Risk Ledger, a London, UK-based cyber security startup has raised £6.25 million in Series A funding, bringing its total raised to £9.8 million.
SaaS Investors
The round was led by Mercia Ventures, who joined Seedcamp, Firstminute Capital, Episode 1, Village Global, and Finnish VC Lifeline Ventures as investors.
Mercia Ventures offers venture capital investment for ambitious businesses. It invests in early-stage and scale-up businesses across the UK. The company is based in London, United Kingdom.
Risk Ledger Use of Funds
The company will use the funds to further develop its product offer as it builds a network of connected organizations to find cyberattacks in real time.
About Risk Ledger
Founded in 2018 by Haydn Brooks and Daniel Saul, Risk Ledger develops a security platform for reducing supply chain risks. It is a security company helping suppliers implement security controls within their organizations and manage them in one central tool. It provides all the tools you need to run a comprehensive, security-led, third-party risk management program against your supply chain.
Funding Details
Company: Risk Ledger Limited
Raised: £6.25M
Round: Series A
Funding Month: November 2023
Lead Investors: Mercia Ventures
Additional Investors: Seedcamp, Firstminute Capital, Episode 1, Village Global, and Finnish VC Lifeline Ventures
Company Website: https://riskledger.com/
Software Category: Risk Management Software
Source: https://techfundingnews.com/risk-ledger-secures-625-million-to-defend-businesses-wherever-a-cyberattack-comes/