AI compliance platform Umony raises £11.16m led by Notion Capital with SeedCamp
At a glance
This article covers a Series A on 30 September 2025 for Umony, an AI-powered financial services communications compliance platform, founded by Dean Elwood. The round raised £11.16m led by Notion Capital with participation from SeedCamp.
What does Umony do?
Umony is a compliance platform that uses AI to capture, archive and analyse financial communications across channels. It detects potential misconduct and maintains searchable records to help firms meet regulatory record-keeping requirements.
Why is Umony useful?
Problem
Financial institutions face growing regulatory scrutiny and heavy fines for missed or late detection of misconduct in electronic communications. Rising communication volume across mobile, chat, email, voice and video overloads traditional surveillance systems.
Solution
Umony explains that it uses AI to capture, archive and analyse communications across mobile, chat, email, voice and video. This helps firms detect misconduct in real time and meet evolving record-keeping and regulatory requirements.
How much did Umony raise?
Umony raised £11.2m ($15m) in a Series A led by Notion Capital, alongside SeedCamp. This makes it the 27th largest funding round in September 2025 (60 recorded). As of 30 September 2025, the round is the 135th largest of the year (467 total) in the Startupmag database.
For details on how Startupmag compiles its rankings, view our Methodology.
Who invested in Umony?
The key investors in the round were:
- Notion Capital: A venture capital firm that invests in European enterprise software and SaaS companies.
- Seedcamp: A seed-stage fund that backs early European technology startups across multiple sectors.
- Crane Venture Partners: A venture firm investing in early-stage technology companies in the UK and Europe, with a focus on enterprise and fintech solutions.
- Dr. Thomas Wolf: An angel investor specialising in AI and machine learning, with a background as co‑founder and chief science officer of Hugging Face.
If you're researching potential backers in this space:
- Explore our list of Fintech venture capital firms in the UK
- Browse our directory of Fintech angel investors in the UK
Who founded Umony?
Dean Elwood is the founder of Umony.
In the funding announcement, Dean Elwood said:
From the start, our mission has been simple: make compliance smarter, faster and future-proof.
Where is Umony based?
Umony is based in London, UK.
What sector is Umony in?
Umony operates in the fintech sector. Fintech covers companies using technology to provide financial services and tools. It means banking, payments and tools that help firms follow rules and handle money.
Key trends and challenges in Fintech:
AI adoption and model risk
Firms increasingly use AI to detect misconduct, for example large language models scanning messages in real time.
Regulatory scrutiny and fines
Regulators issued over £1.5bn in fines for communications failures in the past two years.
Omnichannel data volume and record-keeping
Firms must capture voice, chat, email and video for compliance, for example mobile apps and team chats.
For a deeper look at innovation in this space, see the latest funded Fintech startups in the UK
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