Risk Ledger Secures $32M Series B

Risk Ledger, the UK-based supply chain security firm, announced a $32 million Series B investment, led by Axiom Equity. Repeat investor Mercia Ventures also participated in this B2B SaaS funding round. The capital will fuel expansion into the US and enhance its supply chain security network with AI-driven tools, moving beyond traditional third-party risk management.

Supply chain cyberattacks increasingly threaten profits and operations. Current third-party risk management solutions, designed for simpler environments, assess suppliers in isolation. This approach fails to address the complex, interconnected nature of modern supply chains, where critical vulnerabilities often reside several layers deep.

Risk Ledger's platform offers a network-first approach. Suppliers complete a single, standardized assessment, maintaining it in real-time across the network. This replaces repetitive questionnaires with a dynamic, continuously updated profile visible to all connected organizations.

This foundation enables Active Supply Chain Security, a collaborative model for managing systemic risk. It allows organizations to 'Defend-as-One' rather than in isolation.

Over 16,000 organizations, spanning financial services, insurance, critical national infrastructure, and government, currently utilize the network. Risk Ledger's reputation stems from its data quality, product strength, and the trust of security teams.

The Series B funding for Risk Ledger will accelerate network growth and deepen shared intelligence. It will also finance a new generation of AI tools, leveraging extensive network data to automate manual review and identify nuanced risk signals that point solutions miss. This investment supports the company's expansion into the United States, a market experiencing rapid increases in supply chain breaches and regulatory pressure.

Haydn Brooks, CEO and Co-founder of Risk Ledger, emphasized the shift towards collective defense. "Organizations are stronger when they Defend-as-One, sharing intelligence and reducing risk together," Brooks stated. This investment allows faster execution of that vision, extending collective defense and applying AI to security tasks.

Jonathan Organ, Founding Partner of Axiom Equity, highlighted Risk Ledger's category creation. "The network it has built is hard to replicate and grows more valuable with every organization that joins," Organ noted. Axiom led this round as the final investment from its first fund.

Mercia Ventures' Adam Lovell reiterated their continued conviction in Risk Ledger's approach. "The team, customer base and the quality of the product all speak for themselves," Lovell commented, welcoming Axiom as the lead investor.