2 years ago

Xapien Secures £4.5 Million Funding to Expand its Third-Party Due Diligence Platform

  • Xapien, a London-based tech platform provider for businesses, has raised £4.5 million in funding led by YFM Equity Partners and backed by D2 Fund, bringing its total seed funding to £6 million

  • The company intends to use the funds to accelerate product development and go-to-market, expand into new verticals and extend its US footprint

  • Xapien applies AI and natural language processing to deliver on-demand research for businesses seeking to understand their third parties

  • Its SaaS platform enables anyone to know who they are in business with, whether used for client onboarding, investment due diligence, compliance, reputational and integrity due diligence, donor prospect research and more.

      • ProblemTechnology

      "Businesses struggle to efficiently and accurately understand their third parties due to limited resources and time-consuming manual research processes."

      Solution

      "Xapien offers an AI-powered SaaS platform that automates and enhances third-party research, enabling companies to quickly and thoroughly understand their business partners, clients, and other entities."

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