Audit Saas Startup AuditCue emerges from stealth mode; raises $1.5Million in Seed Round led by Kalaari Capital

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 Chennai-based AuditCue, an audit & risk SaaS startup, has raised $1.5 Mn in a seed funding round led by Kalaari Capital. Other investors who participated include Java Capital and angel investors from San Francisco. The capital infusion will be allocated towards product development, accelerating the go-to-market strategy, and growing the engineering team

Founded in 2022 by Gaurav Kulkarni and Naren Janakiraman, AuditCue calibrates, guides and streamlines all actions that are a part of an audit lifecycle. AuditCue transforms the risk & audit experience for auditors & auditees both. The startup elevates customers’ audit & risk programs, speeds up audit cycles and improves process resiliency without compromising on agility. The elegant, simple & intuitive UX paired with its flexible and modular platform is what sets AuditCue apart from legacy solutions and market incumbents.

Gaurav Kulkarni, Co-founder & CEO, Auditcue says, “AuditCue is built for CISOs in regulated markets who keep pace with multiple compliance regimes. Unlike legacy solutions or automation products, AuditCue removes friction from audits and empowers auditors & auditees through the entire lifecycle of risk & audit programs. We are transforming the risk & audit experience for our customers to make audits seamless. With this funding round, we aim to expand further into our primary geographic markets of North America, India & EU.”

Vani Kola, Founder & Managing Director, Kalaari Capital, says “The $120B 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.”

AuditCue has been in stealth mode until now, working with industry experts & advisors  to reimagine how risks, audits & controls work together. With this round, the company is gearing up to open up access to their solution for companies that are looking for a better way to manage risks & compliance.

Companies understand the importance of a risk & audit program but most still struggle to find the right solution to implement. Legacy solutions add more complexity to processes instead of simplifying them for companies, whereas other incumbents try a one-size-fits-all approach. But companies need a tailored approach to risk and a solution flexible enough to address their unique challenges and needs, and that’s what AuditCue is building.

About AuditCue

AuditCue’s mission is to transform the risk & audit experience for auditors & auditees both. Our SaaS solution elevates our customers’ audit & risk programs, speeds up audit cycles and improves process resiliency without compromises on agility. The elegant, simple & intuitive UX paired with its flexible and modular platform is what sets AuditCue apart from legacy solutions and market incumbents. For more details about AuditCue and our transformative GRC platform, please visit www.auditcue.com.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

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Audit Saas Startup AuditCue emerges from stealth mode; raises $1.5Million in Seed Round led by Kalaari Capital

 Chennai-based AuditCue, an audit & risk SaaS startup, has raised $1.5 Mn in a seed funding round led by Kalaari Capital. Other investors who participated include Java Capital and angel investors from San Francisco. The capital infusion will be allocated towards product development, accelerating the go-to-market strategy, and growing the engineering team

Founded in 2022 by Gaurav Kulkarni and Naren Janakiraman, AuditCue calibrates, guides and streamlines all actions that are a part of an audit lifecycle. AuditCue transforms the risk & audit experience for auditors & auditees both. The startup elevates customers’ audit & risk programs, speeds up audit cycles and improves process resiliency without compromising on agility. The elegant, simple & intuitive UX paired with its flexible and modular platform is what sets AuditCue apart from legacy solutions and market incumbents.

Gaurav Kulkarni, Co-founder & CEO, Auditcue says, “AuditCue is built for CISOs in regulated markets who keep pace with multiple compliance regimes. Unlike legacy solutions or automation products, AuditCue removes friction from audits and empowers auditors & auditees through the entire lifecycle of risk & audit programs. We are transforming the risk & audit experience for our customers to make audits seamless. With this funding round, we aim to expand further into our primary geographic markets of North America, India & EU.”

Vani Kola, Founder & Managing Director, Kalaari Capital, says “The $120B 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.”

AuditCue has been in stealth mode until now, working with industry experts & advisors  to reimagine how risks, audits & controls work together. With this round, the company is gearing up to open up access to their solution for companies that are looking for a better way to manage risks & compliance.

Companies understand the importance of a risk & audit program but most still struggle to find the right solution to implement. Legacy solutions add more complexity to processes instead of simplifying them for companies, whereas other incumbents try a one-size-fits-all approach. But companies need a tailored approach to risk and a solution flexible enough to address their unique challenges and needs, and that’s what AuditCue is building.

About AuditCue

AuditCue’s mission is to transform the risk & audit experience for auditors & auditees both. Our SaaS solution elevates our customers’ audit & risk programs, speeds up audit cycles and improves process resiliency without compromises on agility. The elegant, simple & intuitive UX paired with its flexible and modular platform is what sets AuditCue apart from legacy solutions and market incumbents. For more details about AuditCue and our transformative GRC platform, please visit www.auditcue.com.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Sarthak Luthra
Sarthak Luthra
Hey, there! I am the tech guy. I get things running around here and I post sometimes. ~ naam toh suna hi hoga, ab kaam bhi dekhlo :-)

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