Skip to content
You can now search across every topic, entity and event.What's new
Risk Ledger
OrganisationGB

Risk Ledger

London company mapping third-party supply-chain risk for large buyers.

Last refreshed: 22 July 2026 · Appears in 1 active topic

Key Question

How did Risk Ledger raise £24m without any state-backed investor?

Timeline for Risk Ledger

#12 15 Jul

Closed a £24m Series B round

UK Startups and Innovation: Risk Ledger raises £24m, no state money
View full timeline →
Follow UK Startups and Innovation →

Background

Risk Ledger closed a £24m Series B funding round on Wednesday 15 July 2026, led by Axiom Equity with Mercia Ventures participating. No sovereign fund or state-backed vehicle featured on the cap table.

The London company builds software that maps third-party and supply-chain risk for large buyers, letting procurement and security teams assess suppliers before signing contracts. It operates in the crowded but growing UK cyber-risk and compliance-technology market.

The round demonstrates that private venture capital continues to back UK risk-technology start-ups without state co-investment, a contrast to funding models elsewhere in the sector that lean on public money to de-risk early rounds.

Common Questions
What does Risk Ledger do?
Risk Ledger is a London company that builds software mapping third-party and supply-chain risk for large buyers.
How much did Risk Ledger raise in its Series B?
£24m, in a round that closed on 15 July 2026.Source: event
Who led Risk Ledger's funding round?
Axiom Equity led the round, with Mercia Ventures also participating.Source: event
Why did Risk Ledger's investors include no state money?
The £24m round was entirely private capital, led by Axiom Equity with Mercia Ventures, with no sovereign or state-backed vehicle on the cap table.Source: event