Labrys Raises €17.5 Million in Funding
Labrys, a London, UK-based company specializing in secure workforce management solutions for globally dispersed teams, has raised €17.5 million in funding.
The was led by Plural, with participation from AlbionVC, Superangel, and existing investors including Project A, MDOne, Expeditions Fund, and Marque Ventures.
Plural is a European venture capital firm founded in 2022. It invests in early-stage startups in pre-seed to Series B across sectors such as AI, fintech, climate tech, and health tech.
The company will use the funds to grow its engineering and operations teams, expand AI-driven features, improve deployment models, and enhance its global stablecoin payment infrastructure.
Founded in 2020 by August Lersten and Luke Wattam, Labrys is a technology company that develops Axiom, a military-grade workforce management platform that helps organizations verify, support, and pay their globally dispersed teams. The platform integrates HR, encrypted communications, biometric ID checks, geo-tagged tasking, and auditable stablecoin payments to provide trust, security, and efficiency across complex operations. Labrys has customers across logistics and humanitarian disaster response, including in Ukraine.
Funding Details
Company: Labrys Group Holdings Limited
Raised: €17.5M
Round: Unknown
Funding Date: June 2025
Lead Investor: Plural
Additional Investors: AlbionVC, Superangel, Project A, MDOne, Expeditions Fund, Marque Ventures
Company Website: https://www.labrys.tech/
Software Category: Workforce Management / Secure OpsTech / RegTech