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Risk Ledger Raises $32 Million to Expand Supply Chain Security Network

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Summary

UK supply chain security firm Risk Ledger raised £24 million in a Series B led by Axiom Equity. It plans to expand its network, develop AI tools for risk reviews and enter the US market.

Key points

  • Risk Ledger raised £24 million (about $32.3 million) in a Series B led by Axiom Equity, with participation from existing investor Mercia Ventures.
  • The funding brings the company’s total raised to £33.8 million.
  • Risk Ledger says its platform connects organizations and suppliers through standardized, real-time supplier assessments.
  • The company says more than 16,000 organizations have joined its network.
  • Risk Ledger plans to grow the network, develop AI tools to automate reviews and surface risk signals, and expand into the US.

Article Details

Event Type
Series B funding announcement
Impact
Risk Ledger raised £24 million to expand its supply chain security network, develop AI tools to automate reviews and surface risk signals, and expand into the US. The company said its network includes over 16,000 organizations.

People

Jonathan OrganAxiom Equity founding partner who commented on the investment in Risk Ledger.

Vendors

Risk LedgerBritish supply chain security firm Risk Ledger has announced raising £24 million (roughly $32.3 million) in a Series B funding round that brings the total raised by the company to £33.8 million (roughly $45 million).

Industries

Critical infrastructureAccording to the company, over 16,000 organizations across financial services, critical national infrastructure, government, and insurance have joined the network.Financial ServicesAccording to the company, over 16,000 organizations across financial services, critical national infrastructure, government, and insurance have joined the network.GovernmentAccording to the company, over 16,000 organizations across financial services, critical national infrastructure, government, and insurance have joined the network.InsuranceAccording to the company, over 16,000 organizations across financial services, critical national infrastructure, government, and insurance have joined the network.