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The Venture Codex

Offset Ventures

27 Old Gloucester Street, London, WC1N 3AX, United Kingdom

Overview

Offset supports Government and Companies across the Allied Defence Industrial Base.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • Labrys Technologies

    Participated · Seed · Dec 2023

    Labrys builds Axiom, an end-to-end, military-grade command and control platform tailored to humanitarian, defence, and logistics users. Axiom combines biometric identity verification, encrypted communications, geo-tagged task tracking, and built-in audit trails, and includes stablecoin-based payments for areas with limited banking. The company was founded in 2023 by Royal Marine veteran August Lersten and former British Army officer Luke Wattam. Labrys targets large NGOs, defence contractors, peacekeeping agencies, and crisis response units that have historically relied on fragmented tools like email and unsecured messaging. The business has raised $25.5M to date, including a $20M Series A, and plans to use the new capital to expand AI-driven features, stablecoin payment functionality, and customer deployments. Planned product enhancements also include deeper identity infrastructure and stronger access controls to reduce fraud, impersonation, and operational risk. Labrys builds Axiom C2 and Axiom Communicator, a platform that combines encrypted messaging, KYC/e-verification, task management, real-time geolocation and digital payments (via crypto stablecoins) for coordinating teams in high-risk and humanitarian environments. The offering is described as a Slack-meets-location-meets-payments solution designed to replace ad-hoc tools like WhatsApp by enabling verified identities, networked coordination trees and integrated payments. The company says its platform has been used in the field, including assisting evacuations in Afghanistan (claiming 5,000 people helped) and supporting Ukrainian State Emergency Services during the Kakhovka Dam breach. Labrys is veteran-owned; co-founders include CEO August Lersten and COO Luke Wattam, who bring military and government field experience. The startup plans to use new funding to expand development and R&D teams and to build out a commercial sales team. There is no revenue or other financial metric disclosed in the article beyond the recent seed financing.

Team

No current team members are available.