Trustero, a Palo Alto, CA-based provider of a Compliance as a Service platform for emerging enterprises, raised $8M in Seed funding.
The round was led by Zetta Venture Partners with participation from Engineering Capital and Vertex Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Phillip Liu, Trustero provides emerging enterprises with a SaaS platform that manages regulatory compliance by undertaking vulnerability assessments, security risk analyses, and other measures to ensure that all business processes and systems remain fully compliant.
The solution includes pre-packaged intelligent controls mapped to SOC 2 Trust Services. It automatically checks controls and evidence for compliance and sends alerts if any become non-compliant. Unlike any other platform, Trustero uses Artificial Intelligence (AI) to provide remediation suggestions on fixing the problem. In addition, it can pinpoint what other companies have presented to auditors that enabled them to meet compliance.
FinSMEs
25/03/2022