Fundraise

Synalogik raises £13M Series A extension for its Scout intelligence platform

What's the deal? UK startup SynalogikDealroom has a profile for this one. Try Dealroom → has completed a £12.5 million extension to its Series A round, backed by the Mark Blandford family offices, William Currie GroupDealroom has a profile for this one. Try Dealroom →, and former TescoDealroom has a profile for this one. Try Dealroom → boss Sir Terry LeahyDealroom has a profile for this one. Try Dealroom →. The Hereford-based company develops Scout, a platform that combines data, AI, and workflow to help investigators, compliance, and risk professionals connect and analyse information.

What's the endgame? The funding will enhance Scout and accelerate commercial expansion, with a focus on growing sales across target markets. Founded in 2018, Synalogik has spent the past 18 months shifting from a professional services business to a SaaS-focused model.

What does Scout do? Rooted in law enforcement, the platform brings together internal, external, and open-source information in a single secure environment to identify hidden relationships and risks and automate investigations. The company is expanding into financial crime, fraud, compliance, iGaming, insurance, fintech, and government.

Who's joining? Synalogik has appointed Peter Irvine as chief business officer to drive its growth strategy. Irvine brings over 30 years in global financial services, most recently at Acin, a SaaS operational risk platform acquired last year by CubeDealroom has a profile for this one. Try Dealroom →. His remit is scaling the business and building sales capability.

Why now? Scout has gained traction in the gaming and insurance sectors, and Synalogik says it has become the UK's Tier 1 law enforcement data integration platform of choice. "Our goal now is to establish Synalogik as the Intelligence Operating Platform for investigators, compliance, and risk professionals," said chief executive officer Gareth Mussell.

What's next? The company plans an institutional-led Series A round in 2027, contingent on projected growth in annual recurring revenue and additional multi-year, multi-million-pound government contracts.

The signal: The extension — a step-up from its previous round — shows continued backing from existing investors while adding new names. It reflects sustained demand for tools that turn fragmented data into usable intelligence across regulated industries.

Read more: businessmole.com

Image credit: Generated with Gemini

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