PolicyCo, a Nashville TN-based company using technology to streamline the business compliance journey, raised $1.5M in seed funding.
The round was led by Powered Health, a Nashville-based firm that commits capital and management services to early-stage healthcare SaaS and technology businesses.
The company intends to use the funds to scale sales and marketing efforts as well as execute and expand upon its product roadmap.
Founded by Bill Butler and Adam Ochstein, PolicyCo provides a cloud-based compliance management platform for emerging and mature companies to incorporate structure into their policies. The system dynamically links policy and procedures to external auditory and regulatory frameworks, introducing the concept of policy management system to today’s compliance ecosystem.