Complaion raises €13.5M to simplify compliance for European SMEs
Complaion, an Italian company helping SMEsmanage certifications and regulatory compliance, has raised €13.5 million infunding to expand its team, develop its technology and support itsinternational gr...
Italian startup Complaion has secured €13.5 million in funding to streamline compliance for European small and medium-sized enterprises (SMEs). The round was led by Eurazeo and Italian Founders Fund, with additional investments from Shapers, 2100 Ventures, Kfund, Sella Direct Ventures and Enzo Ventures. The company's co-founders, Edoardo Tarricone, Marco Cortinovis, and Alessandro Vaccarino, aim to simplify compliance processes by integrating proprietary technology with support from certified auditors and specialists.
Complaion's platform can automate up to 80% of manual compliance tasks, reducing certification times by up to five times. The offering covers ISO standards such as ISO 9001, ISO 27001, and ISO 42001, as well as ESG-related certifications like ISO 14001 and UNI/PdR 125. The company also assists businesses with European regulatory requirements, including the NIS2 Directive and the AI Act.
Complaion plans to expand its services, aiming to become a comprehensive compliance provider for SMEs. This includes areas like Health & Safety, Privacy & GDPR, subsidized financing, and appointing DPOs. Founder Tarricone emphasizes that compliance should not hinder growth but rather open new opportunities. The company sees itself as the go-to resource for all compliance needs, combining expertise, technology, trust, and human connection.
The fresh capital will fuel Complaion's growth by hiring specialists, enhancing customer support, and further developing its platform. The investment will also accelerate its expansion across Europe.
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