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NPIF – Maven Equity Finance invests £250,000 in RegTech start-up, RiskSmart

NPIF – Maven Equity Finance, managed by Maven Capital Partners (Maven) and part of the Northern Powerhouse Investment Fund (NPIF), has invested £250,000 in RiskSmart.

RiskSmart is currently developing an integrated risk management platform that will make risk management simpler for SMEs by utilising Machine Learning (ML) and Artificial Intelligence (AI) technologies to leverage valuable data. Its platform and solutions simplify, centralise and digitalise risk management to increase confidence and business resilience.

Funding from NPIF – Maven Equity Finance will support the business as it aims to bring its innovative solution to market, with its minimal viable product set for a ‘soft-launch’ this summer.

Maven’s investment in the early-stage start-up comes as part of a wider £1.05 million investment in the business.
 

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