- Slice of Technology
- Posts
- Trustero Secures $10.35M Series A to Revolutionize AI-Powered Compliance
Trustero Secures $10.35M Series A to Revolutionize AI-Powered Compliance
Slice of Technology Team
November 26, 2024
Key Highlights:
Trustero closes $10.35M Series A funding, led by Bright Pixel Capital with contributions from Engineering Capital, Zetta Ventures Partners, and Vertex Ventures US.
Trust Graph innovation delivers instant compliance insights by integrating diverse data sources like GRC platforms and cloud providers.
Chassi achieved 10x time savings and a 75% reduction in audit costs using Trustero AI for ISO 27001 compliance.
New leadership hire: George Totev joins as Chief Information Security Officer, bringing expertise from Snowflake, Atlassian, and The World Bank.
Funds will accelerate AI advancements, scale operations, and expand market reach in security and compliance.
Source: Business Wire
Notable Quotes:
“With Trustero, organizations no longer need to be weighed down by compliance. We offer human-quality, actionable GRC intelligence in seconds, without the high fees. The Trust Graph is our secret weapon, allowing us to ingest diverse data sources from GRC platforms, cloud providers, and more, delivering insights instantly.”
“For our organization, the time savings were substantial—approximately 10-to-1 overall, and for my role, the efficiency gains approached 100-to-1.”
Our Take:
Trustero’s latest funding milestone underscores the growing demand for efficient, AI-driven solutions in governance, risk, and compliance (GRC). The Trust Graph positions Trustero as a leader in transforming traditionally labor-intensive workflows into agile, cost-effective processes. With notable partnerships and industry-leading innovations, the company is poised to set a new standard for compliance intelligence.
Reply