Deals

FinTech March 30, 2022

WiseWorks AI raises $1.2m in oversubscribed funding round

Communications intelligence platform and HLaw client, WiseWorks, recently raised $1.2M in an oversubscribed funding round. Led by Veridian Ventures, the round featured participation from R42, SyndicateRoom’s Super Angel Fund and Istcapital.

The WiseWorks platform allows financial institutions to capture and analyse critical insights from audio and video interactions. Through the use of proprietary ‘natural language processing’ technology, the platform can flag potential misconduct, identify revenue opportunities and drive process automation.

Finextra states that the funding will be used to “expand the team and accelerate product development.

We were pleased to have got this over the line for our client.

Humphreys Law

Deal/project: Seed round

Date closed: March 2022

Space: FinTech

Other lawyers and advisors: Confidential

Total

$1.2 million

Invested