British startup Vera raises €1.2 million to rebrand and assist companies develop into GDPR compliant

London-based startup Vera (previously often called Privasee) has raised €1.2 million in funding to rebrand and assist over 200 firms develop into GDPR compliant.

The funding was raised by Pitchdrive, SFC Capital, and Plug and Play.

“We realised that belief can’t cease at compliance,” stated Manuel Martinez Chamorro, Co-founder of Vera. “Our prospects had been bottlenecked by the rising variety of safety questionnaires, authorized opinions and Request for Proposals (RFPs). It wasn’t sufficient to have invested in GDPR, SOC II, HIPPA and many others – you needed to show it time and again, in each deal. Vera is our reply to that.“

Based in 2025, Vera was born from the realisation that whereas privateness compliance was important, companies had been going through a good greater problem – the fixed stress to show trustworthiness throughout safety, authorized, and compliance opinions.

Vera is an AI-powered platform designed to streamline the method of responding to Requests for Proposals (RFPs), safety questionnaires, and due diligence paperwork.

Regardless of continued progress, the crew consider that companies right this moment want greater than certification – they want instruments that assist them earn and preserve belief at scale. That is what led to the rebranding from Privasee to Vera.

Vera – derived from the Latin phrase for “reality” – is an AI-powered platform that helps companies handle the flood of trust-related paperwork that decelerate offers and pressure inside groups.

Vera automates the method of extracting questions from these paperwork and matching them with verified, pre-approved solutions from a centralised inside data base. This permits cross-functional groups – from gross sales and authorized to safety and compliance – to reprotedly reply extra shortly, extra precisely, and with out duplication.

Designed to fit into current workflows, Vera integrates with instruments like Slack, Groups or Google Drive. It additionally gives real-time collaboration, reply ideas, and model monitoring to cut back friction throughout complicated offers and opinions.

With the rebrand, Vera is appears to place itself as not only a instrument, however an “OS for buyer belief“. With completely different AI Brokers that take away bottlenecks and create a single supply of reality for compliance and safety responses, Vera allegedly helps firms shut offers quicker whereas assembly rising purchaser expectations for transparency and trustworthiness.