Laika

Laika provides a platform for businesses to implement compliance practices that meet regulatory requirements such as the GDPR and CCPA. The platform unifies customizable automated information security (InfoSec) workflows, security audits, risk assessment, monitoring, and vendor due diligence solutions. Laika also supports companies by providing them with dedicated on-call compliance architects and a customer service manager to guide them through the compliance processes and attain security certifications. The platform has pre-built integrations such as AWS, GitHub, and Datadog for evidence gathering that verifies whether a company has adapted InfoSec and privacy policies. The company has trained more than 3,000 employees in security certification courses and offers its platform under a software-as-a-service (SaaS) monthly subscription model.

Key customers and partnerships

In 2022, Laika’s customer base grew by fourfold to 500, with 87% of its customers using its subscription package. Notable clients include Blooma, Artis, Orum, and Peach.

Funding and financials

In November 2022, the company raised USD 50 million in a Series C funding round, led by Fin Capital. The funds were used to support its product development, and accelerate sales, marketing, and strategic partnerships.

In 2021, Laika’s active user base grew by over 1000% and the employee headcount increased by 50%. As of October 2021, Laika reported a 4.5x year-over-year growth in annual recurring revenue (ARR).