RegTech

Privasee Becomes Vera, Marking a New Era Beyond Privacy Compliance

Marking a New Era Beyond Privacy Compliance

After five successful years helping more than 200 businesses achieve GDPR compliance, London-based startup Privasee has rebranded as Vera, opening a new chapter focused on placing trust at the heart of business relationships.

Privasee was originally founded to simplify privacy compliance – a goal it successfully delivered on – earning the trust of hundreds of companies and attracting investment from leading backers. But as the team grew, they recognised a bigger challenge: while privacy compliance remained essential, businesses were increasingly burdened by the constant need to prove their trustworthiness across security, legal, and compliance reviews. It was this realisation that led the team to secure £1.1 million in funding from the likes of Pitchdrive, SFC Capital, and Plug and Play in November 2024 to fuel their next chapter. Vera was created to address that broader, industry-wide issue.

“We realised that trust can’t stop at compliance,” said Manuel Martinez Chamorro, Co-founder of Vera. “Our customers were bottlenecked by the growing number of security questionnaires, legal reviews and Request for Proposals (RFPs). It wasn’t enough to have invested in GDPR, SOC II, HIPPA etc – you had to prove it over and over, in every deal. Vera is our answer to that.

Why the Team Rebranded as Vera

Despite its continued growth, the Privasee team came to realise that modern businesses need more than certifications – they need tools that help them earn and sustain trust at scale. Clients were constantly fielding repetitive requests from prospective customers, auditors, and procurement teams. Compliance was only the starting point.

In response, the company took the bold but necessary decision to pivot.

Privasee is now Vera – a new name, a new platform, and a much broader mission.

A New Chapter, The Same Principles

Although the brand has changed, Vera remains true to the founding principles that shaped Privasee. The same team continues to drive the business forward, with a shared passion for making complex systems simpler and enhancing human potential through smart automation.

What Vera Does

Vera – derived from the Latin word for “truth” – is an AI-powered RFP platform that helps businesses manage the flood of trust-related documents that slow down deals and strain internal teams. These include RFPs, security questionnaire automation, due diligence requests, and more.

Vera is an RFP software solution that automates the process of extracting questions from documents and matching them with verified, pre-approved answers from a centralised internal knowledge base. This allows cross-functional teams – from sales and legal to security and compliance – to respond to RFPs and due diligence questionnaires more quickly, more accurately, and without duplication.

Designed to slot into existing workflows, Vera integrates with tools like Slack, Teams or Google Drive. It also offers real-time collaboration, intelligent answer suggestions, and version tracking to reduce friction during complex deals and reviews.

The Platform for Building Trust

With its rebrand, Vera is positioning itself as more than a software tool – it aims to become the go-to operating system for customer trust. By streamlining trust processes and creating a single source of truth for compliance and security responses, Vera enables companies to shorten deal cycles and meet growing expectations for transparency.

Looking Ahead

Existing clients and early adopters are already transitioning to Vera’s new platform, as the company focuses on broadening its features and capabilities. With demand for trust-led automation on the rise, Vera is positioning itself as an essential platform for fast-growing businesses in today’s market.

To learn more about the rebrand and Vera’s new offering, visit: https://www.getvera.ai/privasee-to-vera

For more information, contact Nomada Digital

Kev Gall – 07441346319 / kev@nomadadigital.co.uk

About Vera

Vera is an AI-powered platform designed to streamline the process of responding to Requests for Proposals (RFPs), security questionnaires, and due diligence documents. By leveraging artificial intelligence, Vera automates the extraction of questions from various document formats and matches them with verified answers from a company’s knowledge base. This approach significantly reduces response times, enhances accuracy, and ensures consistency across sales, pre-sales, and security teams. With features like real-time collaboration, intelligent verification, and seamless integration with tools such as Slack, Teams and Google Drive, Vera empowers organisations to handle complex compliance and security inquiries efficiently.

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