Jenesys AI secures £862k in pre-seed funding led by Twin Path Ventures
The pre-seed investment was led by Nick Slater and John Spindler at Twin Path Ventures to support engineering and compliance growth.
Jenesys AI develops artificial intelligence software designed to automate transactional accounting, B2B invoice management and global payments. The company aims to shift human accountants from operators to validators.
Jenesys AI has secured £862k in a pre-seed funding round led by Nick Slater and John Spindler at Twin Path Ventures. The capital injection includes participation from Fuel Ventures, Antler, Hatcher+, and a selection of angel investors. The proceeds will be allocated towards engineering, customer success, and expanding global payment compliance.
From the founder
"These regulated tasks can’t not be done, so outsourcing tasks to low-cost labour isn’t just unsustainable; it’s a missed opportunity to leverage AI for efficiency and accuracy at a lower cost"
Nicolai Thomson
CEO at Jenesys AI
Investor perspective
"With the current explosion in AI capabilities, we believe Jenesys is well placed to take advantage. The team passed extensive technical due diligence to prove their use of cutting edge AI, integrating it directly into everyday workflows to allow for seamless productivity gains. We are very excited about what they can achieve."
Nick Slater
Partner, Twin Path Ventures
Use of funds
- 01Grow the team
- 02Expand into international markets
Investors
Categories
About the company
Jenesys AI
Jenesys AI builds artificial intelligence software to automate transactional accounting and B2B payments.