Algo1 Ltd secures £21.1m Series A for IT service expansion

London-based IT services firm Algo1 Ltd has raised an estimated £21.1m in a Series A funding round. The company focuses on providing computer disaster recovery, software installation, and the setup of personal computers and peripheral equipment.

Founded in 2023, Algo1 Ltd addresses technical infrastructure needs for businesses requiring specialized hardware and software support. Its digital presence indicates a focus on IT consulting and services. The company's service portfolio includes the installation of personal computers and peripheral equipment alongside software deployment. These activities are managed from its London base.

The Series A round provides the company with £21.1m in fresh capital. Documentation filed in May 2026 confirms the investment, which was originally allotted in October 2025.

Financial records for the year ending 31 December 2024 reported a headcount of one employee. Current data from LinkedIn suggests the team has since expanded to 27 staff members. This growth in personnel follows the company's incorporation and subsequent scaling within the information technology service sector.

Algo1 Ltd provides technical services including disaster recovery protocols and the physical installation of computing hardware. The company has not publicly disclosed specific revenue figures or profit and loss details in its latest accounts. Total assets and specific valuation figures were not disclosed in the recent filing.