Join us as we take a deep dive into the latest wins by these 12 tech innovators.
Converge
Founded in 2014, construction tech company Converge leverages AI models and proprietary sensor data to optimise concrete usage and production. It’s on a mission to propel the construction industry towards a net-zero future, and we’d say it’s well on its way to getting there with its latest funding round. Led by ABN AMRO Sustainable Impact Fund, Converge raised an impressive £16.9 million. ABN joins ranks with Move Energy, PI Impact and J-Impact as notable investors behind the company, bringing its total funds raised to over £40 million. Next stop: net zero.
Cronofy
Nottingham-based Cronofy has a simple objective: to help high-performance teams manage their time better. Its real-time secure scheduling platform is already used by over 180,000 organisations worldwide, including BambooHR, GoDaddy, and FinTech giant Wise. Speaking of, Cronofy has helped reduce the latter’s interview scheduling time from six days to 90 minutes! The platform secured an additional £15 million investment from BGF, with this funding going towards enhancing its core product offering. We can’t wait to see what the team does next.
Definely
Launched in 2020 by ex-Freshfields Nnamdi Emelifeonwu and Feargus MacDaeid, LegalTech scale-up Definely is used by over 100 in-house legal teams and private firms, including Deloitte and P&O Cruises. Its AI tools are trusted to create legal documents, automate proofreading checks, and enhance the overall draft and review process. Its recent Series B funding round in June 2025, led by Revaia, saw the company raise a whopping $30 million to accelerate its AI product roadmap and global expansion. Even better, they're a Capsule client!
Granola
Founded in 2023, Granola is more than just an AI-powered notetaking app – it’s a “second brain” for many of its users. The tool combines shorthand meeting notes with call transcripts to create an AI-enhanced recap of what’s been discussed, allowing its users to better engage in the moment. With clients who are some of the large fastest growing businesses in the world, it’s no surprise that it’s already being valued at $250 million – with $43 million raised in Series B funding. Zoom fatigue, you better take note!
Gravitee
What started as a simple idea shared between four developers a decade ago sparked a $125 million business that would span three countries. Gravitee’s founding team, including CEO Rory Blundell, saw how companies struggled to manage the growing complexity of APIs. They built Gravitee as the digital bridge between gateway and broker, eventually expanding to cover agentic AI systems. Its most recent round of funding, led by Sixth Street Growth, saw Gravitee raise a frankly staggering $60 million Series C investment which will be used to fuel its expansion – and they're trusting Capsule to secure the right insurance coverage along the way.
Maze
With cybersecurity breaches on the rise, Maze is proving more vital than ever. The security platform uses AI agents to identify vulnerabilities and stop cloud security breaches in their tracks. The founding team previously led product, design and engineering departments at industry giants like Tessian, Elastic and Amazon – so they know the difference between talking a good security game and actually delivering it. In June of this year, the company raised an impressive $25 million in Series A funding led by Theory Ventures, which joins Cherry Ventures and Tapestry VC as key investors driving Maze’s future.
Metaview
Uber and Palantir alumni Siadhal Magos and Shahriar Tajbakhsh founded Metaview in 2018 with a shared goal in mind: to optimise the hiring process for fast-growth companies. Its AI-driven software automates interview notetaking and generates job descriptions in order to speed up the time it takes to go from advertising a role to introducing your new hire to the rest of the team – and it’s working. So far, it’s able to save 10 hours per recruiter per week, with over 92% of its over 3,000-strong user base reporting better hiring decisions since using the tool. It’s no wonder that it has been able to raise $50 million in total funding, with $35 million alone secured in their most recent round backed by Google Ventures.
PhysicsX
Not many companies can say they’re backed by former F1 engineers – but PhysicsX can. Twice. Founded in 2019 by Jacomo Corbo and Robin Tuluie, PhysicsX leverages AI to change the way its manufacturing and defence clients design products. The company secured a huge $135 million investment in its latest funding round alone, led by Atomico and with participation from the likes of Siemens and Temasek – bringing its valuation to almost $1 billion. This recent investment is set to help it improve its capabilities for larger, more powerful projects. Looks like PhysicsX is shifting into pole position…
Skyral
For Skyral, data is everything. It’s why it empowers decision-makers with the ability to simulate and model human behaviours and infrastructure systems – making the unknowable, knowable. Having invested $100 million in research and development, co-founders Jason Kennedy, Naomi Hulme and Nick Blair launched the business in 2023 to rapid market adoption across defence, national security, healthcare and global infrastructure. Recently, it secured an impressive $20 million in a Series A funding round led by European VC firm NOIA Capital. Hats off, team.
StackOne
Capsule client StackOne was launched in 2023 by co-founders Romain Sestier and Guillaume Lebedel – both of whom have been instrumental in building billion-dollar SaaS products for Google, Oracle and Yieldify. Now, their platform provides SaaS vendors and AI agentic solutions with a universal, enterprise-grade interface and hundreds of API integrations. Backed by Google Ventures, StackOne raised $20 million in Series A funding. GV joins other high-profile investors like Episode 1 and XTX Ventures – as well as angels from OpenAI, Microsoft and Onfido – in helping StackOne continue building its tool-calling LLM, invest in R&D, and further expand the number of integrations and depth of actions available in its platform. With so many recognisable names behind it, we’re sure big things are headed its way.
Wordsmith
Edinburgh-based LegalTech business and Capsule client Wordsmith is forging ahead in the Scottish AI market. Led by lawyer-turned-engineer Ross McNairn (who previously helped to scale three tech unicorns), Wordsmith lets legal teams from the likes of Trustpilot, Deliveroo and Multiverse instantly conduct contract reviews, draft templates, and get policy guidance where and when it’s needed. In June, it announced a successful $25 million Series A funding round led by Index Ventures – the bulk of which will be put towards expanding its reach in Edinburgh, London, New York and across Europe.
Zeelo
After nearly a decade in the game, Zeelo has earned the trust of heavy hitters like Amazon, Tesco and Microsoft – all of which rely on its tech to get their employees efficiently to and from work. Its platform provides an end-to-end transportation solution that’s sustainable, data-driven and cost-efficient, with one client reportedly saving £150,000 per year. Its latest funding round, led by Blue Earth Capital, saw the company achieve £17.1 million in Series B funding – with this capital driving (some pun intended) its adoption of autonomous vehicles and other strategic acquisitions to expand its global mission.
Reach new heights with Capsule
A successful funding round is always worth celebrating, but the hard work shouldn’t stop there. With more capital comes bigger risks, and a greater need to protect what you’re building. That’s where Capsule comes in. Our expert team is by your side every step of the way, ready to analyse your existing insurance and identify any gaps that might arise as you scale.
Get in touch to discuss how we can help your cover keep pace with your growth.