Felix, the AI workflow platform built for high-stakes professional services, has closed a $1.7M pre-seed funding round led by XYZ Venture Capital. Angel investors joining the round include current and former leaders at Amazon, Apple, Palantir, FlexPort, Yelp, and Midjourney. The company plans to use the capital to expand its product and accelerate growth across the legal, finance, and insurance sectors.
The funding round positions Felix as one of the more technically specific entrants in enterprise automation — a space that has grown crowded but still lacks reliable infrastructure for highly regulated industries where every output carries legal or financial consequences.
Professional services firms have spent years wrestling with a fundamental tension in AI adoption. Foundation models like GPT or Claude generate probabilistic outputs that vary from one prompt to the next. They require someone to prompt them, monitor them, and clean up after them. For a law firm processing thousands of mortgage insurance policies, or an insolvency firm chasing fraud across tens of thousands of creditor claims, that dependency is not workable at scale.
Felix was built around a different principle. Rather than acting as a productivity tool for individual users, the platform converts institutional knowledge into automated workflows that execute on their own, produce the same output every time a given input is applied, and keep a complete audit trail at every step.
"Every advance in AI is increasing individual productivity, but these gains are not being realized by institutions," said Tomas Scavnicky, co-founder and CEO of Felix. "We need to build the assembly line for knowledge work — one that requires no technical experience and enables institutions to retain tribal knowledge that may be spread across many different systems and databases."
The $1.7M pre-seed capital will be directed primarily at expanding Felix's core product capabilities and scaling operations. The company is already deployed at major legal, finance, and insurance firms, and the funding is expected to accelerate adoption in high-volume compliance, lending, and investment management environments.
Beyond product development, Felix is targeting deeper automation infrastructure — specifically, the ability to handle workflows that involve many sequential steps and judgment calls, while limiting where AI reasoning is actually applied. By running AI only at the steps that genuinely require interpretation and handling the rest as deterministic code, Felix brings down cost and increases reliability for the clients it serves.
Advocate, a New York-based risk management firm, used Felix to work through a backlog of more than 50,000 mortgage insurance policies in three weeks. Without automation, that same volume would have taken over a decade to process manually. The firm now runs Felix continuously to prevent future backlogs from building up.
Recourse Collective, a UK-based insolvency claims firm, built a fraud detection system on Felix to analyze creditor claims at scale. Founder Matthew Letts cross-referenced tens of thousands of claims against director networks to identify instances of "phoenixing" fraud — businesses that dissolve and reincorporate to escape debt. Within eight weeks, the system had surfaced £1.4 billion in recoverable assets.
"Felix gave us a way to do work that simply wasn't possible before," said Matthew Letts, Founder of Recourse Collective. "Before we started working with Felix, we thought we might find millions in recoverable assets. But the scale that Felix gave us to automate big, thorny, repetitive tasks uncovered far more than we expected, making a massive difference for our business."
Felix was founded by Tomas Scavnicky and Mato Vetrak, and is headquartered in Prague with incorporation in the United States. Scavnicky previously built Parrot, a workflow automation platform for the legal industry that was acquired by FileVine in 2025. After that acquisition, the team recognized that the automation architecture they had built for lawyers could be applied across a much broader range of professional services.
The platform does not position itself as a chat tool or a faster word processor. It allows firms to codify their internal processes into autonomous systems that run without constant human oversight. Felix generates and deploys all the code automatically, and provides a full audit trail so clients understand exactly what is entering and leaving the system.
"Most AI tools help you do the same work faster," said Mato Vetrak, co-founder and CTO of Felix. "We're building the kind of safe, scalable and auditable infrastructure that high-stakes professional services can trust to codify who has the authority to, and how to make judgements about, different use-cases, such as processing mortgage applications."
The company serves clients across compliance, lending, litigation, and investment management, operating complex, high-volume processes that require consistent, defensible outputs.
The round was led by Art Clarke, Partner at XYZ Venture Capital, alongside a group of angel investors from some of the most recognized names in technology. The angels include current and former senior figures at Amazon, Apple, Palantir, FlexPort, Yelp, and Midjourney.
"What drew us to Felix wasn't just the technology — it was the insight and proven team behind it," said Clarke. "Tomas and Mato recognized that the real bottleneck in professional services isn't individual productivity, it's institutional scalability. Every firm has processes that live in people's heads, spread across dozens of systems, dependent on someone being available to prompt an AI tool. Felix replaces that dependency with infrastructure."
This marks the company's first external funding. With early traction already in place and a founding team that has built and sold in the legal automation space before, the round signals growing investor interest in AI platforms that prioritize reliability and auditability over feature breadth.
