The Sunderland-based cybersecurity firm secured backing from Mercia Ventures and Northstar Ventures to expand its team and enhance its technology.
"Every business now gets asked to prove its systems are secure, usually by a customer who’s about to sign. The answer shouldn’t be three months and a consultant. We automate 90% of the work, fix the issues we find instead of just reporting them, and keep everything in place afterwards, which is the part everyone forgets about. That’s why we’ve doubled revenue in six months – because this problem isn’t going anywhere."
The round was backed by a syndicate of investors including Aligned Syndicate, Leeds Angels, and Arx Ventures.
"At the moment, models can’t verify themselves. So when a bank, for example, ships machine-written code into production, that’s on the model’s word that it’s safe."
The funding round was backed by the British Business Bank via The FSE Group to support international expansion and team growth.
"We’ve developed a solution that not only helps healthcare providers reduce their environmental impact but, importantly, our innovative technology has the potential to significantly increase the safety of clinical staff by reducing work-based exposure to the vented gas. We’re delighted to be working with The FSE Group and the South West Investment Fund as we continue to scale the business from our Devon headquarters."
The financing round was led by firstminute capital and Global Founders Capital.
"Audit is one of the few services where the customer experience has got worse every year while the bill has gone up. We are not changing what an audit is. We are changing how it is delivered."
Ada Ventures leads the seed round to support the development of AI voice agents for general practices.
"For most patients, the GP reception desk is the front door to the entire NHS, and it’s under more strain than any other part of the system. InTouchNow was built to handle the repetitive, time-consuming calls so reception teams can focus on the patients who really need a person. Ada’s backing is a strong vote of confidence in British healthtech, and lets InTouchNow bring safe, ethical, and genuinely useful AI to many more NHS practices across the UK."
