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AI compliance startup Graceview has landed $1.5 million in a seed round led by entrepreneur Patrick Linton, with participation from a number of unnamed overseas tech founders and investors.
The fresh cash injection will be used to further build out the platform and expand its sales and marketing in Australia and abroad.
Launched in 2023, Graceview provides real-time insights on compliance threats and opportunities through AI, machine learning and data analytics. It also recently won an iAward in the startup category under its previous name, Gracenote.
The business was founded by a group of lawyers and a computer scientist who were frustrated with what they saw as inefficiencies in current compliance solutions.
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