Maven Capital Partners has completed a £15 million investment in Chorus Intelligence.
The fast-growing investigation software specialist, founded in 2011, has a 15-year track record of developing and deploying digital investigation software, used by law enforcement, government agencies and corporations.
Based in Woodbridge, near Ipswich, the company recently launched the Chorus Intelligence Suite, which is being rapidly adopted across its key UK and US markets.
The platform enables multiple users to automate the processing of large and complex data sources, connect disparate structured and unstructured data points efficiently, identify suspects and criminal networks, improve evidential outputs and facilitate the acceleration and collaboration of digital investigations.
The CIS delivers a proven and significant return on investment for the company’s clients, it says, by helping solve more crimes, driving increased efficiencies and saving resources.
The transaction was led by Maven’s UK Regional Buyout Fund II.
“The entire Chorus team are delighted to welcome Maven to Chorus. This investment from Maven marks an important milestone in our journey as we gear up for our next phase of growth,” said Boyd Mulvey, founder and executive chairman at Chorus.
“The expertise Maven bring in scaling high-growth technology companies will be invaluable as we accelerate our AI product roadmap, expand our global footprint and continue delivering exceptional value to our customers.”
Maven’s buyout team has completed 38 platform buyouts and 26 exits, delivering an average 3x return.
“Chorus is a fast-growing business which is operating in a market experiencing strong structural growth,” said Tom Purkis, partner at Maven.
“Digital intelligence is becoming an essential component of modern investigations. Chorus has invested heavily in technology, with its next-generation CIS platform already delivering measurable efficiency gains and return on investment for customers in both the UK and US.
“We are delighted to support the team as they continue to scale the business, expand its international presence and further enhance the platform’s capabilities to support its customers.”