Sprinto Revolutionizes Compliance Management with $20M Funding
April 10, 2024, 3:34 am
Location: India, Karnataka, Bengaluru
Employees: 51-200
Founded date: 2020
Total raised: $30M
Sprinto, a leading security compliance and risk platform, has secured a $20 million Series B funding round to enhance its automation capabilities and expand its customer base. The company aims to streamline the cumbersome compliance management process by automating tasks such as vendor risk management, vulnerability assessment, and evidence collection. With a focus on building trust and intelligence, Sprinto is set to revolutionize the way businesses approach compliance in the digital age.
Founded by Girish Redekar and Raghuveer Kancherla in 2020, Sprinto has quickly gained traction in the market, serving over 1,000 customers across 75 countries. The company's platform integrates with over 160 systems and supports popular frameworks like SOC 2, GDPR, and HIPAA. By leveraging AI and advanced technologies, Sprinto is able to offer efficient and effective compliance solutions to a wide range of industries.
The recent funding round, led by Accel with participation from Elevation Capital and Blume Ventures, brings Sprinto's total capital raised to $31.8 million. The company plans to use the funds to further enhance its product through research and development, with a focus on intelligent automation and AI. With a strong emphasis on customer experience and market expansion, Sprinto is poised for continued growth and success in the compliance management space.
As the demand for automated compliance solutions continues to rise, Sprinto is well-positioned to lead the market with its innovative approach to security and risk management. By empowering businesses to navigate complex regulatory requirements with clarity and confidence, Sprinto is paving the way for a more secure and efficient future in compliance management.
Founded by Girish Redekar and Raghuveer Kancherla in 2020, Sprinto has quickly gained traction in the market, serving over 1,000 customers across 75 countries. The company's platform integrates with over 160 systems and supports popular frameworks like SOC 2, GDPR, and HIPAA. By leveraging AI and advanced technologies, Sprinto is able to offer efficient and effective compliance solutions to a wide range of industries.
The recent funding round, led by Accel with participation from Elevation Capital and Blume Ventures, brings Sprinto's total capital raised to $31.8 million. The company plans to use the funds to further enhance its product through research and development, with a focus on intelligent automation and AI. With a strong emphasis on customer experience and market expansion, Sprinto is poised for continued growth and success in the compliance management space.
As the demand for automated compliance solutions continues to rise, Sprinto is well-positioned to lead the market with its innovative approach to security and risk management. By empowering businesses to navigate complex regulatory requirements with clarity and confidence, Sprinto is paving the way for a more secure and efficient future in compliance management.