Jim Darragh appointed as Non-Executive Chairman

Newcastle upon Tyne, UK, 4 March 2026: Literal Labs, the logic-based AI algorithm pioneer, today announced the appointment of Jim Darragh to its team as Non-Executive Chairman, marking the start of an important new phase of the company’s growth.

Darragh is one of the most accomplished operators in the European B2B software industry, having served as CEO of five international software businesses over the course of his 30-year career. He led each of these businesses (Zeus Technology, Abiquo, Ipanema Technologies, CMO Group, and TotalMobile) to exit, creating approximately £1.3 billion in enterprise value, with an average return of 5x for investors.

In his most recent role as CEO of TotalMobile, Darragh grew revenues by more than 500% in seven years, and oversaw seven acquisitions. Since stepping down as CEO in 2023, Darragh has been supporting businesses as a board leader, and his shrewd business mindset and experience will be vital as Literal Labs scales the delivery of its world-leading logic-based AI models.

Noel Hurley, CEO of Literal Labs, said: “Jim is exactly the kind of person we wanted around the table at this stage of our journey. His track record of scaling international software businesses is exceptional, with more than a billion pounds of value created, and a genuine playbook for building teams that execute at pace. Having Jim’s experience and perspective as we grow is a real asset for Literal Labs.”

Jim Darragh, Non-Executive Chairman of Literal Labs, said: “I’m incredibly excited about Literal Labs. The opportunity for these unique AI models is significant: as AI continues to move closer to where data is generated, the demand for efficient, high-performance algorithms is only going to grow. Noel and the team have built something with real potential, and I look forward to working with them as they scale.”