causaLens secures £33.5m Series A funding led by Dorilton Ventures and Molten Ventures to expand its team
The oversubscribed round was co-led by Dorilton Ventures and Molten Ventures to support headcount growth.
causaLens is a deep tech company that develops Causal AI platforms designed to quantify cause and effect relationships. Its technology is utilised by decision makers across finance, government, and industry.
causaLens has secured £33.5m in a Series A funding round co-led by Dorilton Ventures and Molten Ventures. The raise also featured participation from Generation Ventures, IQ Capital, and GP Bullhound. The capital will be deployed to double the company's headcount and sustain its competitive advantage in the Causal AI sector.
The London-based business has experienced significant growth since emerging from stealth mode in January 2021, expanding its annual revenue by over 500%. Its client base includes major financial institutions, hedge funds, and government organisations.
From the founder
"Our vision is to create a world in which humans can trust machines with the greatest challenges in the economy, society, and healthcare. Our customers are seeing transformative results with our no-code platform and we now have the resources to bring our platform to everyone."
Darko Matovski
CEO and co-founder at causaLens
Investor perspective
"AI must take the next step towards causal reasoning to meet its potential in the real world. causaLens is the first to leverage Causal AI to model interventions and enable machine-driven introspection."
Daniel Freeman
General Partner, Dorilton Ventures
Use of funds
- 01Grow the team
- 02Fund research and development
Investors
Daniel Freeman
Dorilton Ventures
Christoph Hornung
Molten Ventures
Generation Ventures
IQ Capital
GP Bullhound
