Elyos AI

Elyos AI, a London-based artificial intelligence platform dedicated to supporting trade businesses, has successfully closed a £9.7 million ($13 million) Series A funding round. This investment, led by Blackbird Ventures with participation from Y Combinator and Pi Labs, is earmarked to fuel the company's international expansion and enhance its AI-driven automation solutions for customer operations.

Summary of transaction details:

• Value: £9.7 million Series A
• Sector: AI, Field Services, Trade Business Automation
• Advisor: Not Applicable
• Key Entities: Elyos AI (Target), Blackbird Ventures (Lead Investor), Y Combinator, Pi Labs (Participating Investors)
• Location: London, UK (Target Company)

Note: Elyos AI addresses a critical pain point for trade businesses by automating customer operations such as communications, booking, dispatch, and follow-ups. This allows businesses to scale operations and take on more jobs without incurring additional overhead, reflecting a strong market demand for AI solutions that streamline processes in vertical service industries.