Xapien is a London, UK–based AI due diligence provider that applies artificial intelligence and natural language processing to deliver on-demand research for businesses seeking to understand their third parties. Its SaaS platform enables users to know who they are doing business with and generates automated background research reports. Those reports help clients assess risks and opportunities across their third-party network in minutes. Led by CEO Chris Green, the company intends to use the new funds to expand into sectors such as financial services and to pursue large corporate partners. Xapien also plans to grow its footprint in the US. Financially, the company raised £8M in a Series A, bringing total funding to £14M. Xapien is a deep-tech platform that automates manual background research to deliver executive-level, fully sourced reports on any person or organization worldwide in minutes. Branded in the article as “the ChatGPT of Due Diligence,” its product layers proprietary identity-resolution and large language model applications to surface contextual, auditable intelligence. The platform targets sectors with high demand for nuanced third‑party risk insight, including law firms, financial services, fintech, insurance, private equity and philanthropy. Xapien launched commercially in January 2022 and has experienced rapid growth since that launch. The company emphasizes full sourcing of every data point to enable confident, auditable decision‑making and to address ESG, regulatory, and information‑volume challenges. Proceeds from the recent raise will be used to accelerate product development, deepen its LLM application and identity engine, expand into new verticals, and extend its US footprint.

Total raised

$16M

Funding rounds

2

Latest round

Series A

Latest activity

Jul 2024