PALO ALTO, CA & TEL AVIV, ISRAEL – April 8, 2025 – Anecdotes, the only data-driven Governance, Risk, and Compliance (GRC) platform built for enterprise operations, today announced the successful second close of its expanded Series B financing round, raising an additional $30 million and bringing the total funding for the round to $55 million. This extended $30 million round was led by DTCP, after the initial $25 million was led by Glilot with participation from Vertex and Red Dot. The additional funding comes on the back of strong enterprise momentum to fuel global expansion, and brings the total funding to $85 million.
Enterprise GRC is at an inflection point. With increasingly complex regulatory landscapes, evolving AI regulations, and rising cybersecurity threats, enterprises are under more pressure than ever to ensure their GRC programs are scalable, efficient, and audit-ready at all times. However, traditional GRC solutions—built for a different era—rely on fragmented, manual processes that cannot keep up with modern business needs.
This growing market demand is fueling a shift toward structured, actionable GRC data—and Anecdotes is leading that transformation - by redefining how enterprises collect, structure, and operationalize GRC data, eliminating inefficiencies and making complex GRC programs more scalable. This latest investment underscores Anecdotes’ momentum as the company continues to transform enterprise GRC by automating workflows and delivering structured, credible, and actionable data that powers every GRC operation.
“We’ve seen firsthand how Anecdotes is transforming enterprise GRC, and that’s why we’re excited to double down on our investment,” said Dean Shahar, Managing Director at DTCP. “At the forefront of the industry, Anecdotes is not only leveraging AI to enhance compliance automation but also helping enterprises navigate the evolving landscape of AI regulations. Their data-driven approach is turning a traditionally rigid process into a dynamic, strategic advantage for enterprises. With unmatched innovation, a growing enterprise customer base, and strong market momentum, Anecdotes is uniquely positioned to lead the next era of enterprise GRC.”
"This investment reinforces our commitment to transforming enterprise GRC—where structured, credible data and AI-enhanced automation enable organizations to proactively manage risk and compliance with confidence,” said Yair Kuznitsov, Co-Founder & CEO of Anecdotes. "With this funding, we will continue to push the boundaries of what’s possible in enterprise GRC, delivering unparalleled innovation and value to our customers.”
Anecdotes will use this capital to accelerate the development of its AI-powered GRC automation solutions, expand its global go-to-market strategy, and strengthen strategic alliances with leading industry partners, including the Big Four firms, Coalfire, Schellman, Google Cloud, and ServiceNow. The funding will also support the expansion of Anecdotes' Managed Service Provider (MSP) program, making its innovative GRC solutions more accessible to businesses worldwide.
Anecdotes will keep broadening its integration capabilities, enabling enterprises to seamlessly connect existing GRC workflow tools with Anecdotes’ GRC Data Engine for automated evidence collection. By integrating directly into existing GRC environments, organizations can unlock the benefits of automation and actionable GRC data without the need to overhaul their current setup.
Anecdotes' Compliance OS has become the platform of choice for enterprises across North America, Europe, and beyond, including companies such as Snowflake, SoFi and Well Health. By leveraging Anecdotes, these organizations have fundamentally shifted how they approach GRC operations.
About Anecdotes
Anecdotes is the leading AI-powered GRC platform, transforming GRC into a data-driven, automated, and scalable function. By leveraging automated evidence collection, AI-driven insights, and automated workflows, Anecdotes enables organizations to identify risks, monitor compliance continuously, and scale their GRC programs effortlessly. Our AI agents work alongside GRC teams, eliminating manual busywork and ensuring organizations proactively manage risk and can confidently attest to their security posture.
With a commitment to flexibility, security, and innovation, Anecdotes is the trusted partner for organizations such as SoFi, Snowflake, and Sportsbet, looking to move beyond checkbox compliance and into a strategic, AI-powered future.
For more information, visit www.anecdotes.ai.
Anecdotes is hiring top talent in GTM and Engineering to support its rapid expansion. The company is also inviting enterprises to book a demo and see firsthand how its next generation platform is revolutionizing GRC—unlocking the power of GRC data, automating what was once thought impossible, or requiring costly custom services, and enabling organizations to scale with confidence.
For more information, visit www.anecdotes.ai.
About DTCP
DTCP is an investment management firm with $3 billion in assets under management and over 50 professionals. DTCP has offices in Hamburg, Frankfurt, Berlin, London, Luxembourg, San Francisco, and Tel Aviv.
DTCP Growth invests in leading companies with a focus on cloud-based enterprise software. The team has made over 30 investments in Europe, Israel, and the US, with notable investments including Aircall, Arctic Wolf Networks, Auth0 (acquired by OKTA), Guardicore (acquired by Akamai), Fastly (NYSE: FSLY), Cohere, LeanIX (acquired by SAP SE), Pipedrive (acquired by Vista Private Equity), and Signavio (acquired by SAP SE). For a full list of portfolio companies please refer to www.dtcp.capital/growth-equity
”DTCP” is a trading name for companies for alternative investments as well as distribution, fund advise and service companies. The relevant legally responsible entities, which offer products or provide services to clients or the respective funds, are named in the relevant contracts, marketing documents or other product-specific information.
For more information on DTCP, visit dtcp.capital.