Azimuth GRC secures strategic investment from Truist Ventures

JACKSONVILLE, Florida, January 11, 2022 / PRNewswire / – Azimut GRC, a pioneer in compliance automation, today announced a strategic investment of Truist Ventures, the corporate venture capital division of Truist Financial Corporation (NYSE: TFC). The investment will be used to create and innovate the revolutionary Azimuth GRC regulatory compliance platform by growing the team, product suite and go-to-market efforts.

“Truist Ventures continues to build momentum for Azimut GRC following our Series A raise,” said Rohin Tagra, founder and CEO of Azimut GRC. “With this strategic investment, Azimuth GRC and Truist will work together to continue to create a solution that will shape the future of the industry.”

Azimuth GRC provides compliance testing automation capabilities that improve accuracy, efficiency, and cost savings, and help reduce regulatory risk.

“This is an exciting opportunity as Azimut GRC takes an important step towards the future of regulatory compliance,” said Vanessa Vreeland, director of Truist Ventures. “Azimut’s technology enables the automation of a historically paper-based system, increasing efficiency while creating a fairer experience for customers.

This announcement follows that of Azimut GRC Series A financing round led by Mosaik Partners. Together, these funds will fuel the internal and external growth of the company. Azimuth GRC also recently announced the addition of a seasoned financial executive, Joe proto, to its board of directors as well as to Shannon warren to its advisory board.

To learn more about Azimuth GRC, visit AzimuthGRC.com

About Azimut GRC

Azimut GRC revolutionizes the world of regulatory compliance by being the first and only company to codify every state and federal law on a single platform, changing the culture of compliance by taking the manual compliance work done on paper spreadsheets and by automating it. Led by the founder and CEO Rohin Tagra, Azimuth GRC is the only company bold enough to offer VALIDATOR, software that provides daily automated testing of an entire portfolio to determine compliance with all applicable laws and regulations.

About Truist Ventures

Truist Ventures is the corporate venture capital arm of Truist Financial Corporation (NYSE: TFC), a purpose-built financial services company committed to inspiring and building better lives and communities. Based at Charlotte, North Carolina, Truist Ventures brings unprecedented touch and technology to Truist clients through partnerships and investments in innovative companies and exceptional management teams with innovative solutions to help Truist shape the future of finance. Truist Ventures’ investment focus includes financial technology, payments and money movement, and regulation technology and extends to other adjacent disruptive technologies that allow Truist to bring a human touch. in new ways. Drawing on Truist’s vast network of talent and industry experts across technology, investment banking, capital markets and innovation, the Truist Ventures team helps portfolio companies to seize growth opportunities through unparalleled access to exceptional support. Learn more about TruistVentures.com.

Media contact
Emylee eyler
BLASTmedia for Azimuth GRC
[email protected]

SOURCE Azimut GRC

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