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Mantic, a London-based startup, raises $4 million in pre-seed funding to enhance its AI-powered forecasting tech, led by Episode 1.

PRIVATEAug 27, 202510 months ago

Amount Raised

$4 Million

Round Type

Pre-Seed

LondonSoftwareArtificial Intelligence

Investors

Various Angel InvestorsDrwEpisode 1

Description

Mantic has emerged from stealth mode with a $4 million pre-seed funding round, led by VC Episode 1 and supported by DRW and angel investors. Founded by former Google DeepMind researcher Toby Shevlane, the startup aims to revolutionize prediction methodologies. Their tech targets various sectors, assisting leaders in forecasting complex events like supply chain disruptions. Mantic’s innovative approach combines AI with flexible reasoning for superior decision-making.

Company Information

Company

Mantic

Location

London, England, United Kingdom

About

Mantic is a London-based startup that has developed AI-powered technology to forecast global events. Founded by former Google DeepMind researcher Toby Shevlane and machine learning PhD holder Ben Day, Mantic aims to enhance decision-making across business and policy by providing accurate predictions. Its technology focuses on 'judgmental forecasting,' which combines flexible reasoning with data analysis. Mantic's innovations are intended to help leaders anticipate various human affairs, such as geopolitical shocks and supply chain disruptions.

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Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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.

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