Fundz

PeppercornAI raises £3.25M in a Series A round to develop conversational AI platform for insurance industry

PRIVATEApr 24, 2024

Amount Raised

£3.25 Million

Round Type

Series A

CardiffSoftwareArtificial Intelligence

Investors

Angels Invest WalesEheWealth Club

Description

PeppercornAI has raised £3.25M in a Series A round led by Wealth Club, EHE, and Angels Invest Wales. The funding will be used to further develop the company’s conversational AI platform and support the pipeline of B2B demand in the UK and from overseas.

Quick answer

PeppercornAI raised £3.25 Million in a Series A round, dated April 24, 2024. Investors: Angels Invest Wales, Ehe and Wealth Club. PeppercornAI is based in Cardiff, Wales, United Kingdom.

How much did PeppercornAI raise?
PeppercornAI raised £3.25 Million in a Series A round on April 24, 2024.
Who invested in PeppercornAI?
Angels Invest Wales, Ehe and Wealth Club are named as investors in this round.
What does PeppercornAI do?
PeppercornAI is a Cardiff-based insurtech company that uses conversational AI to reduce operating costs, better protect risk, and deliver a better customer experience through its SaaS platform Pipr.
Where is PeppercornAI based and how big is it?
PeppercornAI is based in Cardiff, Wales, United Kingdom.
Who are the decision-makers at PeppercornAI?
Fundz holds 1 contact at PeppercornAI. 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 PeppercornAI that raised within 45 days of this round, from Fundz verified event records.

  • Dappier raised $1.7M on June 7, 2024.
  • Greptile raised $4.1M (Seed) on June 7, 2024.
  • Browserbase raised $6.5M (Seed) on June 6, 2024.
  • Bem raised $3.7M (Seed) on June 6, 2024.
  • Tektonic AI raised $10M (Funding Round) on June 6, 2024.
  • Sixfold raised $15M (Series A) on June 6, 2024.

Who to call at PeppercornAI, and when

A new round usually means PeppercornAI is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day PeppercornAI raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at PeppercornAI, from your own LinkedIn network

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Company Information

Company

PeppercornAI

Location

Cardiff, Wales, United Kingdom

About

PeppercornAI is a Cardiff-based insurtech company that uses conversational AI to reduce operating costs, better protect risk, and deliver a better customer experience through its SaaS platform Pipr.

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Fundz sees it the moment PeppercornAI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

PeppercornAI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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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 Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.