AI Score, a London-based startup that has created an AI governance and management platform, has emerged from stealth with more than $1m (£760,000) in funding.
Built within GALLOS Technologies, a venture studio for security, defence and resilience companies, AI Score aims to allow organisations to use automation technology safely.
The group’s platform is used to provide real-time visibility of how a company is using AI, ensuring that any compliance risks or safety concerns are highlighted and dealt with.
According to the startup, its platform shows business leaders how AI is being used, where it creates value and where it creates risks.
“We stand at the precipice of a new age where an organisation’s very existence will depend on how successfully it can innovate with AI,” said Alex Harland, co-founder and chief executive of AI Score.
“The traditional way of doing governance simply isn’t enough. That’s why, at AI Score, we’re reinventing governance for the AI Age. We power leaders and organisations with the intelligence and precision they need to drive AI innovation — doing it securely, responsibly, and with maximum impact.”
AI Score has already appointed a handful of prominent names to its advisory board, including former GCHQ head Sir Jeremy Fleming and former HSBC Bank Europe boss Colin Bell.
Josh Burch, the co-founder and managing partner of GALLOS Technologies is also on the advisory board.
“We’ve seen, through our experience in intelligence and business, the dangers as well as the opportunities inherent in how organisations use AI. Large parts of the corporate world haven’t yet absorbed the risks they’re running. We are really proud of what the AI Score team has achieved so far, and how they have grown already,” said Burch.
“Co-founders Alex Harland and Benita Tibb have built a product that will transform the way companies look at their AI governance, by allowing them to view their governance and performance analytics in one space. With the full backing of the GALLOS team and advisory board, we look forward to helping AI Score continue to grow.”
