Investment in AI-powered enterprise sales platform

Mindflair plc, the AIM-quoted company focused on investing in Artificial Intelligence ("AI") related technology, is pleased to announce that Sure Valley Ventures' second fund ("SVV2"), in which Mindflair holds an interest, has participated in a US$5.7 million funding round for Symbe Ltd ("Symbe"), a UK-based enterprise sales software company.

The funding round was led by Kfund, with participation from SVV2, 4Founders Capital, Circle Rock, Next Tier, Concept Ventures, Pact Venture Partners and Notion Capital.

Symbe has developed an AI-powered platform that helps enterprise sales teams and buyers build business cases, demonstrate commercial value and secure internal approval for purchasing decisions. According to Symbe, over 2,500 companies have used its platform, including Salesforce, HubSpot, Stripe, monday.com, FICO and BMC Helix, with adoption driven partly by recommendations between colleagues.

Symbe was founded by Martin Blinder, Thomas Laurbjerg, Oliver MacCarthy and Xavier Wilders.

Nicholas Lee, Director of Mindflair plc, commented:

"We are pleased to see SVV2 invest in Symbe alongside an experienced group of venture capital investors. Symbe addresses a significant challenge in enterprise software sales by helping customers build a clearer financial case for investment. Its reported adoption across more than 2,500 companies provides encouraging evidence of demand for the platform."