Strike Graph, a Seattle, U.S-bases compliance automation startup, secured $8 million in Series A funding, led by Information Venture Partners, investors in the next generation of leaders in B2B FinTech and Enterprise SaaS.
All of the previous investors from the seed round, Madrona Venture Group, Amplify.LA, Revolution’s Rise of the Rest Seed Fund, and Green D Ventures also participated in this round.
Strike Graph will use the new capital to expand its offerings to support FEDRAMP, NIST, and other customer third-party frameworks. It will also establish a global presence in new areas like Canada, with Information Venture Partners’ assistance in that region. The startup is actively hiring for engineering, marketing, and product roles, in addition to solution reach, customer support, and security/compliance expert positions.
Company: Strike Graph Inc.
Raised: $8.0M
Round: Series A
Funding Month: September 2021
Lead Investors: Information Venture Partners
Additional Investors: Madrona Venture Group, Amplify.LA, Revolution’s Rise of the Rest Seed Fund, and Green D Ventures
Company Website: https://strikegraph.com/
Software Category: Compliance SAAS solution
About the Company: Strike Graph is a compliance SAAS solution simplifying security certifications such as SOC 2 Type I/II. These certifications dramatically improve revenue for B2B companies. Our platform empowers companies to rapidly deploy a risk-driven security program. After setup Strike Graph collects evidence for auditor review via automation and API-driven integration to common business systems & infrastructure.
Source: https://www.businesswire.com/news/home/20210914005275/en/Compliance-Automation-Startup-Strike-Graph-Raises-8-Million-Series-A-Funding