Maven’s MBO Fund II leads £15m investment in Chorus Intelligence

Maven has completed a £15 million investment in Chorus Intelligence, a leading investigation software specialist. The transaction was led by Maven’s UK Regional Buyout Fund II. 

Chorus, founded in 2011, has a 15-year track record of developing and deploying best-in-class digital investigation software, used by law enforcement, government agencies and corporations. 

More recently, the Company has launched the Chorus Intelligence Suite (CIS) 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. 

Importantly, the CIS delivers a proven and significant return on investment for the Company’s clients by helping solve more crimes, driving increased efficiencies and saving resources.

Chorus has delivered sustained growth, driven by positive market tailwinds as a result of increasing digital crime and the growing demand for centralised, AI-powered investigative tools. The investment from the Maven buyout fund will enable further development of Chorus’ innovative technology, increase integration of AI capability, continue its international expansion and support potential M&A to accelerate scale in what is a fragmented market. 

"Chorus is a fast growing business which is operating in a market experiencing strong structural growth. 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."

 Tom Purkis, Partner at Maven

“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. 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.”

 Boyd Mulvey, Founder and Executive Chairman at Chorus

Maven’s buyout team has completed 38 platform buyouts and 26 exits, delivering an average 3x return. The team typically invests between £10 million and £20 million to support ambitious management teams in driving growth, further developing market-leading platforms, international expansion and establishing and executing value creation plans.