Summary
Leeds-based digital security and compliance specialist Xentra has successfully closed a £2.7 million (€3.18 million) growth equity funding round from Maven Capital Partners.
Summary of transaction details:
- Value: £2.7 million (€3.18 million) Growth Equity.
- Sector: Software & SaaS / Cybersecurity / RegTech.
- Advisor / Capital Structure: Co-funded by the Maven VCTs alongside NPIF II – Maven Equity Finance (managed by Maven Capital Partners as part of the Northern Powerhouse Investment Fund II).
- Key Entities: Target: Xentra (Xentra Group Ltd); Lead Investor: Maven Capital Partners; Key Executives: Henry Doyle (CEO), Marc Fairclough (COO & Founder), Lewis Jones (Investment Manager at Maven).
- Location: Leeds, West Yorkshire, UK.
Note: Founded originally in 2021 as Fairtech Solutions by Marc Fairclough, the firm rebranded to Xentra following an acquisition and strategic restructuring led by serial cybersecurity entrepreneur Henry Doyle (who previously co-founded Altinet and Boxphish). Xentra provides a managed, subscription-based cybersecurity, digital compliance, and safeguarding platform built specifically for SMEs, educational multi-academy trusts, and regional transport hubs. Rather than forcing clients to navigate complex vendor ecosystems, Xentra packages software, 24/7 network monitoring, and compliance tools into its proprietary "STAX" software bundles and centralized customer portal. This modular architecture allows non-technical organizations to achieve round-the-clock threat protection, maintain ISO 27001 standards, and meet stringent cyber insurance requirements under a single subscription SLA. Currently serving over 90 high-profile accounts—including Leeds United Football Club, Leeds Bradford Airport, Vista Technology Support, and the Shaw Education Trust—Xentra has quadrupled its Annual Recurring Revenue (ARR) over the past two years. The £2.7m injection will fund executive leadership expansion, accelerate sales and marketing outreach across the UK, and drive technical development on their STAX software suite to unlock upsell pathways.
Lead Investor / Acquirer
Maven Capital Partners
Advising Broker
Undisclosed Firm
Original Source
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