• Panaseer

  Participated · Equity · Jun 2017

  Panaseer offers a Continuous Controls Monitoring (CCM) platform that correlates large volumes of data from disparate security tools to validate protections, identify failed controls, and surface exposures such as zero-day or vendor-specific vulnerabilities. The company positions CCM as a way to continuously measure and notify organizations of control failures so they can be remediated before becoming incidents. CEO Jonathan Gill says the funding will be used to scale the organization, expand implementation teams, and evolve the product to support more use cases. Panaseer targets regulated organizations or complex enterprises with assets worth protecting, a market the company describes as tens of thousands of organizations. Leadership and customers believe only a very small number of companies can currently solve this data-science–heavy problem, and Panaseer aims to broaden access. Financially, the company has raised $43 million to date following the latest round. Panaseer provides a platform that uses proprietary algorithms to perform entity resolution and create an accurate view of an organisation's assets, such as devices, applications and people. It continuously measures the security of those assets by automatically analysing data from the myriad of security technologies deployed, giving stakeholders a live view of risk through a common framework such as the NIST. The platform delivers analysis for a range of security use cases, including smart device inventory, vulnerability management, patch management, endpoint protection and privileged access management. Panaseer was founded in 2014 by CEO Nik Whitfield and is based on South Bank, London. It has 33 employees across two offices in London and New York. The company secured $10M in a Series A round in June 2018. Panaseer, founded in 2014 by CEO Nik Whitfield, is a London, UK-based cybersecurity data analytics company. It provides a big data analytics software platform designed to automate identification, measurement, communication and mitigation of cyber risk. The Panaseer Security Data Lake gives data-driven CISOs continuous visibility and automated reporting capability to optimize cyber hygiene and rapidly answer cyber risk questions from executives and regulators. Clients include the world’s largest financial institutions and critical infrastructure enterprises. Earlier this year the company opened its first international office in New York. Panaseer raised $3.25m in its latest round and intends to use the capital to expand into US and European markets; total funding to date is $5.6m. Panaseer provides a platform that ingests and analyzes data from disparate cybersecurity solutions and presents a visual interface for drilling into that information. The product is designed to help executives and boards understand security posture and prioritize budget and policy changes. Founded in 2014 by Nik Whitfield, the company serves major UK financial services customers and critical infrastructure enterprises. Panaseer secured $2.25M in seed funding and will use the proceeds to expand adoption of its solution. As part of its growth plans, the company is expanding to New York City.

• MPP Global

  Participated · Series B · May 2017

  MPP Global provides an eCommerce digital monetization platform, eSuite, for clients in the media, video, sport and retail sectors. eSuite integrates identity management, customer relationship management and automated subscription billing to convert and retain paid users and drive revenue from digital and physical products. The company counts major global media companies among its clients, including Sky, News UK, Daily Mail Group, L’Equipe and McClatchy. In April 2017 MPP Global completed a £12m ($15M) Series B financing. The company intends to use the funds to expand into new geographic markets and further evolve its eSuite platform. In preparation for the next phase of development, former Mimecast COO Keith Wallington joined MPP Global as Chairman. The business is led by CEO and co-founder Paul Johnson.

• Quantexa

  Led · Equity · Mar 2017

  Quantexa offers an enterprise platform that leverages AI and analytics to combat money laundering and fraud and to connect and curate structured and unstructured data across silos for AI workloads. The company is increasingly positioning its tooling for data curation to power generative and other AI services, building partnerships with Microsoft (for Microsoft Fabric and an AML solution for U.S. mid-market banks via the Azure Marketplace) and Databricks. It reported license revenue growth of 40% in the last year, has “thousands of users,” roughly 800 employees, and operates 16 offices globally. The startup has raised just under $550 million to date, and its Series F values it at $2.6 billion post-money. Management plans to expand its public-sector business unit while growing its AML and fraud-identification business alongside broader AI projects. The company is a nine-year-old London startup. Quantexa builds AI-driven risk and compliance software for banks, governments and large enterprises, offering tools to verify identities, detect money laundering, support financial investigations, and create customer/business graphs for BI and CRM. Its solutions combine machine learning, natural language processing and graph analytics and are deployed alongside customers' existing systems via APIs. Quantexa serves hundreds of customers across some 70 countries, including BNY Mellon, HSBC, Standard Chartered, Danske Bank, Vodafone and the U.K. Public Sector Fraud Authority. The company says it has doubled its business in the last 18 months — doubling users, revenues and the industries it targets — and is growing ARR at 140% (up from 108% subscription revenue growth at Series D). Quantexa is not yet profitable but reports it has between two and three years of runway from prior funding and operating cash generation, and management projects $100M in revenue next year with profitability targeted by 2025. The company plans to use new funding to invest in product development and pursue acquisitions (it recently acquired Irish NLP specialist Aylien) to accelerate inorganic growth. Quantexa builds AI and machine-learning “Contextual Decision Intelligence” software that links internal and external data to detect money laundering, fraud and other illicit activity. The company sells software (not data) that creates single views of individuals and entities and visualizes relationships via graph network analytics. Its platform has processed up to 60 billion records in a single engagement and is used for KYC, AML, fraud detection and broader investigative use cases. Financial services still represent about 60% of revenue, with seven of the top 10 U.K. and Australian banks and six of the top 14 North American financial institutions as customers. Quantexa has partnerships with firms such as Accenture, Deloitte, Microsoft and Google, and counts “thousands” of customers across 70 markets. The company has expanded into government, healthcare, telco and insurance, applying its tools to areas including tax compliance and human-trafficking investigations; management has signaled a long-term plan to grow independently toward an IPO. Quantexa's core product is a machine-learning platform branded Contextual Decision Intelligence (CDI) that connects disparate data points to surface nefarious activity and build richer customer profiles. The company sells software deployed on premises or in private clouds and complements customer data with publicly available sources rather than ingesting proprietary data. Quantexa has built traction with major financial services customers, including Standard Chartered, OFX and Dunn & Bradstreet, and reports thousands of users across 70+ countries. It plans to continue enhancing tools for financial services while expanding into insurance and government/public sector use cases. Geographical expansion is a priority, with plans for North America, Asia-Pacific and additional European territories. The company has been positioned as a lower total cost-of-ownership platform with real-time and batch entity-resolution capabilities. Quantexa provides AI-powered entity resolution and network analytics that knit together large, disparate datasets to reveal hidden customer connections and behaviors. Its platform is used across use cases including anti-money laundering, customer insight, credit risk and broader financial crime detection. The company emphasizes real-time entity resolution combined with big data and AI to generate contextual investigations and actionable intelligence. Quantexa plans to accelerate development of its dynamic network analytics models and expand AI-enabled solutions through a strategic collaboration announced with Accenture. The partnership will leverage Accenture Applied Intelligence and Accenture’s Financial Crime Analytics Utility to help train and continuously refine Quantexa’s models. Quantexa is headquartered in London and also has offices in New York, Brussels and Sydney. The article does not disclose revenue or other operating metrics.

• SBD

  Led · Equity · Nov 2016

  SBD is an automotive technology specialist led by CEO David Bell that provides independent research, evaluation and strategic services to car manufacturers. The company focuses on vehicle connectivity, autonomous car technologies and automotive cybersecurity. It is based in Milton Keynes, UK, and also has offices in North America, Japan and India. SBD serves clients including FCA Group, Ford, Jaguar Land Rover, Mitsubishi Motors, Nissan, Toyota and Volkswagen. The company received a £1.5m equity investment and intends to use the funds to further scale operations globally, add to its team of specialists, and develop new ways of supporting the automotive industry.

• Convertr

  Led · Equity · Nov 2016

  Convertr is a London-based enterprise technology platform that helps advertisers enhance digital marketing through real-time efficiencies in customer acquisition and data partnerships. Launched in 2011 by entrepreneurs Emma Bowkett (CEO) and Clive Brett, the company serves media agencies, advertisers and publishers. Its client roster includes Mediacom, Maxus, iProspect, Fiat Chrysler Automobiles, Dropbox, Incisive Media and Dennis Publishing. Convertr raised £3m in equity funding from Albion Ventures. The company intends to use the funds to pursue global expansion. No operating metrics were disclosed in the article.

No current team members are available.