Ophelos, a London UK-debt management platform company, raised $2.3M in funding.
The round was led by Connect Ventures and Fly Ventures.
The company intends to use the funds to continue development on its platform and scale the engineering and customer operations teams.
Co-founded by Amon Ghaiumy (previously Director of EMEA at AI company ASAPP), Paul Chong (previously Head of IBM Watson EMEA) and Prof. Qingchen Wang, an AI researcher and professor at the University of Hong Kong, Ophelos provides a debt management platform that combines AI, behavioural science and customer service to improve customer engagement and recovery rates. Authorised and regulated by the FCA for debt collection activities, the company counts a renewable energy supplier and a challenger broadband company amongst its launch clients. The startup is also registered as a Pending B Corp.