Global risk and reputation intelligence platform Signal AI has raised a £122 million growth-equity investment to accelerate its expansion across the US, Europe and the Middle East.
The round was led by Battery Ventures, who will acquire a majority stake in the business.
Funding raised will also be used to accelerate product innovation and strategic M&A.
Founded in 2013 by CEO David Benigson, the business introduced the use of AI to uncover corporate risks hidden within unstructured data.
It now serves more than 650 enterprises across all major sectors, including the likes of Diageo, Volvo, Bloomberg, Uber and NetApp.
The London-headquartered company’s platform analyses billions of data points across news, regulation, litigation, social media and proprietary sources to help uncover emerging threats and benchmark corporate risk profiles against peers.
Its predictive insights are used by executives in industries ranging from finance and life sciences to entertainment and retail, helping organisations to pre-empt crises and protect stakeholder trust.
It recently launched Ask AIQ, an agentic AI tool that allows senior leaders to query global risks, simulate scenarios and receive actionable intelligence in real time.
“Our AI platform started in a garage, and evolved to power the world’s most complex enterprises,” said Benigson.
“Partnering with Battery Ventures – a firm with a 40-year track record of innovation – will accelerate our global growth.
“With technological, operational and financial challenges emerging faster, every executive I meet is asking the same question: ‘What’s next, and how can I get ahead of it?’
“Together with Battery, we aim to equip leaders with the deepest, most intuitive way to answer that question. In doing so, we can transform how the most sophisticated companies mitigate risk – and harness opportunity.”
Battery Ventures principal, Collier Searle, who joins Signal AI’s board, added: “Signal AI has carved out a differentiated and, we feel, highly defensible market position at the intersection of AI, risk and enterprise software.
“We’re backing an exceptional team with a bold vision to become the central nervous system for risk-aware organisations.”