Summary
Risk Ledger has successfully completed a Series B funding round, securing £24 million in growth investment from Axiom Equity, who led the round, and returning investor Mercia. This capital infusion is earmarked for the company's strategic expansion into the United States market and to further develop its active supply chain security platform.
Summary of transaction details:
- Value: £24 million
- Sector: Cybersecurity & RegTech
- Advisor: Not mentioned
- Key Entities: Risk Ledger (Target), Axiom Equity (Lead Investor), Mercia (Investor)
- Location: Expansion into the United States
Note: This investment highlights the increasing demand for innovative solutions in supply chain cyber risk management. Risk Ledger's network-first approach aims to transform traditional third-party risk by fostering collaborative defense among organizations, a model that has attracted significant investor confidence for its potential to scale and enhance security resilience globally.
Lead Investor / Acquirer
Axiom Equity
Advising Broker
Undisclosed Firm
More from Axiom Equity
Original Source
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