Complyance Secures $20 Million in Series A Funding to Transform GRC with AI
Complyance, a leading AI-native enterprise government, risk, and compliance (GRC) platform, has announced a significant $20 million Series A funding round. This investment, spearheaded by Google Ventures (GV), marks a pivotal moment for the company as it aims to modernize GRC processes through advanced agentic AI technology.
Funding Details and Investor Support
The funding round was led by Google Ventures, with continued participation from existing investors Creandum, HV Capital, Speedinvest, and Everywhere Ventures. New angel investors include key figures from the security and GRC leadership at Anthropic and Mastercard, among others. This robust backing underscores the growing confidence in Complyance's innovative approach to automating complex compliance tasks.
Accelerating Innovation and Expansion
The newly acquired funds will accelerate Complyance's go-to-market expansion and bolster its market-leading agentic AI innovations. Specifically, the company plans to deploy over 30 additional AI agents in 2026, targeting areas such as end-to-end third-party risk management and framework-specific solutions for HIPAA, ISO, and NIST standards. These agents are designed to automate manual workflows, enabling GRC teams to focus on strategic initiatives rather than administrative tasks.
How Complyance AI Agents Work
Complyance's platform centralizes risk and compliance data across organizations, integrating seamlessly with existing systems. Its embedded AI agents utilize domain expertise and human-like reasoning to provide proactive automation. This includes reviewing evidence, assessing vendors, tracking risks, and more, all while producing auditable outputs and consulting humans for critical decisions. This approach allows enterprises to automate up to 70% of manual GRC work, enhancing efficiency and risk observability.
Leadership and Vision
Richa Kaul, founder and CEO of Complyance, emphasized the company's mission: "I started this company to power compliance with a 'why.' By automating manual work, we unblock GRC teams to focus on protecting businesses and customers. Our AI agents handle tasks like evidence preparation and risk flagging, freeing teams for higher-value activities."
Luna Schmid, Partner at GV, added, "Complyance's product combines AI power with the nuance of enterprise GRC operations. We're backing them because they're redefining the category through an agentic model that could set an industry standard."
Client Impact and Industry Reception
Fortune 500 companies and global enterprises, including CVS Health, Dropbox, Major League Soccer, and Wellstar Health System, already rely on Complyance's platform. Tim Somrah, VP of Information Security at Major League Soccer, noted, "Complyance delivers AI, configurability, and white-glove service for enterprise GRC, which is essential for our organization and as a security leader."
As regulatory environments grow more complex, enterprises are increasingly turning to AI solutions like Complyance to manage GRC needs effectively. The platform's ability to automate controls monitoring, audit preparation, vendor onboarding, and policy lifecycle management positions it as a critical tool for modern businesses.
