ComplianceQuest, a Tampa, Fla.-based Salesforce-based Enterprise Quality Management System (EQMS), raised $36M in Series A funding.
The round was led by Insight Partners. As part of the transaction, Insight Partners’ Peter Sobiloff, Managing Director, and Jon Rosenbaum, Vice President, will join the company’s Board of Directors.
The company intends to use the funds to expand its commercial presence globally, enter new markets, expand the capabilities of the product suite, and scale its customer success group.
Led by Prashanth Rajendran, co-founder and CEO, and Atulya Risal, co-founder and CTO, ComplianceQuest provides a Salesforce-native suite of applications that support end-to-end quality management processes in the Life Sciences and Manufacturing verticals. Its focus in on quality and risk management across the entire value chain, from sourcing to manufacturing to supply-chain. The application suite leverages built-in AI capabilities of the Salesforce platform to allow customers to see further value by not just predicting actions, but also automating mundane, repetitive, and complex tasks.