Company: Xapien
Founders: Chris Green, Dan Secretan and Shaun O’Mahoney
Website: http://www.xapien.com
About Xapien
Xapien is the SaaS scale-up transforming corporate risk management, setting a new standard in due diligence. This is possible thanks to the SaaS firm’s unique ability to marry the explosion of publicly available data with technological innovations like cloud computing and AI, and deep understanding about how humans build understanding.
Xapien provides large organisations complete visibility of potential reputational or regulatory red flags in their third party relationships via comprehensive risk assessments delivered at the speed of enterprise. No one matches what Xapien can do and the world’s biggest corporations, consultancies and legal powerhouses are flocking to use this UK’s SaaS Platform.
Xapien’s Beginnings:
Xapien is the brainchild of Dan Secretan (whose background is in financial crime), Shaun O’Mahony (former intelligence technologist at BAE systems) and Chris Green (whose leadership career spans Law firms, central / local Government, Law Enforcement, National Security and Financial Services). It was founded in 2018 with the purpose of redefining how the world manages risk in business relationships – establishing a new standard for due diligence, without compromise. Back then, AI was a nascent technology. Xapien was one of the first to harness natural language processing (NLP) to build an innovative SaaS product that produces thorough research on any individual or organisation that a company wants to do business with.
Those early days challenged Xapien both in terms of securing funding and product development. Not only did they need to convince early investors that they could truly disrupt a traditional, manual task but also they broke fresh ground in how AI extracted knowledge from text and used that knowledge to deliver insights – something unheard of at the time.
Market disruption:
Traditional due diligence is time consuming and manually driven, forcing businesses into an impossible choice: accelerate growth or manage third party risk comprehensively.
Until now, companies needed to settle for targeted screening of perceived high-risk entities, creating blind spots that expose them to operational and reputational threats.
Legacy systems compound the problem—resource-heavy processes that flood teams with false positives while failing to deliver the intelligence needed for confident, timely business decisions.
Xapien breaks this compromise. Its AI-powered SaaS platform delivers unparalleled accuracy at unprecedented speed, integrating into existing environments and enabling 100% due diligence coverage with persistent monitoring across a business’s entire ecosystem without sacrificing commercial velocity.
For the first time, enterprises can eliminate the trade-off between thorough risk assessment and business agility. No more choosing between growth and assurance. No more operational blind spots.
Market Success:
* Xapien has raised £14M to date, including a £8M Series A led by YFM Equity Partners
* The team grew by 73% last year
* Strategic partnerships with global players such as Dow Jones Risk and Compliance and top law firm Pinsent Masons
* Xapien’s clients include Magic Circle, Silver Circle, and AmLaw 100 law firms, as well as top firms in risk consulting and private wealth, and household name large corporations.
* Xapien has a track record of doubling revenue every year for the past 3 years, setting them up for strong subsequent funding rounds.