Clue Software , the leading provider of software for investigations and intelligence management, has today announced the appointment of Laura Eshelby as Head of Economic Crime. Eshelby joins Clue after ten years at the Cabinet Office, where she was the Deputy Director for Practice, Standards and Capability at the Public Sector Fraud Authority.
The investigations software company, which raised £4 million in February 2024 in a round led by Frog Capital, has experienced significant growth. It has tripled its ARR over the last four years since Frogs initial investment in 2021, with a 50% ARR surge in the past 12 months alone.
Clue has expanded its international customer base of more than 5,500 users, adding notable new clients such as a major UK government regulator, one of the worlds top 10 retailers by revenue, and a leading UK sports governing body. Additionally, Clue has strengthened its presence in both the UK government sector and the US market, securing significant business with a Big Four tech company.
As Head of Economic Crime, Eshelby will expand the teams portfolio across public and private sectors amidst a surge in fraud, which has doubled in the last year to £2.3bn. Having played a key role in shaping the UK governments fraud policies, she recognises the essential role systems like Clue play in combating fraud and economic crime.
With over 23 years of experience in counter fraud and economic crime in the UK and overseas, Eshelby previously led the design and implementation of the first Government Counter Fraud Profession for the Public Sector Fraud Authority, where she chaired the Cross Sector Advisory Group.
