Secured Funding of 14 Million Euros Obtained by Kertos
In a significant move for European businesses, Munich-based startup Kertos has secured €14 million in Series A funding. The funding round was led by global fintech investor Portage, with participation from existing investors Pi Labs, Redstone, 10x Founders, and Seed + Speed Ventures.
Kertos, founded by Kilian Schmidt, aims to make compliance a strategic asset for every European company. By eliminating tedious work and significantly reducing costs, Kertos is poised to revolutionise the compliance landscape.
The startup's unique offering lies in its AI-native platform, which automates the entire compliance process. AI agents in Kertos handle processes from asset capture to risk assessment, documentation, and monitoring. This automation is particularly beneficial for medium-sized companies, which can automate manual tasks, and for large corporations, which use Kertos to replace fragmented processes with AI.
Kertos is not just another compliance software; it sets new standards. By prioritising customer pain points and the fastest path to value, the platform supports European companies with regulations, certifications, and governance. The startup's vision and execution have impressed Portage, with Helène Falchier, a Partner at Portage, praising Kertos' potential.
Kertos already boasts a impressive client list, including Personio, Blacklane, NeoTaste, and Pliant. The platform's ability to streamline compliance processes has also caught the attention of startups seeking to accelerate their enterprise deals.
AI is increasingly embedded in critical business processes, and Kertos is uniquely positioned to create the security and control framework that organisations need. As Kertos continues to grow, it is creating the foundational infrastructure for modern governance at scale. By mastering the balancing act between efficiency, security, and regulatory adaptability, Kertos is set to transform the compliance landscape across Europe.
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