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Inicio AI is a SaaS company specializing in conversational AI technology to streamline the income and expenditure affordability assessment process. Their flagship product, Budgie, is a virtual agent…

Inicio AI is a SaaS company specializing in conversational AI technology to streamline the income and expenditure affordability assessment process. Their flagship product, Budgie, is a virtual agent…
Headquarters: Coventry, United Kingdom
Core product: Budgie — conversational AI virtual agent for income & expenditure (affordability) assessments
Founded: April 2020
Employees: 22
Recent funding: Seed rounds totalling reported ~£2.6M–£5M (seed cited); total funding reported $4,020,000
Regulated by the Financial Conduct Authority (UK)
Financial services affordability assessments, debt management, and customer vulnerability identification
2020
Fintech / SaaS
£2.6M
Reported seed round of £2.6M; other sources report ~£5M total across two rounds
“Seed lead investors named include Midven and Rigby Group; other reported investors include West Midlands Co-Investment Fund, Haatch Ventures, Morgan Stanley, Angel Academe, and Mint Ventures.”
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