Fundz

London-Based Labrys Technologies Secures $5.5M To Help Connect With Rescue Teams Faster

PRIVATEDec 28, 2023

Amount Raised

$5.5 Million

Round Type

Funding Round

LondonSoftware

Investors

Expedition FundMarque VenturesOffset VenturesMd OneProject A Ventures

Description

European countries are making hefty increases to defence budgets. Earlier this year, France announced it would be doubling its defence budget by 2030 compared with 2017, while Germany has also committed to meeting its benchmark of 2% of GDP. Within months of this announcement, a defence AI company Helsing raised €209 million funding. Now, London-based defence tech startup Labrys Technologies has snapped $5.5 million in seed funding

Quick answer

Labrys raised $5.5 Million in a Funding Round round, dated December 28, 2023. Investors: Expedition Fund, Marque Ventures, Offset Ventures, Md One and Project A Ventures. Labrys is based in London, England, United Kingdom.

How much did Labrys raise?
Labrys raised $5.5 Million in a Funding Round round on December 28, 2023.
Who invested in Labrys?
Expedition Fund, Marque Ventures, Offset Ventures, Md One and Project A Ventures are named as investors in this round.
What does Labrys do?
Labrys is a technology company building Axiom, a secure workforce management platform that helps organizations verify, support, and pay their globally dispersed teams.
Where is Labrys based and how big is it?
Labrys is based in London, England, United Kingdom. Fundz records about 32 employees.
Who are the decision-makers at Labrys?
Fundz holds 1 contact at Labrys. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as Labrys that raised within 45 days of this round, from Fundz verified event records.

  • Pok Pok raised an undisclosed amount (Seed) on February 11, 2024.
  • BaM Body and Mind Dispensary NJ raised $179K (Seed) on February 9, 2024.
  • Xensam raised $40M (Funding Round) on February 9, 2024.
  • BLOCKY raised $110K (Seed) on February 9, 2024.
  • Connectbase raised $4.5M (Series C) on February 9, 2024.
  • BrightPlan Group raised $22M on February 9, 2024.

Who to call at Labrys, and when

A new round usually means Labrys is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Labrys raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Labrys, from your own LinkedIn network

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Company Information

Company

Labrys

Location

London, England, United Kingdom

About

Labrys is a technology company building Axiom, a secure workforce management platform that helps organizations verify, support, and pay their globally dispersed teams. This enables our clients to save time, reduce costs, and minimize risk when managing operations at scale.

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Fundz sees it the moment Labrys raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Labrys raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.