ConnexAI Raises £93 Million in Series C Funding to Accelerate Global Expansion

ConnexAI Raises £93 Million in Series C Funding to Accelerate Global Expansion

Aug 10, 2022

Aug 10, 2022

Connex One, a leading provider of AI-powered customer engagement software, has secured more than £93 million for a minority equity stake from investors, including technology advisory and investment firm GP Bullhound. The funding will enable Connex One to scale its international operations and further strengthen its position as a market leader in customer engagement technology.

Founded in 2013 by brothers Nick Mealey and Richard Mealey, Connex One has developed a multi-award-winning AI-driven platform that delivers omnichannel communication and business automation solutions. The platform powers customer journeys for many of the world’s leading brands, driving revenue growth and optimising workforce efficiency.

In recent years, Connex One has expanded its product and machine learning teams and introduced a range of next-generation AI customer engagement features. The company has achieved consecutive years of triple-digit growth in enterprise clients and annual recurring revenue.

To meet growing global demand, Connex One has increased its international footprint, opening new offices in Miami, Barcelona, and Melbourne in 2022. The company is on track to expand its workforce to 1,000 employees worldwide.

“I am delighted to announce the successful completion of our Series C fundraising from leading technology investors,” said Nick Mealey, CEO and co-founder of Connex One. “Connex One’s growth rate has been phenomenal; it is a testament to our high-calibre global team and the value that our award-winning platform has created for our customers. I look forward to the next phase of our journey.”

Latium Tech, the investment vehicle owned by Brian Kennedy, acquired a majority shareholding in Connex One in 2016, alongside Sir Terry Leahy and The William Currie Group. Legal advisory for Connex One was provided by DWF, led by Frank Shephard.

About ConnexAI

ConnexAI is an award-winning AgenticAI platform designed by a world-class engineering team to help organisations maximise profitability, accelerate revenue growth, and redefine productivity. Built from the ground up with proprietary AI models, ConnexAI’s suite of enterprise-grade applications — including AI Agent, AI Analytics, ASR, AI Voice, and AI Quality — enables businesses to automate complex processes and deliver human-like problem-solving at scale.

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