27 Oct 2025

"Accel Leads £10 Million Pre-Seed Funding Round for Clove to Revolutionize Accessible Financial Advice"

"Accel has led a £10 million pre-seed funding round for Clove, a company aiming to make financial advice more accessible and affordable in the UK, where only 9% of the population currently receives such advice. The funding will be used to explore the integration of human and AI advisors, streamline administrative tasks, and expand Clove's team."

On 27 October 2025, Marriott Harrison advised Accel in leading Clove’s pre-seed funding round. The transaction involved Clove raising £10 million to enhance its financial advisory services, aiming to make professional financial advice more accessible, affordable, and personal. The funds will be used to explore the integration of human and AI advisors, streamline administrative tasks, and expand Clove's team by hiring engineers, designers, and operators. The Marriott Harrison team included VC partner David Bettis and associate Kimberley Lam’s Descamps.
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