Berlin-based compliance technology company heyData has secured $16.5M in Series A funding in a round led by Riverside Acceleration Capital. The investment marks a significant step for the company as it scales its platform across Europe amid rising regulatory pressure and growing cybersecurity risks.
The round supports heyData’s mission to make IT security and compliance intuitive, automated, and accessible for small and mid-sized businesses, removing the complexity typically associated with regulatory requirements.
Bringing security and compliance into one platform
Founded in 2019 by Miloš Djurdjević, Daniel Deutsch, and Martin Bastius, heyData offers a SaaS platform that combines data protection, IT security, and compliance management in a single modular system.
The platform helps companies navigate frameworks such as GDPR and ISO 27001 without relying on manual processes or specialist-heavy workflows. Features include document management, vendor risk assessment, compliance audits, employee training, and HR system integrations, all designed to reduce operational friction.
According to co-founder Miloš Djurdjević, the company is building heyData for the realities of modern business, where teams are overwhelmed by fragmented tools and growing regulatory demands. The new funding enables heyData to consolidate security and compliance into one system that gives companies clearer control and visibility.
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Accelerating product expansion and European growth
The fresh capital will be used across three main areas. The startup plans to expand its unified security and compliance capabilities, add support for additional regulatory frameworks, and deepen integrations to further automate compliance workflows.
The company will also accelerate its geographic expansion beyond its strong base in the DACH region, targeting broader European markets where regulatory requirements and digital security concerns continue to intensify.
Growing adoption across industries
heyData currently serves more than 2,000 customers across multiple sectors, including well-known brands such as SoundCloud and rebuy. The company employs a team of over 50 people and continues to grow as businesses seek simpler ways to manage compliance and IT security together.
About heyData
heyData is a compliance technology company helping businesses manage data protection and IT security requirements efficiently. Its end-to-end platform combines automated compliance software with expert legal guidance, enabling organizations to meet regulatory obligations, reduce risk, and operate with greater confidence across Europe.
