Copla, a Vilnius-based ICT compliance platform serving regulated European firms, has raised €6m in a Series A round to accelerate product development and international expansion.
The round was led by Iron Wolf Capital, with participation from Operator Stack and existing investors Specialist VC, SuperHero Capital, FirstPick, NGL Ventures and Loggerhead Partners.
The company will use the funding to expand its product offering, grow its team and scale beyond the EU.
Founded in 2023, Copla now serves more than 100 regulated customers across Europe and has reached seven-figure annual recurring revenue within just over a year of its previous seed round. The company positions itself as an operational compliance layer, translating frameworks such as DORA, the EU Artificial Intelligence Act and the Cyber Resilience Act into guided, evidence-based workflows.
Its platform replaces static spreadsheets and registers with real-time tracking of assets, vendors, risks and controls, aiming to keep firms continuously audit-ready. In addition to its software, Copla provides in-house and fractional CISO support and works with partner providers across Europe.
Copla co-founder & CEO Aurimas Bakas said, “Regulation is getting sharper, but most compliance is still stuck in spreadsheets. We built
Copla so compliance stays current by default, and so companies can grow with confidence instead of audit anxiety. This round gives us the momentum to make Copla the default compliance execution layer for regulated finance in Europe and beyond.”
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