Sprinto Secures $20m Funding Round Led by Accel to Empower Businesses in Navigating Risk and Compliance
Sprinto Secures $20m Funding Round Led by Accel to Empower Businesses in Navigating Risk and Compliance
Key Takeaways (TLDR)
Sprinto secures $20m funding to pioneer intelligent automation, giving businesses an edge in navigating risk and compliance.
Sprinto's technology uses intelligent automation and AI to create connected, secure workflows that enhance security programs.
Sprinto's mission is to remove barriers to establishing trust, hyper-accelerating the GDP growth of B2B commerce and making compliance a driver of growth for businesses.
Sprinto, founded in 2020, is the second entrepreneurial endeavor by Girish Redekar and Raghuveer Kancherla, aimed at eliminating busywork through intelligent automation.
Why it Matters
Businesses are facing mounting pressure to prioritize security risks and ensure compliance with leading security and privacy standards. Sprinto's funding and technology advancements aim to address these challenges, tearing down silos and producing a connected view of assets, risks, controls, and compliance, ultimately empowering businesses to navigate risk and compliance with clarity and confidence.
Summary
Leading automated risk and compliance platform Sprinto secures $20m in funding round led by Accel, with a focus on intelligent automation and AI. The platform aims to empower businesses in navigating risk and compliance with clarity and confidence through technology rooted in intelligent automation, tearing down silos and producing a connected view of assets, risks, controls, and compliance. Sprinto marks their second entrepreneurial endeavor, addressing the challenges of dealing with compliance, tedious, manual, confusing, and costly, with their first venture Recruiterbox. The company has amassed thousands of customers and extended its reach to more than 75 countries.
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