Regtech Copla Raises €6 Million in Series A Funding

Regtech Copla Raises €6 Million in Series A Funding
  • Lithuanian regtech Copla has raised €6 million ($7.1 million USD) in Series A funding for its AI-powered compliance automation platform.
  • Iron Wolf Capital led the round, which featured participation from Operator Stack and existing investors Specialist VC, SuperHero Capital, FirstPick, NGL Ventures, and Loggerhead Partners.
  • Founded in 2023, Copla made its Finovate debut at FinovateEurope 2025 in London.

Copla, a regtech headquartered in Lithuania that offers an AI-powered compliance automation platform, has secured €6 million in Series A funding. The round was led by Iron Wolf Capital. Operator Stack and existing investors Specialist VC, SuperHero Capital, FirstPick, NGL Ventures, and Loggerhead Partners also participated in the funding. Copla, which made its Finovate debut at FinovateEurope 2025, will use the capital to further build out its product, add talent to its team, and expand into markets beyond the European Union.

In a statement, the company noted that regulations are becoming increasingly complicated and operational. From the Digital Operational Resilience Act (DORA) to the EU Artificial Intelligence Act (EU AI Act) to the Cyber Resilience Act, there are a range of new compliance obligations that regulated firms throughout the European Union will have to deal with starting this year. Copla’s platform specializes in Information and Communication Technology (ICT) compliance, transforming the mandates of regulations like DORA and the EU AI Act into guided, evidence-based workflows. The technology converts regulatory requirements into specific tasks, tracks execution on a continuous basis, and automatically records all evidence to ensure that the operations are audit-ready. In a recognition that not all regulatory processes are best automated, Copla also offers hands-on support via in-house and fractional CISO services, as well as a network of partner providers across Europe to assist with audits, risk decisions, and interactions with regulators.

“Regulation is getting sharper, but most compliance is still stuck in spreadsheets,” Copla Co-founder and CEO Aurimas Bakas said. “We built Copla so compliance stays current by default, and so companies can grow with confidence instead of audit anxiety. This round gives us the momentum to make Copla the default compliance execution layer for regulated finance in Europe and beyond.”

To this end, one initiative announced along with the company’s funding was Copla Bridge, a new platform layer that will help partners, consultants, and multi-entity organizations manage compliance issues across companies from a single, unified view. Copla Bridge is designed to help organizations that must centralize compliance across subsidiaries, regulated entities, or a group structure, a major challenge for most organizations that do not have the requisite tooling and infrastructure.

Founded in 2023 and headquartered in Vilnius, Lithuania, Copla made its Finovate debut at FinovateEurope 2025. At the conference, the company showed how it combines three of its solutions—CoreGuardian, an AI-driven CoPilot, and VendorGuard—to provide comprehensive cybersecurity and compliance. CoreGuardian ensures compliance with key frameworks such as DORA. Copla’s CoPilot engages users individually via Slack and Teams to provide real-time education, assessments, and alerts. VendorGuard streamlines vendor management, providing risk assessments, incident planning, and prioritization.


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Copla Partners and Buck4Bug Combine Automated Compliance with Ethical Hacking

Copla Partners and Buck4Bug Combine Automated Compliance with Ethical Hacking
  • Lithuanian cybersecurity platform Copla has teamed up with Baltic-based bug bounty platform Buck4Bug.
  • The partnership will enable Copla clients to leverage Buck4Bug’s team of ethical hackers to identify cybersecurity vulnerabilities before attackers have the chance to exploit them.
  • Rebranding from CyberUpgrade earlier this year, Copla made its Finovate debut at FinovateEurope 2025 in London.

ICT security and compliance automation platform Copla announced a partnership with Baltic-based bug bounty platform Buck4Bug. The partnership will enable Copla customers to request and manage offensive testing directly inside the platform, launching scoped engagements for web, mobile, API, and cloud, or running continuous bounty programs.

“Real security isn’t just about controls, it’s about continuous proof,” Copla noted on its LinkedIn page announcing the partnership. “That’s why we’re partnering with Buck4Bug to bring together two powerful forces: automated compliance and monitoring from Copla and crowdsourced testing from a trusted network of ethical hackers. Together, we’re making it easier for companies to move beyond checklists and into real resilience.”

Buck4Bug combines deep manual expertise with focused tooling to discover security vulnerabilities that scanners often miss. The company connects organizations with ethical, “white hat” hackers to find and fix cybersecurity vulnerabilities before attackers do, validating and documenting each issue to ensure reproducible remediation. Courtesy of the newly announced partnership, Copla will convert Buck4Bug’s findings into action: prioritizing tasks, tracking fixes, scheduling retests, and providing evidence that enables teams to seamlessly move from discovery to demonstrable risk reduction.

“Modern security isn’t about snapshots, it’s about feedback loops,” Buck4Bug founder Paulius Šliavas said. “Together with Copla, we’re turning every pentest into actionable risk reduction and measurable compliance outcomes. Our hackers surface the hard-to-find issues; Copla makes sure fixes stick, risks trend down, and auditors see the story.”

Based in Vilnius, Lithuania, and founded in 2024, Buck4Bug offers bug bounty programs, penetration testing, and auction-based IT audits—all via a single platform. The company’s partnership news with Copla comes in the wake of Buck4Bug’s announcement that it has joined the Startup Lithuania Accelerator, powered by Plug and Play Tech Center, and launched its first public bug bounty program in collaboration with Fjord Bank.

Founded in 2023 and headquartered in Vilnius, Lithuania, Copla made its Finovate debut at FinovateEurope 2025. At the conference, the company demonstrated its ICT security and compliance automation platform that provides a full cybersecurity and compliance department at a subscription cost. The platform combines CoreGuardian, which ensures compliance with frameworks such as DORA; an AI-powered co-pilot to provide real-time education, assessments, and alerts to boost accountability; and VendorGuard, which simplifies vendor management by handling risk assessments, incident planning, and prioritization.

Formerly known as CyberUpgrade, the company rebranded earlier this year in a move designed to reflect its evolution beyond cybersecurity.

“After years of growing, evolving, and helping organizations secure their digital environment, we’re stepping into an exciting new phase,” the company noted on its LinkedIn page. “We are now Copla—our new name, our new vision, and our next stage of evolution. Why Copla? Because we’re no longer just about cybersecurity. COmpliance PLAtform reflects everything we do today: empowering organizations to manage compliance, risk, and security with one intelligent platform. Same team. Bigger vision. A name that matches our mission.”


Photo by David Clode on Unsplash