Graceview Secures $1.5M in Funding to Drive Growth
Date – 05-Aug-2024
Graceview Announces Successful Completion of $1.5M Funding Round
Key Points:
- Graceview has secured $1.5 million in funding.
- The funding round was led by entrepreneur Patrick Linton, alongside a group of tech founders and investors.
- The capital will accelerate the rollout of Graceview’s AI-driven compliance platform.
- The platform integrates AI, machine learning, and legal expertise to provide precise, real-time compliance insights.
- The funds will support revenue growth and expansion into the Asia-Pacific and UK/European markets.
Graceview Secures $1.5M in Funding to Accelerate Growth
Graceview, a leader in generative AI for compliance, has successfully completed a $1.5 million funding round.
The investment, led by Singapore-based entrepreneur Patrick Linton and a consortium of tech founders and investors, will drive the commercial rollout of Graceview’s AI-driven platform and support its expansion efforts.
The platform leverages AI, machine learning, legal knowledge, and data analytics to provide real-time insights on compliance threats and opportunities. It combines the efficiency of generative AI with senior lawyer oversight to streamline regulatory compliance and ensure continuous adherence to regulations.
Simon Quirk, Co-Founder & CEO of Graceview, stated:
“We are thrilled to have business and technology visionaries supporting our vision for the future of compliance. The compliance challenges faced by large corporates are growing rapidly, and current solutions are often complex and costly. Our approach, which integrates generative AI with expert legal oversight, demonstrates that managing regulatory change can be both continuous and cost-effective. We are eager to collaborate with our investors to enhance our revenue growth and scale our product and operations, with an initial focus on the Asia-Pacific and UK/European markets.”
