Seed3 May 2023

CultureAI raises £7m in seed funding from Conviction VC to expand its team and develop its human risk platform.

The funding round was backed by Conviction VC, Passion Capital, Senovo, and prominent angel investors.

£7.0MSeed

CultureAI develops a human risk management platform that helps organisations monitor, reduce and fix workforce cyber security vulnerabilities. The company serves a range of high profile clients across various sectors.

London-based human risk management platform CultureAI has secured £7m in seed funding to expand its team and accelerate product development. The investment round was backed by Conviction VC alongside Passion Capital, Senovo, and angel investors Paul Forster and Guntram Friede. The fresh capital will be directed towards research and development, go to market strategies, and scaling the workforce.

Founded in 2018, the company has experienced rapid growth over the past year, quadrupling revenues and expanding its headcount. Its platform integrates with corporate technology stacks to provide actionable insights into employee security habits, delivering automated coaching and nudges to mitigate internal cyber risks for clients such as NatWest and Royal Mail Group.

From the founder

"Despite organisations investing heavily into content-based security awareness training, most security incidents are still caused by human mistakes. IT and security teams use our platform to surface behavioural data, spot these mistakes and empower employees to resolve them. Our clients are empowered to prevent any recurrence of these mistakes much more effectively than they would with traditional security awareness training."

James Moore

CEO and Founder at CultureAI

Investor perspective

"CultureAI is disrupting cyber security awareness with a new category of human-risk management. We’ve been hugely impressed by its growth. In less than five years, its platform has been adopted by enterprise organisations across multiple sectors and shows no signs of slowing. We look forward to watching the company expand and solidify its position as a leader in the field of human risk management."

Andrew Jenkins

Founder and General Partner, Conviction