Iron Wolf Capital leads, and Specialist VC participates in Copla's €6M Series A funding round
Copla, a European cybersecurity company developing real-time compliance infrastructure for regulated financial services, has raised €6 million in a Series A funding round led by Iron Wolf Capital with participation from Operator Stack, alongside existing investors including Specialist VC, SuperHero Capital, FirstPick, NGL Ventures, Loggerhead Partners, and a group of angel investors.
Founded in 2023, Copla was established by Aurimas Bakas (CEO), Andrius Minkevičius (CTO), who previously co-founded the core banking platform Paysolut, acquired by SumUp in 2021, and Nojus Bendoraitis (Chief Legal Officer), bringing experience across fintech, regulatory compliance, and cybersecurity.
Copla's Information and Communication Technology (ICT) compliance platform is designed to help organisations interpret and implement regulatory frameworks such as DORA, the EU AI Act, and the Cyber Resilience Act. The platform converts regulatory requirements into guided workflows, tracks compliance activities on an ongoing basis, and stores supporting evidence to help organisations prepare for audits and manage operational risk while reducing manual processes.
"Regulation is getting sharper, but most compliance is still stuck in spreadsheets. We built Copla so compliance stays current by default and companies can grow with confidence rather than audit anxiety. This round gives us the momentum to make Copla the default compliance execution layer for regulated finance in Europe and beyond," said Aurimas Bakas, Co-founder and CEO of Copla.
The new funding will support product development, team expansion, and international growth beyond the EU. It will also be used to expand product capabilities, including the rollout of Copla Bridge, a platform layer designed to help partners, consultants, and multi-entity organisations manage compliance across multiple companies from a unified view.
