How Much Did Sprinto Raise?
Funding & Key Investors

Sprinto, a prominent player in the security and compliance automation sector, has secured significant enterprise-level funding, with its total funding reaching $30M. The company recently announced a major strategic investment of $20M, underscoring its robust growth trajectory and market position. This latest capital infusion is expected to accelerate Sprinto's expansion and enhance its platform capabilities in the competitive compliance technology landscape.

What is Sprinto?

Sprinto
SoftwareSecurity Software

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:

2022

Series A

$10M

2024

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.

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Frequently Asked Questions Regarding Sprinto Financial Insights

What are the most recent funding rounds that Sprinto has completed, and what were the funding rounds?
Sprinto has recently completed 2 funding rounds: Series B on Apr 9, 2024, Series A on Feb 9, 2022.
What is the total amount of funding Sprinto has raised to date?
Sprinto has raised a total of $30M in funding to date.
How many funding rounds has Sprinto completed?
Sprinto has completed 2 funding rounds.
How much funding did Sprinto raise in its most recent funding round?
Sprinto raised $20M in its most recent funding round.
Who are the lead investors in Sprinto's latest funding round?
The lead investor in Sprinto's latest funding round was Accel. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sprinto's history?
The largest funding round in Sprinto's history was $20M.
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