Riskonnect, a Kennesaw, Georgia USA-based provider of risk technology, raised $10m in growth capital.
The (minority) investment was made by Level Equity, a New York-based growth equity firm. In conjunction with the transaction, George McCulloch, Founder and Partner at Level Equity, will join Riskonnect’s Board of Directors.
The company intends to use the funds to extend the adoption of its solutions, and grow its global services and delivery teams.
Led by Bob Morrell, CEO and Co-Founder, Riskonnect provides a premier, enterprise-class technology platform to clients who want to improve their risk management programs, safety solutions and programs for management of risks across the enterprise.
With offices in Atlanta, Chicago and London, the company serves risk managers and client users in more than 80 countries worldwide.