# Humley

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

- Industry: Software
- Headquarters: Northampton, UK
- Website: www.humley.com
- Total disclosed funding: $0.9M
- Latest round: Seed (Jun 30, 2020)
- Investors on record: 1

## About

Humley Ltd. is a UK-based technology company specializing in Conversational AI solutions. Their no-code platform allows businesses to develop and manage AI Assistants, enhancing customer engagement and operational efficiency across various sectors.Founded in 2014 in Northampton, UK, Humley Ltd. is focused on providing AI-driven conversational solutions. The company was founded by Michael Tomlins, who has experience in the tech industry. Humley raised GBP 0.70 million in Seed funding on June 30, 2020, from Mercia Asset Management, valuing the company at GBP 2.04 million post-money. The company has a single deal recorded to date, emphasizing its focused approach to growth and investment.Humley specializes in providing a no-code platform, Humley Studio, which enables businesses to create, deploy, and manage Conversational AI Assistants. The platform enhances customer engagement through the development of self-serve experiences and efficient management of AI outputs. Core functionalities include automatic generation and review of Q&As using generative AI and GPT technology, as well as tools for versatile conversation flows and integrations with existing systems. Humley's customer base spans various industries, including retail, healthcare, and financial services, and its offerings are available in multiple markets such as North America, Europe, and Asia.In the most recent fiscal year 2024, Humley Ltd. reported a revenue of GBP 153,136.40 with an EBITDA of GBP -86,653.70, reflecting the company's ongoing investment in technology and market position.Humley Ltd. plans to utilize its recent Seed funding of GBP 0.70 million to support product development and expansion initiatives. The funding round completed in June 2020 is aimed at enhancing Humley Studio and launching new features. The company is also looking to expand its market presence in Europe and Asia by 2025, with specific strategies to enhance customer engagement solutions tailored to these regions.

## Funding rounds

- Seed, Jun 30, 2020, $0.9M — Mercia Asset Management

## Investors

- Mercia Asset Management (https://capitalatlas.ai/funds/mercia-asset-management) — Seed