Saas Startup Auditcue Raises $1.5 Million In Funding Round Led By Kalaari Capital
Amount Raised
$1.5 Million
Round Type
Seed
ChennaiSoftwareEnterprise SoftwareSaaSDescription
Chennai-based audit and risk software-as-a-service (SaaS) startup AuditCue on Tuesday said it has raised $1.5 million in a seed funding round led by Kalaari Capital.Other investors who participated in the round included Java Capital and angel investors from San Francisco.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Digital TransformationVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitIndian School of BusinessISB Product ManagementVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitThe company said the funds would be allocated towards product development, accelerating its go-to-market strategy, and expanding the engineering teamFounded in 2022 by Gaurav Kulkarni and Naren Janakiraman, AuditCue speeds up audit cycles and improves process resiliency.With this round, the company is gearing up to allow companies that are looking for a better way to manage risks and compliance access to its solution, it said in a statement.Powered ByVideo Player is loading.Play VideoPlaySkip BackwardMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -0:00 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions and subtitles off, selectedAudio TrackPicture-in-PictureFullscreenThis is a modal window.No compatible source was found for this media.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentText BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentTransparentCaption Area BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Advertisement“With this funding round, we aim to expand further into our primary geographic markets of North America, India and EU,” said cofounder and CEO Gaurav Kulkarni.Discover the stories of your interestBlockchain5 StoriesCyber-safety7 StoriesFintech9 StoriesE-comm9 StoriesML8 StoriesEdtech6 StoriesCommenting on the investment, Kalaari Capital founder and managing director Vani Kola said, “The $120 billion global audit and GRC market is ripe for disruption with new-age tools. The founding team brings complementary skills and we are excited to back their vision.”
Quick answer
AuditCue raised $1.5 Million in a Seed round, dated October 10, 2023. AuditCue is based in Chennai, Tamil Nadu, India.
- How much did AuditCue raise?
- AuditCue raised $1.5 Million in a Seed round on October 10, 2023.
- What does AuditCue do?
- Audit management for the modern workplace.
- Where is AuditCue based and how big is it?
- AuditCue is based in Chennai, Tamil Nadu, India.
- Who are the decision-makers at AuditCue?
- Fundz holds 1 contact at AuditCue. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Enterprise Software and SaaS around the same time
Companies in the same sectors as AuditCue that raised within 45 days of this round, from Fundz verified event records.
- CloudZero raised $9.5M on November 21, 2023.
- Scalestack raised $1M (Seed) on November 20, 2023.
- Suger raised $3.5M (Seed) on November 20, 2023.
- Ninety raised $35M (Funding Round) on November 16, 2023.
- Uniblock raised $2.3M (Seed) on November 15, 2023.
- Ozone raised $7.1M (Funding Round) on November 8, 2023.
Who to call at AuditCue, and when
A new round usually means AuditCue is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day AuditCue raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at AuditCue, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at AuditCue. With Fundz connected, it knows.
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Fundz sees it the moment AuditCue raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
AuditCue raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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