Sprinto funding, investors and company details

Sprinto is an emerging Information Technology - SaaS startup from Bengaluru, working in the space of AI-native automation that enable continuous monitoring, evidence collection, and audit readiness.

Company: Sprinto Compliance Private Limited
Sector: Information Technology - SaaS
Location: Bengaluru
Total funding raised: ₹242.39 Cr

Company overview

Sprinto is a Bengaluru-based compliance automation SaaS platform founded in 2020 by Raghuveer Kancherla and Girish Redekar.Sprinto automates Governance, Risk, and Compliance (GRC) for SaaS companies, supporting 200+ frameworks like SOC 2, ISO 27001, GDPR, HIPAA, and PCI-DSS across 300+ integrations. It serves 3,000+ customers in 75+ countries (primarily US/Europe), achieving ₹48.1 Cr revenue in FY24 (2.5x growth) via subscription tiers (Starter, Professional, Advanced). Backed by $20M Series B (Accel, Elevation Capital), it employs 201-500 people with HQ now listed in San Francisco but core operations in Bengaluru.Sprinto aims to build the world's first autonomous compliance engine using AI-native tools (AI Playground, context-aware agents) for continuous audit-readiness—eliminating manual evidence collection, accelerating enterprise sales, and enabling fast-scaling SaaS firms to focus on core business while staying compliant 10x faster.

Funding rounds

Latest round: $ 20.00 Mn (₹166.90 Cr.), 2024-04-09. Investors: Elevation Capital, Blume Ventures
Past round (Series A): $ 10.00 Mn (₹75.49 Cr.), 2022-02-10. Investors: Elevation Capital, Accel, Blume Ventures