RiskSmart, a Manchester, England-based integrated risk management platform, announced that it launched to the UK market, having secured over £1 million in investment from NPIF Maven Equity Finance and other institutional investors.
The startup's goal is to simplify risk for small to medium-sized firms that have been ignored by the industry's complicated and expensive platforms, frameworks, and manual processes.
RiskSmart has ambitious plans for significant growth by the end of 2024 and to secure Gartner recognition within the same time frame.
Company: Risk Smart Limited
Funding Month: Aug 2022
Lead Investors: NPIF Maven Equity Finance
Company Website: https://www.risksmart.com/
Software Category: Risk management software
About the Company: Founded earlier this year by Ryan Swann and Michael Aldred, RiskSmart is a regtech company that has built a risk management platform for small to medium-sized businesses. Risk management software is used by businesses to find, evaluate and record risks within their organization. Utilizing data and AI technology, RiskSmart offers tech-led, automated, and centralized risk management that increases confidence and business resilience. RiskSmart displays a company’s quantifiable risk data and says it uses automation to remove manual processes. RiskSmart’s mission is to help businesses succeed through simple, smart, and state-of-the-art risk management.