MELBOURNE, Australia,
Aug. 5, 2024 /PRNewswire/ --
Graceview today announced its successful completion of a funding
round totalling $1.5M.
Key points
- Graceview has secured $1.5
million in funding.
- Entrepreneur Patrick Linton led
the round with a group of tech founders and investors.
- The capital will boost the rollout of Graceview's AI-driven
compliance platform.
- The platform combines AI, machine learning, and legal expertise
to deliver accurate real-time compliance insights.
- Funds will support revenue growth expansion in the Asia-Pacific and UK/European markets.
Building the future
Graceview, a leader in generative AI for compliance, today
announced its successful completion of a funding round totalling
$1.5M.
With leading global corporates already among its growing client
base, this investment will accelerate the commercial rollout of
Graceview's platform to fuel growth.
The round was led by Singapore-based entrepreneur, Patrick Linton and brings together a consortium
of tech founders and investors.
Graceview leverages AI, machine learning, legal knowledge
integrations, and data analytics to deliver real-time insights on
compliance threats and opportunities. The platform combines the
speed and efficiency of generative AI with senior lawyer oversight
to streamline regulatory compliance, and to maintain an environment
of continuous compliance.
Simon Quirk, Co-Founder & CEO
of Graceview, said:
We are incredibly pleased to have investors who are business
people and technology founders backing our vision for the future of
compliance. The scale of the compliance problem for large
corporates is rapidly increasing and existing solutions are
difficult and expensive. By combining generative AI with senior
lawyer oversight, we have shown that it's now possible to
continuously and cost-effectively manage regulatory change and
deliver on our vision of making the whole process effortless. We
are excited to work with our investors and utilise this investment
to build on our revenue growth and to scale our product and
operations, with an immediate focus on Asia-Pacific and UK/European markets.
Patrick Linton, who will be
joining Graceview's Board of Directors, added:
We are thrilled to partner with Graceview at this pivotal moment
and recognise the transformative potential their platform offers
corporates to easily remain compliant. The integration of
leading-edge AI technology with senior legal expertise sets a new
standard in regulatory compliance, ensuring both agility and
precision. We are committed to supporting Graceview as they expand
their reach across global markets.
Graceview is currently located in Melbourne, London and Singapore.
About Graceview
Graceview is a legal generative AI company founded by a trio of
lawyer-computer scientists with 30+ years of experience at the
forefront of AI and law. Graceview is the AI-driven platform for
effortless regulatory compliance, empowering legal, risk and
compliance teams worldwide. Our mission is to create a world where
compliance is easy and continuous.
View original
content:https://www.prnewswire.co.uk/news-releases/graceview-raises-1-5m-to-fuel-growth-302214086.html