Melbourne-based Redactive AI raised $7.5M USD in Seed funding to advance its developer AI platform.

The funding round, spearheaded by Felicis and Blackbird, included investments from Atlassian Ventures and Zapier.

The capital will help grow Redactive's engineering, customer success, and marketing teams, furthering their work with enterprise Generative AI initiatives.

Founded by Lucas Sargent, Andrew Pankevicius, and Alexander Valente, Redactive AI supports enterprise teams by offering a platform that integrates data security and AI engineering capabilities.

Early adopters include large financial institutions in Australia, leveraging Redactive's platform to scale AI applications for over 500 employees each.