Certa Raises $35 Million in Series B

by Kay Aloha Villamor in September 8th, 2023

Certa, a San Francisco, CA-based all-in-one third-party management platform, raised $35 million in oversubscribed Series B funding, bringing the total institutional investment in Certa to $50 million.

SaaS Investors

The round was led by Fin Capital, Vertex Ventures Southeast Asia, and India, with participation from Tru Arrow Partners and existing investors including Point72 Ventures, BDMI, Aglae Ventures, Mantis VC, and GOAT Capital. 

Fin Capital is a global asset manager focused on full life cycle investing in B2B FinTech companies. Fin is headquartered in San Francisco with offices in Los Angeles, London, Miami, and New York.

Founded in 2008, Vertex Ventures Southeast Asia & India is a venture capital firm based in Singapore, Singapore. The firm prefers to invest in early-stage and later-stage companies. 

Certa Use of Funds

The company plans to use the funds to expand its reach into new markets and accelerate adoption of its platform. Certa will use the funding to bolster its go-to-market engine, expand its reach into new high-growth markets like Europe, and accelerate adoption.

About Certa

Certa helps Fortune 500 firms with global third-party compliance, risk management, and ESG. Certa is a comprehensive platform that can be personalized via a no-code studio and an open architecture with 120+ ready-made integrations. Certa provides a platform for global third-party management across procurement, compliance, ESG, and legal, helping organizations efficiently manage risks and compliance burdens associated with third-party relationships. 

Funding Details

Company: Opinr Inc. 

Raised: $35.0M

Round: Series B

Funding Month: September 2023

Lead Investors: Fin Capital and Vertex Ventures Southeast Asia and India

Additional Investors: True Arrow Partners, Point72 Ventures, BDMI, Aglae Ventures, Mantis VC, and Goat Capital

Company Website: https://www.getcerta.com/ 

Software Category: Third-Party Management Software

Source: https://www.businesswire.com/news/home/20230907566978/en/Certa-Raises-Oversubscribed-35M-Series-B-to-Further-Reduce-Third-Party-Management-Friction   





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