[Funding alert] UK-based Lexverify Secures £900K in Seed Funding

With the use of artificial intelligence (AI) and real-time risk prevention driven by natural language processing (NLP), it seeks to assist organisations in achieving proactive compliance at scale by simplifying risk protection on electronic communications to the level of spell checking.

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The business minimises exposure and offers ongoing training to staff members in order to solve specific issues for a client's legal, compliance, HR, and cyber teams. It does this by scanning electronic communications to identify potential risks in areas like financial sanctions, competition law, and GDPR before they are sent.

About Lexverify

Lexverify, By utilising AI, they assist businesses in achieving proactive compliance on a large scale. Their goal is to make risk avoidance as simple as spell checking. Their goal is to establish a society in which internet communication is a benefit rather than a drawback.