What is Sedric?
Founded in 2020 and headquartered in New York, New York, Sedric operates within the critical domain of compliance management. The platform aims to streamline and automate complex regulatory adherence processes for businesses, a vital function in today's increasingly regulated corporate landscape. By providing a robust solution, Sedric addresses the growing demand for efficient and reliable compliance tools, positioning itself as a key player in the enterprise-level software market.
How much funding has Sedric raised?
Sedric has raised a total of $22M across 2 funding rounds:
Angel/Seed
$3.5M
Series A
$18.5M
Angel/Seed (2021): $3.5M with participation from StageOne Ventures
Series A (2024): $18.5M led by Foundation Capital
Key Investors in Sedric
StageOne Ventures
StageOne Ventures specializes in leading investments in early-stage, Israel-related deep tech startups that address complex enterprise challenges. With over $500 million under management and a strong global network, they provide essential support to founders from inception to exit.
Foundation Capital
Foundation Capital is a venture capital firm that partners with bold founders building category-defining technology companies, supporting entrepreneurs from the earliest stages through long-term growth with deep operational and strategic expertise.
What's next for Sedric?
The recent major strategic investment into Sedric indicates a strong market validation and provides the necessary resources for accelerated expansion. This capital is likely to fuel product development, enhance sales and marketing efforts, and potentially broaden the company's operational footprint. As Sedric moves forward, its focus will likely remain on solidifying its position in the compliance management sector, leveraging this new backing to drive innovation and capture greater market share.
See full Sedric company page
