Fuel Ventures led the seed round for the London fintech as it exits stealth mode.
"Over the past decade, finance teams have moved away from clunky, outdated software to embrace finance and ERP systems which improved productivity and provided automation opportunities. However, for all the incredible opportunities they offered, they have fallen short as finance professionals still had to manually download CSV files, with significant error and fraud risk, and carry out time-consuming reconciliations."
The pre-seed round was led by Fuel Ventures with backing from NatWest Group and Oxford Seed Fund.
"At NatWest, we’re committed to anticipating and responding to customers’ changing needs. Platforms like Serene demonstrate how AI can enhance customer outcomes effectively and responsibly."
— David Grunwald, Director of Innovation and Partnerships
Fuel Ventures and Oxford Capital co-led the pre-seed round to accelerate product development for the technology firm.
"AI-powered bots and agents are a powerful tool but they also pose a growing threat. These AI agents give people superhuman powers to shape narratives, manipulate systems, and undermine trust at scale. At Egregious, we’re building a defense line for humanity. With Oxford Capital and Fuel Ventures behind us, we’re ready to face these global challenges head-on and redefine how we combat AI-driven deception."
Fuel Ventures led the seed financing round to support market introduction.
"We are thrilled to have Fuel Ventures on board as we gear up to introduce our “employees of the future” to the commercial finance market. This investment is not just a financial boost but a strong vote of confidence in our vision and technology."
The seed round was led by The FSE Group via the South West Investment Fund, with participation from Fuel Ventures.
"Building a healthy workplace culture is a collective responsibility; employees need to feel equipped, safe and protected, with Employee Relations and Compliance empowered and accountable. Our platform supports organisations to act fairly, kindly and responsibly, reaping the benefits of the Safe Workplace they create. We are delighted to receive this South West Investment Fund funding, which will enable us to further develop our product and expand our team."
