# Risk Ledger

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/risk-ledger

- Industry: IT Security/Cybersecurity
- Headquarters: London, UK
- Website: www.riskledger.com/
- Total disclosed funding: $43M
- Latest round: Series B (Jul 15, 2026)
- Investors on record: 7

## About

Based in the UK, Risk Ledger Limited is a specialized provider of third-party risk management solutions designed to enhance organizational connectivity and security across supply chains.Risk Ledger Limited, founded in 2018 and headquartered in London, UK, delivers a platform for managing third-party risks. In July 2026, Risk Ledger Limited raised GBP 24 million in series B funding led by Axiom Equity, with participation from Mercia Asset Management. Daniel Saul serves as both the founder and CEO, having established the company to address increasing cybersecurity threats in supply chains. Risk Ledger primarily offers a comprehensive third-party risk management solution designed to onboard and connect organizations with their entire supply chain in a dynamic, interconnected network. The platform provides real-time insights into potential risks and facilitates visualizations of supply chain interdependencies. With over 12,000 users from more than 8,000 organizations, Risk Ledger serves various industries, including public sector, financial services, insurance, technology, and critical national infrastructure. The key functionalities enable users to identify concentration risks, monitor compliance, and receive updates on emerging cybersecurity threats, actively deployed across North America, Europe, and parts of Asia. Risk Ledger's revenue model is subscription-based, allowing clients to access their platform for supplier risk management. Clients typically enter annual subscription agreements that include real-time risk insights, compliance monitoring, and continuous updates on security threats. The company primarily engages in B2B partnerships, with pricing plans tailored to various client segments, including mid-market businesses and large enterprises, thus providing a comprehensive supplier risk management framework. The company will use the July 2026 funding to further enhance its customer network in the UK, develop new supply chain security tools, and support its expansion into the US market.

## Funding rounds

- Series B, Jul 15, 2026, $32M — Mercia Asset Management, Axiom Equity
- Series A, Jul 11, 2023, $8.2M — Mercia Asset Management
- Seed, Jul 2, 2021, $2.9M — Seedcamp, Lifeline Ventures, Episode 1 Ventures, Firstminute Capital, Village Global

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed
- Lifeline Ventures (https://capitalatlas.ai/funds/lifeline-ventures) — Seed
- Episode 1 Ventures (https://capitalatlas.ai/funds/episode-1-ventures) — Seed
- Firstminute Capital (https://capitalatlas.ai/funds/firstminute-capital) — Seed
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed
- Mercia Asset Management (https://capitalatlas.ai/funds/mercia-asset-management) — Series A, Series B
- Axiom Equity (https://capitalatlas.ai/funds/axiom-equity) — Series B