Ulla Technology Ltd. has secured £500,000 in private investment to unveil its AI-powered assistant Ulla.
The tool, which has been designed to help revolutionise meeting management, is said to transform how businesses in law, government, accounting and corporate services manage meetings.
It aims to enhance productivity whilst prioritising data security with a privacy-first approach.
The London-based company has developed Ulla to transcribe meetings, identify speakers and generate customised, industry-specific summaries – all while prioritising data privacy and confidentiality.
The tool is already in use in leading firms such as Sterling Law, OpenWeather, and Schoolgate Accounting Services, as it helps to securely manage meeting data and improve operational efficiency.
“The challenge of balancing productivity with privacy has never been greater, especially for professionals in law, government, and accounting,” said Arkadiy Ukolov, co-founder and CEO of Ulla Technology Ltd.
“Ulla was created to give these professionals the power of cutting-edge AI while ensuring their most sensitive data remains under their control.
“Unlike traditional AI solutions, which rely on third-party services, Ulla processes everything locally, empowering users to confidently manage their meeting data without compromising security.
“Our mission is simple – to provide a privacy-first solution that not only enhances operational efficiency but also ensures complete data confidentiality at every step.”
The £500,000 in funding, provided by private investors, will allow Ulla to expand its offering, targeting the UK and US markets in the coming year.
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