Kosli Raises $3.1M in Seed Funding led by Heavybit
November 03, 2022

Kosli, a developer tools startup based in Oslo, Norway, has closed a $3.1m seed round led by Heavybit to solve dynamic change monitoring and continuous compliance.

Heavybit is joined in the round by Fortino Capital and Monochrome Capital, with pre-seed backer Skyfall Ventures as follow-on investors.

Kosli was founded in 2019 as a compliance automation platform for regulated software teams in sectors like finance. Alongside their seed funding announcement Kosli launches a free tier that offers a much broader set of use cases. Developers in all industries will now be able to use Kosli to understand how constantly evolving software systems are changing. And they will be able to do it using basic commands.

Heavybit Partner, Joe Ruscio, explained Heavybit's decision to invest, "since our first meeting with the Kosli team we strongly believed in a much bigger market opportunity that expands beyond regulated industries and serves a need for DevOps teams in every single vertical of the global economy."

Kosli founder and CEO, Mike Long, explains the double sided problem that his team have solved, "We set out to automate compliance for regulated teams, but we quickly realized our tool was also really helpful for developers trying to understand how and why their environments are really changing."

Kosli gives every stakeholder the power to record, connect, and search for changes across their entire value stream. It empowers developers, DevOps engineers, platform engineers, and CTOs in both daily and longer term strategic tasks.

With Kosli, developers have the power to pinpoint specific changes without having to spend hours searching in logs. And for teams in regulated sectors, Kosli provides an automated trail of compliance evidence. Crucially, Kosli is available from the command line as well as a web based GUI, an important feature for developers.

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