GeoComply operates at the center of a new generation of cybersecurity companies, leveraging advanced geolocation data to make better risk-based decisions. Working as a critical piece of the infrastructure for some of the world’s largest tech companies, GeoComply has become a global market-leader for compliance-grade geolocation data, which provides an important piece of the risk industries’ decision-making engine.
“Our mission at GeoComply is to empower the future of Digital Trust, and with Blackstone and Atairos as investors, we are taking a material leap forward to make it a reality,” said Anna Sainsbury, Founder and Chairman of GeoComply. “GeoComply has received countless investment enquiries over the past few years but was in the fortunate position to wait until the right opportunity came along.”
“In Blackstone and Atairos, we found the investors we were looking for, not only with deep insight into Software and Gaming, but also the Financial Services & Broadcasting verticals. We valued their ability to trust and empower founders like David and me to maintain our company values as we execute to our fullest potential. Their integrity and professionalism throughout the process was exceptional and we welcome their expertise and guidance as we grow our business and move into new markets.”
While terms of the transaction were not disclosed, Sainsbury confirmed with BIV today that the minority investment resulted in Vancouver birthing another unicorn.