Risk Ledger Secures $32M Series B Funding
Risk Ledger, a British cybersecurity firm, secures £24 million in Series B funding, bringing total capital to £33.8 million, with plans to expand supply chain security network.
Risk Ledger, a British cybersecurity firm specializing in supply chain risk management, has secured £24 million in Series B funding, bringing its total capital raised to £33.8 million. The round was led by Axiom Equity, with additional participation from existing investor Mercia Ventures. The company, established in 2018, has developed a platform designed to mitigate modern supply chain cyber threats by facilitating real-time collaboration between organizations and their suppliers.
The Risk Ledger solution enables enterprises to access supplier risk profiles generated through standardized assessments, which are updated continuously. This approach, the company claims, shifts traditional third-party risk management toward an “Active Supply Chain Security” model, allowing entities to collectively address systemic vulnerabilities.
Over 16,000 organizations across sectors including financial services, critical infrastructure, government, and insurance have joined the network. The newly acquired funds will support the company’s expansion into the U.S. market, enhance data intelligence sharing, and develop AI-driven tools to automate risk evaluations and identify emerging threats.
Axiom Equity’s Jonathan Organ highlighted the firm’s unique value proposition, stating the network’s growing utility and the trust it has earned from high-profile clients. The investment underscores the increasing focus on supply chain security as organizations seek proactive measures to address interconnected digital risks.
Risk Ledger’s platform aims to streamline compliance and reduce exposure by providing actionable insights into supplier vulnerabilities. The company’s growth follows a broader trend of cybersecurity startups securing significant capital to address evolving threat landscapes. Its expansion plans include scaling AI capabilities to improve threat detection and response efficiency.
The funding round comes as enterprises face heightened scrutiny over third-party dependencies, with recent incidents highlighting the need for robust supply chain safeguards. Risk Ledger’s model emphasizes continuous monitoring and collaboration, positioning it as a key player in the evolving cybersecurity ecosystem.
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