SolveAI, a London startup that lets employees build enterprise software in natural language, has raised a $45m Series A round led by GV, the investment firm formerly known as Google Ventures. Fortune first reported the round on 25 February 2026, and said it had been raised in November. Business Cloud and UKTN reported it the following day.
Northzone, Mantis VC and NeverLift also took part, along with angel investors including Mike LoSapio, chief information security officer of Palantir, Pushmeet Kohli of Google DeepMind and Olivier Godement of OpenAI, according to Fortune. The company also disclosed a $5m pre-seed round led by Accel, which had not been announced before. Together the two rounds come to $50m. No valuation was reported.
“Most AI coding tools force enterprises to choose between speed and security. SolveAI doesn't.”Tom Hulme, Managing Partner and Head of Europe, GV
What SolveAI does
Steve Basher, a former Palantir engineer, founded the company in July 2025. SolveAI says staff in any department can use natural language to generate proposals, designs and working applications that connect to a company's existing IT systems and meet its security and compliance rules.
Basher argues that most AI code-generation tools do not account for the context of an individual enterprise, so the apps they produce rarely get beyond the prototype stage. "AI's somewhat useless without context," he told Fortune, saying the question for SolveAI is what framework captures a company's context. Business Cloud reported that companies in manufacturing, retail and financial services are already exploring the product.
The company works in a crowded field. Fortune named Cursor, valued at $29.3bn, and Lovable, valued at $6.6bn, as competitors in AI coding, and quoted Basher saying Lovable is aimed at consumers while no one has yet worked out how to generate software that looks as if a company's own engineers had written it.
Who backed it
Tom Hulme, managing partner and head of Europe at GV, said the round reflected a view that enterprises should not have to choose between speed and security. He said Basher and the team will let companies move fast with AI while working within real security, compliance and infrastructure constraints.
Fortune quoted Hulme as saying that how enterprises write and deploy software is so nuanced that moving from prototypes to scalable production requires deep understanding of those details.
What the money is for
According to Business Cloud, the funding will be used to grow the SolveAI team, develop partnerships with global enterprises and extend the platform's capabilities. The company had 12 employees at seven months old, including senior hires with experience at Palantir, ElevenLabs and Meta, and plans to quadruple headcount during 2026. Fortune put the headcount at eleven.
The pre-seed round was raised in August 2025, a month after incorporation, and the Series A followed in November. The sources reviewed did not name any revenue figures or customers.