Munich-based Kertos has raised €1 million in a pre-seed round led by crosstown newcomer 10x Founders. Keros provides businesses with a no-code automated privacy workflow solution, thus removing the complexities of data privacy regulatory requirements. The €1 million has helped the team with recruitment efforts, now over 15 strong, as well as with a beta version launch.
For all its benefits, let’s be honest getting GDPR right the first time and every time is something that even the biggest corporations in the world have struggled with. Either purposefully or turning a blind eye.
To help businesses large and small alleviate the dreaded, “did we get this right?” question, Kertos offers a self-service privacy centre that allows companies to give customers control over their data and promote transparency. Upon filing a data subject request, Kertos will classify customers’ concerns, verify the identity in advance, and initiate an automated workflow. In so much, all requests reach business teams arrive in a structured format and can be processed smoothly - fully automated if so desired.
"Being a developer myself I was well aware of the high standards and challenges privacy regulation requires from modern engineering teams, yet I am truly impressed with what the team has delivered over the last weeks and are happy to finally see the product in action,” explained Kertos co-founder Alexander Prams.
Kertos’ €1 million pre-seed round was led by 10x Founders with xDeck, Superlyst, Fabian Wesemann (wefox), Ronny Shibley (Gorillas), Sebastian Schaal (Luminovo), Lisa Gradow (Usercentrics), Phillip Eischet and Dr. Benedikt Quarch (RightNow) all participating.