Auxilius, a Munich-based AI-native GRC platform, announced it raised €1.3 million in a pre-seed funding round led by High-Tech Gründerfonds with participation from Techstars and other industry-focused investors, according to a news release.
The funding will be used to grow the engineering team and to build out Auxilius’ control intelligence knowledge graph, the news release said.
“We’re building a new model for assurance: continuous, auditable, and aligned with the decisions C-level teams have to make under regulatory pressure,” Christian Hoppe, CEO and cofounder of Auxilius, said in the release. “The gap we close is between what’s mission-critical for the business and what the underlying data can truly support with auditable evidence. That’s when a control stops documenting compliance and starts informing the decision.”
