London-based fintech company Kaizen secured a £42 million investment in its first-ever external fund raise. Boston-based equity firm Guidepost Growth Equity led the funding round.
“Guidepost has a great track record in helping firms reach their full potential and their investment and partnership will enable us to build and enhance our existing technology, deliver new compliance solutions and drive our expansion into North America,” said Dario Crispini, Kaizen founder and CEO.
Founded in 2013, Kaizen Reporting develops quality assurance tools that help companies ensure they meet regulatory reporting standards and requirements. Its ReportShield platform helps verify data on different reports before submitting them to various financial regulators, like the Securities and Exchange Commission, or SEC. The company’s Shareholding Disclosures platform helps companies avoid regulatory sanctions by automating disclosures through a single platform.
The fresh capital will help the company as it develops its products, invests in go-to-market initiatives and expands into North American markets.