Certa Raises $35 Million In Series B Funding Round

Updated on: 9 September 2023 11:24 pm

Last year, the start-up had raised $3 million from Stellaris Venture, Chiratae Ventures, and other angel investors including Mamaearths founder, Varun Alagh and Delhivery founder Sahil Barua.

Used Bike Marketplace BeepKart Raises $9 Million In Funding Round Led By Vertex Ventures Photo: Last year, the start-up had raised $3 million from Stellaris Venture, Chiratae Ventures, and other angel investors including Mamaearth's founder, Varun Alagh and Delhivery founder Sahil Barua.

No-code solutions platform Certa has raised $35 million in a Series B funding round led by Fin Capital and Vertex Ventures Southeast Asia and India, with participation from Tru Arrow Partners.

Existing investors Point72 Ventures, BDMI, which is part of Bertelsmann's corporate venture arm Bertelsmann Investments, the family office of Bernard Arnault’s Aglae Ventures, The Chainsmokers-backed Mantis VC, and GOAT Capital also participated in the round.

It added that this funding was oversubscribed by 2x. This raise brings the total institutional investment in Certa to $50 million to date.

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Certa claimed that it will use the funding to bolster its go-to-market engine, expand its reach into new high-growth markets like the European Union and accelerate adoption of its generative AI solutions that can streamline third-party ecosystems.

“Certa’s technology stack makes it the best command centre for large organisations as they look to scale globally, and we have been very impressed by Jag and the team’s commitment to this space. It's an honour to partner with Certa on this journey,” said Piyush Kharbanda, general partner at Vertex Ventures Southeast Asia and India

Certa is a platform to manage all third parties globally, which can be personalised via a no-code studio and an open architecture with 120+ ready-made integrations. It helps Fortune 500 firms with global third-party compliance, risk management, and ESG.

Fin Capital is a global asset manager focused on full life cycle investing in B2B FinTech companies. The firm is headquartered in San Francisco, with offices in Los Angeles, London, Miami, and New York.

Vertex Ventures Southeast Asia and India partners with founders who are creating innovative, transformative and scalable businesses. It has a long and strong track record of investing in early-stage startups.