Ex-soldiers’ defence tech firm Labrys raises $20m

London-based Labrys, which offers a secure platform to manage, verify, and pay global teams, has raised $20 million in a Series A round. The funding will be used to scale and enhance its Axiom platform.

Established in 2020 by August Lersten and Luke Wattam, Labrys develops Axiom, a secure workforce management platform designed to help organizations verify, support, and pay their globally dispersed teams. 

Axiom enables clients to save time, reduce costs, and minimize risks when managing large-scale, borderless operations. The platform integrates four key functions:

  1. Verify users through biometric enrollment, device and location authentication, and identity checks to ensure security in low-trust environments.

  2. Visualise teams, tasks, and data on an interactive global map for real-time coordination.

  3. Engage by enabling communication, task assignment, and verified feedback in over 249 languages via auto-translation.

  4. Pay teams instantly and securely using blockchain-based stablecoin payments.

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