Hybrid advice tech firm Ammonite secures £250,000 backing

Industrial Thought funds quarter of a million investment in Ammonite

Jenna Brown
clock • 1 min read

Ammonite, a hybrid advice technology company, has secured £250,000 in investment from Industrial Thought.

Industrial Thought is a group of companies focused on accelerating the future of wealth management. Ammonite creates financial adviser software dedicated to pure online engagement. It said its software allows firms to reach more customers with greater operational efficiency. It also uses artificial intelligence and machine learning to give advisers more tools to engage with and service a wider variety of clients.  Co-founder Rob Harradine said: "Today's investors expect fully remote or hybrid interaction. Having worked as financial advisers, we understand industry and investor frustra...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Nick Eatock: Is this the end of the annual review as we know it?

Nick Eatock: Is this the end of the annual review as we know it?

Value comes from continuity of service

Nick Eatock
clock 25 September 2026 • 3 min read
'Fool's gold' warning as more than half of consumers embrace AI for decision-making

'Fool's gold' warning as more than half of consumers embrace AI for decision-making

AI is increasingly shaping the future of financial services

Laura Miller
clock 17 September 2026 • 2 min read
Can investors with ethical considerations really avoid AI?

Can investors with ethical considerations really avoid AI?

Why it's complicated to avoid AI in investment

Ian Aylward
clock 16 September 2026 • 4 min read