Round live · Closes Dec 2026
Equity round · Series B+ extension

Back the marketplace for trusted protection.

LEON is raising a Series B+ extension to accelerate launches in New York, Singapore and Riyadh — and to push armoured-fleet and AI-dispatch product into the next 12 cities. Join 240+ existing backers — angels, family offices and operators — building the category.

€42MRaised to date
€8MThis extension
€500Min. ticket
240+Existing backers
The numbers

Eight years of traction.Fully operational.

LEON is not a deck — it's a working marketplace dispatching real agents to real clients across 48 cities every day. Below: the metrics that matter.

€18M
ARR run rate
+86% YoY · 14% take rate · 92% gross margin
2,400
Vetted agents on platform
Across 48 cities · 600 partner firms
180k+
Hours dispatched
Cumulative · zero major-incident rate since 2022
71%
Repeat-client revenue
12-month cohort · NPS 68
9 min
Average dispatch
Across tier-1 cities · 24/7
99.95%
Platform uptime
SOC 2 Type II · GDPR-compliant infra
Why now

Private security iswhere ride-hail was in 2012.

A €280B global market, 90% offline. We bring it online — with better unit economics than ride-hail, because trust and licensing are moats.

Demand is structural, not cyclical

Urban insecurity, executive risk and event-volume have all grown 6–9% CAGR for a decade. Private security spend in EU-5 has doubled since 2018. We are riding a multi-decade trend.

Supply is fragmented and pre-digital

The industry is 80,000+ small firms and lone operators across Europe alone. Most still book by phone. LEON OS is now used by 600+ firms. Every firm we onboard becomes both a supplier and a marketplace contributor.

Trust is a moat, not a feature

Vetting, licensing, insurance and incident-history compound over time. Eight years in, our agent quality bar and dispatch reliability are not replicable in a quarter. The deeper we go, the harder we are to copy.

Unit economics already work

14% blended take rate, 92% gross margin on the SaaS layer, payback under 9 months on marketplace acquisition. We grow because we serve, not because we burn.

Use of proceeds

Where the €8M goes.No mystery.

Three concrete bets, each tied to a measurable 18-month outcome. We will report quarterly to investors against each line.

42%

Geographic launches

New York, Singapore and Riyadh open in 2026. Each city seeded with 60 vetted agents, 4 partner firms, a local coordinator and a 90-day marketing runway. Goal: €1M ARR per city by month 18.

31%

AI-assisted dispatch & threat assessment

Sub-5-minute dispatch in tier-1 cities by Q4 2026. Real-time threat-surface scoring on every brief. Built on our 180k+ historical missions. The team is six engineers and a dispatch-domain lead.

27%

Armoured-fleet division

Twelve owned armoured vehicles by end of 2026 — Maybach, Range Rover Sentinel, GLS Guard. Higher-margin per-mission revenue, plus product depth that competitors can't lease into existence overnight.

Investment terms

Clear terms.No surprises.

Series B+ extension on the same terms as our 2024 round, with a small bonus for early commitments. Lead investor allocation closed; the remaining €3M is open to qualified individuals and family offices.

Round
Series B+ extension
Total raise
€8M (€5M lead committed)
Open to retail
€3M tranche
Minimum ticket
€500
Maximum ticket (retail)
€100,000
Pre-money valuation
€140M
Instrument
Ordinary shares · 1 vote per share
Liquidation preference
1× non-participating
Lock-up
36 months from closing
Reporting
Quarterly investor letter · annual audited accounts
Closing window
Open until 31 December 2026 or fully subscribed
Jurisdiction
France · governed by French law
Already on the cap table

Backed by peoplewho build category leaders.

240+ angels, operators and family offices have already invested. Lead institutional partners include leading European seed and growth funds. Names available under NDA.

€42M
Total raised across 4 rounds
240+
Existing investors on the cap table
11
Founders & operators of unicorn-stage companies among angels
3
Independent board members from the security & insurance industries
How to invest

Four steps.From interest to closing.

01

Express interest

Message investor relations on WhatsApp or email. Tell us your indicative ticket size and whether you're investing personally or via a structure.

02

Receive the data room

Within 24 hours we send the offering circular, audited accounts, KPI dashboard and a recorded founder Q&A — under a standard NDA.

03

Subscribe online

Sign the subscription agreement electronically, complete KYC/AML, and wire your commitment. The platform takes you through it in 10 minutes.

04

Closing & share certificate

We close in batches every 6 weeks. You receive your share certificate, a place on the quarterly investor letter list, and access to two annual investor calls.

Investor FAQ

What investorsmost often ask.

Who can invest?

Qualified individuals and entities resident in jurisdictions where this offering is permitted. The retail tranche is open to investors who self-certify as sophisticated or high-net-worth under EU rules. Institutional allocations are reviewed case by case.

Is there a minimum holding period?

Yes — a 36-month lock-up from closing applies to all retail subscribers. A secondary window may open before then at the company's discretion, but no liquidity is guaranteed.

What protections do minority investors have?

Standard pre-emption rights on future rounds, anti-dilution on down-rounds (broad-based weighted average), tag-along rights on founder sales, and quarterly reporting obligations enforceable under French law. Full terms are in the offering circular.

How will my investment be used?

42% to geographic expansion, 31% to AI-dispatch product, 27% to the armoured-fleet division. We commit to reporting against each line in the quarterly letter.

What is the exit horizon?

The board's stated goal is a strategic transaction or IPO in the 4–6 year window. There is no contractual obligation to exit in any timeframe and no return is guaranteed.

Can I invest via my company or trust?

Yes — corporate, trust and fund structures are accepted, subject to standard KYC/AML on beneficial owners. Family offices receive a dedicated point of contact during the subscription process.

Important risk disclosure

Investing in an early-stage private company is speculative and carries significant risk, including the possible loss of your entire investment. Only invest what you can afford to lose. LEON's business model, services and technology may not fully scale as anticipated. There is no guarantee that the stated valuation reflects market conditions or that a liquidity event will occur. Shares are illiquid and subject to a 36-month lock-up.

This page is informational only and does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction. Any offering is made solely under the offering circular, which prospective investors should review carefully and discuss with their own legal, tax and financial advisers before subscribing. Forward-looking statements on this page are based on current assumptions which may not prove accurate; LEON disclaims any obligation to update them. LEON does not provide investment, tax or legal advice.

Personal data submitted as part of the investment process is handled in accordance with our Privacy Policy and is not shared with third parties without your consent, except as required by law.

Investor relations

Talk directlyto a real human.

No funnels, no chatbots. Message investor relations on WhatsApp or email — average reply under 4 hours during business days.