Compyl Secures $12M Series A
Compyl just locked in a $12 million Series A round to ramp up its AI-driven Governance, Risk and Compliance platform, answering the call from security teams overwhelmed by data silos, manual processes, and staffing shortages. The funding was led by Venture Guides, with support from returning backers including Contour Venture Partners and Armory Square Ventures.
Founded in 2020 by former CISOs and security veterans, Compyl has been doubling its customer base annually and racking up triple-digit ARR growth. With this new capital, the company plans to scale its go-to-market efforts, grow its team, and push further into AI-supported innovation. Anton Simunovic of Venture Guides is joining Compyl’s board of directors.
For security teams drowning in fragmented tools, Compyl offers a modular, flexible system that replaces rigid, manual GRC frameworks. It gives organizations real-time dashboards, context-aware alerts, and automated security benchmark checks—without needing custom development or extra IT overhead.
A major driver for adoption is staffing gaps across the cybersecurity world. According to ISACA, 57% of security professionals say their teams are understaffed, and 41% say time is the biggest hurdle in conducting annual cyber risk assessments. Compyl’s platform is designed to eliminate that drag by continuously monitoring compliance and surfacing hidden risks without the manual grind.
“Compyl’s approach reflects the future of Digital Risk & Digital Resilience—unifying enterprise data, automating best practices, and delivering early, contextual insights. It enables organizations to move beyond rigid, reactive processes and deliver more agile and efficient Digital Trust programs,” said Michael Rasmussen, GRC Analyst & Pundit, GRC 20/20 Research.
Compyl’s investors are betting that real-time, AI-supported GRC is where the market is headed—especially as mid-sized enterprises juggle growing compliance burdens, tighter audits, and expanding vendor ecosystems. The funding comes as several cybersecurity startups continue to attract capital despite broader VC market pullbacks.
