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Kosli has secured $10 million in Series A funding led by Deutsche Bank’s Corporate Venture Capital and Heavybit, aimed at enhancing automated governance solutions for software delivery in regulated industries. The funding will accelerate Kosli's growth, particularly in serving large banking clients, while introducing new features for change management and audit processes. CEO Mike Long emphasizes the need for transformation in governance workflows to improve software delivery performance and reduce risks associated with manual processes.
Deutsche Bank’s Corporate Venture Capital group and Heavybit have led a Series A funding round for Kosli, a provider of automated governance solutions for software delivery, with participation from Defined Capital, Transpose Platform, and angel investors. The investment will enhance Kosli Enterprise, designed for financial services, by supporting large user bases and automating change management and audit evidence generation. Kosli aims to improve software delivery performance in regulated industries, addressing the challenges of manual control and audit processes.
Kosli has secured $10 million in Series A funding from Deutsche Bank and Heavybit to enhance software delivery governance in financial services. The new Kosli Enterprise features support large user bases, automate change management, and generate audit evidence, addressing compliance challenges in regulated industries. The funding will accelerate Kosli's growth and technology development, enabling secure and efficient software delivery.
Deutsche Bank has co-led a $10 million Series A funding round for Norwegian compliance automation provider Kosli, aimed at enhancing governance, risk, and compliance workflows in software development. Kosli's platform automates SDLC controls and audit trails, enabling financial institutions to deliver compliant software changes rapidly. The launch of Kosli Enterprise introduces new features tailored for financial services, addressing the challenges faced by teams in regulated industries.
Martin Reeves
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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11:20 21.03.2025
Deutsche Bank co-leads funding for compliance automation platform Kosli
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