Munich \u2014 Certi\u00advity has raised 13.3 million euros in a Series A finan\u00adcing round. The Munich-based RegTech company is deve\u00adlo\u00adping the first struc\u00adtu\u00adred, AI-supported plat\u00adform for mana\u00adging tech\u00adni\u00adcal compli\u00adance. The round was led by Almaz Capi\u00adtal and UVC Part\u00adners, with rene\u00adwed parti\u00adci\u00adpa\u00adtion from exis\u00adting inves\u00adtors Early\u00adbird X, High-Tech Gr\u00fcn\u00adder\u00adfonds (HTGF) and Plug and Play. The fresh capi\u00adtal will be used to acce\u00adle\u00adrate the market launch stra\u00adtegy, drive forward product deve\u00adlo\u00adp\u00adment and enable expan\u00adsion into new sectors and inter\u00adna\u00adtio\u00adnal markets.<\/p>\n
Foun\u00added in 2021 by Nico Waegerle, Bogdan Bereczki, J\u00f6rg Ulmer<\/strong> and Sami Vaara\u00adni\u00ademi<\/strong>, Certi\u00advity addres\u00adses one of the most unde\u00adre\u00adsti\u00adma\u00adted but crucial problems in modern engi\u00adnee\u00adring: regu\u00adla\u00adtory compli\u00adance<\/strong>. Engi\u00adneers often spend 30 to 50 percent of their time working through frag\u00admen\u00adted legal and regu\u00adla\u00adtory docu\u00adments to ensure that their products comply with appli\u00adca\u00adble regu\u00adla\u00adti\u00adons and stan\u00addards. Errors in this process lead to product recalls, safety issues and billi\u00adons of dollars in fines. \u2014 Certi\u00advity will funda\u00admen\u00adtally change this. <\/p>\n The company offers a struc\u00adtu\u00adred, AI-native SaaS plat\u00adform that trans\u00adforms complex regu\u00adla\u00adtory docu\u00adments into struc\u00adtu\u00adred, machine-reada\u00adble compli\u00adance infor\u00adma\u00adtion. It auto\u00adma\u00adtes the entire process \u2014 from reques\u00adt\u00ading and conti\u00adnuously updating regu\u00adla\u00adtory content to inte\u00adgra\u00adting it into the process. Certi\u00advity enables compa\u00adnies to deve\u00adlop products faster while incre\u00adasing secu\u00adrity and compli\u00adance with all manda\u00adtory regulations. <\/p>\n \u201cWith this funding, we are scaling our plat\u00adform to become the leading solu\u00adtion in tech\u00adni\u00adcal compli\u00adance \u2014 start\u00ading with the auto\u00admo\u00adtive indus\u00adtry. Addi\u00adtio\u00adnally, we are scaling into other sectors such as rail, medi\u00adcal devices, consu\u00admer goods, defense, aero\u00adspace and more,\u201d says Nico Waegerle, CEO and co-foun\u00adder of Certi\u00advity<\/strong>. \u201cWe are expan\u00adding our regu\u00adla\u00adtory coverage, impro\u00adving our AI and deepe\u00adning inte\u00adgra\u00adtion with common tools. This is how we trans\u00adform compli\u00adance from a costly manda\u00adtory requi\u00adre\u00adment into a compe\u00adti\u00adtive advan\u00adtage for our customers.\u201d <\/p>\n \u201cCerti\u00advity has funda\u00admen\u00adtally chan\u00adged our approach to regu\u00adla\u00adtory compli\u00adance. Our deve\u00adlo\u00adp\u00adment proces\u00adses are much more effi\u00adci\u00adent and we save a signi\u00adfi\u00adcant amount of manual effort,\u201d says Nico\u00adlas Maurin, Mana\u00adger Regu\u00adla\u00adtion & Stan\u00addards at Aptiv<\/strong>.<\/p>\n How the plat\u00adform works: trans\u00adforming regu\u00adla\u00adtory comple\u00adxity into struc\u00adtu\u00adred knowledge<\/strong><\/p>\n Certi\u00advi\u00adty\u2019s plat\u00adform digi\u00adti\u00adzes and struc\u00adtures regu\u00adla\u00adtory content from over 50 juris\u00addic\u00adtions using a proprie\u00adtary digi\u00adtiza\u00adtion pipe\u00adline and regu\u00adla\u00adtory know\u00adledge graph. This gives engi\u00adnee\u00adring and compli\u00adance teams full tracea\u00adbi\u00adlity and real-time insight into regu\u00adla\u00adtory chan\u00adges. AI-based modu\u00adles conso\u00adli\u00addate chan\u00adges to diffe\u00adrent versi\u00adons of regu\u00adla\u00adti\u00adons and clas\u00adsify, extract and gene\u00adrate tech\u00adni\u00adcal requi\u00adre\u00adments from unstruc\u00adtu\u00adred legal texts. <\/em><\/p>\n Instead of mana\u00adging compli\u00adance in isola\u00adted docu\u00adments or Excel spreadsheets, teams can now orga\u00adnize regu\u00adla\u00adtory requi\u00adre\u00adments, inter\u00adpre\u00adta\u00adti\u00adons, appr\u00adovals and legal refe\u00adren\u00adces in a struc\u00adtu\u00adred way in product-speci\u00adfic compli\u00adance projects. Through deep inte\u00adgra\u00adtion with requi\u00adre\u00adments manage\u00adment tools such as Jama, Pola\u00adrion, DOORS and others, compli\u00adance infor\u00adma\u00adtion flows seam\u00adlessly into the deve\u00adlo\u00adp\u00adment process \u2014 crea\u00adting an inte\u00adgra\u00adted, networked, audi\u00adta\u00adble and scalable process. <\/p>\n Laying the foun\u00adda\u00adtion for compli\u00adance on an indus\u00adtrial scale<\/strong><\/p>\n \u201cCerti\u00advity is setting a new stan\u00addard for how compli\u00adance is inte\u00adgra\u00adted into product deve\u00adlo\u00adp\u00adment,\u201d says Amanda Birken\u00adholz, Prin\u00adci\u00adpal at UVC Part\u00adners<\/strong>. \u201cThey solve a huge and cumber\u00adsome problem for any orga\u00adniza\u00adtion with regu\u00adla\u00adtory requi\u00adre\u00adments. Compli\u00adance chal\u00adlenges are no longer the excep\u00adtion \u2014 they are the rule. The ques\u00adtion today is no longer: Which products are subject to regu\u00adla\u00adtory requi\u00adre\u00adments? It is: Which are not?\u201d <\/p>\n About Certi\u00advity Our plat\u00adform supports deve\u00adlo\u00adp\u00adment and compli\u00adance teams in under\u00adstan\u00adding regu\u00adla\u00adtory requi\u00adre\u00adments more quickly, imple\u00admen\u00adting them effi\u00adci\u00adently and inte\u00adgra\u00adting them seam\u00adlessly into exis\u00adting deve\u00adlo\u00adp\u00adment proces\u00adses. This lowers costs, redu\u00adces risks, impro\u00adves colla\u00adbo\u00adra\u00adtion \u2014 and acce\u00adle\u00adra\u00adtes the market launch of new products. <\/p>\n About UVC Partners Munich \u2014 Certi\u00advity has raised 13.3 million euros in a Series A finan\u00adcing round. The Munich-based RegTech company is deve\u00adlo\u00adping the first struc\u00adtu\u00adred, AI-supported plat\u00adform for mana\u00adging tech\u00adni\u00adcal compli\u00adance. The round was led by Almaz Capi\u00adtal and UVC Part\u00adners, with rene\u00adwed parti\u00adci\u00adpa\u00adtion from exis\u00adting inves\u00adtors Early\u00adbird X, High-Tech Gr\u00fcn\u00adder\u00adfonds (HTGF) and Plug and Play. The [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":56587,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-56579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n
\n<\/strong>
\n Certi\u00advity is a RegTech company that trans\u00adla\u00adtes regu\u00adla\u00adtory comple\u00adxity into clarity and speed. With the help of modern AI tech\u00adno\u00adlogy and Large Language Models (LLMs), we trans\u00adform globally appli\u00adca\u00adble regu\u00adla\u00adti\u00adons into struc\u00adtu\u00adred, machine-reada\u00adble data. This crea\u00adtes a new form of compli\u00adance intel\u00adli\u00adgence that enables digi\u00adtal and end-to-end work processes. <\/p>\n
\n<\/strong>
\n UVC Part\u00adners is a Munich and Berlin-based early-stage venture capi\u00adtal firm that invests in Euro\u00adpean B2B start\u00adups in the fields of enter\u00adprise soft\u00adware, arti\u00adfi\u00adcial intel\u00adli\u00adgence, deep tech, climate tech and mobi\u00adlity. With more than \u20ac600 million in assets under manage\u00adment, the fund typi\u00adcally invests between \u20ac1 million and \u20ac10 million initi\u00adally and up to \u20ac30 million in total per company. UVC Part\u00adners\u2019 invest\u00adments include Flix, Isar Aero\u00adspace, planqc, Proxima Fusion, Reverion, Tacto, TWAICE, Deep\u00adDrive and STABL. The port\u00adfo\u00adlio compa\u00adnies bene\u00adfit from the team\u2019s exten\u00adsive invest\u00adment and exit expe\u00adri\u00adence as well as from the close coope\u00adra\u00adtion with Unter\u00adneh\u00admer\u00adTUM, Euro\u00adpe\u2019s leading center for inno\u00adva\u00adtion and entre\u00adpre\u00adneur\u00adship, in parti\u00adcu\u00adlar to acce\u00adle\u00adrate market entry.<\/p>\n","protected":false},"excerpt":{"rendered":"