# CultureAI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cultureai

- Industry: IT Security/Cybersecurity
- Headquarters: Manchester, UK
- Website: www.culture.ai
- Total disclosed funding: $28M
- Latest round: Series A (Jul 3, 2024)
- Investors on record: 6

## About

Based in Manchester, UK, and founded in 2015 by its CEO, James Moore, CultureAI Ltd. operates as a cyber security platform that detects human cyber risks with simple reporting tools. In November 2021, CultureAI Ltd. raised USD 4 million in seed funding led by Senovo with Conviction Capital. As of 2021, the company operates in Manchester, London, and Edinburgh.

The CultureAI Ltd platform detects human cyber risks by using risk scores to understand employees' cyber strengths and weaknesses, intervenes and mitigates human risks through orchestrated technical response, provides security awareness training across organizations using security awareness training modules, and rewards people who prevent breaches and security incidents.

CultureAI Ltd. makes money by selling monthly membership plans on per user basis. The company charges £1.62 per month per user if the user count is between 30 to 50, with rates decreasing as the number of users in the organization increases.

CultureAI Ltd. will use the seed funding to accelerate product development and enable the company to expand its commercial and technical teams in its Manchester city center office and into new markets. The company will also leverage its funding to supercharge the product roadmap.

## Funding rounds

- Series A, Jul 3, 2024, $14M — Smedvig Capital, Mercia Asset Management, Passion Capital, Senovo
- Seed, May 3, 2023, $8.8M — Passion Capital, Senovo, Conviction VC
- Seed, Oct 15, 2021, $4.5M — Passion Capital, Senovo, Conviction Capital Limited

## Investors

- Passion Capital — Seed, Series A
- Senovo (https://capitalatlas.ai/funds/senovo) — Seed, Series A
- Conviction Capital Limited — Seed
- Conviction VC (https://capitalatlas.ai/funds/conviction-vc) — Seed
- Smedvig Capital (https://capitalatlas.ai/funds/smedvig-capital) — Series A
- Mercia Asset Management (https://capitalatlas.ai/funds/mercia-asset-management) — Series A
