AI-driven eQMS company Dot Compliance scores $17M

Dot Compliance, a Phoenix-based company offering AI-powered quality management solutions for compliance, has announced the closure of $17 million in Series B extension funding, bringing their total funding to $50 million. The funding was led by existing investors IGP Capital and Vertex Ventures, with additional investment from TPY Capital. Dot Compliance’s AI solutions provide a vendor-neutral eQMS platform for compliance needs, covering document, change, and supplier quality management. The company plans to use the funds to enhance their AI solutions, drive customer acquisition, and foster innovation. Competitors in the eQMS space include Intellect and Qualio, both offering AI-driven solutions as well.

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