heyData Raises $16.5M Funding In Series A Round To Unify Security And Compliance

The funding round marks a key milestone for the company, which aims to make compliance intuitive, automated and accessible, rather than complex and expert-driven.

heyData co-founder Miloš Djurdjević said “We’re building heyData for the reality of modern business. This round gives us the fuel to bring IT security and compliance together in one place so you can stop coordinating tasks and start feeling in control.”

The round was accelerated by rising regulatory pressure across Europe and an increase in digital security threats.

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The funding will support three strategic areas: the expansion of united security and compliance features on a modular platform, the addition of more compliance frameworks and deeper integrations to automate work, and the geographic scaling of heyData’s solution beyond its established foothold in the DACH region into broader European markets.

heyData’s platform targets businesses that need to navigate GDPR, ISO 27001 and other regulatory standards without burdening teams with manual processes. Its services include a document vault, vendor risk management, compliance audit, compliance trainings and HR integrations.

The company plans to use the funding to accelerate product development and continue its expansion across Europe.

Led by co-founders Miloš Djurdjević, Daniel Deutsch and Martin Bastius, heyData offers a digital compliance SaaS platform that enables businesses to automate data protection audits, risk management, and IT security processes.

The company serves more than 2,000 customers across industries, including SoundCloud and rebuy, and employs a team of over 50 people.

About heyData

Founded in 2019, heyData is a compliance technology company that helps businesses meet data protection requirements with ease. Its end-to-end platform combines GDPR management software, automated data assessments and expert legal guidance from certified data protection attorneys, enabling organizations to manage compliance efficiently and make faster, smarter decisions.