Sprinto raises $20M in Series B led by Accel to automate security compliance management and expand customer base
Apr 09, 2024•over 1 year ago
Amount Raised
$20 Million
Round Type
series b
San FranciscoInformation TechnologySoftwareInvestors
Blume VenturesElevation CapitalAccel
Description
Sprinto has raised a $20 million Series B round to further develop automation in its compliance management platform and to broaden its customer base. The company aims to streamline security compliance management and expand its intelligent automation capabilities.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech