Risk and compliance software company Compyl lands $12m to scale AI-led GRC platform

Risk and compliance software company Compyl lands $12m to scale AI-led GRC platform

US-based GRC platform Compyl has raised $12m in a Series A funding round led by Venture Guides, with participation from existing investors including Contour Venture Partners, Armory Square Ventures, nvp capital, Alpine Meridian Ventures, Brooklyn Bridge Ventures, and Zelkova Ventures.

Founded in 2020, Compyl offers an AI-guided governance, risk and compliance solution that unifies enterprise data, automates risk management, and ensures continuous compliance. Its platform provides real-time insights and configurable workflows without the need for custom development.

The new funding will support Compyl’s go-to-market expansion, further development of its AI capabilities, and key hires across departments. The firm has doubled its customer base annually and achieved triple-digit ARR growth over the past two years.

Venture Guides partner Anton Simunovic said, “Mid-market enterprises grapple with rising regulations, auditor scrutiny, data growth, cross-functional coordination, and expanding vendor networks—all escalating compliance and security risks.

“Customers love how Compyl uniquely ingests and correlates all relevant data, automating workflows to save time and proactively mitigate risks. We’re excited to support Compyl’s growth.”

For more, visit RegTech Analyst.

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