Chennai-based AuditCue, an audit & risk SaaS startup, has raised USD 1.5 million in a seed funding round led by Kalaari Capital. Other investors who participated include Java Capital and angel investors from San Francisco. The capital infusion will be allocated towards product development, accelerating the go-to-market strategy, and growing the engineering team
Founded in 2022 by Gaurav Kulkarni and Naren Janakiraman, AuditCue calibrates, guides and streamlines all actions that are a part of an audit lifecycle. AuditCue transforms the risk & audit experience for auditors & auditees both. The startup elevates customers’ audit & risk programs, speeds up audit cycles and improves process resiliency without compromising on agility. The elegant, simple & intuitive UX paired with its flexible and modular platform is what sets AuditCue apart from legacy solutions and market incumbents.
Gaurav Kulkarni, Co-founder & CEO, Auditcue says, “AuditCue is built for CISOs in regulated markets who keep pace with multiple compliance regimes. Unlike legacy solutions or automation products, AuditCue removes friction from audits and empowers auditors & auditees through the entire lifecycle of risk & audit programs. We are transforming the risk & audit experience for our customers to make audits seamless. With this funding round, we aim to expand further into our primary geographic markets of North America, India & EU.”