6clicks raises $10m for its AI-powered GRC platform

6clicks raises $10m for its AI-powered GRC platform

6clicks, an AI-powered GRC platform, has collected $10m in its Series A funding round, which was led by Centerstone Capital.

This capital injection will help 6clicks accelerate its growth through investments into its technology. It also plans to bolster its global customer base and partnership network.

Over the past year, the RegTech company has quadrupled its user base to over 3,000 and partners to 80.

Through AI and advanced reporting, 6clicks helps organisations transform their governance, risk and compliance framework, obligations and processes.

The company claims that its success has been driven by its unlimited user licensing model, integrated content, AI engine and powerful reporting capabilities.

Its AI-powered GRC platform can be deployed within hours and its Hub & Spoke architecture means companies can deploy GRC capability for distributed teams, business functions or operating entities in minutes.

6clicks founder and CEO Ant Stevens said, “Risk management is obviously critical for businesses, and the complexity and burden of compliance mean companies need software that’s easy to use.

“It’s such an exciting time. Our business has quadrupled in the last year, and there are millions of businesses and advisors we can support with our next-generation GRC platform.”

Alongside the funding round, Centerstone Capital co-founder John Meacock will join the 6clicks board of directors.

Last year, 6clicks was named in the RegTech100 list. This was the fifth edition of the RegTech100, which identifies the most innovative technology providers that are offering products for compliance, risk management, information security and financial crime.

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