Based in Cape Town and London, Libryo platform helps organisations get to know about the law that applies to their business in a simple-to-search and easy-to-read format.
Secured £1.35 million
The UK company has secured £1.35 million funding led by Future Energy Venture. Other existing and news investors including, UK Government’s Future Fund and Nextlaw Ventures, also participated.
How will the funding be used?
With the new funding, the company is focusing on providing EHS law to a range of industries, including energy producers, mining and metals companies, apparel brands & supply chains, FMCG, and waste & recycling. It is also strengthening its partnership with IsoMetrix, Rubicon, and CleanChain.
Global marketplace for legal content
Founded in 2016 by Garth Watson, Malcolm Gray, and Peter Flynn, Libryo aims to build the world’s legal database, creating a global marketplace where users can seamlessly obtain legal content and professional services.
The company’s software solution provides five modules to support businesses with knowing, understanding, and complying with their legal requirements.
Libryo provides multi-jurisdictional organisations with a single platform for accessing their Environmental, Health & Safety (EHS) regulatory requirements. Recently, the company also launched Libryo Assess, a new module that helps organisations gain visibility of their compliance status and risk levels across each of their operating sites.
Operates across 75 countries
To date, over 400 customers and 15,000+ users across more than 75 countries have used Libryo’s legal compliance software. Headquartered in London, Libryo team spans 10 countries across 7 different time zones.
Malcolm Gray, Libryo co-founder, and CFO, said “Our positive customer feedback and strong partner support continue to give us confidence in what we are doing, and the strength to continue to make an impact. Together we will keep on having fun, making money, and doing something good as we help companies navigate an increasingly complex regulatory environment.”
“In a constantly shifting regulatory landscape, Libryo’s unique compliance management software enables users to keep pace with their regulatory and compliance requirements as their companies expand and scale,” said Jan Lozek, Managing Partner and co-founder of Future Energy Ventures. “We are proud to support the company in its next chapter of growth as it empowers compliance professionals to make faster, smarter decisions and focus on the business priorities that drive sustainability.”
“The potential for the Libryo solution to disrupt the legal industry was apparent from the early days of this company,” said Dan Jansen, CEO of Nextlaw Ventures. “We are delighted to continue supporting Libryo’s growth and expansion.”