London-based Jigsaw has concluded a funding round raising $15 million, backed by Exor Ventures, supporters of Mistral’s AI innovations. Jigsaw specializes in AI-generated business diagrams, offering vastly quicker solutions than conventional methods like PowerPoint. Founded in 2019, Jigsaw’s platform excels in visualizing complex business transactions and corporate structures for legal and financial professionals. Co-founder and CEO Stephen Scanlan, alongside former Merrill Lynch commodities trader Travis Leon, eyes expansion into an all-encompassing platform for corporate structure and governance management. The investment round saw participation from individuals associated with prestigious firms like Linklaters, Morgan Stanley, and KKR. Exor Ventures, tied to the Agnelli family that holds interests in Ferrari, was a notable seed investor in Mistral AI. With offices in major US cities, Jigsaw’s AI technology promises to revolutionize how professionals create and utilize business charts, accelerating processes by up to 40 times the traditional pace.

Artificial Intelligence, Software-as-a-Service (SaaS), Financial Services,United Kingdom, United States

Mistral backer leads £12m round in UK AI startup Jigsaw