Laika Secured $10M in Series A Funding

Laika, a NYC-primarily based data security and compliance-as-a-service platform, raised $10m in equity financing.

The spherical was led through Canapi Ventures with participation from current buyers Bain Capital, NYCA Partners, and Third Prime with participation founders, CEOs, and CTOs of Plaid, GLG, Flatiron Health, Shutterstock, and Quovo. In conjunction with the deal, Jeffrey Reitman, Partner at Canapi Ventures, joined Laika’s Board of Directors.

The business enterprise intends to apply the budget to extend the group and platform capabilities, and keep simplify the compliance and audit technique for developing businesses.

Founded through Austin Ogilvie and Sam Li, both two-time founders and Y Combinator alumni, and enterprise veteran, Eva Pittas, who oversaw worldwide hazard and compliance features at Citigroup for 20 years, Laika presents compliance audit management via computerized workflows providing subject-count experts. Companies can scale through automating workflows in audit preparation, due diligence, supplier control, and more.

From control implementation to supplier control, workflows are centralized and automated whilst Laika’s concierge crew streamlines audit prep and control via corporation procurement.