Plural and Superangel participate in Labrys' $20M Series A round
Labrys has announced its $20M Series A round, led by Plural with participation from Superangel and AlbionVC, alongside its existing investors, Project A, Expeditions Fund, and MD One Ventures. The investment will be used to accelerate the development of Axiom, a platform that helps organizations verify, manage, and pay their global workforce and globally dispersed teams.
The founding team has roots in British Defence, Cyber, and National Security and is now working alongside world-class engineers to build the tools they wish they had.
Just a few years after its founding, Labrys emerged as a new UK challenger software provider in 2024, and Axiom has also been used to solve complex workforce and team coordination problems in fields such as logistics, risk, and humanitarian crisis response.
The team is tackling some of the most challenging technical problems in this space, including Command & Control AI-augmented planning, the design of real-time strategy gaming interfaces, compliant global digital payments, and resilient communications. The technology has already been battle-tested in situations where failure is not an option.
For more information, visit: https://www.thetimes.com/business-money/entrepreneurs/article/former-soldiers-defence-tech-platform-labrys-raises-20m-times-enterprise-network-99hzhvbvz
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