What is Sprinto?
Sprinto operates as a full-stack security and compliance automation platform. Its core function is to continuously monitor and collect evidence of a company's security controls. This automated process significantly simplifies the journey for businesses seeking to obtain and maintain critical certifications such as SOC 2, ISO 27001, GDPR, and HIPAA. By streamlining complex compliance requirements, Sprinto empowers organizations to fortify their security posture and meet regulatory demands efficiently.
How much funding has Sprinto raised?
Sprinto has raised a total of $30M across 2 funding rounds:
Series A
$10M
Series B
$20M
Series A (2022): $10M with participation from Accel, Elevation Capital, and Blume Ventures
Series B (2024): $20M led by Accel, Elevation Capital, and Blume Ventures
Key Investors in Sprinto
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth. The firm focuses on supporting innovative companies and entrepreneurs. Accel aims to be the first partner for teams looking to scale and succeed in their respective markets. Their services are tailored to meet the needs of startups and growing businesses.
Elevation Capital
Elevation Capital is a company that operates in the Venture Capital & Private Equity industry. It employs 20to49 people and has 5Mto10M of revenue. The company is headquartered in Panathur, Karnataka, India.
Blume Ventures
Blume Ventures is an India focused early stage investment firm that backs founders from seed through scale up. With local insight and hands on support, it partners with teams building enduring technology led businesses across consumer, enterprise and deep tech, helping them raise capital, sharpen strategy and grow responsibly.
What's next for Sprinto?
The substantial enterprise-level backing Sprinto has garnered, particularly the recent strategic investment, signals a pivotal phase of scaling and market penetration. This capital is anticipated to fuel product development, expand its global reach, and bolster its sales and marketing efforts. As regulatory landscapes evolve, Sprinto is strategically positioned to capitalize on the increasing demand for automated compliance solutions, further solidifying its role as a leader in the security and compliance technology space.
See full Sprinto company page