T
Thirdfort
Legal · London, United Kingdom · Founded 2017
Web and mobile app that combines document scanning, facial recognition technology and Open Banking MoreLess
Thirdfort Limited operates as a risk management platform focused on providing robust anti-money laundering (AML) and know-your-customer (KYC) solutions. The company was founded in London in 2017 by school friends Olly Thornton-Berry and Jack Bidgood. The inspiration for the business came after a mutual friend was defrauded of £25,000 during a property transaction, highlighting critical security gaps in the process. Thornton-Berry, the CEO, previously worked as a technology investor, while Bidgood, the CPO, has a background in banking.
The firm primarily serves regulated professional services, with a strong focus on the legal, property, and finance sectors. Clients include law firms, estate agencies, and mortgage brokers who require stringent compliance with AML regulations. Revenue is generated through its platform, which offers a suite of verification checks, and the company has secured significant funding, including a £15 million Series A round in 2022. Thirdfort's business model centers on turning regulatory compliance into a streamlined, digital process for its clients, reducing onboarding times from days to minutes.
The core of Thirdfort's offering is a web and mobile application that automates identity and source of funds verification. The platform uses a combination of technologies, including document scanning, facial recognition, Open Banking, and Near-Field Communication (NFC) for reading biometric chips in passports. This allows for comprehensive checks that comply with standards set by HM Land Registry and the Financial Conduct Authority (FCA). Its services include real-time Politically Exposed Persons (PEPs) and sanctions screening, address verification, and Know Your Business (KYB) reports. By integrating these features, Thirdfort enables businesses to securely onboard clients remotely, mitigating the risk of fraud and ensuring regulatory adherence.
Keywords: risk management, anti-money laundering, AML, know your customer, KYC, identity verification, source of funds, Open Banking, property technology, legal technology, RegTech, compliance software, digital ID, fraud prevention, client onboarding, financial crime, PEPs screening, sanctions checks, document verification, biometric verification, NFC technology, due diligence platform
Company overview
Thirdfort company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2017
- Headquarters
- London, United Kingdom
- Employees
- 111
- Open positions
- 2
- Dealroom signal
- 76.7
- Investment activity
- 1 companies · latest Feb 2025
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Thirdfort funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jul 2022 | — | — | Grosvenor Hill Ventures · Chestertons · Knight Frank | ↗ |
| SERIES A✓Equity / VC | Mar 2022 | $20M | $79M | 13books Capital · Breega | ↗ |
| CONVERTIBLE✓Equity / VC | Apr 2021 | $0 | — | Future Fund | — |
| SEED✓Equity / VC | Apr 2021 | $2M | $7.9M | Alex Chesterman · Mishcon de Reya · Chris Marks | — |
| SEED✓Equity / VC | Aug 2020 | $1.3M | $5.3M | James Meekings · Andrew Mullinger · Mishcon de Reya | — |
| SEED✓Equity / VC | Oct 2019 | MDR Lab | — | ||
| SEED✓Equity / VC | Oct 2018 | Alex Chesterman · Lawyer Checker · MDR Lab | ↗ | ||
| GRANT✓Other financing | Apr 2018 | Geovation | — | ||
| ANGEL✓Equity / VC | Jan 2018 | Undisclosed | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | Profit | Margin |
|---|---|---|---|---|
| 2026 | $15M | 0% | −$4.6M | -31% |
| 2025 | $15M | +44.9% | −$4.6M | -31% |
| 2024 | $10M | +43.8% | −$6.5M | -63.4% |
| 2023 | $7.1M | +114.4% | ||
| 2022 | $3.3M | 0% | ||
| 2021 | $3.3M | 0% | ||
| 2020 | $3.3M | — |
Growth signals
Thirdfort website traffic
Latest recorded traffic for Thirdfort is 41K monthly website visits, up 0% over the last three months. Thirdfort's team grew 3.7% over the past year.
Hiring
Open positions at Thirdfort
Current openings linked to this company in Dealroom.
Comparisons
Thirdfort compared with similar companies
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Capital deployed
Thirdfort investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Talent graph
Thirdfort's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Thirdfort has talent and traffic
team presence
In the news
Latest news about Thirdfort
Recent press, funding announcements, and product moves mentioning Thirdfort — open to read from the original sources.
Market sentiment
What the market is saying about Thirdfort
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Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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