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§ Private Profile · Adam House, 7-10 Adam Street, London, WC2N 6AA, United Kingdom
Risk Ledger is a technology company.
Risk Ledger offers a collaborative platform for third-party risk management, enhancing supply chain security and streamlining supplier due diligence. The platform connects an organization's entire supply chain into an active network, allowing users to simplify, visualize, and mitigate security risks. It provides comprehensive tools for cyber security-led programs, transforming external vendor threat oversight.
Founded in 2018 by Daniel Saul and Haydn Brooks, Risk Ledger emerged from their insight into the critical need to evolve how organizations manage cybersecurity within complex supply chains. Haydn Brooks, specializing in cyber risk and supply chain security, co-led the development of a solution addressing systemic vulnerabilities in vendor assessment processes.
Organizations with extensive supply chains utilize Risk Ledger's platform to ensure robust security and compliance across their vendor ecosystems. The company's vision centers on transforming the supply chain risk landscape by empowering enterprises with a unified network for continuous monitoring and collaborative reduction. Risk Ledger aims to establish a new standard for proactive third-party cyber threat management.
Risk Ledger has raised $11.0M across 2 funding rounds.
Risk Ledger has raised $11.0M in total across 2 funding rounds.
Risk Ledger is a London-based cybersecurity startup founded in 2018 that builds a third-party risk management (TPRM) platform modeled as a secure social network.[1][2][3][4] The platform centralizes supplier security profiles, automates risk scoring, visualizes supply chain risks in real-time, and connects organizations into a collaborative network for threat detection, response, and prevention.[1][2][3] It serves sectors like public sector, critical national infrastructure, financial services, insurance, and technology, solving the problem of fragmented supplier due diligence by enabling instant access to thousands of pre-assessed suppliers, reducing manual verification, and providing adaptive insights into emerging threats and concentration risks.[1][3]
With strong growth momentum, Risk Ledger has raised $10.6M in total funding, including a £6.25M ($7.7M) Series A in 2023 led by Mercia Ventures, alongside Seedcamp, Firstminute Capital, Episode 1, Village Global, and Lifeline Ventures—bringing cumulative funding to £9.8M.[4] The company employs around 34 people, generates under $5M in revenue, and was named one of the "most loved companies" in 2024 for its workplace culture, signaling robust team expansion and market traction.[4][5]
Risk Ledger was founded in 2018 by Haydn Brooks and Daniel Saul in London, UK, with a mission to transform how organizations manage cybersecurity and risk in supply chains.[1][2] The idea emerged from recognizing the limitations of traditional, siloed TPRM approaches, leading to the creation of a global network where connected organizations could "defend-as-one" against cyber threats in real-time.[2][3] Early traction came from building a dynamic platform that offered unmatched visibility into supplier security, which gained recognition as an innovative, game-changing model and attracted initial investors like Seedcamp.[2][4] Pivotal moments include the 2023 Series A funding round, which accelerated platform development and team growth in London.[4]
Risk Ledger rides the surging demand for supply chain cybersecurity amid rising third-party breaches, ransomware, and regulations like DORA in Europe and CISA directives in the US, where 60%+ of attacks now exploit vendor weaknesses.[1][3] Timing is ideal post high-profile incidents like SolarWinds and MOVEit, amplifying market forces favoring automated, network-driven TPRM over legacy spreadsheets or point solutions.[2][3] By fostering a "defend-as-one" ecosystem, it influences the tech landscape through enhanced collective resilience, similar to how platforms like Sayari or RepRisk tackle adjacent risks, but with a unique real-time supplier collaboration edge that could standardize secure supply chains in critical sectors.[1]
Risk Ledger is poised for accelerated expansion with its recent funding fueling platform enhancements, global network growth, and hires to capture the booming TPRM market projected to exceed $20B by 2030.[4] Trends like AI-driven threat prediction, zero-trust supply chains, and mandatory ESG/cyber disclosures will shape its trajectory, potentially positioning it as a category leader if it scales its supplier network aggressively.[3][5] Its influence may evolve from innovative startup to ecosystem orchestrator, empowering organizations to preempt cascading risks—echoing its founding vision of revolutionizing supply chain security through connected defense.[2]
Risk Ledger has raised $11.0M across 2 funding rounds. Most recently, it raised $8.0M Series A in November 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2023 | $8M Series A | Mercia Ventures | Balderton Capital, Heartcore Capital, Lifeline Ventures, Nikolaj Nyholm, Firstminute Capital, Seedcamp, Village Global | Announced |
| Oct 1, 2021 | $3M Seed | Lifeline Ventures | Balderton Capital, Heartcore Capital, Nikolaj Nyholm, Firstminute Capital, Seedcamp, Village Global | Announced |
Risk Ledger has raised $11.0M in total across 2 funding rounds.
Risk Ledger's investors include Mercia Ventures, Balderton Capital, Heartcore Capital, Lifeline Ventures, Nikolaj Nyholm, Firstminute Capital, Seedcamp, Village Global.