TechMeme
London-based Xapien, which uses AI for background checks and due diligence, raised a $56M Series B led by Spectrum Equity (Lucinda Shen/Axios)
London-based Xapien, an AI-powered background-check platform, secured $56 million in a Series B round led by Spectrum Equity. The funding, announced by Lucinda Shen of Axios, will expand Xapien’s due-diligence services and accelerate product development. The investment underscores growing demand for AI-enhanced verification tools in compliance and risk management.