Xapien is a privately held software company based in London.[1] It provides a dynamic due diligence platform[2][3] used by financial institutions, large corporations, law firms and philanthropic institutions to meet customer and third party compliance obligations.[4]
The company was founded in 2018 by Shaun O'Mahony and Dan Secretan[5] to explore the applications of natural language processing (NLP) technologies in business intelligence, risk analysis, and due diligence.[6][7] The two met while working at Detica (now BAE systems),[6] where O'Mahony was in the Cyber Financial Crime division and Secretan in Government Intelligence.[8]
In 2022, Chris Green, former Managing Director of Detica's Financial Crime division, with a background in national security and law enforcement joined the company for its formal launch.[9][10]
The company closed a $6M Seed investment round in April 2023, led by YFM Equity Partners and D2 Fund.[4] This was followed by a $10M Series A round in July 2024, led by YFM Equity Partners bringing total funding to $17.8 million.[3][11] Another investor in Xapien is Deeptech Labs.[12]
Between 2023 and 2024, the company increased its annual recurring revenue by 150% and doubled its workforce.[11]
Products
Xapien's core product is an AI-powered software platform designed for regulated sectors and organisations with complex compliance requirements. It supports due diligence and risk management workflows in industries such as financial, legal, and philanthropic sectors.[13] The platform uses machine learning and NLP to process large volumes of data from online sources and databases. This functionality was expanded to integrate Large Language Models (LLM).[14] The platform is designed to improve the speed and consistency of customer and third-party due diligence checks such as anti-money laundering (AML) and reputational risk assessments.[6][4]
In 2024, Xapien partnered with Dow Jones Risk and Compliance to launch the compliance tool Integrity Check.[3][15]
In November 2024, together with the law firm Pinsent Masons LLP, Xapien began the development of an AI tool to support AML compliance within the legal market. The tool is powered by LLM and has been shown to cut onboarding time.[10][16]
Chartis Research has listed Xapien among its category leaders within various of its financial crime technology reports[20] including 2024[21] and 2025.[22]
Xapien has also been included in Sifted's 2025 List of the 100 fastest-growing startups in Europe, ranking at number 38.[23]
Xapien has been selected for UK-based and international accelerator programmes, including Deeptech Labs,[24] Tech Nations Applied AI programme,[25] and Google's AI First – Startups Accelerator.[26]
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