About LORCA
LORCA, an accelerator and incubator program founded in 2018, is based in London, United Kingdom. With a presence in 11 countries, it has supported around 63 startups in sectors like Enterprise Applications, Enterprise Infrastructure. As of Oct 2026, LORCA has witnessed 13 portfolio exits. Most notable companies in
its portfolio include Risk Ledger, Trust Stamp and Panaseer. The program primarily supports Grant (prize money) startups based in Finland. Its latest investment was a Undisclosed Grant (prize money) round in Aves Netsec on Jun 26, 2018.
Key Metrics
Founded Year
2018
Location
London, United Kingdom
Portfolio Companies
Sectors of Investment
Stages of Investment
Grant (prize money)
Locations of Investment
LORCA's List of Top Investments
LORCA has a portfolio of 63 companies. Their most notable investments include Risk Ledger and Trust Stamp.Their portfolio spans across United Kingdom, United States, Israel and 8 more locations. They have invested in Enterprise Applications, Enterprise Infrastructure, High Tech and 15 other sectors, across stages such as Grant (prize money) stage. Here is the list of top investments by LORCA:1. Risk Ledger
Cloud-based supply chain risk and compliance management software. It offers a third-party assurance solution that enables suppliers to host their security data on the platform and validate it. The platform also provides users with supplier security data and vulnerabilities.
Key facts about Risk Ledger
- Founded Year: 2017
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $44.5M
- Employee Count: 98 as on Aug 31, 2026
- Investors: Amadeus, Episode 1 Ventures and 45 Others
- Latest Funding Round: Series B, Jul 15, 2026, $*****
- Highlight: Editors' Pick

2. Trust Stamp
AI-powered platform focuses on cybersecurity solutions. It provides tools that help users protect digital identities and secure interactions across different systems. Its features support verification, risk reduction, and safer data handling in online environments.
Key facts about Trust Stamp
- Founded Year: 2015
- Location: Atlanta (United States)
- Annual Revenue: $1M - $10M as on Dec 31, 2020
- Stage: Public
- Total Funding till date: $9.58M
- Employee Count: 79 as on Aug 31, 2026
- Investors: Mastercard, Queen City FinTech and 18 Others
- Latest Funding Round: Post IPO, Jul 13, 2024, $*****
- Highlight: Public

3. Panaseer
Provider of continuous controls monitoring software for cybersecurity risk management. This platform aggregates data from security, information technology, and business tools to identify control gaps and asset vulnerabilities. It maps technical metrics to industry frameworks and regulatory requirements to facilitate compliance reporting and audit preparation. The software provides visibility into control performance across various business units and technical domains. It automates the discovery of unknown assets and prioritizes mitigation efforts based on identified risks. The system integrates with existing security infrastructure to support evidence-based decision-making and oversight of security posture.
Key facts about Panaseer
- Founded Year: 2014
- Location: Godalming (United Kingdom)
- Annual Revenue: £10M - £50M as on Jun 30, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $93M
- Employee Count: 84 as on Aug 31, 2026
- Investors: ForgePoint Capital, TempoCap and 31 Others
- Latest Funding Round: Series B, Mar 11, 2024, $*****
- Highlight: Editors' Pick
4. IriusRisk
Provider of automated threat modeling tool for secure software development. The tool offers integrations, content library, and reporting. It helps with building secure software and aligning with regulatory compliance. The tool provides solutions for security teams, developers, and CISOs. It offers resources like blogs, webinars, guides, and training.
Key facts about IriusRisk
- Founded Year: 2014
- Location: Madrid (Spain)
- Stage: Acquired
- Total Funding till date: $37M
- Employee Count: 69 as on Aug 31, 2026
- Investors: 360 Capital Partners, Chamaeleon and 8 Others
- Latest Funding Round: Grant (prize money), Dec 01, 2023, $*****
- Highlight: Acquired

5. Keyless
Developer of biometric authentication platform providing passwordless multi-factor authentication solutions. The platform offers secure device binding, passwordless login, and step-up authentication. It caters to both consumer and workforce authentication needs. Solutions include account recovery, remote access, and shared device authentication. The technology utilizes liveness detection and supports integration via mobile or web software development kits.
Key facts about Keyless
- Founded Year: 2018
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $26M
- Employee Count: 42 as on Aug 31, 2026
- Investors: Experian, Lánzame Capital and 57 Others
- Latest Funding Round: Series A, Jan 22, 2025, $*****
- Highlight: Acquired
LORCA's Year-on-Year Investment Trends
Its most recent first time investment was in Aves Netsec.LORCA's Investments by Stage
LORCA has made 1 investment in Grant (prize money) stage.LORCA's Investments by Sector
LORCA has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure and FinTech. Notably, it has invested in 58 Enterprise (B2B) companies, 56 Tech companies, 52 Software companies and at least 24 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 1 |
Enterprise Infrastructure | 1 |
FinTech | 1 |
Note: We have considered here, only first round of investments
LORCA's Investments by Geography
LORCA has made most investments in Finland (1).LORCA's recent investments
LORCA has not made any investment in 2026 so far.Here are the most recent investments by LORCA:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 26, 2018 | Finland | Grant (prize money) | 9503 | - |
IPOs and Publicly Listed companies in LORCA's Portfolio
1 of LORCA's portfolio company became public - Trust Stamp. It got listed on the OTC Markets (OTCMKTS), in Feb 2021.Here are LORCA's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 24, 2021 | - | - | 7908 |
Acquired companies in LORCA's Portfolio
12 companies from LORCA's portfolio have been acquired. The most recent acquisition was IriusRisk in Jan 2026 by ThreatModeler for $*****.Here are LORCA's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 08, 2026 | - | - | 8980 | |
Jan 07, 2026 | - | - | 9595 | |
Oct 02, 2024 | - | - | 8646 | |
Sep 04, 2024 | - | - | 8655 | |
Sep 26, 2023 | - | - | 4056 |
Co-investors of LORCA
Over the past 8 years, one investor has co-invested in LORCA's portfolio companies. This includes funds and angels.
- Invested before LORCA: CyLon has invested before LORCA.
Recent News related to LORCA
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Ampliphae selected to join LORCA cybersecurity cohortGlobalsecuritymag•Feb 15, 2019•Ampliphae, LORCA
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LORCA unveils 11 cyber innovators tasked with tackling the industry’s biggest challengesNew Electronics•Jan 10, 2019•LORCA