Funding

Juno Technolologies funding news – Juno Technolologies Secures $1 Million in Funding

Jan 15, 2025 | By Kailee Rainse

Juno Technologies, a company developing an AI-powered "employee" to improve loan processing for business and property loans, has raised $1 million in funding.

Juno Technologies, a company developing an AI-powered "employee" to improve loan processing for business and property loans, has raised $1 million in funding.

It’s first product is an AI agent called Juno, designed to help small business customers through the loan application process. It collects the necessary information and documents, enriches profiles with third-party data, and ensures all data is accurate and complete for lenders.

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Fuel Ventures led the investment, with support from Zinc and other angel investors.

Max Chmyshuk, co-founder of Juno AI said: “At Juno AI, we are passionate about improving access to capital for small businesses and boosting the economy through the application of the latest advances in AI. With Fuel Ventures' support, we are now well-positioned to accelerate our product development and deployment, ensuring that lenders and brokers can offer quicker, more reliable and cost-effective services to SMEs across the UK and beyond.”

Mark Pearson, founder of Fuel Ventures, believes Juno AI’s technology “could change how small business loans are managed, and we’re confident in its potential.”

It plans to use this investment to launch its product and help lenders and brokers reduce processing times and costs.

About JUNO

JUNO is transforming the business loan process. They understand the difficulties businesses face in getting loans and the challenges lenders have in finding good deals. With advanced Generative AI, it makes the loan process easier for both businesses and lenders.

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