Governance, risk and compliance platform startup Scrut Automation raises $7

Governance, risk and compliance platform startup Scrut Automation today announced that it has raised $7.5 million in new funding to simplify risk management and infosecurity compliance, deepen its risk observability and management capabilities and expand its presence in the U.S. market. Including the new funding, the company has raised $10.5 million to date, according to data from…

Including the new funding, the company has raised $10.5 million to date, according to data from Crunchbase.

Founded in 2021 as Riversys Technologies Pte. Ltd., Scrut Automation offers an information security monitoring platform that helps small and medium-sized cloud-native enterprises develop and maintain a robust security posture. The platform complies with security standards such as Service Organization Control 2, International Organization for Standardization 27001 and the European Union’s General Data Protection Regulation.

Scrut Automation argues that as the frequency and intensity of breaches have increased drastically, it’s imperative for cloud-native enterprises to continuously monitor their security posture and comply with multiple frameworks across geographies. This is where Scrut’s platform steps in.

The platform automates risk assessment and monitoring, building users what the company says is a unique risk-first infosec program that manages compliance audits and demonstrates trust all from a single window. It allows for the discovery and constant monitoring of cyber assets, with real-time risk monitoring ensuring continuous compliance.

Scrut Automation’s platform allows for collaboration between team members, auditors and penetration testers with automated workflows and artifact sharing. Users can create, assign and monitor tasks to manage daily compliance with automated alerts and reminders.

The company currently works with customers in India, Singapore and the U.S., providing them with a unified view of an organization’s compliance posture. Notable customers included Plotline Media Pte. Ltd., Freight Tiger Logistics Pte. Ltd. and Leadsquared Inc.

“We at Scrut have been hyper-focused on helping CISOs and InfoSec Heads across cloud-native companies build and maintain a risk-first security posture,” co-founder and Chief Executive Aayush Ghosh Choudhury, said in a statement. That enables “them, in turn, to become more agile in managing their risk and security posture and simplify compliance across 20+ InfoSec standards with ease,” he added.

MassMutual Ventures LLC led the round, with existing investors Lightspeed Management Co. LLC and Endiya Partners LLP also participating. As part of the deal, MassMutual will be assisting Scrut Automation in its U.S. expansion.