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Labrys Raises €17.5 Million in Funding

Labrys, a London, UK-based company specializing in secure workforce management solutions for globally dispersed teams, has raised €17.5 million in funding.

Ben Murray profile image
by Ben Murray
Labrys Raises €17.5 Million in Funding

Labrys, a London, UK-based company specializing in secure workforce management solutions for globally dispersed teams, has raised €17.5 million in funding. 

Investors 

The was led by Plural, with participation from AlbionVC, Superangel, and existing investors including Project A, MDOne, Expeditions Fund, and Marque Ventures. 

Plural is a European venture capital firm founded in 2022. It invests in early-stage startups in pre-seed to Series B across sectors such as AI, fintech, climate tech, and health tech. 

Labrys Use of Funds 

The company will use the funds to grow its engineering and operations teams, expand AI-driven features, improve deployment models, and enhance its global stablecoin payment infrastructure. 

About Labrys 

Founded in 2020 by August Lersten and Luke Wattam, Labrys is a technology company that develops Axiom, a military-grade workforce management platform that helps organizations verify, support, and pay their globally dispersed teams. The platform integrates HR, encrypted communications, biometric ID checks, geo-tagged tasking, and auditable stablecoin payments to provide trust, security, and efficiency across complex operations.  Labrys has customers across logistics and humanitarian disaster response, including in Ukraine.  

Funding Details 

Company: Labrys Group Holdings Limited 

Raised: €17.5M 

Round: Unknown 

Funding Date: June 2025 

Lead Investor: Plural 

Additional Investors: AlbionVC, Superangel, Project A, MDOne, Expeditions Fund, Marque Ventures 

Company Website: https://www.labrys.tech/  

Software Category: Workforce Management / Secure OpsTech / RegTech 

Source: https://www.eu-startups.com/2025/06/london-based-labrys-raises-e17-5-million-for-its-workforce-management-platform-for-global-humanitarian-teams/ 

Ben Murray profile image
by Ben Murray

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