The fresh capital will back product expansion and team growth as the legal tech startup targets new international markets.
"We don’t add AI unless it is genuinely required, and AI is never forced on the user. Law firms have different governance frameworks, risk appetites, and ways of working, so ProVision is fully configurable, enabling teams to switch AI capabilities on or off at a granular level. This flexibility allows firms to retain full manual control where required, apply AI only to specific stages of a process, or use it to accelerate an initial review while professionals validate and confirm the outputs."
The oversubscribed round was backed by 1818 Ventures and a syndicate led by Sarah Williams-Gardener.
"DataWollet is addressing a huge challenge within financial services. The combination of neurosymbolic (systems that learn from data while reasoning transparently) AI, real-world application, and a strong execution capability makes it a highly compelling proposition."
Ingenii Capital led the seed round with backing from Haatch, British Business Bank, and Velocity Capital.
"The rent payment experience has long been outdated and inflexible. Payr has identified a clear market inefficiency and developed a solution that meets the evolving financial habits of modern renters. Their early traction and approach to distribution made this an easy decision for us to support."
Ventura Capital, GLG, and Sona AM led the financing round to support international growth and technology investments.
"Allica is a world-class business that is executing exceptionally well in a large, underserved market. Ventura is proud to be a major investor in Allica’s Series D, and we are ready to support this exceptional team’s next stage of growth into international markets."
The seed round was led by Pale Blue Dot to fund team expansion and product automation.
"It is clear that most of the innovations shaping the future – from vehicles and data centres to robotics – are fundamentally physical. And, to enable efficient innovation they should not be financed by venture equity alone."
