Friday, October 18, 2024
9.5 C
New York

Risk management platform Certa’s twice-oversubscribed Series B raises $35m

Certa, a risk management solutions provider, raised $35 million in a Series B funding round, led by Fin Capital and Vertex Ventures SEAI, with participation from other investors.

Facts

  • Certa raised $35 million in a Series B funding round, led by Fin Capital and Vertex Ventures Southeast Asia and India (SEAI).
  • Existing investors, including Point72 Ventures, BDMI, Mantis VC, Goat Capital, and Aglae Ventures, also participated.
  • The total amount raised by Certa since its inception is now $50 million.
  • Certa helps global supply chains coordinate multiple suppliers and manage risks, offering solutions in procurement, compliance, ESG, and legal.
  • The funding will support Certa in advancing its go-to-market strategies and exploring emerging technologies like generative AI.
  • Certa plans to expand into high-growth markets like Europe.
  • Fin Capital’s founder, Logan Allin, has been appointed to Certa’s board.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...
Exit mobile version