Regulatory tech startup Zango AI raises $4.8 million led by Nexus VP, others

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Here’s a breakdown of the information from the given text:

Startup Information

  • Startup Name: Zango AI
  • Founders:
    • Ritesh Singhania
    • Shashank Agarwal
  • Year Founded: 2024

Funding Information

  • Funding Amount: $4.8 million
  • Funding Series: Unspecified round (not explicitly stated)
  • Date of Funding: Not specified in the text

Investors

  • Lead Investor: Nexus Venture Partners
  • Participating Investors:
    • South Park Commons
    • Richard Davies (CEO of Allica Bank)
    • Alan Morgan (former head of Financial Services at McKinsey, EMEA)
    • Mark Ransford (Notion Capital)
    • No Label Ventures
    • Start Ventures

Additional Information

  • Use of Funds:
    • Expansion of teams in London and Bengaluru
    • Broaden product suite across financial services verticals
    • Develop additional modules for AI-native governance, risk, and compliance (GRC) platform

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2025-07-01 16:02:04