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Slack rival from UK: Worldr secures $3M seed funding for their ‘zero-trust’ messaging

Worldr

Worldr, a communications platform that offers users secure messaging, has just finalised a $3 million seed round. Led by IQ Capital, the Cambridge-based deep-tech VC. Further, investors include some of the biggest names from tech and security, including Playfair Capital, CyLon, Credit Suisse’s Andreas Wuchner and Privitar co-founder John Taysom. 

Founded by Max Buchan, who started as CoinShares’ first employee, and corporate lawyer Dmitry Maskaliou, Worldr is designed as an elegant secure messaging platform that meets the strict compliance standards required by the financial and legal sectors from which they hail. The inspiration came largely from Buchan’s experience at CoinShares, which was managing nearly $3 billion in assets.

Speaking to UKTN, Buchan discussed how the security and regulatory challenges he faced provided the spark: “Regulations were affecting how people communicated. There was this increasing onus on people thinking about who can access messages, and the FCA was becoming stricter.” Starting out with plans for a Slack-like secure platform, they have started developing solutions to integrate with existing platforms. Their first integration provides secure messaging for Microsoft Teams. “We started with Microsoft Teams because their growth has been astronomical. They have gone from 75 million to 145 million users in twelve months.” ...