UK RegTech CoComply raises £1.9M from Mercia and Haatch to expose hidden contractors — TFN
Summary
CoComply raised £1.9 million from Mercia and Haatch to expand its compliance platform. The startup helps companies identify hidden contractors in supplier agreements and classify them correctly under IR35, Right to Work, and modern slavery rules. It says revenue grew 240% in 2025 and customer numbers grew 300% year over year. The new funding will support product development and sales, marketing, and delivery in the UK and abroad. The company aims to integrate with procurement, HR, and finance systems as it scales.
Funding
Amount
$2.4M
Total raised
Date
October 19, 2026
Announcement date
Investors
Haatch Desks, S&P Global
Lead investors
Company
cocomply.co.uk
Funded company
AskAI Classifications
Sectors
No sectors detected
Functions
Governance, risk and compliance
Human Resources
Procurement and Purchasing
Linked Companies
CoComply Ltd
$1M to $5M