Scrut Automation
Indiqube Ascent 420, Mahakavi Vemana Road, KHB Block Koramangala, Koramangala 4-B Block, 5th Block, Koramangala, Bengaluru, Karnataka, India
Overview
Scrut Automation is a SaaS-based Governance, Risk, and Compliance (GRC) platform that enables risk and compliance teams to establish scalable security controls and automate workflows. The platform consolidates processes and eliminates the need for multiple legacy tools and spreadsheets, providing complete visibility into organizational risks. Scrut’s product is designed to reduce compliance workloads and simplify audits through automation. The company has announced a $10M funding round to enhance its platform capabilities. It plans to incorporate generative AI use cases to reduce manual effort for risk and compliance teams. Scrut also intends to use the funds to expand into North American and European markets. Scrut Automation offers a GRC automation and information security monitoring platform designed for cloud-native SaaS, Fintech, and Healthtech companies. The platform helps early-stage and growth-stage customers establish and maintain enterprise-grade information security processes. It enables organizations to develop a strong security posture and to comply with standards such as SOC 2, ISO 27001, and GDPR. Scrut provides customers with a unified view of an organization’s compliance posture. The company works with customers in India, Singapore, and the US. Scrut intends to use recent funding to expand operations and broaden its business reach. Scrut Automation provides a full-stack information security (infosec) compliance platform designed to act as a virtual Chief Information Security Officer (CISO). The platform automates many labor-intensive compliance tasks by integrating with commonly used cloud and SaaS tools and automatically collecting hundreds of evidence artifacts. Scrut says it reduces CTOs' and compliance teams' effort in managing infosec compliance by about ~70%. The company also offers a single window to access external infosec resources such as auditors, subject matter experts, and penetration testers. Founded in 2021 and based in Bangalore, Scrut serves clients across India, Singapore, and the US. Future plans include enhancing automation capabilities and building the largest marketplace for infosec resources.
- Total raised
- $21M
- Funding rounds
- 3
- Latest round
- Equity
- Latest activity
- Apr 2024
Industries
- Information Technology
- SaaS
- Software
Recent funding
Equity
Apr 2024
$10M
Equity
Feb 2023
$8M
Seed
Feb 2022
$3M