Labrys funding News – UK-Based Labrys Raises $20M In Series A Round

The funding round was led by Plural, with support from AlbionVC, Superangel, and returning investors like Project A, MDOne, Expeditions Fund, and Marque Ventures.

With this latest investment, Labrys has raised a total of $25.5 million. The funds will help the company build AI-powered features, stablecoin payment systems, and support customers working in high-risk and unstable environments.

“Being unable to verify if a person can be trusted, if a task has been completed or work out how to pay them has been preventing successful humanitarian, aid and military missions for too long,” said August Lersten, co-founder and CEO of Labrys. “We created Labrys to solve these tough workforce and team coordination problems in logistics, risk and humanitarian crisis response.”

Their main product, Axiom, is an all-in-one, military-grade platform designed for humanitarian, defense, and logistics operations. It includes biometric ID checks, encrypted communication, geo-tagged task tracking, and audit trails. A key feature is stablecoin-based payments, which help pay workers even in places with no reliable banking system.

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Labrys is targeting users like NGOs, defense contractors, peacekeeping groups, and crisis response teams—many of whom still rely on disorganized tools like emails, spreadsheets, or even WhatsApp to coordinate staff.

As global instability increases and humanitarian budgets tighten, there's growing pressure to improve accountability and streamline operations—making Labrys’ solution more relevant than ever.

“We’ve built a talented team to tackle the hardest technical problems in this space. We’re delighted to be backed by investors who understand this mission and want to build the future of trusted infrastructure right alongside us,” Lersten said.

“A lot of defence and resilience innovation focuses on hardware assets. Yet, there’s been a gap around secure, reliable systems for human coordination when it matters most – until now,” said Sten Tamkivi, partner at Plural. “August and Luke’s experience on the literal front lines means they know exactly the challenges experienced on the ground and are building Labrys to solve these challenges once and for all.”

The new funding will help Labrys grow its AI tools, improve stablecoin payment features, and strengthen identity checks and access controls. These upgrades are especially important in high-risk areas, where fraud, impersonation, or poor management can seriously disrupt operations.

About Labrys

Founded in 2023 by Royal Marine veteran August Lersten and former British Army officer Luke Wattam, Labrys is solving a key challenge: how to manage, track, and pay teams working in high-risk or low-infrastructure environments.