Prevalent AI raises $22m to fix the data problem behind failing AI projects

Prevalent AI, founded in 2017 in London, secured $22 million from Integrity Growth Partners, its first primary capital in nine years. The company doubled annual recurring revenue last year. Its sovereign knowledge graph reduced executive report preparation by 95% for a global insurer and increased incident detection by 80% for an international bank. The funding will grow sales, marketing, customer success, partnerships, and U.S. operations, and extend the graph to risk, financial crime, and compliance.