QVentures Leads Investment in AI Software Platform Intanify
QVentures is excited to announce their recent investment in Intanify, an innovative AI software platform. The platform aims to assist companies in identifying, categorizing, and valuing intangible assets. QVentures led the pre-seed funding round with an impressive amount of £410k. Notably, the funding round also saw participation from sophisticated angels hailing from renowned firms like Goldman Sachs, Citadel, and Dentons. Furthermore, to fuel its growth, Intanify has been awarded Innovate UK grants amounting to £460k.
Intanify's primary mission is to create cutting-edge technologies that enable organizations to gain clarity on their intangible assets.
This includes helping companies better value, manage, and protect these assets. Interestingly, a significant portion of a company's essential assets, approximately 80-100%, are not recognized on balance sheets due to accounting standards that overlook intangibles like data, code, and relationships. Intanify, with its advanced AI technology, strives to bring these intangible assets into the spotlight by helping companies clarify and value them.
CEO and Co-Founder of Intanify, Dylan Dryden, expresses the company's vision, stating, "Intanify’s vision is to be the recognised standard to define the intangible economy. QVentures completely got the size of the opportunity and our distinctive use of AI to seize it. We’re looking forward to partnering with them as shareholders and board members." QVentures shares in this enthusiasm, with Managing Partner Robert Walsh explaining their decision to support Intanify, saying, "The world is going through rapid change as the costs and barriers to innovate continuously drop. The outcome is that companies of all sizes are generating significant value, yet it is only large multinational blue-chip firms that can afford to have intangible assets valued. We are delighted to be backing Dylan and the team as they make the benefits of valuing intangible assets accessible to all."
They've invested in Intanify
Get to know these AI investors
| Investors | Investment Focus | Startup Investments | Round Size | Connect |
|---|---|---|---|---|
 QVentures( ) QVentures is a venture capital firm that focuses on sourcing and screening top-t... London  | ||||
 Goldman Sachs( ) | ||||
| All investors | All investor sectors | All funded startups | All funding rounds |
Click here for a full list of 7,589+ startup investors in the UK