Berlin-based VC Redstone / VR Ventures is leading Kertos’s seed round. In addition to Seed + Speed, London-based investor Pi Labs is joining the Munich-based company. All existing investors – Munich-based investors 10x Founders and Superlyst, as well as Xdeck from Cologne – have doubled their commitment as part of the round.
Kertos was founded in November 2021 by Kilian Schmidt, Johannes Hussak, and Alexander Prams. According to the company, it offers the first European data protection and compliance product that automates operational business processes. Kertos’s solution requires no programming knowledge for implementation.
“We were immediately impressed by the technical excellence and vision of the Kertos team and are excited to 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 staffing effort. In an increasingly digitized economy, the processing of (personal) data is business-critical for many companies. Legally compliant and efficient management of data and associated process management is therefore of critical importance.”
Kertos: investment “underscores the outstanding performance of our team”
The Munich-based company intends to invest the fresh capital in further development of its technology platform, expand its product offering, and continue to grow its customer base.
“We are very pleased that we were able to attract such strong partners again in this round,”
says Kilian Schmidt, CEO of Kertos.
“The participation of Redstone, Seed + Speed, and Pi Labs as well as all existing investors underscores the outstanding performance of our team and demonstrates how quickly we are able to sustainably implement the operational challenges of our customers such as Gorillas, McMakler, or Wellster Healthtech. With the new resources, we will expand our product portfolio, introduce our AI-driven compliance automation, and make our solutions available to an even broader customer base.”
