CoComply, a UK RegTech scale-up focused on external workforce compliance, has secured £1.9m to speed up product development and expand its presence both at home and abroad.

NPIF – Mercia Equity Finance led the round. The fund is run by Mercia Ventures within the Northern Powerhouse Investment Fund II (NPIF II). UK venture capital firm Haatch, which pairs capital with hands-on support for founders, also took part, alongside management and other investors.

Those backers include Richard Law, the former CEO of GBG and a technology investor with a portfolio that features Vypr, who will take on the role of chair. They also include Seb Timpson, co-founder of With Intelligence, a financial data and intelligence firm that S&P Global bought for $1.8bn in November 2025, and Stephen Cann, CEO of Bollin Group, owner of brands such as Mountain Equipment, Sprayway, Ronhill and Bridgedale.

The raise comes as reliance on people outside the payroll keeps rising. Oversight of these workers is often split between HR, procurement, finance and legal teams. Many contractors, agency staff and service provider personnel sit inside supplier agreements, statements of work and service contracts. As a result, organisations can lose track of who is actually doing the work, on what terms, and which obligations follow.

CoComply serves mid-market and large organisations. Its platform surfaces external workers, including those concealed within supplier contracts, and maps how each person is engaged. It then sets out which compliance checks apply. The AI-native system pairs automation with specialist classification expertise and operates at the moment work first arrives in a business.

Source link