Secures a substantial sum of 14 million euros by Kertos
Kertos, a forward-thinking startup based in Munich, has announced that it has secured €14 million in its Series A funding round. The funding round was led by global fintech investor Portage, with participation from existing investors PiLabs, Redstone, 10x Founders, and Seed + Speed Ventures.
Kertos prioritizes addressing customers' pain points and delivering value quickly. The company's unique platform is designed to automate the entire compliance workload, making compliance a strategic asset for European companies. As AI becomes increasingly embedded in critical business processes, Kertos is uniquely positioned to lead the way.
Portage was impressed by Kertos' vision and execution. Helène Falchier, a Partner at Portage, expressed her excitement about the investment, saying, "Kertos is creating the foundational infrastructure for modern governance at scale. Their AI-native platform sets new standards for compliance software and addresses the growing complexity of the European regulatory landscape."
Kertos' platform supports European companies with regulations, certifications, and governance. It combines expert knowledge with a powerful operating system, enabling AI agents to handle processes from asset capture to risk assessment and documentation to monitoring. This streamlined approach has already attracted clients such as Personio, Blacklane, NeoTaste, and Pliant.
Large corporations and medium-sized companies alike are using Kertos to replace fragmented processes with AI. By automating manual tasks, these organisations can focus on their core business activities, while Kertos ensures compliance and governance are handled efficiently and effectively.
Kilian Schmidt, the Co-Founder and CEO of Kertos, said, "We are thrilled to have the support of Portage and our existing investors as we continue to grow and scale our platform. Our mission is to create the security and control framework that organisations need in today's complex regulatory environment, and we are excited about the opportunities that lie ahead."
With this new funding, Kertos plans to accelerate its growth and expand its platform to meet the demands of an ever-evolving market. The company is committed to helping European companies navigate the complexities of compliance and governance, and to making compliance a strategic asset rather than a burden.
In conclusion, Kertos' Series A funding round is a significant step forward for the company and the compliance industry as a whole. With its innovative AI-native platform, expert knowledge, and commitment to delivering value quickly, Kertos is well-positioned to lead the way in modern governance at scale.
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