Tech Company Financing Transactions
Labrys Technologies Funding Round
Labrys Technologies closed a $5.5 million Series B financing round on 12/22/2023. Backers included Project A Ventures, Expeditions Fund and Marque Ventures.
Transaction Overview
Company Name
Announced On
12/22/2023
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Series B
Investors
Proceeds Purpose
The funds will be used to expand the development and R&D teams, as well as build out the commercial sales team.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
The Brentano Suite Catalyst House 720 Centennial Court Cente
Elstree, England, WD5 3SY
UK
Elstree, England, WD5 3SY
UK
Phone
Undisclosed
Website
Email Address
Overview
Labrys is a member of the UK Financial Conduct Authority (FCA) Innovation Pathways programme. The FCA Innovation Pathways programme helps firms with new business models to launch innovative products and services by understanding how financial regulation relates to their activities. Our technology solution enables small and large organisations to manage globally dispersed teams - safely, securely, and efficiently - across the world's most challenging environments. Verify, track, engage, task and pay your people at scale via a single platform, purpose built for high stakes deployment at speed.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
August Lersten
Chief Operating Officer
Luke Wattam
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We report on every notable VC transaction. VC transactions on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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