● Covered by 1 source · 1 reportMedium impact
Risk Ledger Secures $32 Million in Series B Funding for Supply Chain Security
Key points
- Raised £24 million (~$32M) in Series B funding
- Led by Axiom Equity, with support from Mercia Ventures
- Network includes over 16,000 organizations
- Funding will expand into the US and enhance AI tools
Funding Overview
Risk Ledger has secured £24 million (approx. $32.3 million) in a Series B funding round. This investment brings the total capital raised by the firm to £33.8 million (around $45 million).
The funding round was led by Axiom Equity, complemented by contributions from previous investor Mercia Ventures.
About Risk Ledger
Founded in 2018 and based in London, Risk Ledger has established a network-first platform aimed at addressing modern supply chain cyber risks. The platform connects organizations and their suppliers to facilitate faster, more comprehensive cyber risk assessments.
Active Supply Chain Security
Risk Ledger’s solution allows connected entities to access supplier profiles that are updated in real-time after each standardized assessment. This model promotes collaborative defense, advancing third-party risk management into what the company terms 'Active Supply Chain Security.'
Growth and Future Plans
The recent funding will be utilized to onboard more organizations to its network, enhance the intelligence shared among members, and develop additional AI-powered tools to automate risk reviews.
Moreover, the expansion into the US market is also a key objective, indicating plans for growth beyond its current operational reach.
Industry Perspective
Jonathan Organ from Axiom Equity emphasized that Risk Ledger is innovating a new category within supply chain security, enhancing its value as more organizations join its platform. He noted the company's credibility with serious clients as a factor in their investment decision.
✨ This summary was generated by AI from the outlets' reporting listed below. It is not independently verified and may contain errors — check the original sources. How BrevFeed works →
The daily brief
One email each morning: the day's tech stories, clustered across outlets and summarized. No account needed.
One email a day. Unsubscribe in one click, any time.
Today's brief
Spend a few minutes, get the whole day. Every topic's top stories in one hands-free rundown — listen, watch, or read the transcript.
▶ Play today's brief
New every morning, and the back catalogue is archived by date.
Reporting from
Risk Ledger has raised approximately $32.3 million in a Series B funding round, led by Axiom Equity. This funding will expand its network of organizations tackling supply chain cyber risks and facilitate entry into the US market.