Apiax, a Zurich, Switzerland-based RegTech startup empowering enterprises with digital compliance solutions, completed a $6.6m Series A funding round.
The round was co-led by e.ventures and XAnge with participation from prior investors Peter Kurer, DIVentures, Swiss ICT Investor Club (SICTIC), Zürcher Kantonalbank and Tugboat.
The company intends to use the funds to strengthen product development and continue to build its interdisciplinary team of legal and technology
experts across all locations.
Founded in 2017 and led by Nicolas Blanchard and Philip Schoch, Apiax provides a technology platform that gives everyone access to compliance knowledge and enables companies to build digital solutions which are compliant by design.
The company’s team is comprised of legal, technology, and product experts with offices in Zurich, Lisbon, and London.