# Arachnys Information Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arachnys-information-services

- Industry: Software
- Headquarters: London, UK
- Website: www.arachnys.com
- Total disclosed funding: $10M
- Latest round: Series A (Jul 17, 2018)
- Investors on record: 4

## About

Arachnys Information Services Ltd., based in the UK, specializes in providing advanced compliance solutions to assist businesses in managing financial crime risks effectively.Founded in 2010, Arachnys Information Services Ltd. is a London-based firm that provides technology-driven solutions for compliance and financial crime prevention. In March 2021, Arachnys was acquired by AML RightSource from multiple investors, including Martlet Capital and QED Investors. Following the acquisition, David Buxton, the CEO and Founder of Arachnys, continues to lead the company and will also serve as Chief Product Officer for AML RightSource. The firm has completed a total of 3 deals, with its most recent funding round being a Series A, through which it raised GBP 7.770 mn, bringing the total amount raised to GBP 7.770 mn and its current valuation to GBP 27.970 mn.Arachnys Information Services Ltd. specializes in offering compliance solutions that are designed to combat financial crime. Their key products focus on managed services and technology solutions tailored to meet the needs of financial institutions, such as banks and credit unions. By integrating advanced technology with expert advisory services, Arachnys effectively addresses challenges related to anti-money laundering (AML) compliance and regulatory requirements across various regions including North America, Europe, and Asia-Pacific.Arachnys generates revenue primarily through managed service contracts, technology licensing agreements, and advisory fees. Their business model includes subscription-based services, where clients pay for ongoing access to compliance solutions. Additionally, the firm provides project-based advisory services, with revenue being driven by long-term contracts and sustained client relationships in the financial crime compliance sector.Following its acquisition, Arachnys plans to enhance its product offerings and expand its geographic reach. The firm aims to leverage the resources of AML RightSource to develop new compliance solutions, although specific upcoming products and release dates have not been disclosed. The acquisition is expected to strengthen Arachnys' position in the market by enhancing its technological capabilities, enabling it to target new markets for expansion while utilizing its recent funding from the Series A round to support these initiatives.

## Funding rounds

- Series A, Jul 17, 2018, $10M — QED Investors
- Series A, Nov 17, 2011 — Cambridge Capital Group, Cambridge Angels Group, Martlet Capital

## Investors

- Cambridge Capital Group — Series A
- Cambridge Angels Group — Series A
- Martlet Capital (https://capitalatlas.ai/funds/martlet-capital) — Series A
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Series A