SaaS startup Scrut Automation secures $10M growth capital for platform enhancement, AI integration, and market expansion.

SaaS startup Scrut Automation, a compliance management platform, has secured $10M in growth capital from existing investors Lightspeed, MassMutual Ventures, and Endiya Partners. The company plans to use the funds for platform enhancement, integrating generative AI for risk and compliance tasks, and expanding into North American and European markets. Scrut Automation aims to double its sales over the next two months.