With high-profile corporate data breaches becoming more and more common, as well as illicit monetisation of personal data, consumers are increasingly concerned how their personal information is being captured, shared, stored and deleted.

The strengthening of global data privacy regulations, such as GDPR and the CCPA in the US, reflects this shift.

After extensive reviews of the vendor landscape, ActiveNav stood out as a clear leader with strong product innovation, an experienced management team and an impressive list of customers.

We led a £8mn funding round following a period of strong growth, with ActiveNav adding some of the world’s best-known brands such as BAE Systems, the United States Army and Voya Financial to its customer portfolio.

We led a £2m follow-on Series A+ round in January 2022.

Investment rationale

ActiveNav is accelerating the development of its new privacy-oriented SaaS product, scaling operations and continuing to expand internationally.

They also have plans to increase headcount and expand its network of technology and services partners to cement its position as a frontrunner in the rapidly growing data privacy market.