3 years ago

Ruleguard Secures £3.5 Million Funding to Scale RegTech Platform

  • Ruleguard, a London-based provider of a SaaS-powered RegTech platform, has raised £3.5 million in funding from Foresight VCTs, Foresight VCT and Foresight Enterprise VCT

  • The company intends to use the funds to continue developing additional platform capabilities while also scaling up sales and marketing

  • Ruleguard provides a specialized platform for regulatory compliance, serving over 50 clients, including leading asset managers, wealth managers, brokers, insurance firms and banks

  • The company employs 34 staff and has recurring revenues over £2.7M with high double-digit growth year-on-year.

      • ProblemFinancial Services

      "Ruleguard aims to simplify and reduce the cost of regulatory compliance for asset managers, wealth managers, brokers, insurance firms, and banks."

      Solution

      "The company provides a specialized SaaS platform that helps clients navigate complex regulatory compliance requirements and reduce audit compliance costs."

      Covered on