Ex-Monzo Team's Gradient Labs Doubles Series A to $26M as AI Agents Take over Financial Operations

Gradient Labs Raises $26 Million to Build Fintech’s AI Agents

Gradient Labs raised $26 million in Series A funding to expand its vertical AI platform, bringing its total funding to $42.6 million. The company will use the funds to build autonomous banking tools designed to help financial institutions automate customer operations. The funding shows that banks are shifting from using AI as a bolt-on solution toward using AI agents to autonomously execute operational tasks directly within financial systems. Co…

Gradient Labs, founded by ex-Monzo AI team, doubles Series A to £20m

Gradient Labs, an AI-native customer operations platform for financial services, has increased its Series A funding to around £20 million. The round was led by new investors Octopus Ventures and CommerzVentures with follow-on backing from Redpoint Ventures and Exceptional Capital.  The funding will accelerate Gradient Labs’ US expansion and support its broader vision to put a personal banker in every customer’s pocket, powered by AI agents that …

Ex-Monzo team's Gradient Labs doubles Series A to $26M as AI agents take over financial operations

Gradient Labs has expanded its Series A to $26 million – $13 million in new funding on top of its initial raise – with new investors Octopus Ventures and CommerzVentures joining follow-on backers Redpoint Ventures and Exceptional Capital. The London-based startup, founded by early employees from Monzo’s AI and data science team, now serves fintechs reaching more than 32 million end users, with revenue growing 900% over the past year and custome…