ThatRound, a platform bringing structure and transparency to UK early-stage fundraising, has closed a pre-seed round of funding.

The round was led by founder Bradley Jones and completed by a group of 20 angel investors from Aligned Syndicate. The round closed in two weeks and carries EIS qualification.

Since launch, over 500 founders have signed up while more than 1,500 structured funding applications have been submitted through the platform.

The funding will be used to expand ThatRound’s AI matching capabilities, develop its LLM-powered learning engine, and hire three new roles: an account executive, marketing executive and AI lead. The business has grown from a one-person operation to a team of nine in under a year.