Anecdotes Secures $55M Series B Funding to Revolutionize AI-Powered GRC Solutions

Anecdotes secures $55M Series B for AI-Powered GRC

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This extended $30 million round was led by DTCP, after the initial $25 million was led by Glilot with participation from Vertex and Red Dot. The additional funding comes on the back of strong enterprise momentum to fuel global expansion, and brings the total funding to $85 million. Enterprise GRC is at an inflection point. With increasingly complex regulatory landscapes, evolving AI regulations, and rising cybersecurity threats, enterprises are under more pressure than ever to ensure their GRC programs are scalable, efficient, and audit-ready at all times. However, traditional GRC solutions -- built for a different era -- rely on fragmented, manual processes that cannot keep up with modern business needs. This growing market demand is fueling a shift toward structured, actionable GRC data -- and Anecdotes is leading that transformation - by redefining how enterprises collect, structure, and operationalize GRC data, eliminating inefficiencies and making complex GRC programs more scalable. This latest investment underscores Anecdotes' momentum as the company continues to transform enterprise GRC by automating workflows and delivering structured, credible, and actionable data that powers every GRC operation. "We've seen firsthand how Anecdotes is transforming enterprise GRC, and that's why we're excited to double down on our investment," said Dean Shahar, Managing Director at DTCP. "At the forefront of the industry, Anecdotes is not only leveraging AI to enhance compliance automation but also helping enterprises navigate the evolving landscape of AI regulations. Their data-driven approach is turning a traditionally rigid process into a dynamic, strategic advantage for enterprises. With unmatched innovation, a growing enterprise customer base, and strong market momentum, Anecdotes is uniquely positioned to lead the next era of enterprise GRC." "This investment reinforces our commitment to transforming enterprise GRC -- where structured, credible data and AI-enhanced automation enable organizations to proactively manage risk and compliance with confidence," said Yair Kuznitsov, Co-Founder & CEO of Anecdotes. "With this funding, we will continue to push the boundaries of what's possible in enterprise GRC, delivering unparalleled innovation and value to our customers." Anecdotes will use this capital to accelerate the development of its AI-powered GRC automation solutions, expand its global go-to-market strategy, and strengthen strategic alliances with leading industry partners, including the Big Four firms, Coalfire, Schellman, Google Cloud, and ServiceNow. The funding will also support the expansion of Anecdotes' Managed Service Provider (MSP) program, making its innovative GRC solutions more accessible to businesses worldwide. Anecdotes will keep broadening its integration capabilities, enabling enterprises to seamlessly connect existing GRC workflow tools with Anecdotes' GRC Data Engine for automated evidence collection. By integrating directly into existing GRC environments, organizations can unlock the benefits of automation and actionable GRC data without the need to overhaul their current setup. Anecdotes' Compliance OS has become the platform of choice for enterprises across North America, Europe, and beyond, including companies such as Snowflake, SoFi and Well Health. By leveraging Anecdotes, these organizations have fundamentally shifted how they approach GRC operations.

Anecdotes Raises $30 Million to Automate Risk and Compliance Tools | PYMNTS.com

Governance, risk and compliance (GRC) provider Anecdotes has raised $30 million in new funding. The new financing, announced Tuesday (April 8), brings the Israeli company's total Series B funding round to $55 million. "We've always believed that GRC has way more to offer the business than it gets credit for, and that the way to change that is through data," Yair Kuznitsov, Anecdotes' co-founder and CEO, wrote on the company's blog. "With this new funding, we're doubling down on our mission to help enterprises scale GRC, automate operations, and ensure risk management is both proactive and effective." According to the blog post, Anecdotes was born out of frustration with the amount of time GRC teams needed to spend compiling evidence that would soon become outdated. These teams, Kuznitsov argued, were forced to work with "fragmented information, siloed processes, and guesswork, limiting GRC's potential. "Enterprise GRC is at a critical inflection point," he wrote. "Regulatory complexity is increasing, cyber threats are higher than ever, and new technologies create novel risks to mitigate. Yet, most GRC teams still rely on manual, point-in-time and inefficient workflows." Anecdotes' platform, the company said, can automate evidence collection "on an enterprise scale," notify companies of gaps in their programs as they occur and leverage existing work to help improve their programs. With the new investment, the company said it is accelerating its development of artificial intelligence (AI) agents and automation to help GRC teams spot gaps, assess risks and take action faster. As PYMNTS wrote last month, financial industry executives believe that companies have little choice but to employ AI for risk management. "In 2025, there is pretty much no compliance without AI, because compliance became exponentially harder," said Alexander Statnikov, co-founder and CEO of Crosswise Risk Management. "Think about all the change management that happens with regulations. Now, states will be stepping in. How do you stay on top of it?" It's a similar situation with business product development cycles, he added, which have gotten considerably faster. "Rather than being a two-year cycle, it's been a few weeks. Products are being shipped quicker," Statnikov told PYMNTS. Mix in the complexity of Banking-as-a-Service and handling of third-party risk management, and "this makes AI a necessity for success of compliance."