Sprinto Raises $10 Million in Series A  

by Kay Aloha Villamor in February 11th, 2022

Sprinto, a Bangalore, India-based compliance automation platform for SaaS companies, raised $10 million in a Series A funding round led by Elevation Capital, with participation from Accel, and Blume Ventures.

The company intends to use the funds for team expansion across key functions and R&D to ensure long-term growth, and open its first North American office, in Utah, by this quarter’s end.

Company: Sprinto Technology Private Limited

Raised: $10.0M

Round: Series A

Funding Month: February 2022

Lead Investors: Elevation Capital

Additional Investors: Accel, and Blume Ventures

Company Website: https://sprinto.com/

Software Category: compliance automation platform

About the Company: Co-founded by Raghuveer Kancherla and Girish Redekar, Sprinto is a compliance automation platform that helps SaaS companies obtain compliances, such as SOC 2, ISO27001, GDPR, HIPAA, etc., quickly. It helps clients create a real-time monitoring system that provides visibility into the processes and policies governed by compliance checklists, tracks the status of these systems, and alerts relevant teams if a system is not operating within the required baseline limits or in case of any policy violations. 


Source: https://www.finsmes.com/2022/02/sprinto-raises-10m-in-series-a-funding.html




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