Dataline Labs, a London-based data analysis firm, has secured £740,000 in pre-seed funding. The investment round was led by Haatch Ventures with additional involvement from the British Business Bank and various angel investors. The company specialises in providing strategic insights across different enterprise departments.
The startup has been chosen for the Ministry of Defence’s Digital Supply Chain Hub Defence Testbed Accelerator. This initiative involves collaborating with defence manufacturers such as Babcock, Thales, Rheinmetall, and BAE Systems Land. The project aims to resolve data issues across the UK defence sector’s supply chains.
The company is also introducing MIRA AI. This platform allows members of staff without technical backgrounds to query business information in plain English, providing immediate results without requiring technical support teams.
The business was established by Evan Shapiro and Chris Lawson following their experiences in various organisations. They observed that company data is frequently scattered across separate systems and legacy software. The firm aims to convert these disconnected sources into datasets ready for analysis within a short timeframe while providing the necessary context for accurate interpretation.
Evan Shapiro, CEO and Co-Founder of Dataline Labs, said: “We spent years watching companies drown in their own data. The information was there, but getting to it meant waiting on overloaded engineering or data teams, with dozens of tasks ahead of yours! We started Dataline Labs because we believed there had to be a faster way – and now we’re proving it with a vote of confidence from investors and the MoD.”
The London-based company has completed projects in several sectors, including property, asset management, manufacturing and ESG reporting. The new capital will be used to grow the workforce, deploy the new platform to corporate clients and fulfil the requirements of the Ministry of Defence contract. Future plans include expanding into industries such as retail, private equity and professional sports.
Image source: LinkedIn
