Ruleguard Receives £3.5M in Funding
- Ruleguard, a London, UK-based provider of a SaaS-powered RegTech platform, raised 3.5m in funding
- Foresight VCTs, Foresight VCT and Foresight Enterprise VCT, made the investment
- The company intends to use the funds to continue to develop additional platform capabilities while also scaling up sales and marketing
- The company provides a specialized platform for regulatory compliance
- Its solution enables customers to navigate the challenges of increasing regulatory compliance requirements while also enabling them to save money on audit compliance costs
- The company employs 34 staff, and serves over 50 clients, with recurring revenues over £2.7M and high double-digit growth year-on-year
