# Medly AI funding: rounds and investors > Medly AI has raised $10M across 4 rounds since 2024. Investors include Innovate UK, Ada Ventures and Felix Capital. Every round with its source. Source: https://millionrounds.com/company/medly-ai (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Seed startup](https://millionrounds.com/companies) # Who invested in *Medly AI* 4 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Raised 3 months ago Funding summary Updated 26 Oct 2026 **$10M** raised across 4 rounds since 2024, from 4 sources **$1.3M** Seed **$192K** Seed **$674K** Seed **$8.0M** Seed - **Latest round:** Seed, $8.0M Aug 2026 - **Step-up i:** 11.9× - **Investors:** 3 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2025 2026 **$1.3M** Seed **$192K** Seed **$674K** Seed **$8.0M** Seed - **First round:** Seed, $1.3M - **Biggest round:** $8.0M - **Usual gap between rounds:** 3 months ## The rounds - **Aug 2026** Seed **$8.0M** *3 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Ada Ventures](https://millionrounds.com/fund/ada-ventures) [Felix Capital](https://millionrounds.com/fund/felix-capital) Source recorded - **Jan 2025** Seed **$674K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Nov 2024** Seed **$192K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet - **Aug 2024** Seed **$1.3M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet ## Funding filed with regulators Medly AI filed 3 raises, $2.2M in all. Filings say how much was sold and to how many investors; they never name the investors. - Jan 2025 **$674K** UK share allotment - Nov 2024 **$192K** UK share allotment - Aug 2024 **$1.3M** UK share allotment ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2024 **Seed** 2024 **Seed** 2025 **Seed** 2026 [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Ada Ventures](https://millionrounds.com/fund/ada-ventures) [Felix Capital](https://millionrounds.com/fund/felix-capital) ## Everyone who backed them [Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **1** round [Ada Ventures](https://millionrounds.com/fund/ada-ventures) VC firm **1** round [Felix Capital](https://millionrounds.com/fund/felix-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=medly-ai). ## Also claim to have backed them This firm lists Medly AI as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Eka Ventures](https://millionrounds.com/fund/eka-ventures) VC firm Per its own site ## Quick answers about Medly AI ### Who invested in Medly AI? Medly AI's investors include Innovate UK, Ada Ventures and Felix Capital. ### How much has Medly AI raised? Medly AI has raised $10M across 4 rounds since 2024. ### When did Medly AI last raise? Medly AI's most recent round was a Seed of $8.0M in Aug 2026. ### What was Medly AI's biggest round? Its most recent round, $8.0M in Aug 2026, is also its largest on record. ### Who backed Medly AI first? Medly AI's first round on record, in Aug 2026, was backed by Innovate UK, Ada Ventures and Felix Capital. ### What stage is Medly AI at? Medly AI's latest named round is a Seed, in Aug 2026. ### Where is Medly AI based? Medly AI is based in the United Kingdom. ## Companies like Medly AI In the same sector, and raised in the last eighteen months. [**Marrow** $2.0M · Oct 2026](https://millionrounds.com/company/marrow)[**Cognitive Credit** $64M · Oct 2026](https://millionrounds.com/company/cognitive-credit)[**Opply** $23M · Oct 2026](https://millionrounds.com/company/opply)[**XRlabs** $8.4M · Oct 2026](https://millionrounds.com/company/xrlabs)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**Affinity Labs** $3.2M · Oct 2026](https://millionrounds.com/company/affinity-labs) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app