Strategic investment · AI
HSBC backs Promenaut as AI platform launches
The strategic investment forms part of $8.9m in total funding; HSBC also joins as a design partner.
Promenaut announced a strategic investment from HSBC alongside its public launch on 22 September. The company has raised $8.9 million in total funding, including the bank’s investment; it did not disclose the size of HSBC’s contribution. HSBC chief AI officer David Rice will join its board.
The platform coordinates people and AI agents in regulated workflows, with controls for permissions, oversight and audit records. HSBC is already using it for selected activities such as business case evaluation and pre-coding work, and will contribute feedback as a design partner.
Funding history
Strategic investment · This roundUndisclosed