In its first funding round, Vivox AI has raised £1.3 million, or €1.5 million, to support its AI agents for financial crime compliance. It will use the funding to expand its core platform and advanced AI agents for highly regulated financial institutions. The company will also expand its engineering and product teams to effectively develop its platform.
The funding includes backing from Axel Weber, chairman of UBS Group, Dan Cobley, former managing director at Google UK and senior executives from Barclays, among many others.
The company’s agents are independent, auditable units responsible for unique defined tasks, allowing financial institutions to use AI in production environments while maintaining operational accountability, auditability and regulatory control. Its AI agent, Rachel, continuously improves performance through supervised feedback from human analysts. It connects with internal and external data sources and maintains explainability and governance controls.
The system reduces complex compliance case processing, lowers false-positive screening alerts and enables straight-through processing rates for onboarding and due diligence workflows. It is also able to consolidate multiple analyst systems into a single interface.
“The role of the compliance analyst is rapidly evolving into that of a compliance engineer, focused on managing complex investigations and supervising AI agents rather than manual, repetitive processes. Our platform is designed to support this shift, enabling teams to operate with greater control, transparency and regulatory confidence,” Tim Khazim, the founder and CEO of Vivox AI, said in a statement.
