Foot Anstey advises Covecta on $6.5 million seed funding round led by Salesforce Ventures

National law firm Foot Anstey LLP has advised Covecta, a rapidly scaling AI business transforming financial services operations, on its $6.5 million seed round led by Salesforce Ventures.

The investment will enable Covecta to accelerate the development of its agentic AI platform, delivering meaningful productivity gains for banks, lenders and financial institutions. By streamlining front, middle, and back-office workflows, Covecta is setting a new standard for how the sector approaches automation.

Foot Anstey’s Corporate team, led by Partner Adam McKenna and supported by Jordan Thomas and Michelle Dalton, advised Covecta on all aspects of the fundraising.

Adam McKenna, Partner at Foot Anstey, commented: “We are proud to have advised Covecta on this landmark $6.5 million fundraise led by Salesforce Ventures. The investment underscores the strength of Covecta's proposition and represents a strong endorsement of the business' vision to bring agentic AI into financial services workflows.”

Scott Wilson, Covecta CEO, said: “This fundraise marks a huge milestone for Covecta. Having Salesforce Ventures lead our seed round is a powerful validation of our vision to transform how financial services teams operate. Foot Anstey provided expert guidance throughout the process, enabling us to complete the deal smoothly and position ourselves strongly for our next stage of growth.”

This transaction further demonstrates Foot Anstey’s experience in advising innovative, fast-growth businesses in the technology and financial services sectors.