Regtick, a Belfast-based tech company that has developed real-time governance, risk, and compliance SaaS platform for the financial services, health, and insurance sectors, secured £1 million in a seed funding round which will support plans to create 30 new jobs.

The investment has been made by Newry businessman Tom O’Gorman, who has extensive corporate leadership expertise and will be used to build on the platform's features, including its real-time Risk Management and Analytics functionality, and to facilitate research and development as Regtick builds its international customer base.

Company: RegTick Ltd.

Raised: £1.0M

Round: Seed Round

Funding Month: March 2022

Lead Investors: Tom O’Gorman

Additional Investors: 

Company Website: https://www.regtick.com/

Software Category: real-time governance, risk, and compliance SaaS platform

About the Company: Co-founded by Gerry Murtagh and Gary Lyons, both from Northern Ireland, Regtick creates a simple, clear path for organizations to comply with complex regulations, reducing costs as well as increasing confidence and transparency that regulations have been met. T+he platform enables people to work collaboratively on complex tasks, allowing team members across the globe, inside or outside the office, to share best practices and to reduce work effort. RegTick is a visually intuitive platform that simplifies the management of complex regulations. RegTick's mission is to make compliance simple.

Source: https://www.regtick.com/post/regtick-secures-1m-in-seed-funding-and-announces-plans-for-30-new-jobs