Crowd Threat raises £1 million to expand local threat intelligence
Two regional investment funds backed the Newcastle company’s international growth.
Crowd Threat has raised £1 million from the North East Accelerate Fund, managed by Mercia Ventures, and NPIF II – PXN Equity Finance, managed by PXN Ventures.
The company combines reports from vetted local contributors with AI-assisted checks and human verification. Its platform helps security and corporate risk teams track incidents across countries and operating environments.
The funding will support product development, expansion of its international reporting network and seven new jobs. Founder Michael McCabe also plans a product aimed at identifying community tensions and emerging risks.
Use of funds
Expand international reporting network
Develop products and hire seven staff