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Bill Butler founded PolicyCo, which dynamically ties policy and procedures to external monitoring and regulatory frameworks, bringing the concept of a policy management system to today's compliance ecosystem.
FREMONT, CA: PolicyCo, a company that uses technology to simplify the compliance journey for businesses, raised $1.5M in seed round of financing, lead by the leading investor Powered Health. Bill Butler founded PolicyCo, which dynamically ties policy and procedures to external monitoring and regulatory frameworks, bringing the concept of a policy management system to today's compliance ecosystem.
"Policy defines priority," said Adam Ochstein, chief executive officer of PolicyCo. "Business leaders need to clearly and consistently define their business objectives through standards and policies, yet often are mired down in the process of doing so. That's where we make it easy." PolicyCo exists to standardize, streamline, and organize your organization's policy documents and offers a Virtual Chief Information Security Officer (vCISO) to bring structure and guidance to your compliance journey.
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"In today's interconnected world, security and compliance are more crucial than ever," said Jim Sohr, founder, and principal of Powered Health. "Adam and his team bring a unique value, a concise vision, and a laser focus to simplifying and fortifying their client's digital environment."
This capital will help PolicyCo accelerate its time to market by allowing the company to scale its sales and marketing operations and execute and expand its product roadmap. The seed round is the first of several planned funding rounds intended at advancing PolicyCo's objectives downstream.
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