The platform, equipped with over 150 integrations and robust API connectors, seamlessly integrates with existing business systems. This allows for a real-time view of security and compliance posture, a crucial aspect in today’s digital landscape where businesses share their digital footprint with others
Sprinto, a security compliance automation platform, has recently secured a significant fundraise of USD 20 million, marking a milestone for the company. Founded by Girish Redekar, Sprinto boasts an AI-powered intelligent automation system that drastically reduces the manual effort required for businesses to ensure compliance. According to Redekar, this technology has the potential to transform compliance processes from taking months to mere days.
The platform, equipped with over 150 integrations and robust API connectors, seamlessly integrates with existing business systems. This allows for a real-time view of security and compliance posture, a crucial aspect in today’s digital landscape where businesses share their digital footprint with others.
Redekar emphasised the importance of trust in a world where every business has a digital presence. He stated, “Security, risk, and compliance will eventually become the currency of trust.” Sprinto not only aids businesses in achieving compliance but also helps them establish and strengthen trust with external stakeholders by showcasing robust security and privacy practices.
In an interview, Redekar highlighted the specific challenges businesses face in maintaining compliance and privacy standards. These include the time-consuming nature of conventional compliance methods, difficulty in keeping up with regulatory changes, and the challenge of demonstrating security practices to external parties.
Addressing these challenges, Sprinto’s platform leverages intelligent automation and AI to adapt to the dynamic nature of real-world businesses. Redekar likened the difference to that between a car with cruise control and a self-driving car, emphasizing the platform’s ability to handle complex scenarios.
Differentiating itself in the rapidly evolving governance, risk, and compliance (GRC) market, Sprinto offers a comprehensive solution that combines automation, high fidelity, and trust-building measures. Redekar explained that while legacy GRC systems lack automation, many automated solutions struggle to adapt to the complexities of modern businesses. Sprinto bridges this gap by offering a solution that not only reduces manual effort but also gathers error-free and verifiable evidence.
The recent USD 20 million funding round, led by Tier-1 VCs including Accel, Blume, and Elevation, will fuel Sprinto’s expansion plans. Redekar outlined three main initiatives for deploying the investments: accelerating the product roadmap, enhancing customer experience, and expanding the platform’s commercial reach.
Looking ahead, Sprinto envisions a future where establishing trust between businesses is convenient and simple. By simplifying compliance processes and fostering trust, Sprinto aims to accelerate business-to-business commerce globally.
Thousands of companies across 75 countries have already implemented Sprinto’s platform, achieving significant outcomes such as eliminating months of manual effort, enhancing security, and confidently expanding into new markets.