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Xapien secures $10M in Series A funding led by YFM Equity Partners to revolutionize due diligence with AI technology

Jul 17, 2024•almost 2 years ago

Contract Type

partnership

LondonArtificial IntelligenceSaasMachine LearningNatural Language Processing

Description

Xapien has secured $10M in Series A funding to enhance its AI-powered due diligence platform, which revolutionizes due diligence and delivers rapid, cost-effective research reports for a profound shift in the $44 billion compliance market. The funding will be used to accelerate the development of its next-generation entity resolution engine, expand into new sectors, and grow its footprint in the US.

Company Information

Company

Xapien

Location

London, Ontario, Canada

About

Founded by deep technology experts with decades of experience in intelligence and financial crime, Xapien applies cutting edge artificial intelligence and natural language processing to deliver on-demand research for businesses seeking to truly understand their third parties. Xapien's SaaS platform is transforming how the world deals with third parties. It enables anyone to know who they are in business with, a capability available until now only to organisations with significant resources.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.