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Kintent nabs $4M seed to automate compliance questionnaire process

TechCrunch

He knew firsthand from his experience at Kinvey that companies like his had to adhere to a lot of compliance standards, and the idea for the next company began to form in his head. The company launched in 2019, spent the first part of 2020 developing the product and began selling it last October.

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Drata raises $3.2M for its compliance audit platform

TechCrunch

Drata , a startup that helps businesses get their SOC 2 compliance, today announced that it has raised a $3.2 million seed round led by Cowboy Ventures and that it is coming out of stealth. Other investors include Leaders Fund, SV Angel and a group of angel investors.

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Relyance AI scores $25M Series A to ensure privacy compliance at the code level

TechCrunch

Relyance AI , an early-stage startup that is helping companies stay in compliance with privacy laws at the code level, announced a $25 million Series A today. “For the first time, we are building the legal compliance and regulation into the source code,” Sharma told me. ” Leila R.

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Dubai-based accounting and financial compliance startup, Wafeq, raises $3M

TechCrunch

This inspired him to launch Wafeq in 2019, a startup that initially offered accounting services and later, in 2021, launched a scalable accounting and e-invoicing SaaS solution focused on clients in UAE and Saudi Arabia. Wafeq says its powering accounting and financial compliance for SMEs.

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Shield bags $15M Series A to address surging demand for its AI-powered communication compliance platform

TechCrunch

Over the past two years, since the pandemic hit, there has been a sharp rise in financial crime compliance costs, nearing $50 billion in 2021 , up 58% compared to 2019, in the U.S. It will also ramp up the development of its communication compliance platform. . and Canada.

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LeapXpert raises $22M to monitor employee chats for compliance

TechCrunch

It’s been a particular challenge for the financial services industry, which has comparatively strict governance and compliance requirements. On the hunt for a solution to the chat compliance problem, three entrepreneurs — Dima Gutzeit, Avi Pardo and Rina Charles — decided to create their own, LeapXpert.

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Skuad manages hiring and compliance for building distributed teams

TechCrunch

Skuad was conceptualized just before the pandemic in 2019 by founder Sundeep Sahi with the aim of simplifying international hiring. Skuad serves as the legal employer in India, since Akseleran doesn’t have a legal entity in the country, and manages local compliance for payments, taxes and benefits.