"The investment will support product development and accelerate Karavel's commercial expansion across the UK and Europe, as the company looks to modernise compliance workflows for organisations facing increasingly complex regulatory scrutiny. Karavel is designed for legal, compliance and marketing teams operating in sectors such as financial services, fintech, insurance, healthcare and consumer credit. Its platform brings together regulatory monitoring, marketing and advertising reviews, horizon scanning and compliance gap analysis into a single, AI-driven interface, replacing the fragmented and manual processes still widely used across regulated industries."
"The funding comes at a time when the pressure on compliance teams is intensifying. Regulatory frameworks are expanding, enforcement is increasing and the cost of non-compliance continues to rise. Despite this, many organisations still rely on spreadsheets, manual reporting and external legal support to track regulatory change and approve communications, creating bottlenecks, slowing product launches and driving up costs. Founded by Pedro Sousa and Nav Garcha, Karavel was built in response to these challenges."
Karavel secured £1.25 million in pre-seed funding led by Fuel Ventures to support product development and commercial expansion across the UK and Europe. The platform targets legal, compliance and marketing teams in sectors including financial services, fintech, insurance, healthcare and consumer credit. Karavel consolidates regulatory monitoring, marketing and advertising reviews, horizon scanning and compliance gap analysis into a single AI-driven interface that replaces fragmented manual processes. The technology automates financial promotion and advertising reviews, monitors regulatory updates in real time and flags relevant changes to provide actionable guidance. The founders bring experience from Revolut, Deliveroo, CNN and ClearScore.
Read at Business Matters
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