Wednesday, February 28, 2024
HomeFundingsecjur, the Digital Compliance Office for businesses, has announced its seed funding...

secjur, the Digital Compliance Office for businesses, has announced its seed funding round

secjur raises €5.5 million in seed funding from Visionaries Club and other investors to revolutionize compliance process automation 

Hamburg-based startup secjur has developed the “Digital Compliance Office”, an AI-based compliance automation platform. After initially bootstrapping the development to market launch, the team has now announced the closing of a €5.5 million seed round. The round is led by Visionaries Club accompanied by Mario Götze, Nico Rosberg and other business angels. 

secjur automates processes in the Digital Compliance Office that are related to fields such as data protection, information security, anti-money laundering and whistleblowing. Using their tool, companies can solve compliance challenges at the speed of light. secjur plans to become the world’s leading provider in the relatively new sector of compliance automation. The product is already the market leader when it comes to data protection and information security in Europe.

The founding team, consisting of Niklas Hanitsch, Manuel Stahl, Simon Pentzien and Sven Moritz, was already very successful with secjur within the first few years: partnerships and customer relationships were established, e.g. with Mercedes Benz, Samsung, Yunex Traffic, 1KOMMA5°, MediaMarkt Saturn, Pantaflix, Klitschko Ventures and Tomorrow Bank. Over the past years, the team has grown to almost fifty employees. In addition, secjur and its Digital Compliance Office won first place in the German Startup Cup in the cybersecurity category. 

Co-Founder Niklas Hanitsch says:

“Compliance is as versatile as it is complex. Not only data protection requirements are becoming more and more extensive, but compliance in all kinds of areas. For example, many companies are required to implement an information security management system. In the coming years, many other compliance challenges will add to this, such as AI regulation. Regulation can help in protecting consumer rights and make both the digital and the real world a better place. Nevertheless, implementing compliance is very demanding and poses major challenges for companies. That’s where we jump in and support with our smart solution. ” 

Robert Lacher from lead investor Visionaries Club sees substantial added value for companies in the automation of compliance and thus almost limitless potential for secjur:

“Sadly, compliance has become a massive pain for businesses of all sizes since its management is manual, repetitive and expensive. secjur solves this by automating compliance for businesses of all sizes and allows them to manage it within one software. In the future, they will be part of every company’s IT stack.”

The collected capital is to serve the further development of the AI-based platform as well as the expansion within the DACH region and other markets.

Picture Founder Team (from left to right_ Niklas Hanitsch, Manuel Stahl, Simon Pentzien, Sven Moritz) ©NONA STUDIOS

Source COHORT GmbH

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