# Esper Regulatory Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/esper-regulatory-technologies

- Industry: Software
- Headquarters: Austin, US
- Website: www.esper.com
- Total disclosed funding: $8M
- Latest round: Series A (Jul 1, 2021)
- Investors on record: 4

## About

Based in the US, Esper Regulatory Technologies specializes in innovative cloud-based policy management solutions designed to improve regulatory processes for government entities.Esper Regulatory Technologies Inc., founded in 2013 and headquartered in Austin, US, develops software for government agencies to manage policies efficiently. The company has raised a total of USD 8.00 mn, with the latest funding round being a Series A led by Cota Capital and joined by investors including 8VC and Gaingels. The firm has completed a total of 4 funding deals. Founders Lilli Oetting and Maleka Momand, who also serves as CEO, are instrumental in driving the company's vision.Esper offers a cloud-based policy management software tailored for government entities, enhancing regulatory processes and operational efficiency. The platform allows users to draft, centralize, and organize administrative rules while promoting collaboration among stakeholders. Features include policy templates, version tracking, and feedback collection, complemented by a searchable database of state and federal regulations. Various governmental agencies in states like Mississippi, Tennessee, and Iowa utilize Esper's platform to support their policy-making efforts.Esper's revenue model is based on subscription services for its policy management software, with clients typically engaging in annual or multi-year subscription agreements. Key clients such as the Mississippi Department of Child Protective Services and the Tennessee Office of the Attorney General leverage Esper's tools for enhanced policy drafting and management. The software's extensive features offer significant value to government entities aiming to improve efficiency and transparency in their operations.Esper plans to utilize its recent funding to further develop its policy management software, potentially introducing new features to enhance user experience. Additionally, the company aims to expand its market presence beyond its current client base, targeting new geographical regions in the US to broaden its impact by the end of 2024. The investment from Kinled Holding will support these initiatives, helping Esper to strengthen its offerings and penetrate new markets.

## Funding rounds

- Series A, Jul 1, 2021, $8M — Cota Capital, 8VC, Gaingels, Stand Together Ventures Lab

## Investors

- Cota Capital (https://capitalatlas.ai/funds/cota-capital) — Series A
- 8VC (https://capitalatlas.ai/funds/8vc) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Stand Together Ventures Lab (https://capitalatlas.ai/funds/stand-together-ventures-lab) — Series A