Fundz

Intelligent AI receives £800k in grant funding from South West-based investors to scale up operations and double its workforce

PRIVATEMay 31, 2024

Amount Raised

£800,000

Round Type

Seed

ExeterSoftwareArtificial IntelligenceMachine Learning

Investors

Angel Investors BristolThe Cornwall And Isles Of Scilly Investment Fund

Description

Intelligent AI, based in Newquay and Exeter, has received an £800,000 grant funding boost from South West-based investors, including The Cornwall and Isles of Scilly Investment Fund and Angel Investors Bristol. The funding will enable the company to double its workforce in Cornwall and Devon, and expand its national footprint to scale up its operations.

Quick answer

Intelligent AI raised £800,000 in a Seed round, dated May 31, 2024. Investors: Angel Investors Bristol and The Cornwall And Isles Of Scilly Investment Fund. Intelligent AI is based in Exeter, England, United Kingdom.

How much did Intelligent AI raise?
Intelligent AI raised £800,000 in a Seed round on May 31, 2024.
Who invested in Intelligent AI?
Angel Investors Bristol and The Cornwall And Isles Of Scilly Investment Fund are named as investors in this round.
What does Intelligent AI do?
Intelligent AI is disrupting insurance risk management through AI and data analytics solutions to identify, measure, predict and mitigate global risk and bring clarity to insurers and commercial property owners through..
Where is Intelligent AI based and how big is it?
Intelligent AI is based in Exeter, England, United Kingdom.
Who are the decision-makers at Intelligent AI?
Fundz holds 1 contact at Intelligent AI, including the Chief Commercial Officer & Co-Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Intelligent AI that raised within 45 days of this round, from Fundz verified event records.

  • Kindo raised $21M (Funding Round) on July 15, 2024.
  • LegalFly raised $16M (Series A) on July 15, 2024.
  • Jacobi Robotics raised $5M (Seed) on July 15, 2024.
  • Modicus Prime raised $3.5M (Seed) on July 15, 2024.
  • Hui raised $27M on July 11, 2024.
  • trail raised $1.6M (Pre-Seed) on July 11, 2024.

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Company Information

Company

Intelligent AI

Location

Exeter, England, United Kingdom

About

Intelligent AI is disrupting insurance risk management through AI and data analytics solutions to identify, measure, predict and mitigate global risk and bring clarity to insurers and commercial property owners through Digital Twin location profiles on 100% of locations within a portfolio. Intelligent AI is part of the Innovate UK funded KnowRisk Consortium, bringing together for the first time, Insurance Risk, Supply Chain Risk and Audit Risk to deliver a 360 degree view of risk across the enterprise.

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Related People

1 contact
Verified contactsNeil S., Chief Commercial Officer & Co-Founder hiddenSee plans and pricing
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