AuditCue Raises $1.5 Million In Seed Round Led By Kalaari Capital
Summary
Chennai-based AuditCue, an audit, and risk SaaS start-up, has raised $1.5 Mn in a seed funding round led by Kalaari Capital. The capital infusion will be allocated towards product development, accelerating the go-to-market strategy, and growing the engineering team, said the company.Founded in 2022 by Gaurav Kulkarni and Naren Janakiraman, AuditCue calibrates, guides, and streamlines all actions that are part of an audit lifecycle. The start-up elevates customers audit and risk programs, speeds up audit cycles, and improves process resiliency without compromising on agility.Gaurav Kulkarni, co-founder and CEO of Auditcue says, AuditCue is built for CISOs in regulated markets who keep pace with multiple compliance regimes. With this funding round, we aim to expand further into our primary geographic markets of North America, India, and the EU.Vani Kola, founder and managing director of Kalaari Capital, says The $120B global audit and GRC market is ripe for disruption with new-age tools. The founding team brings complementary skills and we are excited to back their vision.AuditCues SaaS solution elevates customers audit and risk programs, speeds up audit cycles, and improves process resiliency without compromising on agility.