Sprinto, a San Francisco, California-based provider of an automated risk and compliance platform, raised $20m in Series B funding.
The round was led by Accel with participation from existing investors Elevation Capital and Blume Ventures.
The company, which has raised $31.8m to date, will use the funds for R&D, with a sharp focus on intelligent automation and AI, and expanding into new markets.
Founded in 2020 by Girish Redekar and Raghuveer Kancherla, Sprinto provides an intelligent automation technology platform that empowers businesses to navigate risk and compliance with clarity and confidence. The system plugs into a company’s processes to create intelligent workflows using AI. By doing so, Sprinto tears down silos and produces a connected view of assets, risks, controls, and compliance. This approach enhances security programs, fostering seamless operations and tangible results.
Sprinto supports all major standard security frameworks, including SOC 2, ISO 27001, GDPR, HIPAA, and PCI-DSS, as well as custom frameworks tailored to your needs.
The company has served thousands of customers and extended its reach to more than 75 countries.
FinSMEs
09/04/2024