Detected was founded during the 2020 Covid-19 pandemic. At the time, Liam Chennells and Nathan Kelleher were helping companies overcome issues with their supply chain infrastructure, using their contacts and networks to source planes and boats to keep medical equipment and PPE moving around the world. As they helped buyers and sellers, the team encountered countless unscrupulous parties and cases of fraud.
At this point in time, and prior to Detected, overcoming this challenge was a costly manual process. They decided that through the power of Artificial Intelligence, they could gather information, standardise it and empower businesses to use this worldwide insight to make better decisions and proactively prevent fraud.
In assembling the founding team, Liam and Nathan joined forces with Darko Atijas and Peter Youell - leaders in the SaaS growth and technology industries respectively.
They registered the business on 30th July 2020, bootstrapped the company, added operational, financial and commercial team members, and built the core platform. This led to a £250,000 pre-seed in early October 2020.
Following this, an experienced advisory board was formed. This is made up of Rob Barnett (Former COO at RBS and current Managing Director of Southern Water), Stephen Garland (technology veteran and current Global CTO & CPO of Trustpilot and Carl Hartmann (Former Co-Founder and CEO of Temando, now Lyre’s Spirit Co. Co-Founder).
In November 2020, the business doubled its valuation while raising another £600,000 to allow further investment in its marketplace integration and international data projects.
That takes Detected to 6 months into its journey, the future is bright.
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