Malted AI valuation, funding and investors
Malted AI works in financial intelligence solutions development, based in City of Edinburgh, United Kingdom. Founded in 2023, it has about 28 employees.
- Last round
- Seed · $7.56M · May 2024
- Valuation at last round
- $46.2M · implied
- Headcount
- 28 · up
- Grade
- D
- Founded
- 2023
Malted AI valuation today
VCMC values Malted AI at $108M today, with a range of $16.7M to $164M and a grade of D. The valuation starts from its last funding round, a seed round in May 2024.
Valuation by date (48 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2023 | $12.8M | $4.65M – $35.1M | $14.0M (+9%) | before first round | – | unknown | D | 0% |
| 1 Feb 2023 | $12.9M | $4.69M – $35.4M | $14.1M (+9%) | before first round | – | unknown | D | 0% |
| 1 Mar 2023 | $13.0M | $4.72M – $35.6M | $14.2M (+9%) | before first round | – | unknown | D | 0% |
| 1 Apr 2023 | $13.1M | $4.75M – $35.9M | $14.3M (+9%) | before first round | – | unknown | D | 0% |
| 1 May 2023 | $13.2M | $4.79M – $36.1M | $14.4M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jun 2023 | $13.3M | $4.83M – $36.4M | $14.5M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jul 2023 | $13.4M | $4.86M – $36.7M | $14.6M (+9%) | before first round | – | unknown | D | 0% |
| 1 Aug 2023 | $13.5M | $4.90M – $36.9M | $14.6M (+8%) | before first round | – | unknown | D | 0% |
| 1 Sep 2023 | $13.6M | $4.93M – $37.2M | $14.6M (+8%) | before first round | – | unknown | D | 0% |
| 1 Oct 2023 | $13.6M | $4.97M – $37.5M | $14.6M (+7%) | before first round | – | unknown | D | 0% |
| 1 Nov 2023 | $13.8M | $5.01M – $37.8M | $14.6M (+6%) | before first round | – | unknown | D | 0% |
| 1 Dec 2023 | $13.9M | $5.04M – $38.1M | $14.6M (+5%) | before first round | – | unknown | D | 0% |
| 1 Jan 2024 | $14.0M | $5.08M – $38.3M | $14.6M (+5%) | before first round | – | unknown | D | 0% |
| 1 Feb 2024 | $14.1M | $5.12M – $38.6M | $14.6M (+4%) | before first round | – | unknown | D | 0% |
| 1 Mar 2024 | $14.2M | $5.16M – $38.9M | $14.6M (+3%) | before first round | – | unknown | D | 0% |
| 1 Apr 2024 | $14.3M | $5.19M – $39.2M | $14.6M (+2%) | before first round | – | unknown | D | 0% |
| 1 May 2024 | $14.4M | $5.23M – $39.5M | $14.6M (+1%) | before first round | – | unknown | D | 0% |
| 16 May 2024 | $46.3M | $30.4M – $141M | $92.5M (+100%) | after a round | – | unknown | C | 0% |
| 1 Jun 2024 | $47.7M | $30.4M – $141M | $92.5M (+94%) | after a round | – | unknown | C | 0% |
| 1 Jul 2024 | $50.5M | $30.4M – $141M | $92.5M (+83%) | after a round | – | unknown | C | 0% |
| 1 Aug 2024 | $53.6M | $30.4M – $141M | $92.5M (+72%) | after a round | 14 | unknown | C | 0% |
| 1 Sep 2024 | $56.9M | $30.4M – $141M | $92.5M (+63%) | after a round | 14 | unknown | C | 0% |
| 1 Oct 2024 | $60.2M | $30.4M – $141M | $92.5M (+54%) | after a round | 14 | unknown | C | 0% |
| 1 Nov 2024 | $65.9M | $32.5M – $151M | $98.9M (+50%) | after a round | 19 | growing | C | 0% |
| 1 Dec 2024 | $70.1M | $32.5M – $151M | $98.9M (+41%) | after a round | 19 | growing | C | 0% |
| 1 Jan 2025 | $74.8M | $32.5M – $151M | $98.9M (+32%) | after a round | 19 | growing | C | 0% |
| 1 Feb 2025 | $79.8M | $32.5M – $151M | $98.9M (+24%) | after a round | 19 | growing | C | 0% |
| 1 Mar 2025 | $84.6M | $32.5M – $151M | $98.9M (+17%) | after a round | 19 | growing | C | 0% |
| 1 Apr 2025 | $90.2M | $32.5M – $151M | $98.9M (+10%) | after a round | 19 | growing | C | 0% |
| 1 May 2025 | $96.0M | $32.5M – $151M | $98.9M (+3%) | after a round | 19 | growing | C | 0% |
| 1 Jun 2025 | $98.9M | $32.6M – $151M | $98.9M (0%) | after a round | 19 | growing | C | 0% |
| 1 Jul 2025 | $98.9M | $32.7M – $151M | $98.9M (0%) | after a round | 19 | growing | C | 0% |
| 1 Aug 2025 | $102M | $33.9M – $155M | $102M (0%) | after a round | 22 | growing | C | 0% |
| 1 Sep 2025 | $102M | $34.1M – $155M | $102M (0%) | after a round | 22 | growing | C | 0% |
| 1 Oct 2025 | $103M | $34.6M – $157M | $103M (0%) | after a round | 23 | growing | C | 0% |
| 1 Nov 2025 | $103M | $34.7M – $157M | $103M (0%) | after a round | 23 | growing | C | 0% |
| 1 Dec 2025 | $103M | $34.9M – $157M | $103M (0%) | after a round | 23 | growing | C | 0% |
| 1 Jan 2026 | $102M | $34.7M – $155M | $102M (0%) | after a round | 22 | growing | C | 0% |
| 1 Feb 2026 | $102M | $34.8M – $155M | $102M (0%) | after a round | 22 | growing | C | 0% |
| 1 Mar 2026 | $103M | $25.5M – $157M | $103M (0%) | after a round | 23 | up | C | 0% |
| 1 Apr 2026 | $103M | $24.8M – $157M | $103M (0%) | after a round | 23 | up | C | 0% |
| 1 May 2026 | $108M | $37.2M – $164M | $108M (0%) | after a round | 28 | growing | C | 0% |
| 1 Jun 2026 | $108M | $20.6M – $164M | $108M (0%) | after a round | 28 | up | D | 0% |
| 1 Jul 2026 | $108M | $19.7M – $164M | $107M (0%) | after a round | 28 | up | D | 0% |
| 1 Aug 2026 | $108M | $18.8M – $164M | $107M (0%) | after a round | 28 | up | D | 0% |
| 1 Sep 2026 | $108M | $18.0M – $164M | $107M (-1%) | after a round | 28 | up | D | 0% |
| 1 Oct 2026 | $108M | $17.3M – $164M | $108M (0%) | after a round | 28 | up | D | 0% |
| 24 Oct 2026 | $108M | $16.7M – $164M | $85.2M (-21%) | after a round | 28 | up | D | 0% |
Key facts about Malted AI
- Founded
- 2023
- Headquarters
- City of Edinburgh, United Kingdom
- Employees
- about 28 +22% in a year
- Total raised
- $7.6M
- Funding rounds
- 1
- Last round
- Seed May 2024
Malted AI was founded in 2023 by Carlos Gemmell, Federico Rossetto and Iain Mackie.
Malted AI funding history
Malted AI has 1 funding round on record, from May 2024 to May 2024, $7.6M in total. None disclosed a valuation.
Seed 15 May 2024
Led by Hoxton Ventures; with The Creator Fund.
Sources: finsmes.com, insider.co.uk, uktech.news
$7.6M
Malted AI investors
2 investors have backed Malted AI; Hoxton Ventures led at least one round.
What Malted AI does
Malted AI works in software development services, with 7 recorded offerings and customers in financial services.
Malted AI is a British company that develops and provides artificial intelligence solutions for the financial services sector. The company specializes in knowledge distillation technology and the creation of small language models tailored for enterprise use, with a focus on security, accuracy, and compliance for financial institutions. Malted AI serves banks, wealth managers, and fintechs, and is involved in research and development related to AI and finance.
Description from Veridion's company data.
Products and services
- Financial Intelligence Solutions Development
- AI Model Distillation Services
- Small Language Model Development
- Enterprise-Specific AI Solution Customization
- Financial Data Analysis Services
- Regulatory Compliance Support Services
- AI Technology Research and Development
Markets
- Financial Services
Technology
- Proprietary Distillation Technology
- Small Language Models
Business model
- Business-to-Business
- Service Provider
- Enterprise
Industry codes (NAICS)
- 541511 Custom Computer Programming Services 100% match
Questions about Malted AI
What is Malted AI worth?
Valuation $108M (range $16.7M to $164M), as of 24 Oct 2026.
Has Malted AI raised money?
Malted AI has 1 funding round on record, from May 2024 to May 2024, $7.6M in total. None disclosed a valuation.
Who has invested in Malted AI?
Hoxton Ventures and The Creator Fund. Lead investors include Hoxton Ventures.
How many people work at Malted AI?
About 28, up 22% over the last year. Headcount grew from 14 in Aug 2024 to 28 in Sep 2026.
What does Malted AI do?
Malted AI works in software development services, with 7 recorded offerings and customers in financial services. Its main offerings are financial intelligence solutions development, AI model distillation services and small language model development.
When was Malted AI founded, and where is it based?
Malted AI was founded in 2023 and is based in City of Edinburgh, United Kingdom. It has about 28 employees, up 22% over the last year.