British data intelligence startup Ripjar raises €31 million Series B to fight criminal threats

Funding Rounds

Summary

Ripjar, a leading UK-based data intelligence company, today announces that it has raised around €31 million in Series B funding from Long Ridge Equity Partners. Ripjar will also expand its sales and marketing presence in Asia, North America, and Europe, and grow its employee base to support current and future clients. Ripjar’s technology helps leading institutions and government agencies address criminal threats, including money laundering, fraud and terrorism. The pandemic has further accelerated the need for cutting-edge technology solutions to tackle systemic vulnerabilities that have become more evident as businesses and public sector organisations shift to remote digital working. “This investment signals enormous confidence in our world-leading data intelligence technology and ability to protect companies and governments from criminal behaviour which threatens their assets and prosperity.

$ Funding

$
Amount $36.8M Total raised
Date September 24, 2020 Announcement date
Investors - Lead investors
Company http://www.ripjar.com Funded company

Classifications

industries
No industries detected
applications
Web and Content Management

AskAI Classifications

Labels
Financial AML Software Risk Management Software Cyber Security Software

Linked Companies

Ripjar
$10M to $25M