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§ Private Profile · London, United Kingdom
AI-driven data platform for private equity firms and investment banks, generating intelligence for deal origination and market monitoring.
Based in London, Filament AI develops an artificial intelligence data platform that provides deal origination and market monitoring infrastructure for private equity firms and investment banks. The enterprise software centralizes fragmented internal and external datasets to train custom machine learning models capable of tracking and scoring up to one million global companies. The company has secured multiple rounds of venture capital financing to scale its operations, including a $3.6 million investment in May 2023 and a subsequent $4.8 million Series A round in June 2025. Filament AI generates revenue through SaaS platform subscriptions, serving a client base that features financial institutions such as Astorg, Inflexion, and Cavendish, while receiving financial backing from lead investor FINTOP Capital. The organization was originally established as an artificial intelligence consultancy in 2016 by founder and former IBM Watson executive Phil Westcott.
Filament AI has raised $20.0M across 2 funding rounds.
Filament AI has raised $20.0M in total across 2 funding rounds.
Filament AI has raised $20.0M in total across 2 funding rounds.
Filament AI's investors include Duncan Davidson, FINTOP Capital, Crosslink Capital, Ryan Selkis, Haystack, Patrick Chang, Techstars, Ed Ruth, Working Lab Capital, Backstage Capital, Rumi Morales, Digital Currency Group.
Filament AI has raised $20.0M across 2 funding rounds. Most recently, it raised $5.0M Series A in June 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2025 | $5M Series A | Duncan Davidson | FINTOP Capital, Crosslink Capital, Ryan Selkis, Haystack, Patrick Chang, Techstars, ED Ruth, Working LAB Capital | Announced |
| Mar 30, 2017 | $15M Venture Round | Duncan Davidson, ED Ruth | Backstage Capital, Rumi Morales, Digital Currency Group, Flextronics, Patrick Walsh, Bonny Simi, Resonant Venture Partners, Samsung Next, Tappan Hill Ventures | Announced |
Filament AI, operating as Filament Syfter, is a technology company building an AI-driven data platform tailored for private equity (PE) firms and investment banks. It enables these firms to integrate internal and external data, train custom AI/ML models, and generate proprietary intelligence for deal origination, market monitoring, and investment decisions across up to 1 million companies.[1][2][4][5] The platform solves the challenge of fragmented data ecosystems by centralizing proprietary datasets, providing real-time alerts, and delivering white-labeled, bespoke AI scoring aligned with each firm's investment thesis, accelerating deal sourcing and improving ROI on tech stacks.[1][4][5] With clients like Astorg, Inflexion, and Cavendish, and recent $4.8M Series A funding in June 2025 led by FINTOP Capital, Filament shows strong growth momentum in scaling globally and innovating for private markets.[4][5]
Filament AI began around 2018-2019 as an AI and machine learning consultancy in the UK, creating custom AI applications for enterprise clients, particularly in financial services.[2][6] Co-founder and CEO Phil Westcott, who led the European launch of IBM Watson, assembled a team of data engineers, NLP, and ML experts—many from IBM—after recognizing businesses' struggles with unproven AI vendors.[2][5] Early work with financial clients revealed needs in private markets, leading to the development of Syfter about six years ago (circa 2019), evolving from consultancy services into a specialized product for PE and corporate finance workflows.[2] Pivotal moments include continuous product iteration, beta testing with clients on emerging tech like LLMs and GenAI, and the 2025 Series A funding to fuel global expansion, building on an established reputation amid rising AI noise.[2][5]
Filament Syfter stands out in private markets tech through these key strengths:
(Note: filamentai.in appears to be a separate, unrelated Indian company focused on edge-AI for workplace safety, not the primary Filament AI in private markets.[3])
Filament AI rides the AI democratization wave in private markets, where PE and investment banking firms grapple with data silos amid exploding alternative data volumes and competition for deals.[1][5] Timing is ideal post-2023 AI boom (e.g., LLMs), as firms seek to productionize AI beyond hype—Filament bridges this by enabling non-technical users to curate proprietary AI assets, filling gaps left by CRMs and generic platforms.[2][5] Market forces like regulatory pressures for better due diligence, rising dry powder in PE ($2T+ globally), and AI's maturation favor it, empowering smaller firms to punch above their weight against data-rich giants.[1][4] It influences the ecosystem by setting a standard for bespoke AI in dealmaking, accelerating industry adoption and potentially reshaping origination from reactive to predictive.
Filament Syfter is poised for accelerated growth, leveraging its $4.8M Series A to expand into new regions and deepen product features like advanced GenAI integrations.[5] Trends like multimodal AI, real-time private data marketplaces, and regulatory pushes for AI transparency will shape its path, amplifying its edge in a crowded fintech AI space.[2] Expect evolving influence as it onboards more tier-1 PE firms, potentially disrupting traditional research teams and inspiring hybrid AI-human workflows—ultimately redefining data as the ultimate dealmaking moat in private markets, as glimpsed in its early traction.