# Sprinto Technology Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sprinto-technology-private

- Industry: Software
- Headquarters: Bengaluru, India
- Website: www.sprinto.com
- Total disclosed funding: $31M
- Latest round: Series B (Apr 18, 2024)
- Investors on record: 4

## About

Based in Banglore, India, and founded in 2019, Sprinto Technology Private Limited d/b/a Sprinto, is a developer of a compliance automation platform that helps cloud-hosted companies obtain InfoSec (Information security) compliance attestation in an easy and faster way. The company was co-founded by Raghuveer Kancherla and Girish Redekar (co-founders of Recruiterbox), and in February 2022, the firm raised USD 10 million in series A funding led by new investor Elevation Capital, with participation from another new investor Accel. The company’s client portfolio includes Qapita, hp, MobStac, Clockwork, NIUM, cometchat, Growfin, and Docsumo, among many others.

Sprinto Technology Private Limited is a compliance automation platform that helps Software-as-a-Service (Saas) companies attain various compliances such as SOC 2, ISO27001, GDPR, and HIPAA, among others, allowing them to quickly qualify vendor security evaluations and close business deals. The company's platform contains compliance checklists, adaptable to match client needs, and its automated evidence collection, and continuous compliance monitoring systems collects and tracks processes, and alerts appropriate teams in the event of a policy violation or process mismatch, allowing them to fix issues and be prepared for compliance assessment. Customers can choose from any of Sprinto's audit partners, and the company guarantees compliance attestation in fewer than 14 days.

Sprinto Technology Private Limited intends to use the February 2022 funding to scale its team across key functions and Research and Development (R&D).

## Funding rounds

- Series B, Apr 18, 2024, $21M — Accel, Elevation Capital, Blume Venture Investment Manager
- Series A, Jan 17, 2022, $10M — Accel, Elevation Capital, AL trust, Blume Venture Investment Manager

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B
- Elevation Capital — Series A, Series B
- AL trust — Series A
- Blume Venture Investment Manager — Series A, Series B