Phoenix Equity, a renowned investment firm, has recently announced its investment in Logiq, a Bristol-based cybersecurity specialist that has become a leading provider of cyber-related services to the UK public sector. This marks the third investment from Phoenix Equity’s 2022 fund, which focuses on technology-driven markets.
Logiq has exceeded expectations with a compound annual growth rate (CAGR) of over 60% since 2021. The company offers two core services: cyber security assurance, strategy, and system delivery, and DISX, a proprietary subscription software service that hosts a secure environment to allow information exchange between contractors and government entities.
The UK government has made significant funding commitments to the public sector’s long-term cyber agenda, and Logiq is playing a critical role in safeguarding the UK’s national digital infrastructure. The UK’s public sector cyber security threat is well documented, and Logiq is at the forefront of developing the public sector’s long-term cyber agenda.
Logiq’s founders have a wealth of experience in the industry, and they have built a team of experts who are passionate about protecting the UK’s national security. Logiq’s focus on innovation and technology has allowed the company to stay ahead of the curve in a rapidly changing industry.
DISX is an innovative offering that has revolutionized information exchange between contractors and government entities. The platform is secure and offers a robust environment for the exchange of sensitive information. Logiq’s founders are thrilled to partner with Phoenix Equity’s outstanding team to drive the business’ continued development.
Phoenix Equity is equally excited to partner with Logiq’s founders and their outstanding team to drive the business’ continued development. The investment will allow Logiq to further develop its services and expand into new markets. Phoenix will partner with Logiq’s founders to support the company’s growth plans.
Logiq’s growth has surpassed expectations, and the company plans to expand into new end-markets and enhance its operational platform while further investing in the DISX offering. Logiq’s market is growing at a rate of 20% per year, and the company plans to take full advantage of this growth by increasing its service offerings.
The partnership between Phoenix Equity and Logiq comes at a critical time. Cybersecurity threats are on the rise, and the UK public sector is a prime target. Logiq’s unique approach to cybersecurity sets it apart from its competitors. The company’s founders and team of experts are dedicated to protecting the UK’s national security, and their focus on innovation and technology has allowed them to stay ahead of the curve in a rapidly changing industry.
Logiq’s DISX offering has been a game-changer in the industry. The platform has revolutionized the way information is exchanged between contractors and government entities. The platform is secure and offers a robust environment for the exchange of sensitive information. This innovative offering has helped to cement Logiq’s position as a leading provider of cyber-related services to the UK public sector.
Phoenix Equity’s investment in Logiq will allow the company to further develop its services and expand into new markets. The partnership between Phoenix Equity and Logiq is an exciting development in the cybersecurity industry, and it is a testament to the hard work and dedication of Logiq’s founders and team of experts.
In conclusion, Phoenix Equity’s investment in Logiq is a significant development in the cybersecurity industry. Logiq is a leading specialist provider of cyber-related services to the UK public sector, and the company’s growth has surpassed the expectations of the founders. Logiq is playing a critical role in safeguarding the UK’s national digital infrastructure, and the company plans to expand into new markets while enhancing its service offerings. Phoenix Equity’s investment in Logiq will allow the company to further develop its services and support its growth plans. The partnership between Phoenix Equity and Logiq is an exciting development in the cybersecurity industry and will undoubtedly have a significant impact on the UK’s public sector cybersecurity.