202112 Jan

VComply Secures $6 Million Series A to Accelerate Expansion in US Market

Summary

PALO ALTO, Calif.--(BUSINESS WIRE)--VComply, a leading GRC management platform, announced the close of a preemptive $6 million Series A in funding from Counterpart Ventures and Accel, which will help further fuel the companys go to market operations in the US. The platform was built from the ground up with its engineering team in Kolkata, India, and the company most recently hired top tier talent in senior sales and operations roles. They have a tremendous opportunity ahead to expand their business in the US, and were looking forward to working with them on this journey.” VComply provides a powerful solution set that standardizes compliance processes through a central management dashboard which is accessible via desktop or mobile. While it’s designed as an enterprise-level system, organizations of any size can use VComply to assign responsibility for hundreds of internationally recognized compliance requirements to individuals and departments across their business, streamlining this otherwise complicated process and saving significant time and money. Based on the principle of EVASTM (Entrust, Verify, Analyze and Sustain), VComply enables companies to assign compliance responsibilities, and then categorize them under laws, certifications, audits or regulations & standards.

Source: Businesswire

Funding

$6M
Amount
Jan 12 2021
Date
-
Investor
VComply
Company

Classifications

Companies