Certa, an enterprise automation platform, has proudly announced its Series A investment round, achieving a total of $15m.
This significant funding round was steered by Point72 Ventures and saw participation from several esteemed investors, including tech luminary Justin Kan, Dropbox’s co-founder and CEO, Drew Houston, as well as Mantis VC and several other contributors.
Diving deeper into Certa’s functionalities, the company primarily addresses the challenges related to vendor and partner onboarding. These processes, frequently found within enterprises, are notoriously lengthy, unclear, and strenuous. The increasing concerns around data security, the mounting privacy regulations, and the growing focus on ESG (Environmental, Social, and Governance) magnify these challenges. Certa’s solution lies in its capability to diminish onboarding durations and enhance transparency by automating the complete third-party lifecycle tailored for enterprises.
With this new infusion of capital, Certa plans to further its mission of streamlining cross-company cohesion. “The modern business ecosystem requires an increasing amount of collaboration between companies, but the process for enabling this cross-company cohesion is often a manual, time-intensive experience,” Certa founder and CEO Jag Lamba said. “It doesn’t need to be this way. Our platform was built out of necessity to help our customers onboard third-party vendors, partners, and customers quickly and efficiently so they can get back to business.”
Furthermore, Certa offers businesses an opportunity to connect securely and effortlessly. Its state-of-the-art software directs entire workflows across various segments like compliance, procurement, privacy, information security, and financial systems. A remarkable feature is its low code/no-code technology, enabling procurement teams to autonomise vital processes without leaning on IT support.
To date, Certa has facilitated the onboarding of over a million firms from 120 nations, delivering its services in 17 languages. Some of its esteemed clients, a list boasting the names of top-tier retailers, aerospace entities, credit card corporations, tech behemoths, and several others, were actively involved in heralding Certa’s Series A announcement.
Further endorsing Certa’s vision, Tripp Shriner, Partner at Point72 Ventures, shared his insights, “Whether a vendor, customer, or partner, there is a growing demand to find the most secure, efficient, and comprehensive way to integrate and scale business processes. Certa allows businesses to automate the third-party journey so they can move faster and focus on what’s most important.”
Adding to the praises, Justin Kan, Twitch’s founder and a notable tech visionary, mentioned, “Certa enables connection. In a world where businesses are working remotely with thousands of other organizations, connection is key.” Meanwhile, Andrew Taggert, co-founder of Mantis VC and a member of the Grammy-awarded group The Chainsmokers, also expressed his anticipation for Certa’s impending growth journey.
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