Berlin-based VC Redstone / VR Ventures is leading Kertos' seed round. Alongside Seed + Speed, London-based investor Pi Labs is also participating in the Munich residents All existing investors – the Munich-based backers 10x Founders and Superlyst, as well as Cologne-based Xdeck – doubled their investment as part of the round.
Kertos was founded in November 2021 by Kilian Schmidt, Johannes Hussak, and Alexander Prams. The company claims to offer the first European data protection and compliance product that automates operational business processes. Kertos' solution requires no programming skills for implementation.
“We were immediately impressed by the technical excellence and vision of the Kertos team and are excited to now be part of their growth story,”
says Philipp Werner from lead investor Redstone/VR Ventures.
"With its innovative no-code solution, Kertos ensures seamless implementation of global data protection and compliance regulations and implements processes with minimal personnel effort. In an increasingly digitized economy, the processing of (personal) data is business-critical for many companies. Legally compliant and efficient data management and the associated process management are therefore crucial."
Kertos: Investment “underlines the outstanding performance of our team”
The Munich-based company intends to invest the fresh funds in the further development of its technology platform, expand its product range and further expand its customer base.
“We are very pleased that we have once again been able to win such strong partners in this round,”
says Kilian Schmidt, CEO of Kertos.
“The participation of Redstone, Seed + Speed and Pi Labs as well as all existing investors underlines the outstanding performance of our team and shows how quickly we are able to solve the operational challenges of our customers such as Gorillas, McMakler or Wellster Healthtech to implement sustainably. With the new funding, we will expand our product range, introduce our AI-driven compliance automation, and make our solutions available to an even broader customer base."
