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        Hyperproof, a compliance management company, has raised USD 40 million in a funding round led by Riverwood Capital, bringing its total raised funding to USD 66.5 million. Early-stage VC firm Tobal Capital, an existing investor, also participated in the round.
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        The company expects to use the funds to further develop its platform, hire additional staff, and invest in go-to-market activities.&nbsp;
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        According to the company, its valuation has doubled from nine months ago.
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    <a href="https://techcrunch.com/2023/08/30/hyperproof-compliance-startup-raises-40m/">
      TechCrunch
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Digital Privacy Tools

Compliance management company, Hyperproof, has secured $40 million in funding led by Riverwood Capital and participated in by existing investor Tobal Capital. This brings the company's total raised funding to $66.5 million. Hyperproof intends to use the funds to enhance its platform, expand its team, and invest in go-to-market strategies. The company's valuation has reportedly doubled in just nine months.

All Updates

Compliance and risk management startup Hyperproof raises USD 40 million

Hyperproof raises USD 16.5 million in Series A