The legal technology startup secured £5m in seed funding to accelerate product development and establish its headquarters in Newcastle.
"This investment gives us the momentum we need as we move towards launch. Our priority is to build a platform that meets the expectations of legal professionals who work with complex UK-specific legislation every day. They want tools that are reliable, trustworthy and ready for real-case use."
The £7m investment was led by Pembroke VCT with participation from 212, Active Partners, Velocity, and TIBAS Ventures.
"When we launched Bolt Insight in 2019, our mission was to bring real consumer voices into the heart of business decision-making. With the launch of BoltChatAI in 2022, we proved that AI-moderated qualitative research could deliver rich insight at unprecedented speed and scale."
Panghea Capital Partners led the financing round alongside Consello, Blizzard the Avalanche Fund, and Altea Partners.
"We backed TomNext because the industry is long overdue for an LP-first platform. Wealth managers and family offices are drowning in documents, data gaps and operational risk. TomNext’s vision in both its AI approach and its tokenized transaction-layer vision has the potential to become critical infrastructure for alternative-asset allocators globally."
The investment from Brighton Park Capital and Nic Humphries accompanies a strategic partnership with Clearcare and a leadership transition.
"Our partnership with PCS reflects our confidence in the PCS vision. Together we will advance their transformation journey and accelerate technologies that will drive better outcomes for the future of care."
MTech Capital led the seed round with participation from Boost Capital Partners, D2 Fund, and Portfolio Ventures.
"In regulated industries, quality and scale have always been at odds. You can review everything and go broke, or cut corners and hope for the best. AI that actually works changes that equation by handling routine validation at scale while humans focus on the complex cases that need expert judgement."