Intanify secures £410k in pre-seed funding led by QVentures to develop intangible asset software.
QVentures led the pre-seed round with backing from angel investors.
Intanify provides an artificial intelligence software platform designed to help organisations identify, categorise and value intangible assets. The company aims to make intangible valuation accessible to firms beyond large multinationals.
Intanify has secured £410k in a pre-seed funding round led by QVentures, with participation from angel investors with backgrounds at Goldman Sachs, Citadel and Dentons. In addition to the equity financing, the business has received £460k in grants from Innovate UK. The capital will support the company as it develops technologies to help organisations bring unrecognised assets onto balance sheets.
Accounting standards typically omit most intangibles such as data, proprietary code and business relationships, leaving a significant portion of corporate value hidden. Intanify deploys artificial intelligence to address this gap, positioning itself as a standard for the intangible economy.
From the founder
"Intanify’s vision is to be the recognised standard to define the intangible economy. QVentures completely got the size of the opportunity and our distinctive use of AI to seize it. We’re looking forward to partnering with them as shareholders and board members."
Dylan Dryden
CEO and Co-Founder at Intanify
Investor perspective
"The world is going through rapid change as the costs and barriers to innovate continuously drop. The outcome is that companies of all sizes are generating significant value, yet it is only large multinational blue-chip firms that can afford to have intangible assets valued. We are delighted to be backing Dylan and the team as they make the benefits of valuing intangible assets accessible to all."
Robert Walsh
Managing Partner, QVentures
