions to address challenges in the investment management space" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/12510853", "quotes": [ "STRATIPHY LIMITED", "86-90 Paul Street, London, England, EC2A 4NE", "Active", "11 March 2020", "66190 - Activities auxiliary to financial intermediation not elsewhere classified" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI security and assurance", "Knowledge generation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "investment management", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "Innovate UK" }, { "kind": "partner_of", "name": "University of Bristol" }, { "kind": "partner_of", "name": "University of Birmingham" }, { "kind": "partner_of", "name": "Smart Pension" }, { "kind": "partner_of", "name": "Aventur Wealth" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-032", "name": "Sumsub", "bucket": "co", "status": "active", "status_date": "2026-03-26", "status_detail": "Announced a partnership with ComplyAdvantage on 26 March 2026.", "one_line": "Identity-verification and compliance software that uses AI for liveness detection when firms sign up customers.", "description": "UKTN described Sumsub in March 2021 as a \"London-based startup\" applying AI to liveness detection, naming Jacob Sever as co-founder and chief product officer. In March 2026 ComplyAdvantage and Sumsub announced that ComplyAdvantage's Mesh would power AML screening in Sumsub's products; Sumsub said it is trusted by more than 4,000 companies. Its headquarters and UK company were not confirmed on a primary page in this session, so its UK status needs checking before publication.", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London (per UKTN, 2021)", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Jacob Sever", "role": "Co-founder and Chief Product Officer (2021)", "from": null, "source": "https://www.uktech.news/news/london-sumsub-ai-identity-verification-prooface-20210330" }, { "name": "Andrew Novoselsky", "role": "Chief Product Officer (2026)", "from": null, "source": "https://complyadvantage.com/press-media/sumsub-and-complyadvantage-announce-strategic-partnership/" } ], "money": [], "site": null, "product": null, "dsit_domains": [ "Perceptual systems", "AI security and assurance" ], "sectors": [ "identity verification", "KYC", "AML" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [ { "ids": [ "BIZ-SU-FIN-032" ], "from": "Part 2.4", "field": "company (to confirm)", "text": "No company named Sumsub at Companies House. Sum and Substance Ltd (09688671), incorporated 2015-07-16, 30 St. Mary Axe, London, EC3A 8BF, may be its UK company; not confirmed on an opened page. UK status still unconfirmed.", "why": "marked 'to confirm' / 'possible' (start-here §8.2): for Alex" } ], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Identity-verification and compliance software that uses AI for liveness detection when firms sign up customers.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/news/london-sumsub-ai-identity-verification-prooface-20210330", "https://complyadvantage.com/press-media/sumsub-and-complyadvantage-announce-strategic-partnership/" ], "source_quotes": [ { "url": "https://www.uktech.news/news/london-sumsub-ai-identity-verification-prooface-20210330", "quotes": [ "London-based startup", "using its expertise in the field to boost AI-based software implementation for liveness detection" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://complyadvantage.com/press-media/sumsub-and-complyadvantage-announce-strategic-partnership/", "quotes": [ "one powerful system that does it all\" (26 March 2026)" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Perceptual systems", "AI security and assurance" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "identity verification", "div": "finance" } ], "div_label": "Finance", "location": "London (per UKTN, 2021)", "status_group": "active", "ext_links": [], "label_links": [], "degree": 2, "related_ids": [ "BIZ-SU-FIN-008" ] }, { "id": "BIZ-SU-FIN-033", "name": "FCA AI Lab", "bucket": "prog", "status": "active", "status_date": "2026-07-03", "status_detail": "Page last updated 3 July 2026; its AI Input Zone gathered views from 14 May to 19 June 2026, with a publication planned for later in 2026.", "one_line": "The Financial Conduct Authority's programme for working with firms on AI, including test environments, live testing, events and consultations.", "description": "The FCA AI Lab was first published on 13 October 2024 as an AI-focused extension of the regulator's innovation services. It has five parts: the Supercharged Sandbox (developed with NVIDIA), AI Live Testing, AI Spotlight, AI Sprint (an event in London on 29-30 January 2025) and the AI Input Zone. It is recorded here because it is the main route by which UK finance AI start-ups test products with the regulator; firms named in its cohorts include Aveni and Napier AI.", "uk_status": "not_applicable", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": "Financial Conduct Authority", "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [], "money": [], "site": null, "product": null, "dsit_domains": [ "AI implementation", "AI security and assurance" ], "sectors": [ "financial regulation" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Schemes, programmes and AI lines", "category": "finance", "function": "The Financial Conduct Authority's programme for working with firms on AI, including test environments, live testing, events and consultations.", "affiliation": "Start-ups", "sources": [ "https://www.fca.org.uk/firms/innovation/ai-lab" ], "source_quotes": [ { "url": "https://www.fca.org.uk/firms/innovation/ai-lab", "quotes": [ "provides a pathway for the FCA, firms and wider stakeholders", "First published: 13/10/2024" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation", "AI security and assurance" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "financial regulation", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [ { "kind": "partner_of", "id": "BIZ-BIG-014", "name": "NVIDIA (UK)", "page": "big-tech", "href": "../../big-tech/#org=BIZ-BIG-014", "page_label": "Big tech in the UK" } ], "label_links": [ { "kind": "part_of", "name": "Government: Financial Conduct Authority" }, { "kind": "partner_of", "name": "Monetary Authority of Singapore" } ], "degree": 3, "related_ids": [ "BIZ-SU-FIN-034", "BIZ-SU-FIN-035", "BIZ-SU-FIN-039" ] }, { "id": "BIZ-SU-FIN-034", "name": "FCA AI Live Testing", "bucket": "prog", "status": "active", "status_date": "2026-04-21", "status_detail": "Second cohort of eight firms announced 21 April 2026, after a first cohort of seven announced 3 December 2025.", "one_line": "An FCA service that lets financial firms test AI systems in live markets with regulatory support and technical help from Advai.", "description": "AI Live Testing was announced on 3 December 2025 as \"the first of its kind in the financial sector\", giving firms ready to use AI in live markets support from the FCA's regulatory team and from Advai, a UK AI assurance company. The first cohort was Gain Credit, Homeprotect (Avantia Group), NatWest, Monzo, Santander, Scottish Widows and Snorkl. The second, announced 21 April 2026, was Aereve, Coadjute, Barclays, Experian, GoCardless, Lloyds Banking Group (Scottish Widows), UBS and Palindrome, covering uses including investment support, credit insights, agentic payments, anti-money-laundering detection and know-your-customer checks.", "uk_status": "not_applicable", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": "Financial Conduct Authority", "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [], "money": [], "site": null, "product": null, "dsit_domains": [ "AI implementation", "AI security and assurance" ], "sectors": [ "financial regulation", "AI testing" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Schemes, programmes and AI lines", "category": "finance", "function": "An FCA service that lets financial firms test AI systems in live markets with regulatory support and technical help from Advai.", "affiliation": "Start-ups", "sources": [ "https://www.fca.org.uk/news/press-releases/fca-helps-firms-test-ai-safely", "https://www.fca.org.uk/news/press-releases/fca-announces-second-cohort-ai-live-testing" ], "source_quotes": [ { "url": "https://www.fca.org.uk/news/press-releases/fca-helps-firms-test-ai-safely", "quotes": [ "Our new AI Live Testing service helps firms who are ready to use AI in live markets", "the first of its kind in the financial sector\" (03/12/2025)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.fca.org.uk/news/press-releases/fca-announces-second-cohort-ai-live-testing", "quotes": [ "second cohort: Aereve, Coadjute, Barclays, Experian, GoCardless, Lloyds Banking Group (Scottish Widows), UBS, Palindrome (21 April 2026)" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation", "AI security and assurance" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "financial regulation", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [ { "kind": "partner_of", "id": "BIZ-SAFE-004", "name": "Advai", "page": "assurance", "href": "../../assurance/#org=BIZ-SAFE-004", "page_label": "Assurance" }, { "kind": "linked from: member_of", "id": "BIZ-EST-2108", "name": "NatWest in the FCA Live AI Testing programme", "page": "established", "href": "../../established/#org=BIZ-EST-2108", "page_label": "Established firms" } ], "label_links": [], "degree": 1, "related_ids": [ "BIZ-SU-FIN-033" ] }, { "id": "BIZ-SU-FIN-035", "name": "FCA Supercharged Sandbox", "bucket": "prog", "status": "active", "status_date": "2026-07-22", "status_detail": "Second cohort of 21 organisations runs 13 July to 31 December 2026; Anthropic's support (access to Claude) was announced on 22 July 2026.", "one_line": "An FCA programme giving financial firms a controlled environment, computing and data to experiment with advanced AI.", "description": "The Supercharged Sandbox offers \"a secure, controlled environment to experiment with advanced AI technologies\". Cohort 1 ran from September 2025 to January 2026 with 22 firms, including UK AI start-ups Aveni, Napier AI, FinregE, Courts Data and Opsen AI alongside banks such as Shawbrook and Virgin Money. Cohort 2 launched on 13 July 2026, supported by NayaOne and NVIDIA, with participants given access to Claude through an FCA collaboration with Anthropic announced on 22 July 2026; named members include Scottish Widows, Money Advice Trust, TrueLayer, calQrisk, Condukt, Deepflow, FSCom and RMI Agentic.", "uk_status": "not_applicable", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": "Financial Conduct Authority", "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [], "money": [], "site": null, "product": null, "dsit_domains": [ "AI implementation", "AI infrastructure" ], "sectors": [ "financial regulation", "AI testing" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Schemes, programmes and AI lines", "category": "finance", "function": "An FCA programme giving financial firms a controlled environment, computing and data to experiment with advanced AI.", "affiliation": "Start-ups", "sources": [ "https://www.fca.org.uk/firms/innovation/supercharged-sandbox", "https://www.fca.org.uk/news/press-releases/anthropic-supercharged-sandbox", "https://www.fca.org.uk/firms/innovation/ai-lab" ], "source_quotes": [ { "url": "https://www.fca.org.uk/firms/innovation/supercharged-sandbox", "quotes": [ "a secure, controlled environment to experiment with advanced AI technologies", "Cohort 2 13 July 2026 to 31 December 2026" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.fca.org.uk/news/press-releases/anthropic-supercharged-sandbox", "quotes": [ "Anthropic will provide access to Claude for participants", "21 organisations, including Scottish Widows, Money Advice Trust and TrueLayer, will join the second group" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.fca.org.uk/firms/innovation/ai-lab", "quotes": [ "cohort 1 firms including Aveni, Courts Data, FinregE, Napier AI, Opsen AI" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation", "AI infrastructure" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "financial regulation", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [ { "kind": "partner_of", "id": "BIZ-BIG-014", "name": "NVIDIA (UK)", "page": "big-tech", "href": "../../big-tech/#org=BIZ-BIG-014", "page_label": "Big tech in the UK" }, { "kind": "partner_of", "id": "BIZ-BIG-004", "name": "Anthropic (UK)", "page": "big-tech", "href": "../../big-tech/#org=BIZ-BIG-004", "page_label": "Big tech in the UK" } ], "label_links": [ { "kind": "partner_of", "name": "NayaOne" } ], "degree": 1, "related_ids": [ "BIZ-SU-FIN-033" ] }, { "id": "BIZ-SU-FIN-036", "name": "Financial Regulation Innovation Lab (FRIL)", "bucket": "prog", "status": "active", "status_date": "2026-06-30", "status_detail": "Awarded £3.18m by Scottish Enterprise for three more years, reported in DIGIT's June 2026 deal round-up.", "one_line": "A Scottish programme, led by FinTech Scotland with the University of Strathclyde, for technology that helps firms meet financial regulation.", "description": "FRIL is led by FinTech Scotland with the University of Strathclyde and calls itself \"the UK's centre of excellence for innovation in technology to efficiently meet financial regulation requirements\". DIGIT reported £3.18m from Scottish Enterprise for three years of the programme in June 2026. It is a programme, not a company.", "uk_status": "not_applicable", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "Scotland", "postcode": null, "lat": null, "lng": null, "region": "Scotland" }, "people": [], "money": [ { "kind": "grant", "amount": 3180000, "currency": "GBP", "date": "2026-06", "detail": "Scottish Enterprise funding for three years", "raw": "grant: 3180000 GBP 2026-06 — Scottish Enterprise funding for three years", "amount_gbp": 3180000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£3.2m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "AI implementation" ], "sectors": [ "regtech", "financial regulation" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Schemes, programmes and AI lines", "category": "finance", "function": "A Scottish programme, led by FinTech Scotland with the University of Strathclyde, for technology that helps firms meet financial regulation.", "affiliation": "Start-ups", "sources": [ "https://www.digit.fyi/digit-deal-roundup-june-2026/" ], "source_quotes": [ { "url": "https://www.digit.fyi/digit-deal-roundup-june-2026/", "quotes": [ "the UK's centre of excellence for innovation in technology to efficiently meet financial regulation requirements", "£3.18m from Scottish Enterprise" ], "accessed": "2026-10-29", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "regtech", "div": "finance" } ], "div_label": "Finance", "location": "Scotland", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "part_of", "name": "FinTech Scotland" }, { "kind": "partner_of", "name": "University of Strathclyde" }, { "kind": "funded_by", "name": "Scottish Enterprise" } ], "degree": 2, "related_ids": [ "BIZ-SU-FIN-2001", "BIZ-SU-FIN-2002" ] }, { "id": "BIZ-SU-FIN-401", "name": "Earth Blox", "bucket": "co", "status": "active", "status_date": "2026-03", "status_detail": "DIGIT reported a £6m round led by PXN Ventures in March 2026; Companies House entry not yet found.", "one_line": "Platform that uses satellite data and AI to show organisations how nature loss and climate hazards affect their finances.", "description": "Earth Blox, based in Edinburgh, makes a platform that combines satellite, environmental and portfolio data with AI analysis, so that organisations can assess how nature loss and climate hazards affect financial performance. DIGIT's March 2026 deal roundup reported a £6m round led by PXN Ventures, with Scottish Enterprise, follow-on money from Archangels and funding from the European Space Agency.", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "Edinburgh (null)", "postcode": null, "lat": null, "lng": null, "region": "Scotland" }, "people": [], "money": [ { "kind": "funding_round", "amount": 6000000, "currency": "GBP", "date": "2026-03", "detail": "led by PXN Ventures with Scottish Enterprise and Archangels; ESA funding", "raw": "funding_round: 6000000 GBP 2026-03 — led by PXN Ventures with Scottish Enterprise and Archangels; ESA funding", "amount_gbp": 6000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£6m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Perceptual systems", "Knowledge generation" ], "sectors": [ "climate and nature risk", "finance", "earth observation" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Platform that uses satellite data and AI to show organisations how nature loss and climate hazards affect their finances.", "affiliation": "Start-ups", "sources": [ "https://www.digit.fyi/digit-deal-roundup-march-2026/" ], "source_quotes": [ { "url": "https://www.digit.fyi/digit-deal-roundup-march-2026/", "quotes": [ "combining satellite, environmental, and portfolio data with AI-powered analysis\" (accessed 2026-10-29) (trade)" ], "accessed": null, "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Perceptual systems", "Knowledge generation" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "climate and nature risk", "div": "finance" } ], "div_label": "Finance", "location": "Edinburgh (null)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "PXN Ventures" }, { "kind": "funded_by", "name": "Scottish Enterprise" }, { "kind": "funded_by", "name": "Archangels" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-601", "name": "9fin", "bucket": "co", "status": "active", "status_date": null, "status_detail": "Companies House lists 9fin Limited as active (checked 29 October 2026).", "one_line": "London data platform that uses machine learning to gather and analyse information on corporate debt markets.", "description": "9fin is an analytics platform for debt capital markets. Its software uses computer vision and machine learning to bring together data from news, documents and the web. In December 2022 UKTN reported a US$23m Series A+ led by Spark Capital and said the company was London-headquartered; it named Steven Hunter as chief executive and co-founder (founded 2016). Companies House lists 9fin Limited, incorporated on 28 October 2016, as active, with Steven Hunter a director since incorporation. [Round 4, 30 Oct 2026] place: London", "uk_status": "uk", "company": { "ch_number": "10451957", "registered_office": "8th Floor 100 Bishopsgate, London, United Kingdom, EC2N 4AG", "incorporated": "2016-10-28", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "10451957", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/10451957", "ch_note": null }, "place": { "text": "London (EC2N 4AG)", "postcode": "EC2N 4AG", "lat": 51.515719, "lng": -0.081596, "region": "England: London", "admin_district": "City of London", "geocoded": "postcodes.io" }, "people": [ { "name": "Steven Hunter", "role": "co-founder and chief executive; director from 2016-10-28", "from": null, "source": "https://find-and-update.company-information.service.gov.uk/company/10451957/officers" } ], "money": [ { "kind": "funding_round", "amount": 23000000, "currency": "USD", "date": "2022-12-09", "detail": "Series A+ led by Spark Capital (single source)", "raw": "funding_round: 23000000 USD 2022-12-09 — Series A+ led by Spark Capital (single source)", "amount_gbp": 18706791, "fx_rate": 1.2295, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2295 per £ on 2022-12-09", "fx_date": "2022-12-09", "fx_note": "", "txt": "US$23m", "gbp_txt": "£18.7m" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "Perceptual systems" ], "sectors": [ "financial data", "debt markets" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "London data platform that uses machine learning to gather and analyse information on corporate debt markets.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ai/9fin-series-a-20221209", "https://find-and-update.company-information.service.gov.uk/company/10451957", "https://find-and-update.company-information.service.gov.uk/company/10451957/officers", "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-9fin-to-riplo-20260402" ], "source_quotes": [ { "url": "https://www.uktech.news/ai/9fin-series-a-20221209", "quotes": [ "9fin's software uses computer vision and machine learning to bring together data from across the internet.", "London-headquartered" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/10451957", "quotes": [ "9FIN LIMITED\" \"8th Floor 100 Bishopsgate, London, United Kingdom, EC2N 4AG\" \"Active\" \"28 October 2016" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/10451957/officers", "quotes": [ "HUNTER, Steven\" \"Role Active\" \"Director\" \"Appointed on 28 October 2016" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-9fin-to-riplo-20260402", "quotes": [ "an AI-powered debt intelligence platform" ], "accessed": "2026-10-30", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "Perceptual systems" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "financial data", "div": "finance" } ], "div_label": "Finance", "location": "London (EC2N 4AG)", "status_group": "active", "ext_links": [ { "kind": "linked from: funds", "id": "BIZ-INV-202", "name": "Seedcamp", "page": "investors", "href": "../../investors/#org=BIZ-INV-202", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-202", "name": "Seedcamp", "page": "investors", "href": "../../investors/#org=BIZ-INV-202", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2053", "name": "Canada Pension Plan Investment Board", "page": "investors", "href": "../../investors/#org=BIZ-INV-2053", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2053", "name": "Canada Pension Plan Investment Board", "page": "investors", "href": "../../investors/#org=BIZ-INV-2053", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2120", "name": "HarbourVest", "page": "investors", "href": "../../investors/#org=BIZ-INV-2120", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2120", "name": "HarbourVest", "page": "investors", "href": "../../investors/#org=BIZ-INV-2120", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2125", "name": "Highland Europe", "page": "investors", "href": "../../investors/#org=BIZ-INV-2125", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2125", "name": "Highland Europe", "page": "investors", "href": "../../investors/#org=BIZ-INV-2125", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2211", "name": "Redalpine", "page": "investors", "href": "../../investors/#org=BIZ-INV-2211", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2211", "name": "Redalpine", "page": "investors", "href": "../../investors/#org=BIZ-INV-2211", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2233", "name": "Spark Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2233", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2233", "name": "Spark Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2233", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-202", "name": "Seedcamp", "page": "investors", "href": "../../investors/#org=BIZ-INV-202", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-202", "name": "Seedcamp", "page": "investors", "href": "../../investors/#org=BIZ-INV-202", "page_label": "Investors" } ], "label_links": [ { "kind": "funded_by", "name": "Spark Capital" }, { "kind": "funded_by", "name": "Redalpine" }, { "kind": "founded_by", "name": "Steven Hunter" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-602", "name": "Eilla AI", "bucket": "co", "status": "active", "status_date": null, "status_detail": "Companies House lists Eilla AI Ltd as active (checked 29 October 2026).", "one_line": "London generative-AI tool that does research and document tasks for people working in finance, such as deal teams.", "description": "Eilla AI makes a generative AI platform for finance professionals, handling tasks such as market mapping, document creation and offer comparison. In November 2023 UKTN reported a US$1.5m seed round led by Eleven Ventures with Fuel Ventures, and quoted Nikola Lazarov as chief executive. Companies House lists Eilla AI Ltd, incorporated on 28 June 2022, as active, with Nikola Lachezarov Lazarov a director since 3 February 2023.", "uk_status": "uk", "company": { "ch_number": "14201306", "registered_office": "Apartment 3204 251 Southwark Bridge Road, London, England, SE1 6FP", "incorporated": "2022-06-28", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "14201306", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/14201306", "ch_note": null }, "place": { "text": "London (null)", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Nikola Lazarov", "role": "chief executive; director from 2023-02-03", "from": null, "source": "https://find-and-update.company-information.service.gov.uk/company/14201306/officers" } ], "money": [ { "kind": "funding_round", "amount": 1500000, "currency": "USD", "date": "2023-11-09", "detail": "seed led by Eleven Ventures (single source)", "raw": "funding_round: 1500000 USD 2023-11-09 — seed led by Eleven Ventures (single source)", "amount_gbp": 1220802, "fx_rate": 1.2287, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2287 per £ on 2023-11-09", "fx_date": "2023-11-09", "fx_note": "", "txt": "US$1.5m", "gbp_txt": "£1.2m" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications" ], "sectors": [ "financial services", "investment banking tools" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "London generative-AI tool that does research and document tasks for people working in finance, such as deal teams.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ai/eilla-ai-seed-20231109", "https://find-and-update.company-information.service.gov.uk/company/14201306", "https://find-and-update.company-information.service.gov.uk/company/14201306/officers" ], "source_quotes": [ { "url": "https://www.uktech.news/ai/eilla-ai-seed-20231109", "quotes": [ "London-based Eilla AI, a generative AI tool for those working in finance" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/14201306", "quotes": [ "EILLA AI LTD\" \"Active\" \"28 June 2022" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/14201306/officers", "quotes": [ "LAZAROV, Nikola Lachezarov\" \"Director\" \"Appointed\" \"3 February 2023" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "financial services", "div": "finance" } ], "div_label": "Finance", "location": "London (null)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "Eleven Ventures" }, { "kind": "funded_by", "name": "Fuel Ventures" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-603", "name": "HACE", "bucket": "co", "status": "active", "status_date": "2024-02-28", "status_detail": "Latest position found is a £450,000 pre-seed round reported on 28 February 2024; no Companies House entry could be tied to it.", "one_line": "Manchester start-up whose AI index flags listed companies exposed to child labour in their supply chains.", "description": "HACE has built an AI-powered index that gathers data from listed companies in real time to flag exposure to child labour in their supply chains. In February 2024 UKTN reported a £450,000 pre-seed round led by Manchester Angels, with GC Angels, Ada Ventures and Found Capital, and named Eleanor Harry as founder and chief executive. A Companies House search for \"hace\" returned no company that could be tied to it (HACE Investments Limited, Manchester, has other directors).", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "Manchester (null)", "postcode": null, "lat": null, "lng": null, "region": "England: North West" }, "people": [], "money": [ { "kind": "funding_round", "amount": 450000, "currency": "GBP", "date": "2024-02-28", "detail": "pre-seed led by Manchester Angels", "raw": "funding_round: 450000 GBP 2024-02-28 — pre-seed led by Manchester Angels", "amount_gbp": 450000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£450,000", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Knowledge generation", "Natural language applications" ], "sectors": [ "ESG data", "supply-chain risk" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Manchester start-up whose AI index flags listed companies exposed to child labour in their supply chains.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ai/ai-startup-monitoring-child-labour-hace-funding-20240228" ], "source_quotes": [ { "url": "https://www.uktech.news/ai/ai-startup-monitoring-child-labour-hace-funding-20240228", "quotes": [ "HACE has built an AI-powered index that gathers data from listed firms in real time.", "£450,000 in pre-seed funding" ], "accessed": "2026-10-29", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Knowledge generation", "Natural language applications" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "ESG data", "div": "finance" } ], "div_label": "Finance", "location": "Manchester (null)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "Manchester Angels" }, { "kind": "funded_by", "name": "Ada Ventures" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-604", "name": "AlphaLoops", "bucket": "co", "status": "active", "status_date": null, "status_detail": "Companies House lists AlphaLoops Ltd as active (checked 29 October 2026).", "one_line": "London start-up building AI agents that run back-office operations for investment firms.", "description": "AlphaLoops is developing AI agents that automate investment management operations, which it calls an agentic operating system for investment firms. In April 2025 UKTN reported a £440,000 UK Smart Grant from Innovate UK and named Eric Personne as founder and chief executive. Companies House lists AlphaLoops Ltd (formerly Agentise Solutions Ltd), incorporated on 12 December 2023, as active, with Eric Michel Christian Personne a director since incorporation.", "uk_status": "uk", "company": { "ch_number": "15346667", "registered_office": "20 Wenlock Road, London, England, N1 7GU", "incorporated": "2023-12-12", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "15346667", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/15346667", "ch_note": null }, "place": { "text": "London (null)", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Eric Personne", "role": "founder and chief executive; director from 2023-12-12", "from": null, "source": "https://find-and-update.company-information.service.gov.uk/company/15346667/officers" } ], "money": [ { "kind": "grant", "amount": 440000, "currency": "GBP", "date": "2025-04-03", "detail": "UK Smart Grant, Innovate UK (single source)", "raw": "grant: 440000 GBP 2025-04-03 — UK Smart Grant, Innovate UK (single source)", "amount_gbp": 440000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£440,000", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Autonomous and agent systems" ], "sectors": [ "investment management operations" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "London start-up building AI agents that run back-office operations for investment firms.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/artificial-intelligence/ai-for-investment-firms-alphaloops-lands-440k-grant-20250403", "https://find-and-update.company-information.service.gov.uk/company/15346667", "https://find-and-update.company-information.service.gov.uk/company/15346667/officers" ], "source_quotes": [ { "url": "https://www.uktech.news/artificial-intelligence/ai-for-investment-firms-alphaloops-lands-440k-grant-20250403", "quotes": [ "developing AI agents that will automate investment management operations", "London-based AlphaLoops" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/15346667", "quotes": [ "ALPHALOOPS LTD\" \"Active\" \"12 December 2023\" \"AGENTISE SOLUTIONS LTD (12 Dec 2023 - 18 Feb 2024)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/15346667/officers", "quotes": [ "PERSONNE, Eric Michel Christian\" \"Active\" \"Director\" \"12 December 2023" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Autonomous and agent systems" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "investment management operations", "div": "finance" } ], "div_label": "Finance", "location": "London (null)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "Innovate UK" }, { "kind": "founded_by", "name": "Eric Personne" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-605", "name": "Model ML", "bucket": "co", "status": "active", "status_date": "2026-08-11", "status_detail": "HSBC Asset Management invested an undisclosed sum, reported 11 August 2026; Companies House lists ModelML Limited as active.", "one_line": "AI software that automates multi-step finance work such as research, due diligence, modelling and client documents.", "description": "Model ML, founded in 2023, builds vertical AI software that automates multi-step workflows in finance, such as research, due diligence, financial modelling and client document generation. On 11 August 2026 UKTN reported an investment of undisclosed size from HSBC Asset Management's venture strategy and named Chaz Englander as co-founder and chief executive; the article does not give a head office. Companies House lists ModelML Limited, incorporated on 31 January 2024 in London, as active, with one director, Arnie Simon Englander; a sister company, ModelML Europe Ltd, was incorporated in June 2025. The match rests on the name and the shared surname.", "uk_status": "uk", "company": { "ch_number": "15457118", "registered_office": "124 City Road, London, England, EC1V 2NX", "incorporated": "2024-01-31", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "15457118", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/15457118", "ch_note": null }, "place": { "text": "London (registered office) (null)", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [], "money": [], "site": null, "product": null, "dsit_domains": [ "Autonomous and agent systems", "Natural language applications" ], "sectors": [ "financial services" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "AI software that automates multi-step finance work such as research, due diligence, modelling and client documents.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/fintech/hsbc-model-ml-investment-20260811", "https://find-and-update.company-information.service.gov.uk/company/15457118", "https://find-and-update.company-information.service.gov.uk/company/15457118/officers" ], "source_quotes": [ { "url": "https://www.uktech.news/fintech/hsbc-model-ml-investment-20260811", "quotes": [ "develops vertical AI software designed to automate complex, multi-step workflows", "Financial terms of the transaction were not disclosed." ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/15457118", "quotes": [ "MODELML LIMITED\" \"Active\" \"31 January 2024" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/15457118/officers", "quotes": [ "ENGLANDER, Arnie Simon\" Role Active Director, appointed 31 January 2024" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Autonomous and agent systems", "Natural language applications" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "financial services", "div": "finance" } ], "div_label": "Finance", "location": "London (registered office) (null)", "status_group": "active", "ext_links": [ { "kind": "linked from: partner_of", "id": "BIZ-EST-059", "name": "LSEG and Model ML data connector", "page": "established", "href": "../../established/#org=BIZ-EST-059", "page_label": "Established firms" } ], "label_links": [ { "kind": "funded_by", "name": "HSBC Asset Management" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-606", "name": "Outpost", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Raised a US$17.5m Series A led by Ribbit, reported 11 March 2026; Companies House lists Outpost Technologies Ltd (renamed from Little Goat Labs Ltd in August 2024) as active, with founder William Mahon-Heap as director and controlling shareholder. Companies House shows OUTPOST TECHNOLOGIES LTD as Active (checked 31 Oct 2026).", "one_line": "London start-up whose AI engine applies tax and customs rules so online merchants can sell across borders.", "description": "Outpost helps merchants sell internationally: its AI engine applies tax and customs rules, and it runs local entities for payments. On 11 March 2026 UKTN reported a US$17.5m Series A led by Ribbit, with Better Tomorrow Ventures and angels, and named Will Mahon-Heap, a former Revolut employee, as founder and chief executive; the article gives no head office. Companies House lists Outpost Technologies Ltd, incorporated on 18 June 2021 as Little Goat Labs Ltd and renamed on 5 August 2024, as active, registered in London, with William Bryan Gladstone Mahon-Heap as director and person with significant control since 2021. Three sister companies (Outpost Technologies No.2 to No.4) were incorporated in 2025.", "uk_status": "uk", "company": { "ch_number": "13465097", "registered_office": "4th Floor Office, 205 Regent Street, London, England, W1B 4HB", "incorporated": "2021-06-18", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "13465097", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/13465097", "ch_note": null }, "place": { "text": "London (W1B 4HB)", "postcode": "W1B 4HB", "lat": 51.513206, "lng": -0.141124, "region": "England: London", "admin_district": "Westminster", "geocoded": "postcodes.io" }, "people": [ { "name": "Will Mahon-Heap", "role": "founder and chief executive; director from 2021-06-18", "from": null, "source": "https://find-and-update.company-information.service.gov.uk/company/13465097/officers" } ], "money": [ { "kind": "funding_round", "amount": 17500000, "currency": "USD", "date": "2026-03-11", "detail": "Series A led by Ribbit (single source)", "raw": "funding_round: 17500000 USD 2026-03-11 — Series A led by Ribbit (single source)", "amount_gbp": 13061651, "fx_rate": 1.3398, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3398 per £ on 2026-03-11", "fx_date": "2026-03-11", "fx_note": "", "txt": "US$17.5m", "gbp_txt": "£13.1m" } ], "site": null, "product": null, "dsit_domains": [ "AI implementation", "Knowledge generation" ], "sectors": [ "cross-border e-commerce", "tax and customs" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "London start-up whose AI engine applies tax and customs rules so online merchants can sell across borders.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ecommerce/revolut-investor-backs-ai-cross-border-merchant-startup-20260311", "https://find-and-update.company-information.service.gov.uk/company/13465097", "https://find-and-update.company-information.service.gov.uk/company/13465097/officers" ], "source_quotes": [ { "url": "https://www.uktech.news/ecommerce/revolut-investor-backs-ai-cross-border-merchant-startup-20260311", "quotes": [ "proprietary AI engine designed to simplify international trade", "has secured a $17.5m (£13m) Series A investment led by Revolut backer Ribbit." ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/13465097", "quotes": [ "OUTPOST TECHNOLOGIES LTD\" \"Active\" \"18 June 2021\" \"LITTLE GOAT LABS LTD (18 Jun 2021 - 05 Aug 2024)" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/13465097/officers", "quotes": [ "MAHON-HEAP, William Bryan Gladstone\" \"Role Active\" \"Director\" \"Appointed on 18 June 2021" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation", "Knowledge generation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "cross-border e-commerce", "div": "finance" } ], "div_label": "Finance", "location": "London (W1B 4HB)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "Ribbit Capital" }, { "kind": "funded_by", "name": "Better Tomorrow Ventures" }, { "kind": "founded_by", "name": "Will Mahon-Heap" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-607", "name": "Plus Group", "bucket": "co", "status": "active", "status_date": "2026-07-28", "status_detail": "Tavistock Investments Plc agreed to acquire 87.9% of the company for up to £16m, reported 28 July 2026; completion and the Companies House entry were not confirmed.", "one_line": "Liverpool firm that builds AI agents for financial advice businesses; agreed to be bought by Tavistock Investments.", "description": "Plus Group is a Liverpool firm that creates AI agents for financial advisory firms. On 28 July 2026 BusinessCloud reported that Tavistock Investments Plc is to acquire 87.9% of it in a deal with a headline value of £16m: £900,000 in cash upfront, £3.6m over 18 months and up to £11.5m deferred over four years subject to performance. No founder or chief executive is named, and a Companies House search for \"plus group\" returned no Liverpool company. Tavistock's own stock-exchange announcement was not opened.", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": "Tavistock Investments Plc (87.9%, agreed 2026-07)", "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "Liverpool (null)", "postcode": null, "lat": null, "lng": null, "region": "England: North West" }, "people": [], "money": [ { "kind": "acquisition_price", "amount": 16000000, "currency": "GBP", "date": "2026-07-28", "detail": "headline value for 87.9% (900000 GBP upfront; 3600000 GBP over 18 months; up to 11500000 GBP deferred)", "raw": "acquisition_price: 16000000 GBP 2026-07-28 — headline value for 87.9% (900000 GBP upfront; 3600000 GBP over 18 months; up to 11500000 GBP deferred)", "amount_gbp": 16000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£16m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Autonomous and agent systems" ], "sectors": [ "financial advice" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Liverpool firm that builds AI agents for financial advice businesses; agreed to be bought by Tavistock Investments.", "affiliation": "Start-ups", "sources": [ "https://businesscloud.co.uk/live-blog/16m-takeover-deal-for-liverpool-firm-behind-ai-agents/" ], "source_quotes": [ { "url": "https://businesscloud.co.uk/live-blog/16m-takeover-deal-for-liverpool-firm-behind-ai-agents/", "quotes": [ "A £16 million takeover deal has been agreed", "which creates AI agents for financial advisory firms" ], "accessed": "2026-10-29", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Autonomous and agent systems" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "financial advice", "div": "finance" } ], "div_label": "Finance", "location": "Liverpool (null)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "acquired_by", "name": "Tavistock Investments Plc" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-608", "name": "Ralio", "bucket": "co", "status": "active", "status_date": "2026-10-31", "status_detail": "Raised £1.8m pre-seed led by Sure Valley Ventures, reported 14 April 2026; Companies House lists Ralio Ltd as active. Companies House shows RALIO LTD as Active (checked 31 Oct 2026).", "one_line": "London start-up building a payments layer with identity checks and limits so AI agents can pay for things safely.", "description": "Ralio is a payments platform built for AI agents, providing guardrails, identity verification and audit trails for agent-driven transactions. On 14 April 2026 UKTN reported an oversubscribed £1.8m pre-seed round led by Sure Valley Ventures, with Seed X, Plug and Play, Antler and others, said the money would grow its engineering team in London, and named Ghali Bennani Laafiret as co-founder and chief executive. Companies House lists Ralio Ltd, incorporated on 27 June 2025 in Spitalfields, London, as active, with Ghali Bennani Laafiret a director since incorporation. [Round 4, 30 Oct 2026] place: London (engineering team)", "uk_status": "uk", "company": { "ch_number": "16546335", "registered_office": "Ralio Second Home Spitalfields, 68-80 Hanbury Street, London, United Kingdom, E1 5JL", "incorporated": "2025-06-27", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "16546335", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/16546335", "ch_note": null }, "place": { "text": "London (E1 5JL)", "postcode": "E1 5JL", "lat": 51.520172, "lng": -0.070742, "region": "England: London", "admin_district": "Tower Hamlets", "geocoded": "postcodes.io" }, "people": [ { "name": "Ghali Bennani Laafiret", "role": "co-founder and chief executive; director from 2025-06-27", "from": null, "source": "https://find-and-update.company-information.service.gov.uk/company/16546335/officers" }, { "name": "Ghali Bennani Laafiret", "role": "Co-founder and CEO", "from": null, "source": "https://www.uktech.news/ai/ralio-raises-1-8m-for-its-agentic-business-payments-platform-20260414", "round4": true } ], "money": [ { "kind": "funding_round", "amount": 1800000, "currency": "GBP", "date": "2026-04-14", "detail": "pre-seed led by Sure Valley Ventures (single source)", "raw": "funding_round: 1800000 GBP 2026-04-14 — pre-seed led by Sure Valley Ventures (single source)", "amount_gbp": 1800000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.8m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "AI infrastructure", "Autonomous and agent systems" ], "sectors": [ "payments" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "London start-up building a payments layer with identity checks and limits so AI agents can pay for things safely.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ai/ralio-raises-1-8m-for-its-agentic-business-payments-platform-20260414", "https://find-and-update.company-information.service.gov.uk/company/16546335", "https://find-and-update.company-information.service.gov.uk/company/16546335/officers" ], "source_quotes": [ { "url": "https://www.uktech.news/ai/ralio-raises-1-8m-for-its-agentic-business-payments-platform-20260414", "quotes": [ "Ralio, the payments platform purpose-built for AI agents, has secured a £1.8m pre-seed funding round." ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/16546335", "quotes": [ "RALIO LTD\" \"Active\" \"27 June 2025" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/16546335/officers", "quotes": [ "BENNANI LAAFIRET, Ghali\" \"Active\" \"Director\" \"27 June 2025" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI infrastructure", "Autonomous and agent systems" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "payments", "div": "finance" } ], "div_label": "Finance", "location": "London (E1 5JL)", "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-TAL-193", "name": "Antler UK", "page": "talent", "href": "../../talent/#org=BIZ-TAL-193", "page_label": "Talent" } ], "label_links": [ { "kind": "funded_by", "name": "Sure Valley Ventures" }, { "kind": "founded_by", "name": "Ghali Bennani Laafiret" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-609", "name": "Saturn", "bucket": "co", "status": "active", "status_date": "2025-10-22", "status_detail": "Raised a US$15m Series A led by Singular, reported 22 October 2025; Companies House lists Hyperr Ltd (registered \"C/O Saturn\") as active, with chief executive Amal Jolly a director.", "one_line": "London start-up whose AI does the paperwork behind financial advice, to make advice cheaper.", "description": "Saturn, founded in 2023, uses AI to automate the administrative work of paraplanners, aiming to lower the cost of financial advice. On 22 October 2025 UKTN reported a US$15m Series A led by Singular, with Shapers, Y Combinator and Zeno Ventures, and named Amal Jolly as chief executive; the article does not give a location. Companies House lists Hyperr Ltd, incorporated on 1 December 2020, as active, with its registered office \"C/O Saturn, 48 Artillery Lane, London\" and Amal Jolly a director since incorporation; this is taken to be Saturn's legal entity.", "uk_status": "uk", "company": { "ch_number": "13053787", "registered_office": "Hyperr Ltd, C/O Saturn, 48 Artillery Lane, London, Greater London, England, E1 7LS", "incorporated": "2020-12-01", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "13053787", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/13053787", "ch_note": null }, "place": { "text": "London (E1 7LS)", "postcode": "E1 7LS", "lat": 51.518345, "lng": -0.078286, "region": "England: London", "admin_district": "City of London", "geocoded": "postcodes.io" }, "people": [ { "name": "Amal Jolly", "role": "chief executive; director from 2020-12-01", "from": null, "source": "https://find-and-update.company-information.service.gov.uk/company/13053787/officers" } ], "money": [ { "kind": "funding_round", "amount": 15000000, "currency": "USD", "date": "2025-10-22", "detail": "Series A led by Singular (single source)", "raw": "funding_round: 15000000 USD 2025-10-22 — Series A led by Singular (single source)", "amount_gbp": 11231748, "fx_rate": 1.3355, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3355 per £ on 2025-10-22", "fx_date": "2025-10-22", "fx_note": "", "txt": "US$15m", "gbp_txt": "£11.2m" } ], "site": null, "product": null, "dsit_domains": [ "AI implementation", "Natural language applications" ], "sectors": [ "financial advice", "wealth management" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "London start-up whose AI does the paperwork behind financial advice, to make advice cheaper.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/funding/saturn-ai-financial-series-a-20251022", "https://find-and-update.company-information.service.gov.uk/company/13053787", "https://find-and-update.company-information.service.gov.uk/company/13053787/officers" ], "source_quotes": [ { "url": "https://www.uktech.news/funding/saturn-ai-financial-series-a-20251022", "quotes": [ "has announced a $15m (£11.25m) Series A round" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/13053787", "quotes": [ "HYPERR LTD\" \"Hyperr Ltd, C/O Saturn, 48 Artillery Lane, London\" \"Active\" \"1 December 2020" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/13053787/officers", "quotes": [ "Amal Jolly, Director (Active), appointed 1 December 2020" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation", "Natural language applications" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "financial advice", "div": "finance" } ], "div_label": "Finance", "location": "London (E1 7LS)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "Singular" }, { "kind": "funded_by", "name": "Y Combinator" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-610", "name": "Stacks", "bucket": "co", "status": "active", "status_date": "2026-02-19", "status_detail": "Raised a US$23m Series A led by Lightspeed, reported 19 February 2026; the company's legal entity and head office were not found.", "one_line": "AI agents that pull together a large company's finance data and automate routine back-office accounting.", "description": "Stacks describes itself as an agentic platform for enterprise finance: it brings a company's scattered financial data into one view and provides AI agents to automate back-office processes. On 19 February 2026 UKTN reported a US$23m Series A led by Lightspeed Ventures, with EQT Ventures, General Catalyst and S16VC, following a US$12m seed, and named Albert Malikov as its leader. The article does not say where Stacks is based. Companies House lists an Albert Raifovich Malikov with one appointment at a London address, but the company was not identified.", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": null, "postcode": null, "lat": null, "lng": null, "region": null }, "people": [], "money": [ { "kind": "funding_round", "amount": 23000000, "currency": "USD", "date": "2026-02-19", "detail": "Series A led by Lightspeed Ventures", "raw": "funding_round: 23000000 USD 2026-02-19 — Series A led by Lightspeed Ventures", "amount_gbp": 17095288, "fx_rate": 1.3454, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3454 per £ on 2026-02-19", "fx_date": "2026-02-19", "fx_note": "", "txt": "US$23m", "gbp_txt": "£17.1m" } ], "site": null, "product": null, "dsit_domains": [ "Autonomous and agent systems" ], "sectors": [ "corporate finance", "accounting" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "AI agents that pull together a large company's finance data and automate routine back-office accounting.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/fintech/stacks-ai-finance-series-a-20260219" ], "source_quotes": [ { "url": "https://www.uktech.news/fintech/stacks-ai-finance-series-a-20260219", "quotes": [ "Stacks, an agentic platform for enterprise finance, has raised a $23m (£17m) Series A funding round." ], "accessed": "2026-10-29", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Autonomous and agent systems" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "corporate finance", "div": "finance" } ], "div_label": "Finance", "location": null, "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-INV-067", "name": "EQT Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-067", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-038", "name": "General Catalyst", "page": "investors", "href": "../../investors/#org=BIZ-INV-038", "page_label": "Investors" } ], "label_links": [ { "kind": "funded_by", "name": "Lightspeed Ventures" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-611", "name": "Vigilant AI.ai", "bucket": "co", "status": "active", "status_date": "2025-11-04", "status_detail": "Raised £585,000 pre-seed led by Haatch, reported 4 November 2025; Companies House lists Vigilant AI2 Ltd, Derby, as active.", "one_line": "Derby start-up building generative-AI \"teammates\" that work inside banks', insurers' and fintechs' regulated processes.", "description": "Vigilant AI.ai builds AI teammates for regulated businesses, embedding generative AI into workflows at banks, fintechs and insurers. On 4 November 2025 UKTN reported £585,000 of pre-seed funding led by Haatch, with the East Midlands Combined County Authority and British Business Bank, described it as Derby-headquartered, and named Mike Anyfantakis as co-founder and chief product officer. Companies House lists Vigilant AI2 Ltd, incorporated on 21 November 2024 at Pride Park, Derby, as active, with Michael Anyfantakis and Mark Stephen Wood as directors.", "uk_status": "uk", "company": { "ch_number": "16093045", "registered_office": "1 Pride Place, Pride Park, Derby, Derbyshire, England, DE24 8QR", "incorporated": "2024-11-21", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "16093045", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/16093045", "ch_note": null }, "place": { "text": "Derby (DE24 8QR)", "postcode": "DE24 8QR", "lat": 52.913692, "lng": -1.454374, "region": "England: East Midlands", "admin_district": "Derby", "geocoded": "postcodes.io" }, "people": [ { "name": "Mike Anyfantakis", "role": "co-founder and chief product officer; director from 2024-11-21", "from": null, "source": "https://find-and-update.company-information.service.gov.uk/company/16093045/officers" } ], "money": [ { "kind": "funding_round", "amount": 585000, "currency": "GBP", "date": "2025-11-04", "detail": "pre-seed led by Haatch (single source)", "raw": "funding_round: 585000 GBP 2025-11-04 — pre-seed led by Haatch (single source)", "amount_gbp": 585000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£585,000", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "Autonomous and agent systems" ], "sectors": [ "financial services", "compliance" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Derby start-up building generative-AI \"teammates\" that work inside banks', insurers' and fintechs' regulated processes.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/funding/derby-based-vigilant-ai-ai-secures-585k-pre-seed-investment-20251104", "https://find-and-update.company-information.service.gov.uk/company/16093045", "https://find-and-update.company-information.service.gov.uk/company/16093045/officers" ], "source_quotes": [ { "url": "https://www.uktech.news/funding/derby-based-vigilant-ai-ai-secures-585k-pre-seed-investment-20251104", "quotes": [ "has raised £585k in pre-seed funding led by early-stage VC Haatch.", "Derby-headquartered" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/16093045", "quotes": [ "VIGILANT AI2 LTD\" \"Active\" \"21 November 2024" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/16093045/officers", "quotes": [ "ANYFANTAKIS, Michael\" Director (Active), appointed 21 November 2024" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "Autonomous and agent systems" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "financial services", "div": "finance" } ], "div_label": "Finance", "location": "Derby (DE24 8QR)", "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-INV-002", "name": "British Business Bank", "page": "investors", "href": "../../investors/#org=BIZ-INV-002", "page_label": "Investors" }, { "kind": "linked from: same_as", "id": "BIZ-SU-OTH-408", "name": "Vigilant AI", "page": "startups", "href": "../../startups/#org=BIZ-SU-OTH-408", "page_label": "Start-ups" } ], "label_links": [ { "kind": "funded_by", "name": "Haatch" }, { "kind": "founded_by", "name": "Mike Anyfantakis" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-701", "name": "Fluidly", "bucket": "co", "status": "dissolved", "status_date": "2025-11-08", "status_detail": "Companies House shows Fluidly Limited dissolved on 8 November 2025, with its registered office at an insolvency practitioner's address (Leonard Curtis House).", "one_line": "Software that used machine learning to forecast cash flow for small and medium-sized businesses.", "description": "London fintech that built cash-flow forecasting software for small firms, drawing on their bank and accounting data. TechCrunch reported a £5 million Series A in November 2018 led by Nyca Partners, with Octopus Ventures and Anthemis taking part. Caroline Plumb was named as co-founder and chief executive. Companies House records the company as dissolved on 8 November 2025. What happened to the product before dissolution was not found in this pass.", "uk_status": "uk", "company": { "ch_number": "10402874", "registered_office": "Leonard Curtis House Elms Square, Bury New Road, Whitefield, Greater Manchester, M45 7TA", "incorporated": "2016-09-30", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "10402874", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/10402874", "ch_note": null }, "place": { "text": "London (postcode not on a primary page; lat/lng null)", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Caroline Plumb", "role": "co-founder and chief executive (as of 2018)", "from": null, "source": "https://techcrunch.com/2018/11/13/fluidly/" } ], "money": [ { "kind": "funding_round", "amount": 5000000, "currency": "GBP", "date": "2018-11-13", "detail": "Series A led by Nyca Partners (single source)", "raw": "funding_round: 5000000 GBP 2018-11-13 — Series A led by Nyca Partners (single source)", "amount_gbp": 5000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£5m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "AI implementation" ], "sectors": [ "finance", "small business software" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Software that used machine learning to forecast cash flow for small and medium-sized businesses.", "affiliation": "Start-ups", "sources": [ "https://techcrunch.com/2018/11/13/fluidly/", "https://find-and-update.company-information.service.gov.uk/company/10402874" ], "source_quotes": [ { "url": "https://techcrunch.com/2018/11/13/fluidly/", "quotes": [ "it has built machine learning-based technology to predict and optimize the future cash flows for SMEs" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/10402874", "quotes": [ "FLUIDLY LIMITED", "Dissolved", "Incorporated on 30 September 2016", "Dissolved on 8 November 2025", "62012 - Business and domestic software development" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "finance", "div": "finance" } ], "div_label": "Finance", "location": "London (postcode not on a primary page; lat/lng null)", "status_group": "dissolved", "ext_links": [ { "kind": "funded_by", "id": "BIZ-INV-201", "name": "Octopus Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-201", "page_label": "Investors" } ], "label_links": [ { "kind": "funded_by", "name": "Nyca Partners" }, { "kind": "funded_by", "name": "Anthemis" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-702", "name": "Abound", "bucket": "co", "status": "active", "status_date": null, "status_detail": "Companies House shows Fintern Ltd (Abound's former name, per UKTN) active on 29 October 2026.", "one_line": "Consumer lender that uses open banking data and AI to judge whether people can afford a loan.", "description": "London consumer lender, previously called Fintern, that uses open banking and AI to build a fuller view of a borrower's finances and set loan rates. UKTN reported in March 2023 that it raised £500 million in debt and equity, from Citi and Waterfall Asset Management (debt) and K3 Ventures, GSR Ventures and Hambro Perks (equity), taking total funding to £570 million. Gerald Chappell was named as chief executive and co-founder. Companies House shows Fintern Ltd, incorporated February 2020, active, with SIC codes for software and consumer credit, and Chappell as a director since July 2020. Diversified business: AI is named in its lending model.", "uk_status": "uk", "company": { "ch_number": "12472034", "registered_office": "3rd Floor 86-90 Paul Street, London, England, EC2A 4NE", "incorporated": "2020-02-19", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "12472034", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/12472034", "ch_note": null }, "place": { "text": "London (EC2A 4NE; lat/lng null)", "postcode": "EC2A 4NE", "lat": 51.525617, "lng": -0.083602, "region": "England: London", "admin_district": "Hackney", "geocoded": "postcodes.io" }, "people": [ { "name": "Gerald Chappell", "role": "co-founder and chief executive (2023); director since 2020-07-08", "from": null, "source": "https://find-and-update.company-information.service.gov.uk/company/12472034/officers" } ], "money": [ { "kind": "funding_round", "amount": 500000000, "currency": "GBP", "date": "2023-03-07", "detail": "debt and equity combined; debt from Citi and Waterfall Asset Management (single source)", "raw": "funding_round: 500000000 GBP 2023-03-07 — debt and equity combined; debt from Citi and Waterfall Asset Management (single source)", "amount_gbp": 500000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£500m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "AI implementation" ], "sectors": [ "finance", "consumer lending", "open banking" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Consumer lender that uses open banking data and AI to judge whether people can afford a loan.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/fintech/abound-funding-20230307", "https://find-and-update.company-information.service.gov.uk/company/12472034", "https://find-and-update.company-information.service.gov.uk/company/12472034/officers" ], "source_quotes": [ { "url": "https://www.uktech.news/fintech/abound-funding-20230307", "quotes": [ "Using open banking technology and AI, Abound says it gets a “holistic” view of a person’s finances", "Previously called Fintern" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/12472034", "quotes": [ "FINTERN LTD", "Active", "Incorporated on 19 February 2020", "64921 - Credit granting by non-deposit taking finance houses" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/12472034/officers", "quotes": [ "CHAPPELL, Gerald", "Director", "8 July 2020" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "finance", "div": "finance" } ], "div_label": "Finance", "location": "London (EC2A 4NE; lat/lng null)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "Citi" }, { "kind": "funded_by", "name": "Waterfall Asset Management" }, { "kind": "funded_by", "name": "K3 Ventures" }, { "kind": "funded_by", "name": "GSR Ventures" }, { "kind": "funded_by", "name": "Hambro Perks" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-703", "name": "Filament", "bucket": "co", "status": "active", "status_date": null, "status_detail": "Companies House shows Filament Consultancy Group Ltd active on 29 October 2026; the match rests on the founding year and on Phil Westcott being a director.", "one_line": "Syfter, an AI platform that helps private equity firms build their own data and deal-sourcing systems.", "description": "London company founded in 2016 that built Syfter, a platform for private equity firms to grow their in-house data infrastructure. UKTN reported £2.85 million in an Enterprise Investment Scheme round led by Wealth Club in May 2023, naming Phil Westcott as co-founder and chief executive. Companies House shows Filament Consultancy Group Ltd, incorporated May 2016, active, with Philip Andrew Westcott a director since May 2017.", "uk_status": "uk", "company": { "ch_number": "10180537", "registered_office": "1 King William Street, London, England, EC4N 7AF", "incorporated": "2016-05-16", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "10180537", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/10180537", "ch_note": null }, "place": { "text": "London (lat/lng null)", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Phil Westcott", "role": "co-founder and chief executive (2023); director since 2017-05-01", "from": null, "source": "https://find-and-update.company-information.service.gov.uk/company/10180537/officers" } ], "money": [ { "kind": "funding_round", "amount": 2850000, "currency": "GBP", "date": "2023-05-09", "detail": "EIS round led by Wealth Club (single source)", "raw": "funding_round: 2850000 GBP 2023-05-09 — EIS round led by Wealth Club (single source)", "amount_gbp": 2850000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£2.9m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Knowledge generation" ], "sectors": [ "finance", "private equity data" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Syfter, an AI platform that helps private equity firms build their own data and deal-sourcing systems.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/ai/filament-funding-20230509", "https://find-and-update.company-information.service.gov.uk/company/10180537", "https://find-and-update.company-information.service.gov.uk/company/10180537/officers" ], "source_quotes": [ { "url": "https://www.uktech.news/ai/filament-funding-20230509", "quotes": [ "AI-powered investment intelligence startup Filament", "Phil Westcott, co-founder and CEO of Filament" ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/10180537", "quotes": [ "FILAMENT CONSULTANCY GROUP LTD", "Active", "Incorporated on 16 May 2016" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/10180537/officers", "quotes": [ "WESTCOTT, Philip Andrew", "Director", "1 May 2017" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Knowledge generation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "finance", "div": "finance" } ], "div_label": "Finance", "location": "London (lat/lng null)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "Wealth Club" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-704", "name": "FALKIN", "bucket": "co", "status": "active", "status_date": null, "status_detail": "Companies House shows FALKIN Limited active on 29 October 2026.", "one_line": "AI tools, built into apps such as banking apps, that spot scammers' manipulation tactics before people make payments.", "description": "Start-up building AI digital-safety tools that analyse manipulation techniques and can be embedded in other apps, such as banking apps, as a layer against fraud. UKTN reported $2 million (£1.5 million) of pre-seed funding in November 2025 led by TriplePoint Ventures, with Notion Capital, Aviva/Founders Factory, Haatch and others. Boaz Valkin was named as co-founder and Joel Frisch as co-founder and chief operating officer. Companies House shows FALKIN Limited, incorporated September 2024 with a St Albans registered office, active, with both as directors. UKTN did not state the company's base. [Round 4, 30 Oct 2026] place: London", "uk_status": "uk", "company": { "ch_number": "15971664", "registered_office": "Arquen House, 4-6 Spicer Street, St. Albans, England, AL3 4PQ", "incorporated": "2024-09-23", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "15971664", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/15971664", "ch_note": null }, "place": { "text": "St Albans (registered office AL3 4PQ; lat/lng null)", "postcode": "AL3 4PQ", "lat": 51.751986, "lng": -0.342585, "region": "England: East of England", "admin_district": "St Albans", "geocoded": "postcodes.io" }, "people": [ { "name": "Boaz Valkin", "role": "co-founder (2025); director since 2024-09-23", "from": null, "source": "https://find-and-update.company-information.service.gov.uk/company/15971664/officers" }, { "name": "Joel Frisch", "role": "co-founder and chief operating officer (2025); director since 2025-03-14", "from": "same source", "source": null } ], "money": [ { "kind": "funding_round", "amount": 2000000, "currency": "USD", "date": "2025-11-11", "detail": "pre-seed led by TriplePoint Ventures (single source)", "raw": "funding_round: 2000000 USD 2025-11-11 — pre-seed led by TriplePoint Ventures (single source)", "amount_gbp": 1518257, "fx_rate": 1.3173, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3173 per £ on 2025-11-11", "fx_date": "2025-11-11", "fx_note": "", "txt": "US$2m", "gbp_txt": "£1.5m" } ], "site": null, "product": null, "dsit_domains": [ "AI security and assurance", "Natural language applications" ], "sectors": [ "fraud prevention", "financial services" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "AI tools, built into apps such as banking apps, that spot scammers' manipulation tactics before people make payments.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/cybersecurity/startup-using-ai-to-detect-scammer-tactics-secures-1-5m-pre-seed-20251111", "https://find-and-update.company-information.service.gov.uk/company/15971664", "https://find-and-update.company-information.service.gov.uk/company/15971664/officers", "https://www.uktech.news/funding/uk-tech-funding-roundup-zilch-ai-score-20251114" ], "source_quotes": [ { "url": "https://www.uktech.news/cybersecurity/startup-using-ai-to-detect-scammer-tactics-secures-1-5m-pre-seed-20251111", "quotes": [ "AI digital safety tools to analyse manipulation techniques", "has secured $2m (£1.5m) in pre-seed funding." ], "accessed": "2026-10-29", "trade": true, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/15971664", "quotes": [ "FALKIN LIMITED", "Active", "Incorporated on 23 September 2024" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/15971664/officers", "quotes": [ "VALKIN, Boaz Ariel", "Director", "23 September 2024", "FRISCH, Joel", "14 March 2025" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://www.uktech.news/funding/uk-tech-funding-roundup-zilch-ai-score-20251114", "quotes": [ "AI digital safety tools to prevent scams before payments are made" ], "accessed": "2026-10-30", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI security and assurance", "Natural language applications" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "fraud prevention", "div": "finance" } ], "div_label": "Finance", "location": "St Albans (registered office AL3 4PQ; lat/lng null)", "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-TAL-190", "name": "Founders Factory", "page": "talent", "href": "../../talent/#org=BIZ-TAL-190", "page_label": "Talent" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2031", "name": "BackFuture Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-2031", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2031", "name": "BackFuture Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-2031", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2102", "name": "Found Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2102", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2102", "name": "Found Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2102", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2104", "name": "Founders Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2104", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2104", "name": "Founders Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2104", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2119", "name": "Haatch", "page": "investors", "href": "../../investors/#org=BIZ-INV-2119", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2119", "name": "Haatch", "page": "investors", "href": "../../investors/#org=BIZ-INV-2119", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2190", "name": "Notion Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2190", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2190", "name": "Notion Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2190", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-TAL-190", "name": "Founders Factory", "page": "talent", "href": "../../talent/#org=BIZ-TAL-190", "page_label": "Talent" }, { "kind": "funded_by", "id": "BIZ-TAL-190", "name": "Founders Factory", "page": "talent", "href": "../../talent/#org=BIZ-TAL-190", "page_label": "Talent" } ], "label_links": [ { "kind": "funded_by", "name": "TriplePoint Ventures" }, { "kind": "funded_by", "name": "Notion Capital" }, { "kind": "funded_by", "name": "Haatch" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-705", "name": "Meshed", "bucket": "co", "status": "active", "status_date": null, "status_detail": "Status as of August 2025 only (UKTN); no Companies House company with its named officers was found.", "one_line": "An insurance broker run on AI agents that gather quotes and chase insurers, leaving human brokers to handle clients.", "description": "Self-described as the UK's first AI-native insurance broker, Meshed deploys AI agents to handle broker tasks such as getting quotes and chasing insurers. UKTN reported a £950,000 pre-seed round in August 2025 from Haatch and Founders Factory, naming Mark Costello as chief executive and Jake Wells as co-founder and chief operating officer. Two Companies House companies called Meshed Ltd were checked and neither lists Costello or Wells as officers, so the legal entity is unconfirmed.", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": null, "postcode": null, "lat": null, "lng": null, "region": null }, "people": [ { "name": "Mark Costello", "role": "chief executive (2025)", "from": null, "source": "https://www.uktech.news/insurtech/uks-first-ai-insurance-broker-raises-950000-20250818" }, { "name": "Jake Wells", "role": "co-founder and chief operating officer (2025)", "from": null, "source": null } ], "money": [ { "kind": "funding_round", "amount": 950000, "currency": "GBP", "date": "2025-08-18", "detail": "pre-seed from Haatch and Founders Factory (single source)", "raw": "funding_round: 950000 GBP 2025-08-18 — pre-seed from Haatch and Founders Factory (single source)", "amount_gbp": 950000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£950,000", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Autonomous and agent systems" ], "sectors": [ "insurance broking" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "An insurance broker run on AI agents that gather quotes and chase insurers, leaving human brokers to handle clients.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/insurtech/uks-first-ai-insurance-broker-raises-950000-20250818" ], "source_quotes": [ { "url": "https://www.uktech.news/insurtech/uks-first-ai-insurance-broker-raises-950000-20250818", "quotes": [ "self-described as the UK's first AI-native insurance broker", "has closed its pre-seed funding round, pulling in £950,000." ], "accessed": "2026-10-29", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Autonomous and agent systems" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "insurance broking", "div": "finance" } ], "div_label": "Finance", "location": null, "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-TAL-190", "name": "Founders Factory", "page": "talent", "href": "../../talent/#org=BIZ-TAL-190", "page_label": "Talent" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2119", "name": "Haatch", "page": "investors", "href": "../../investors/#org=BIZ-INV-2119", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2119", "name": "Haatch", "page": "investors", "href": "../../investors/#org=BIZ-INV-2119", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-TAL-190", "name": "Founders Factory", "page": "talent", "href": "../../talent/#org=BIZ-TAL-190", "page_label": "Talent" }, { "kind": "funded_by", "id": "BIZ-TAL-190", "name": "Founders Factory", "page": "talent", "href": "../../talent/#org=BIZ-TAL-190", "page_label": "Talent" } ], "label_links": [ { "kind": "funded_by", "name": "Haatch" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-706", "name": "Round", "bucket": "co", "status": "active", "status_date": null, "status_detail": "Status as of April 2026 only (tech.eu); the Companies House company was not identified.", "one_line": "AI-powered finance automation that approves invoices, makes payments and funds payroll for company finance teams.", "description": "London company offering an AI-powered finance automation platform that handles invoice approvals, payment execution and payroll funding and syncs with ERP systems; it launched an Agentic Workflow Builder and Autonomous Payroll. tech.eu reported a $6 million seed round in April 2026 led by Alstin Capital, with Backed VC, Love Ventures and existing investor Passion Capital. Co-founders named were Pac O'Shea and Hayyaan Ahmad. A Companies House officer search found a Hayyaan Ahmad with three appointments, but the company itself was not opened.", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "London (lat/lng null)", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Pac O'Shea", "role": "co-founder (2026)", "from": null, "source": "https://tech.eu/2026/04/13/round-raises-6m-to-scale-its-ai-powered-finance-automation-platform/" }, { "name": "Hayyaan Ahmad", "role": "co-founder (2026)", "from": null, "source": null } ], "money": [ { "kind": "funding_round", "amount": 6000000, "currency": "USD", "date": "2026-04-13", "detail": "seed led by Alstin Capital (single source)", "raw": "funding_round: 6000000 USD 2026-04-13 — seed led by Alstin Capital (single source)", "amount_gbp": 4457321, "fx_rate": 1.3461, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3461 per £ on 2026-04-13", "fx_date": "2026-04-13", "fx_note": "", "txt": "US$6m", "gbp_txt": "£4.5m" } ], "site": null, "product": null, "dsit_domains": [ "Autonomous and agent systems", "AI implementation" ], "sectors": [ "finance", "payments", "accounts payable" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "AI-powered finance automation that approves invoices, makes payments and funds payroll for company finance teams.", "affiliation": "Start-ups", "sources": [ "https://tech.eu/2026/04/13/round-raises-6m-to-scale-its-ai-powered-finance-automation-platform/" ], "source_quotes": [ { "url": "https://tech.eu/2026/04/13/round-raises-6m-to-scale-its-ai-powered-finance-automation-platform/", "quotes": [ "has raised $6 million in seed funding to accelerate the development of its financial infrastructure" ], "accessed": "2026-10-29", "trade": true, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Autonomous and agent systems", "AI implementation" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "finance", "div": "finance" } ], "div_label": "Finance", "location": "London (lat/lng null)", "status_group": "active", "ext_links": [ { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2019", "name": "Alstin Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2019", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2019", "name": "Alstin Capital", "page": "investors", "href": "../../investors/#org=BIZ-INV-2019", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2030", "name": "Backed VC", "page": "investors", "href": "../../investors/#org=BIZ-INV-2030", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2030", "name": "Backed VC", "page": "investors", "href": "../../investors/#org=BIZ-INV-2030", "page_label": "Investors" }, { "kind": "linked from: portfolio_of", "id": "BIZ-INV-2163", "name": "Love Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-2163", "page_label": "Investors" }, { "kind": "funded_by", "id": "BIZ-INV-2163", "name": "Love Ventures", "page": "investors", "href": "../../investors/#org=BIZ-INV-2163", "page_label": "Investors" } ], "label_links": [ { "kind": "funded_by", "name": "Alstin Capital" }, { "kind": "funded_by", "name": "Backed VC" }, { "kind": "funded_by", "name": "Passion Capital" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-801", "name": "Ophelos", "bucket": "co", "status": "active", "status_date": null, "status_detail": "Companies House shows Ophelos Ltd active, with a confirmation statement dated 19 May 2026.", "one_line": "Debt-collection platform that uses machine learning to set affordable repayment plans for people in debt.", "description": "Ophelos is a London fintech led by co-founder and chief executive Amon Ghaiumy. It uses machine learning to help customers settle debts through affordable payment plans and gives businesses insight into customers' financial wellbeing. UKTN reported a £5m round led by AlbionVC in June 2022, with Vast Ventures, Form Ventures, Connect Ventures and Fly Ventures. Ophelos Ltd lists both software development and collection-agency activity at Companies House.", "uk_status": "uk", "company": { "ch_number": "12185588", "registered_office": "1 Finsbury Avenue, London, United Kingdom, EC2M 2PF", "incorporated": "2019-09-02", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "12185588", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/12185588", "ch_note": null }, "place": { "text": "London (EC2M 2PF; null; null)", "postcode": "EC2M 2PF", "lat": 51.519362, "lng": -0.08496, "region": "England: London", "admin_district": "City of London", "geocoded": "postcodes.io" }, "people": [ { "name": "Amon Ghaiumy", "role": "co-founder and chief executive (as of 2022)", "from": null, "source": "https://www.uktech.news/fintech/ophelos-debt-collector-raises-5m-20220629" } ], "money": [ { "kind": "funding_round", "amount": 5000000, "currency": "GBP", "date": "2022-06", "detail": "led by AlbionVC", "raw": "funding_round: 5000000 GBP 2022-06 — led by AlbionVC", "amount_gbp": 5000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£5m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "AI implementation" ], "sectors": [ "debt collection", "fintech" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Debt-collection platform that uses machine learning to set affordable repayment plans for people in debt.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/fintech/ophelos-debt-collector-raises-5m-20220629", "https://find-and-update.company-information.service.gov.uk/company/12185588" ], "source_quotes": [ { "url": "https://www.uktech.news/fintech/ophelos-debt-collector-raises-5m-20220629", "quotes": [ "uses machine learning technology to challenge what it considers to be poor practices in the debt collection industry" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/12185588", "quotes": [ "OPHELOS LTD", "Active", "Incorporated on 2 September 2019", "82911 - Activities of collection agencies" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "AI implementation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "debt collection", "div": "finance" } ], "div_label": "Finance", "location": "London (EC2M 2PF; null; null)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "AlbionVC" }, { "kind": "funded_by", "name": "Connect Ventures" }, { "kind": "funded_by", "name": "Fly Ventures" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-802", "name": "Theia Insights", "bucket": "co", "status": "active", "status_date": null, "status_detail": "Companies House shows Theia Insights Ltd active, with a confirmation statement dated 31 March 2026; a US company, Theia Insights, Inc., opened a UK establishment on 1 April 2023.", "one_line": "AI that builds risk models, portfolio analytics and industry classifications for investors and banks.", "description": "Theia Insights was founded in Cambridge in 2022 by former Amazon Alexa scientist Dr Ye Tian. Its platform uses AI to generate risk models, portfolio analytics and industry classification insights for wealth managers, ETF issuers, index providers and banks. UKTN reported a $6.5m (£5.1m) round led by Unusual Ventures in March 2024, with Fidelity International Strategic Ventures and Clocktower Ventures. Companies House also lists Theia Insights, Inc. (Delaware) with a Cambridge UK establishment.", "uk_status": "uk", "company": { "ch_number": "14082514", "registered_office": "Wellington House, East Road, Cambridge, England, CB1 1BH", "incorporated": "2022-05-03", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "14082514", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/14082514", "ch_note": null }, "place": { "text": "Cambridge (CB1 1BH; null; null)", "postcode": "CB1 1BH", "lat": 52.203489, "lng": 0.13179, "region": "England: East of England", "admin_district": "Cambridge", "geocoded": "postcodes.io" }, "people": [ { "name": "Dr Ye Tian", "role": "founder (as of 2024)", "from": null, "source": "https://www.uktech.news/fintech/theia-insights-ai-investment-analysis-20240306" } ], "money": [ { "kind": "funding_round", "amount": 6500000, "currency": "USD", "date": "2024-03", "detail": "led by Unusual Ventures (reported as £5.1m)", "raw": "funding_round: 6500000 USD 2024-03 — led by Unusual Ventures (reported as £5.1m)", "amount_gbp": 5137528, "fx_rate": 1.2652, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2652 per £ on 2024-03-01", "fx_date": "2024-03-01", "fx_note": "month only given: rate for the 1st", "txt": "US$6.5m", "gbp_txt": "£5.1m" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "Knowledge generation" ], "sectors": [ "investment analytics", "fintech" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "AI that builds risk models, portfolio analytics and industry classifications for investors and banks.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/fintech/theia-insights-ai-investment-analysis-20240306", "https://find-and-update.company-information.service.gov.uk/company/14082514" ], "source_quotes": [ { "url": "https://www.uktech.news/fintech/theia-insights-ai-investment-analysis-20240306", "quotes": [ "Theia Insights, an AI fintech startup providing information for financial professionals, has raised $6.5m (£5.1m)." ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/14082514", "quotes": [ "THEIA INSIGHTS LTD", "Active", "Incorporated on 3 May 2022" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "Knowledge generation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "investment analytics", "div": "finance" } ], "div_label": "Finance", "location": "Cambridge (CB1 1BH; null; null)", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "Unusual Ventures" }, { "kind": "funded_by", "name": "Fidelity International Strategic Ventures" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-803", "name": "Crediflow AI", "bucket": "co", "status": "active", "status_date": null, "status_detail": "BusinessCloud reported a £200,000 PraeSeed investment (date not captured). Not found at Companies House under the name Crediflow.", "one_line": "AI software for banks and lenders that automates credit analysis, due diligence and risk monitoring.", "description": "Crediflow AI is a Manchester start-up whose software automates time-intensive steps in credit analysis, due diligence and risk monitoring for banks, business lenders and credit teams. BusinessCloud reported that it was one of eight businesses to receive £200,000 each from the PraeSeed programme, led by the Northern Powerhouse Investment Fund II and PXN Ventures. People and legal entity not found.", "uk_status": "uk", "company": { "ch_number": null, "registered_office": null, "incorporated": null, "legal_form": null, "owner_or_acquirer": null, "headcount": null, "ch_number_clean": null, "companies_house_url": null, "ch_note": null }, "place": { "text": "Manchester", "postcode": null, "lat": null, "lng": null, "region": "England: North West" }, "people": [], "money": [ { "kind": "funding_round", "amount": 200000, "currency": "GBP", "date": null, "detail": "PraeSeed (NPIF II and PXN Ventures)", "raw": "funding_round: 200000 GBP null — PraeSeed (NPIF II and PXN Ventures)", "amount_gbp": 200000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£200,000", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Natural language applications", "AI implementation" ], "sectors": [ "lending", "credit risk" ], "confidence": "single_source", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "AI software for banks and lenders that automates credit analysis, due diligence and risk monitoring.", "affiliation": "Start-ups", "sources": [ "https://businesscloud.co.uk/news/8-startups-funded-by-pxns-praeseed-programme/" ], "source_quotes": [ { "url": "https://businesscloud.co.uk/news/8-startups-funded-by-pxns-praeseed-programme/", "quotes": [ "Manchester's Crediflow AI received investment from PraeSeed after impressing the team with its AI-driven FinTech solution," ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Natural language applications", "AI implementation" ], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "lending", "div": "finance" } ], "div_label": "Finance", "location": "Manchester", "status_group": "active", "ext_links": [], "label_links": [ { "kind": "funded_by", "name": "PXN Ventures" }, { "kind": "funded_by", "name": "Northern Powerhouse Investment Fund II" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-804", "name": "i23", "bucket": "co", "status": "active", "status_date": "2026-10-29", "status_detail": "tech.eu reported on 29 October 2026 a £4.9m seed round; Companies House shows i23 Group Limited incorporated on 15 September 2026 with Bim Afolami and Anand Sambasivan as directors.", "one_line": "AI-native insurance broker building software to take over brokers' routine administrative work.", "description": "i23 was launched by Bim Afolami, economic secretary to the Treasury in 2023–24, with Anand Sambasivan (co-founder of PrimaryBid), Mike Coombes and Salman Valibeik. It is building an AI-native insurance broker and an AI operating model for brokers' routine administration. tech.eu, citing Sky News, reported a £4.9m seed round on 29 October 2026, jointly led by Four Cities Capital with Outward VC, Seedcamp and Insiders Ventures. The holding company, i23 Group Limited, is registered in St Albans.", "uk_status": "uk", "company": { "ch_number": "17460902", "registered_office": "Arquen House, 4-6 Spicer Street, St. Albans, England, AL3 4PQ", "incorporated": "2026-09-15", "legal_form": "ltd", "owner_or_acquirer": null, "headcount": null, "ch_number_clean": "17460902", "companies_house_url": "https://find-and-update.company-information.service.gov.uk/company/17460902", "ch_note": null }, "place": { "text": "St Albans (registered office, AL3 4PQ; null; null)", "postcode": "AL3 4PQ", "lat": 51.751986, "lng": -0.342585, "region": "England: East of England", "admin_district": "St Albans", "geocoded": "postcodes.io" }, "people": [ { "name": "Bim Afolami", "role": "founder; director (Abimbola Olubunmi Edet Afolami) since 2026-09-15", "from": null, "source": "https://tech.eu/2026/10/29/former-uk-government-minister-afolami-raises-ps5m-for-ai-insurance-broker-startup" }, { "name": "Anand Sambasivan", "role": "co-founder; director since 2026-09-15", "from": null, "source": "https://tech.eu/2026/10/29/former-uk-government-minister-afolami-raises-ps5m-for-ai-insurance-broker-startup" } ], "money": [ { "kind": "funding_round", "amount": 4900000, "currency": "GBP", "date": "2026-10", "detail": "seed jointly led by Four Cities Capital; Outward VC, Seedcamp, Insiders Ventures", "raw": "funding_round: 4900000 GBP 2026-10 — seed jointly led by Four Cities Capital; Outward VC, Seedcamp, Insiders Ventures", "amount_gbp": 4900000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£4.9m", "gbp_txt": "" } ], "site": null, "product": null, "dsit_domains": [ "Autonomous and agent systems", "AI implementation" ], "sectors": [ "insurance broking" ], "confidence": "verified", "checked": "2026-10-29", "as_of": "2026-10-29", "applied": null, "held": [], "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "AI-native insurance broker building software to take over brokers' routine administrative work.", "affiliation": "Start-ups", "sources": [ "https://tech.eu/2026/10/29/former-uk-government-minister-afolami-raises-ps5m-for-ai-insurance-broker-startup", "https://find-and-update.company-information.service.gov.uk/company/17460902", "https://find-and-update.company-information.service.gov.uk/company/17460902/officers" ], "source_quotes": [ { "url": "https://tech.eu/2026/10/29/former-uk-government-minister-afolami-raises-ps5m-for-ai-insurance-broker-startup", "quotes": [ "The startup has raised £4.9m in seed funding, according to Sky News, which first reported the news.", "We are building an AI-native insurance broker." ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/17460902", "quotes": [ "I23 GROUP LIMITED", "Active", "Incorporated on 15 September 2026", "64205" ], "accessed": "2026-10-29", "trade": false, "amendment": false }, { "url": "https://find-and-update.company-information.service.gov.uk/company/17460902/officers", "quotes": [ "AFOLAMI, Abimbola Olubunmi Edet", "15 September 2026", "SAMBASIVAN, Anand", "15 September 2026" ], "accessed": "2026-10-29", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [ "Autonomous and agent systems", "AI implementation" ], "one_source": false, "confidence_raw": "verified", "depts": [ { "dept": "insurance broking", "div": "finance" } ], "div_label": "Finance", "location": "St Albans (registered office, AL3 4PQ; null; null)", "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-INV-202", "name": "Seedcamp", "page": "investors", "href": "../../investors/#org=BIZ-INV-202", "page_label": "Investors" } ], "label_links": [ { "kind": "funded_by", "name": "Four Cities Capital" }, { "kind": "funded_by", "name": "Outward VC" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-2001", "name": "Inicio AI", "bucket": "co", "status": "active", "status_date": "2025-11-07", "status_detail": null, "one_line": "Runs Budgie, a virtual agent that helps people fill in financial affordability forms; started in UK debt management, now lending, mortgages and advice.", "description": null, "uk_status": "uk", "company": null, "place": { "text": "England and Scotland (HQ not stated)", "postcode": null, "lat": null, "lng": null, "region": null }, "people": [ { "name": "Rachel Curtis", "role": "CEO", "from": null, "source": "https://www.fintechscotland.com/financial-regulation-innovation-lab-fril-responsible-innovation-case-study-inicio-ai/", "round4": true } ], "money": [], "site": null, "product": null, "dsit_domains": [], "sectors": [], "confidence": "single_source", "checked": "2026-10-30", "as_of": "2026-10-30", "applied": null, "held": null, "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Runs Budgie, a virtual agent that helps people fill in financial affordability forms; started in UK debt management, now lending, mortgages and advice.", "affiliation": "Start-ups", "sources": [ "https://www.fintechscotland.com/financial-regulation-innovation-lab-fril-responsible-innovation-case-study-inicio-ai/" ], "source_quotes": [ { "url": "https://www.fintechscotland.com/financial-regulation-innovation-lab-fril-responsible-innovation-case-study-inicio-ai/", "quotes": [ "Budgie turns what can be an intimidating process into a supportive experience." ], "accessed": "2026-10-30", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "Finance", "div": "finance" } ], "div_label": "Finance", "location": "England and Scotland (HQ not stated)", "status_group": "active", "ext_links": [], "label_links": [], "degree": 1, "related_ids": [ "BIZ-SU-FIN-036" ] }, { "id": "BIZ-SU-FIN-2002", "name": "Ask Silver", "bucket": "co", "status": "active", "status_date": "2025-12-17", "status_detail": null, "one_line": "Scam-checking AI: people submit messages, emails or links and are told whether they look like a scam.", "description": null, "uk_status": "uk", "company": null, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [ { "name": "Alex Somervell", "role": "Co-founder and CEO", "from": null, "source": "https://www.fintechscotland.com/financial-regulation-innovation-lab-fril-responsible-innovation-case-study-ask-silver/", "round4": true } ], "money": [], "site": null, "product": null, "dsit_domains": [], "sectors": [], "confidence": "single_source", "checked": "2026-10-30", "as_of": "2026-10-30", "applied": null, "held": null, "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "Scam-checking AI: people submit messages, emails or links and are told whether they look like a scam.", "affiliation": "Start-ups", "sources": [ "https://www.fintechscotland.com/financial-regulation-innovation-lab-fril-responsible-innovation-case-study-ask-silver/" ], "source_quotes": [ { "url": "https://www.fintechscotland.com/financial-regulation-innovation-lab-fril-responsible-innovation-case-study-ask-silver/", "quotes": [ "Ask Silver gives people a fast, easy way to check messages, emails or links for scams." ], "accessed": "2026-10-30", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "Finance", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [], "label_links": [], "degree": 1, "related_ids": [ "BIZ-SU-FIN-036" ] }, { "id": "BIZ-SU-FIN-2012", "name": "adclear.ai (Adclear)", "bucket": "co", "status": "active", "status_date": "2025-11-14", "status_detail": null, "one_line": "AI platform that automates compliance checks on adverts and marketing for consumer brands in regulated sectors; BridgeAI creative cohort 2024.", "description": "[Round 4, 30 Oct 2026] START-UPS: Checks marketing material for compliance for direct-to-consumer brands in regulated sectors.", "uk_status": "uk", "company": null, "place": { "text": "London", "postcode": null, "lat": null, "lng": null, "region": "England: London" }, "people": [], "money": [], "site": null, "product": null, "dsit_domains": [], "sectors": [], "confidence": "single_source", "checked": "2026-10-30", "as_of": "2026-10-30", "applied": null, "held": null, "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "AI platform that automates compliance checks on adverts and marketing for consumer brands in regulated sectors; BridgeAI creative cohort 2024.", "affiliation": "Start-ups", "sources": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-zilch-ai-score-20251114", "https://www.digicatapult.org.uk/about/press-releases/post/creative-industries-to-be-catalysed-by-advanced-ai-solutions/", "https://www.digicatapult.org.uk/programmes/programme/bridgeai/bridgeai-cohorts-and-organisations/" ], "source_quotes": [ { "url": "https://www.uktech.news/funding/uk-tech-funding-roundup-zilch-ai-score-20251114", "quotes": [ "has developed an AI-powered platform that automates compliance checks" ], "accessed": "2026-10-30", "trade": true, "amendment": false }, { "url": "https://www.digicatapult.org.uk/about/press-releases/post/creative-industries-to-be-catalysed-by-advanced-ai-solutions/", "quotes": [ "solution will transform the way adverts are reviewed with an automated process" ], "accessed": "2026-10-30", "trade": false, "amendment": false }, { "url": "https://www.digicatapult.org.uk/programmes/programme/bridgeai/bridgeai-cohorts-and-organisations/", "quotes": [ "revolutionizing marketing compliance for fast-growing D2C brands operating in highly regulated sectors" ], "accessed": "2026-10-30", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "Finance", "div": "finance" } ], "div_label": "Finance", "location": "London", "status_group": "active", "ext_links": [ { "kind": "funded_by", "id": "BIZ-INV-2194", "name": "Outward VC", "page": "investors", "href": "../../investors/#org=BIZ-INV-2194", "page_label": "Investors" } ], "label_links": [ { "kind": "alumni_of", "name": "BridgeAI (Digital Catapult)" }, { "kind": "member_of", "name": "BridgeAI" } ], "degree": 0, "related_ids": [] }, { "id": "BIZ-SU-FIN-2017", "name": "Bourn AI", "bucket": "co", "status": "active", "status_date": "2026 (report year)", "status_detail": null, "one_line": "UK fintech using generative AI and machine learning to improve smaller businesses' access to finance; tested in the FCA Regulatory Sandbox.", "description": null, "uk_status": "uk", "company": null, "place": null, "people": [], "money": [], "site": null, "product": null, "dsit_domains": [], "sectors": [], "confidence": "single_source", "checked": "2026-10-30", "as_of": "2026-10-30", "applied": null, "held": null, "same_as": null, "package1_id": null, "type": "Companies", "category": "finance", "function": "UK fintech using generative AI and machine learning to improve smaller businesses' access to finance; tested in the FCA Regulatory Sandbox.", "affiliation": "Start-ups", "sources": [ "https://www.fca.org.uk/publication/corporate/innovation-insights.pdf" ], "source_quotes": [ { "url": "https://www.fca.org.uk/publication/corporate/innovation-insights.pdf", "quotes": [ "UK fintech focused on improving access to finance for smaller businesses" ], "accessed": "2026-10-30", "trade": false, "amendment": false } ], "website": [], "colleges": [], "topics": [], "one_source": true, "confidence_raw": "single_source", "depts": [ { "dept": "Finance", "div": "finance" } ], "div_label": "Finance", "location": null, "status_group": "active", "ext_links": [], "label_links": [ { "kind": "member_of", "name": "FCA Regulatory Sandbox" } ], "degree": 0, "related_ids": [] } ], "links": [ { "source": "BIZ-SU-FIN-039", "target": "BIZ-SU-FIN-033", "kind": "partner_of", "evidence": "BIZ-SU-FIN-039 links: partner_of → BIZ-SU-FIN-033 FCA AI Lab" }, { "source": "BIZ-SU-FIN-008", "target": "BIZ-SU-FIN-032", "kind": "partner_of", "evidence": "BIZ-SU-FIN-008 links: partner_of → Sumsub" }, { "source": "BIZ-SU-FIN-016", "target": "BIZ-SU-FIN-030", "kind": "supplies", "evidence": "BIZ-SU-FIN-016 links: supplies → Thirdfort (BIZ-SU-FIN-030)" }, { "source": "BIZ-SU-FIN-032", "target": "BIZ-SU-FIN-008", "kind": "partner_of", "evidence": "BIZ-SU-FIN-032 links: partner_of → ComplyAdvantage (BIZ-SU-FIN-008)" }, { "source": "BIZ-SU-FIN-034", "target": "BIZ-SU-FIN-033", "kind": "part_of", "evidence": "BIZ-SU-FIN-034 links: part_of → FCA AI Lab (BIZ-SU-FIN-033)" }, { "source": "BIZ-SU-FIN-035", "target": "BIZ-SU-FIN-033", "kind": "part_of", "evidence": "BIZ-SU-FIN-035 links: part_of → FCA AI Lab (BIZ-SU-FIN-033)" }, { "source": "BIZ-SU-FIN-2001", "target": "BIZ-SU-FIN-036", "kind": "alumni_of", "evidence": "BIZ-SU-FIN-2001 links: alumni_of → Financial Regulation Innovation Lab" }, { "source": "BIZ-SU-FIN-2002", "target": "BIZ-SU-FIN-036", "kind": "alumni_of", "evidence": "BIZ-SU-FIN-2002 links: alumni_of → Financial Regulation Innovation Lab" } ], "placement_method": { "by_sub_page_or_type": 65 } }