Scrut Automation, a risk compliance automation platform, has raised $7.5 million in a funding round led by MassMutual Ventures, with participation from existing backers, including Lightspeed India Partners and Endiya Partners.
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With this, The startup will focus on developing its product further and expand its presence across existing territories among mid-market enterprises. Scrut Automation works with firms in India, Singapore, and the United States.
Prior to this, It has raised $3 million as part of its seed round in February 2022 from Endiya and Lightspeed India Partners.
Started in 2021 by Aayush Ghosh Choudhury, Kush Kaushik, and Jayesh Gadewar, Scrut Automation said it helps small and medium cloud-native enterprises develop and maintain a robust security posture, and comply with various infosec standards such as SOC 2, ISO 27001, GDPR, and others.
The startup claims that companies have been able to reduce 70% of manual tasks in security and compliances.
“We, at Scrut, have been hyper-focused on helping CISOs and infosec heads across cloud-native companies build and maintain a risk-first security posture, enabling them, in turn, to become more agile in managing their risk and security posture and simplify compliance across 20+ infosec standards with ease,” said Aayush, CEO and Co-founder, Scrut Automation.
Source @Indianstartupnews
