Kertos raises €4 million seed round to accelerate growth in privacy and compliance automation
Kertos is the first true data privacy and compliance automation product in Europe, leading the next generation of European privacy technology. Through its no-code system integrations and automated privacy workflows, Kertos closes the gap between data privacy regulation and its operational execution. The Kertos Privacy OS puts privacy operations first, enabling cross-functional teams to focus on their business again while embracing privacy rights.
Kertos turns privacy regulations into effortless compliance. No more headaches, no more uncertainties, no more risks. Executing regulatory demands and automating privacy operations was never this easy.
Kertos is thrilled to announce their 4 million EUR seed round led by Redstone/VR Venturesfrom Berlin with the participation of Pi Labs (London), seed + speed ventures (Berlin) while existing investors 10x Founders, xdeck, and Superlyst double down on their initial investments only 10 months after the pre seed round.
"We are excited to have again gained such strong partners in this financing round," said Kilian Schmidt, CEO of Kertos. "The participation of Redstone, seed + speed Ventures, Pi Labs, and all existing investors shows the strong execution of our team and the quick adoption to address the operational needs of existing customers such as Gorillas, McMakler, or Wellster Healthtech. With these additional funds, we will expand our product range, introduce AI-driven compliance automation, and will provide our solutions to a wider range of customers."
"We are impressed by the technical excellence and vision of the Kertos team and are delighted to be a part of their growth story," said Philipp Werner, Redstone/VR Ventures. "Through its no-code solution, Kertos secures a seamless execution of global privacy & compliance regulations and implement processes with minimal personnel involvement. In an ever-increasing digital economy, for many organizations processing (personal) client data becomes the operational backbone and, therefore, a compliant and efficient data storage/management is crucial."
„The built world is undergoing a digital transformation with more and more software applications being implemented across major real estate groups globally. As the industry crosses the chasm between ‘analog’ and ‘digital’, it is dealing with a meteoric rise in the volume of data being processed, elevating the importance of data privacy in the software systems deployed.
“Privacy is a defining social, governance and corporate issue of our time. With Kertos’ strong track record of navigating these challenges, we are confident in the team’s potential to contribute to greater business resilience, improving how businesses operate in today’s regulatory landscape,” said Faisal Butt, Founder and Managing Partner, Pi Labs.
The additional funds enable Kertos to invest in the further development of their technology platform, expand their product line, and continue to grow their customer base. Additionally, Kertos is entering into new partnerships and collaborations in the coming months to further establish their influence in the industry.