Lexverify raises £900k in seed investment led by Midven to expand its team
The funding round was led by Midven with participation from the Midlands Engine Investment Fund and angel backers.
£900KSeed
Lexverify develops an artificial intelligence platform designed to scan electronic communications and mitigate legal, compliance, and cyber risks.
Lexverify has secured £900k in a seed funding round led by Midven. The capital includes £550k from the Midlands Engine Investment Fund alongside contributions from Raspberry Ventures, The LegalTech Fund, and several angel investors. The company intends to direct the proceeds toward key recruitment to support its ongoing expansion.
Investor perspective
"Lexverify offers cutting-edge technology to proactively scan electronic communications in real time, and in doing so sets a new standard for risk management, employee training, and productivity growth. We are thrilled to support them on their journey to modernise the way businesses manage risk and foster a safer, more efficient, and professional workplace environment."
HS
Huw Sparkes
Investment Manager, Midven
Use of funds
- 01Grow the team
