Shujinko, based in Seattle and spun out from Pioneer Square Labs, provides a SaaS platform that automates cloud compliance and audit preparation. The product unifies cloud compliance know-how with automation to implement technical controls and documentation, significantly reducing the manual hours required for audits. The company says customers can achieve SOC 2 compliance in AWS in a matter of days versus months, without consuming thousands of hours of internal staff time. Founded by Scott Schwan and Matt Wells, who have led large-scale audits at major retailers, Shujinko targets CIOs, CISOs, and CTOs for enterprise cloud compliance. The company plans to use new capital to accelerate development of its SaaS platform and continue hiring engineering talent. Shujinko has raised $10.3 million in total capital to date. Shujinko is a cloud security compliance platform that automates the IT-audit evidence-collection process for large cloud-based businesses. The company emerged from stealth out of startup studio Pioneer Square Labs and is based in Seattle. Its founders, Scott Schwan and Matt Wells, previously served on Starbucks’ cloud engineering team and joined Pioneer Square Labs as entrepreneurs-in-residence after leaving Starbucks in January. Shujinko’s product aims to eliminate months of manual effort by automatically gathering audit evidence such as firewall and OS configurations. The company targets cloud-based IT businesses with at least 50 million users. Shujinko raised external capital in a seed financing to support its rollout from the studio.

Total raised

$10M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2019