secjur Raises €5.5 Million in Seed Round  

by Kay Aloha Villamor in December 2nd, 2022

secjur, a Hamburg, Germany-based data security startup that offers an AI-based compliance automation platform, raised €5.5 million in seed funding after bootstrapping to market launch.

The round was led by Visionaries Club, with participation from Mario Götze, Nico Rosberg, Cocoa Ventures, SB21, Estelle Merle & Charlotte Pallua (co-founders of Topi), Ignaz Forstmeier (co-founder and ex-CMO of Personio), and other renowned business angels.

This new funding will be used to further develop the platform and fuel expansion within the DACH region and other markets.

Niklas Hanitsch, co-founder and CEO of secjur, said: “Compliance is as versatile as it is complex. Not only data protection requirements are becoming more and more extensive, but compliance in all kinds of areas. For example, many companies are required to implement an information security management system. In the coming years, many other compliance challenges will add to this, such as AI regulation. Regulation can help in protecting consumer rights and make both the digital and the real world a better place. Nevertheless, implementing compliance is very demanding and poses major challenges for companies. That’s where we jump in and support with our smart solution. ” 

Hamburg-based secjur aims to make it simpler, having developed a “Digital Compliance Office"—an AI-based compliance automation platform. It plans to become the world’s leading provider in the relatively new sector of compliance automation.

Company: secjur GmbH

Raised: €5.5M

Round: Seed Round

Funding Month: December 2022

Lead Investors: Visionaries Club

Additional Investors: Mario Götze, Nico Rosberg, Cocoa Ventures, SB21, Estelle Merle, Charlotte Pallua, and Ignaz Forstmeier 

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

Software Category: AI-based Compliance Automation platform

About the Company: Founded in 2018 by Niklas Hanitsch, Manuel Stahl, Simon Pentzien, and Sven Moritz, secjur offers an AI-based compliance automation platform. The startup’s tech automates processes in the Digital Compliance Office that are related to fields such as data protection, information security, anti-money laundering, and whistleblowing. Using the platform, companies can solve compliance challenges rapidly, and easily navigate this complex space. The team has quickly grown to almost fifty employees. secjur and its Digital Compliance Office won first place in the German Startup Cup in the cybersecurity category. It has already established partnerships with Mercedes-Benz, Samsung, Yunex Traffic, 1KOMMA5°, MediaMarkt Saturn, Pantaflix, Klitschko Ventures, and Tomorrow Bank. secjur is on a mission to revolutionize the compliance process, making it simpler with automation.

 


Source: https://www.eu-startups.com/2022/12/hamburg-based-secjur-scores-e5-5-million-for-its-ai-based-compliance-automation-platform/



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