Scrut Automation raises $10 Million in growth capital from Lightspeed, MassMutual Ventures and Endiya Partners
Apr 04, 2024
Bengaluru (Karnataka) [India], April 4: GRC platform Scrut Automation recently announced that it has raised $10 million in growth capital from existing investors Lightspeed , MassMutual Ventures and Endiya Partners. The company will use the funding to enhance their platform capabilities, incorporate generative AI use cases to reduce the manual effort for risk and compliance teams, and expand to North American and European markets. With this round, the company has now raised $20.5 million in total venture funding since its inception in 2021.
Read More ..