Risk Ledger raises £24 million Series B led by Axiom Equity

Mercia Ventures returns as an investor from the Series A, with new capital funding AI tools and a US expansion.

Mercia Ventures returns as an investor, having backed Risk Ledger's earlier Series A round.
Risk Ledger's network already spans over 16,000 organizations in finance, insurance and government.
New funds go toward AI-powered risk tools and an expansion into the United States.

Why it matters: Whoever grades 16,000 organizations' security answers first to Axiom Equity, not to the graded.

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