Funding

Etiq AI Funding News- London AI startup Etiq AI Secures €900K Funding

May 3, 2025 | By Kailee Rainse

Etiq AI is a female-founded AI startup based in London, has raised £766,000 in seed funding, led by GapMinder VC. This follows a previous £1 million grant from Innovate UK.

SUMMARY

  • Etiq AI is a female-founded AI startup based in London, has raised £766,000 in seed funding, led by GapMinder VC. This follows a previous £1 million grant from Innovate UK.

The company will use the funding to grow its new platform, the “Data Science Copilot”, which helps data teams quickly test and fix machine learning models.

The money will also support adding more automated features, improving tools for working with large language models (LLMs), hiring more team members, and expanding marketing through 2025.

Co-founders Iris Anson and Raluca Crisan used their strong background in machine learning and AI testing to explore why debugging code and putting AI models into production is so difficult for data scientists.

This work led to the launch of Etiq’s Data Science Copilot in March 2025.

The Copilot helps by showing how AI and ML code works step by step, suggesting the best tests to make systems more reliable, and using smart agents to find and explain problems in the code—and how to fix them.

“We’re thrilled to announce the successful completion of our latest funding round and to officially welcome GapMinder VC on board as a key partner in our journey,” said Anson. 

“This milestone marks a significant step forward for our team and product, and we’re incredibly excited about the road ahead. With GapMinder’s support and shared vision, we’re ready to accelerate growth, scale innovation, and deliver even more value to our users. The future is bright and this is just the beginning.”

Robert Herscovici, investment director at GapMinder, added: “We’re incredibly excited to back the team at Etiq as they build a foundational layer for responsible and scalable AI. 

“With the surge in AI agent usage and machine learning-driven applications, there’s an urgent need for robust tools that help developers monitor, debug, and improve model behavior in real time. Etiq’s technology does exactly that – empowering teams to surface hidden biases, identify edge cases, and continuously improve ML performance. 

“The founders bring a rare combination of technical depth and product vision, and we have strong conviction in their vision to become a category-defining company in the AI tooling space.”

About Etiq

Etiq is a tool that helps you test and monitor your data and AI models for problems like poor performance, data drift, data errors, leakage, and bias. With Etiq, your data and model pipelines will have fewer issues, you’ll spend less time fixing bugs, and your team won’t need to write as many tests or set up monitoring from scratch.

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