Koop Technologies
Latest round
- Seed
Last raised
- Jun 2023
Total raised
- $5.7M
Investors
- 6
About Koop Technologies
Based in the US, Koop Technologies, Inc.Founded in 2019 and headquartered in Pittsburgh, US, Koop Technologies, Inc. provides an AI-driven compliance automation platform.56 mn.Koop offers a comprehensive compliance automation platform designed to facilitate adherence to various regulatory standards, including SOC 2, ISO 27001, HIPAA, and GDPR. The core product is an AI-powered solution that automates up to 95% of compliance tasks, significantly reducing manual labor and associated costs. This platform serves a diverse clientele, including startups, scaling businesses, and enterprise-level organizations across multiple sectors such as Aerospace, Healthcare, Manufacturing, and Fintech. Customers utilize Koop's services to enhance their security posture, streamline compliance processes, and manage insurance requirements, thereby fostering growth and facilitating market entry into regulated industries.Koop generates revenue primarily through subscription-based pricing models tailored to different business needs. The Starter Plan, aimed at early-stage startups, starts at USD 467 per month, while the Growth Plan for scaling businesses is offered at USD 700 per month. An Enterprise Plan is available with customized solutions, and pricing is determined on a case-by-case basis. Revenue transactions typically involve businesses subscribing to the platform for ongoing compliance management and insurance services. By integrating compliance frameworks with robust productivity features, Koop delivers a streamlined experience that enhances customer trust and accelerates deal closures. The company is also looking to launch new products aimed at improving automation in compliance processes and aims to penetrate new geographic markets, including targeted expansion into Europe and Asia by late 2024.
Who invested in Koop Technologies
6 investors across 2 rounds
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Questions about Koop Technologies
Who invested in Koop Technologies?
Koop Technologies has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Koop Technologies raised?
Koop Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Koop Technologies last raise money?
Koop Technologies's most recent round on record is a Seed, in Jun 2023.
What does Koop Technologies do?
Based in the US, Koop Technologies, Inc.
Where is Koop Technologies headquartered?
Koop Technologies is headquartered in Pittsburgh, US.
Which VCs invest in companies like Koop Technologies?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Koop Technologies's stage. Their profiles are linked below.
VCs backing insurance startups at Seed
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