Risk Ledger Raises New Funding To Target US Cyber Security Market
Risk Ledger Raises New Funding To Target US Cyber Security Market
Publish Date: 2026-07-15 06:00:00
Source Domain: www.forbes.com
Supply chain cyber risk is a growing threat to organizations worldwide
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When Tata Electronics suffered a devastating cyber attack last month, it wasn’t only the Indian company that was exposed. The attackers also claimed to have obtained the trade secrets of several Tata customers – including both Tesla and Apple. The incident is yet another warning for businesses that their supply chains represent a significant potential cyber security vulnerability.
London-based scale-up Risk Ledger has been sounding that alert since its launch seven years ago – and has built an increasingly successful business trying to help customers mitigate supply chain risk. Today, the company is announcing a £24 million Series B funding round as it makes an aggressive push into the US market.
“The premise of our business is that we want to help organizations understand the risks within their supplier ecosystems, and then collaborate in a way that enables them to defend against negative cyber impacts,” explains Haydn Brooks, the CEO and co-founder of Risk Ledger. “It’s all about helping organizations analyze the security of every other organization they interface with – from the cleaner who has access to their offices to the cloud computing company hosting their platforms.”
I first interviewed Brooks – an alumni of Forbes’ 30 Under 30 report – in 2023, as the company unveiled a £6.25 million Series A round. Three years later, the company has quadrupled its revenues, tripled its headcount and opened its first offices in the US. In the UK, its home market, significant customers include a number of government agencies and departments, as well as businesses in industries such as critical infrastructure and financial services.
Risk Ledger’s approach is to build comprehensive maps of organizations’ supply chain networks. Each time it acquires a new customer, it asks all its current and prospective suppliers to join the company’s platform, and to share a real-time…
