Complyance secures $20M Series A to expand AI-native GRC agents

On Wednesday, Complyance announced it has raised $20 million in a Series A funding round led by GV. The investment brings the startup’s total funding to $28 million to date. Other participants in the Series A round include Speedinvest, Everywhere Ventures, and angel investors affiliated with Anthropic and Mastercard. Founded by Richa Kaul, the company came out of stealth—a period where a startup operates without public disclosure of its product or business model—in 2023, though its first product did not go to market until the end of 2024. Kaul noted that GV approached the company directly for the investment.

The startup uses AI agents to automate manual governance, risk, and compliance (GRC) tasks. GRC refers to the framework companies use to manage their overall governance, enterprise risk, and compliance with regulations. According to Kaul, the founder of Complyance, “The AI basically automates a number of manual tasks” by running checks on incoming data against specific criteria and risk thresholds, then flagging risks for review. While these reviews traditionally take weeks or months when done manually, Complyance aims to run continuous checks in seconds. The platform currently has 16 agents, including one that assesses the risk of third-party vendors. Kaul stated that the company plans to release 30 more purpose-built agents to expand its capabilities, and will use the fresh capital to help with go-to-market expansion.

Complyance operates in a market alongside established incumbents such as Archer, ServiceNow GRC, and OneTrust. However, the company differentiates itself by being AI-native, meaning its software is built from the ground up using artificial intelligence rather than layering AI features onto legacy software. Kaul declined to disclose the company’s exact customer count but noted that Complyance currently works with a few Fortune 500 companies. According to Kaul, GV approached the startup because the venture firm had been searching for an AI-led product designed for enterprises that was successfully winning over enterprise clients, which Complyance was doing.

Why it matters

Complyance is shifting the GRC market from periodic, manual audit-based processes to continuous, AI-driven monitoring, aiming to reduce the operational burden on enterprise compliance teams.