Fast-growing Australian verification software company Atticus has closed a £5.6m (AUS $10.84m) minority investment from Skip Capital and Blackbird Ventures.
Developed as a faster, easier way to fact-check critical documents including IPO prospectuses, ESG statements and annual reports, Atticus counts 12 of the UK’s top 20 law firms as clients including Slaughter and May, Linklaters, Pinsent Masons, Travers Smith, Ashurst and Herbert Smith Freehills, as well as companies such as National Grid, Aston Martin and Kingfisher. It has been bootstrapped to date and is already profitable.
Atticus was founded in 2017 in Melbourne Australia by former corporate lawyer Saul Wakerman and software engineers Misha Wakerman and Mitchell Brunton. In 2022 it hired general manager Patrick Skinner from BRYTER in the UK, followed by the UK hires in 2023 of Sam Spivack and James Quaile from BRYTER.
Skinner, who was previously at BRYTER, said: “Over the past four years Atticus has been used as a key tool to corroborate information on some of the UK’s biggest transactions and listings and is now the go to verification product for a range of listed companies on the London Stock Exchange. We’re excited to be a pillar of the UK’s capital markets industry for many years to come.”