Capsa AI

Capsa AI, founded by Danyal Ozduzenciler and Callum Downie, closed a £13.4m ($18m) Series A in June 2026, co-led by TX Ventures and Pivot Investment Partners, with participation from Bek Ventures and existing backers Antler, Outward VC, and Cornerstone VC. The raise valued the London-based company at an undisclosed figure but followed commercial metrics that set it apart from peers: 122% net dollar retention, a 100% customer renewal rate, and 14x year-on-year ARR growth in the year before the round.

Capsa's platform embeds agentic AI across the full private capital fund lifecycle: sourcing, due diligence, portfolio monitoring and back-office operations. The pitch is that fund managers spend disproportionate time on data aggregation and reporting that adds no analytical value; Capsa automates those workflows so analysts focus on investment decisions. The company targets the private capital market specifically, where regulatory and data complexity is higher than in public markets and where the tooling remains fragmented between specialist point solutions and general-purpose spreadsheets.

The Series A proceeds fund US market expansion and engineering and go-to-market growth. The funding round was announced in the same week that UK tech investment fell 44% week-on-week to £266m overall, making Capsa's close a relative bright spot in a quieter funding fortnight.