Edinburgh-based Aveni has raised £12 million in a funding round announced on 4 June 2026, led by PXN Ventures with backing from existing investors Puma Growth Partners, Lloyds Banking Group, Nationwide and Scottish Enterprise.
Founded in 2018, Aveni builds AI software for regulated financial services, with products used across wealth management, financial advice and banking. The company said the new funding will be used to accelerate development of its Unified Assurance Platform and support the launch of Agent Assure and Agent Approve, two products aimed at assessing and managing the conduct risk of AI agents interacting with consumers.
The raise comes as financial institutions face growing scrutiny over how AI is deployed in customer-facing roles. Aveni’s platform includes Aveni Assist, Aveni Detect and FinLLM, its proprietary language models built for UK financial services data. The latest investment signals continued investor interest in infrastructure designed to help regulated firms monitor AI use more closely.
Founded in 2018, Aveni builds AI software for regulated financial services, with products used across wealth management, financial advice and banking. The company said the new funding will be used to accelerate development of its Unified Assurance Platform and support the launch of Agent Assure and Agent Approve, two products aimed at assessing and managing the conduct risk of AI agents interacting with consumers.
The raise comes as financial institutions face growing scrutiny over how AI is deployed in customer-facing roles. Aveni’s platform includes Aveni Assist, Aveni Detect and FinLLM, its proprietary language models built for UK financial services data. The latest investment signals continued investor interest in infrastructure designed to help regulated firms monitor AI use more closely.