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Imandra

Seed

Imandra develops AI reasoning technology that provides formal verification and mathematical logic analysis for software systems, enabling AI to understand, verify, and justify the real behavior of the systems it builds and runs. The company's CodeLogician platform translates source code into precise mathematical models, mapping every type, state, relation, and function to uncover hidden bugs and generate rigorous…

FinTech · Investment Tech, · London,_x000D_ Austin, United Kingdom,_x000D_ United States · EST 2014

About

Imandra develops AI reasoning technology that provides formal verification and mathematical logic analysis for software systems, enabling AI to understand, verify, and justify the real behavior of the systems it builds and runs. The company's CodeLogician platform translates source code into precise mathematical models, mapping every type, state, relation, and function to uncover hidden bugs and generate rigorous test cases. Imandra serves financial services, government, and defense sectors with clients including DARPA, Goldman Sachs, KPMG, Citi, Euronext, and TMX. Founded in 2014 and headquartered in Austin, Texas and London, the company has raised approximately $5M in seed funding from investors including IQ Capital, AlbionVC, and Green Visor Capital. Imandra differentiates itself through neurosymbolic AI that combines LLM pattern recognition with symbolic reasoning, closing a 41-47 percentage point accuracy gap compared to LLM-only approaches.

Business model

GRC Software > Risk Management,

Investment Tech > Capital Market IT > Trade Management > Risk and Compliance Management,

RegTech > Risk Management > Risk Type > Investment Industry Risks,

Dcode Batches > AI

Team background

College Wise > University of Edinburgh

Institutional investors

IQ CapitalAlbionVCLive Oak VenturesAnthemis GroupUniCredit GroupGreen Visor Capital

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