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Relace raises $1.6M in pre-seed funding led by Boost Capital to automate compliance for financial institutions using AI.
Amount Raised
$1.6 Million
Round Type
Pre-Seed
Greater LondonFinancial ServicesSoftwareArtificial IntelligenceFintechInvestors
Description
Relace, a London-based fintech startup founded in early 2026, has secured $1.6 million in pre-seed funding to help financial institutions automate compliance using artificial intelligence. The round was led by Boost Capital and included backing from Ascension, Koro Capital, and angel investors from JPMorgan, Barclays, Morgan Stanley, OpenAI, and SAP. The company addresses a critical gap in the financial services sector where manual compliance processes rely on spreadsheets and external counsel. Relace aims to streamline regulatory navigation as global compliance requirements continue to expand across AI governance, cybersecurity, and cross-border frameworks.
Fundz sees it the moment Relace raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Relace 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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