Leeds-Based Xentra Attracts €3.18M to Grow Cybersecurity Business

The company will use the funding to grow its business by strengthening its leadership team, attracting more customers, and increasing revenue from its existing clients. Xentra provides cybersecurity, safeguarding, and compliance solutions for small and medium-sized businesses (SMEs).

Henry Doyle, CEO of Xentra, said, “This investment gives us the resources to accelerate our growth plans and strengthen every part of the business. We have built Xentra by focusing on what matters most; expert advice, responsive support and solutions that genuinely help our customers manage increasingly complex cyber security, compliance and safeguarding requirements.

“The funding will allow us to invest in our people, our technology and our customer experience, ensuring we continue to deliver the high levels of service now expected as we scale. We are pleased to be partnering with Maven and NPIF II at this stage of our journey and look forward to building on what has already been a very strong few years.”

“Xentra operates in an attractive and growing market with demand for outsourced, subscription-based cyber security driven by increasing cyber risk, regulatory standards and insurance requirements. Henry and the senior team have decades of experience in dealing with cyber vendors to allow them to find the right solutions for customers. The business has quadrupled ARR in the last two years alone across a customer database of over 90 and we are delighted to invest at this time as the business continues to scale,” said Lewis Jones, Investment Manager at Maven

Xentra was founded in 2021 by Marc Fairclough under the name Fairtech Solutions. The company later changed its name to Xentra after an acquisition and business restructuring.

Xentra offers subscription-based cybersecurity and digital protection services. It helps businesses assess, set up, and manage their security systems to protect against cyber threats.