News & Insights
EHE brings together Two World First’s in AI Technology
By Simon Landi
MANCHESTER, UK, 2nd May 2024:
At EHE we’re all about Entrepreneurs helping Entrepreneurs and that happens in many ways.
We do more than just support the entrepreneur; we’re actively investing in and advancing artificial intelligence (Ai) powered companies. By providing funding, strategic guidance, expert mentoring, and hands-on tech development, we help transform innovative AI-powered ideas into leading solutions across various sectors. Our commitment to pioneering AI technology underscores our role in nurturing the entrepreneurial spirit and pushing technological boundaries.
These include: PeppercornAi and ClioBooks
The first is PeppercornAi, who, together with EHE’s support and financial acumen, have just completed a formal seed round investment of £3.25m. This includes EHE as existing investors, the Wealth Club and Angels Invest Wales – and which was heavily oversubscribed. All of this will enable PeppercornAI to further develop its SaaS, B2B platform Pipr and increase their dominance as the World’s First Conversational AI platform specifically built for the insurance industry. By allowing digital conversations to take place via AI for the purchase and administration of car insurance, it is a win-win for consumers and insurance companies.
The insurance industry has barely changed since insurance started being sold online thirty years ago. Technology, specifically AI, has the potential to completely change the way consumers buy and manage their insurance policies and can also deliver significant benefits to providers at the same time. “However, as an industry that’s historically been slow to adopt technology, insurance providers are worried about keeping up with the pace in which AI is developing. That’s where PeppercornAI comes in. Our team of insurance experts has built and proven a new model that allows providers to unlock the benefits of the technology now, can be integrated seamlessly and quickly, and ensures their businesses aren’t left behind. My thanks for the continual support of EHE Group for making the raise so successful.
Nigel Lombard, CEO and Founder of PeppercornAI
To raise £3.25m in the current climate is a glowing testament to the strength of the PeppercornAI team and their mission to bring substantial efficiencies to administering insurance policies using their AI-powered platform, Pipr.
Guy Remond, co-founder and investor
The second, which has just launched in the market for the first time, is ClioBooks, the World’s first AI book writing and publishing platform, which has also been built by the team at The Startupfactory, the engineering team in the EHE Group. Again the collaboration between Clio’s founder Georgia Kirke, EHE’s co-founder Guy Remond and the team at The Startupfactory has enabled the tech build, funding and launch all to take place within nine months of inception.
Georgia Kirke, serial entrepreneur and founder of ClioBooks had praise for her collaboration with EHE:
Clio isn’t just a technological advancement; it’s a beacon for aspiring and established authors who have stories to share with the world but are held back by the traditional methods of book production. I couldn’t have done it without the partnership with EHE and thestartupfactory.tech. Their support; from financial to advisory, from their extensive network to their engineering and build agility has undoubtedly helped Clio get from the drawing board into reality.
Georgia Kirke ClioBooks CEO
Guy Remond, co-founder and investor at EHE commented:
I am so excited about the launch of ClioBooks.ai Firstly, it’s an amazing platform that helps entrepreneurs and business leaders speak their book using established workflows, machine intelligence and experienced editors. A book can now be completed in hours for a much lower cost than has previously been possible whilst maintaining best-seller quality.
Secondly, I’m incredibly proud of the involvement of my teams at EHE Group and The Startupfactory team who engineered this AI platform from idea to an MVP+ in 7 months.
Guy Remond, co-founder and investor at EHE Group
So whether it’s funding you need, high-level support and advisory services or an engineering team that lives in the AI space, then think EHE – Entrepreneurs Helping Entrepreneurs to create your World First in AI tech.
And if you are an investor and you want to share in World First success stories like PeppercornAI and ClioBooks then register here to find out more about our new AI-tech fund or contact our Venture Partner Neil Vose right now at [email protected]
– ENDS –
About EHE – EHE Group has a background in providing high-growth funding for tech startups and early-stage companies. Alongside its sister company The Startupfactory, it has previously invested in progressive technology companies such as Peppercorn, Sphonic and Bankifi.
About Guy Remond – Guy is an experienced individual with over 20 years in the tech, software & consulting/advisory industries, as a founder, director, investor and advisor.
Notes to Editor
For media interviews and comment, please contact:
Simon Landi, CMO, EHE Group
If you’d also like to learn more about our new EIS-qualified fund for UK early-stage and growth AI investments, register your interest here.
Tags: AI investments, Investors, Press Release
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