Investors
Operational memory is the next system of record.
Virtus Nemeton is building governed operational memory infrastructure for industry. A productised funnel — diagnostic to pilot to annual contract — lands the account, and a product family across Academy, Maintenance, Dispatch, and Console expands it. The machine proposes; the human authorises; the system remembers.
The machine proposes. The human authorises. The system remembers. The institution improves.
The thesis
Every operation forgets. Governed memory compounds.
Industrial knowledge is created constantly and retained almost nowhere. The thesis is simple: capture the decisions, govern them, and the record becomes infrastructure.
Every operation forgets. A fault is diagnosed and the reasoning evaporates when the shift ends. A fix works and nobody records why. The expert who held the plant in their head retires, and the institution starts again from zero. The cost is not a single outage — it is the same problem solved repeatedly, by people who never knew it had been solved before.
Governed memory compounds. When the machine proposes a course of action and a human authorises it on the record, that decision becomes an asset the institution keeps. Every authorised call makes the next one faster and the operation harder to disrupt. The value is not the AI; it is the accumulating, defensible record of how the operation actually runs — and who stood behind each decision.
This becomes infrastructure. Spreadsheets and tribal knowledge do not survive a workforce turnover; a governed system of record does. We believe operational memory will sit alongside the ledger and the CRM as a system every serious industrial operator depends on — and that the company which productises the path to it owns the category.
The model
A productised funnel that lands the account and expands it.
Each stage qualifies and funds the next. A low-friction diagnostic routes into a paid pilot, the pilot converts to an annual contract, and the product family expands the footprint inside the account. Figures are model targets, not committed results.
ApexIndex diagnostic
£2,500
A fixed-price diagnostic grades an operation’s memory and evidences where knowledge leaks. It qualifies the account and frames the pilot — a low-friction entry that pays for itself.
Sentinel pilot
£8–15k / mo
A four-week paid pilot stands up a live operating picture the client uses from week one. It proves value on real assets before any long-term commitment.
Annual contract
£96–180k / yr
The pilot converts to a platform the client keeps. Governed memory compounds with every authorised decision, so the account deepens rather than churns.
Expansion
Multi-product
Academy, Maintenance, Dispatch, and Console extend the same memory layer across training, work, scheduling, and oversight — net revenue retention from one operating system.
Why now
The market, the mandate, and the need have aligned.
Operational memory has been a good idea for a decade. Three forces now make it a fundable one — together, not separately.
Applied AI has matured
Models are now reliable enough to propose, draft, and rank inside real operations — not as demos, but as daily work. The constraint has shifted from capability to trust: who authorised this, and on what record.
Governance is now a requirement
Regulated and asset-heavy buyers cannot adopt ungoverned AI. Demand is moving toward systems that keep a defensible record of what the machine proposed and what a human authorised — exactly the layer we build.
UK industry needs it
Plant knowledge sits in retiring heads and scattered spreadsheets. UK operators face an ageing workforce and tight margins, and need to capture institutional memory before it walks out the door.
Request the investor deck.
The deck covers the thesis, the funnel economics, the product roadmap across Academy, Maintenance, Dispatch, and Console, and how we are building the category. Tell us a little about your mandate and we will share it.