Cortea
Track on RadarAI-powered audit automation platform for European auditors and regulated firms
- Total raised
- $17.05M
- Employees
- 18
- Founded
- 2024
- Momentum
- 46
Cooling
Data updated August 2026
About
About Cortea
At a glance
Cortea is a cybersecurity company specializing in GRC, founded in 2024 and headquartered in Berlin, Germany. It has raised $17.05M in total funding, employs about 18 people, and is privately held.
Cortea is a Berlin-based company that develops AI-powered audit automation software for the European market. The platform is designed to assist auditors and regulated companies by automating tedious manual tasks, document processing, and compliance workflows. The solution targets audit firms and organizations that must comply with extensive regulatory requirements, particularly in sectors like banking and finance where compliance with over 100 regulations is common. The platform focuses on three core capabilities: acceleration of audit processes through automation, accuracy in audit execution, and transparency in audit operations. By automating repetitive tasks such as document review and data processing, Cortea aims to reduce manual workload and allow auditors to focus on higher-value analytical work and client interactions. The company emphasizes its European development approach and German data residency, positioning itself as a compliance-focused solution built specifically for the European regulatory environment. Cortea serves both external audit firms and internal audit departments within regulated enterprises. The platform has reportedly eliminated over 1,200 days of manual work for its existing customer base. The company was founded by Valentin Neumann and Philipp Hövelmann, and is backed by Cherry Ventures. The team comprises professionals with backgrounds in auditing and technology sectors, focusing on applying modern AI capabilities to transform traditional audit workflows and compliance processes.
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FAQ
Frequently asked questions about Cortea
When was Cortea founded?▾
Cortea was founded in 2024.
Where is Cortea headquartered?▾
Cortea is headquartered in Berlin, Germany.
How much funding has Cortea raised?▾
Cortea has raised a total of $17.05M in total funding.
Is Cortea public or private?▾
Cortea is a privately-held company.
How many employees does Cortea have?▾
Cortea has approximately 18 employees.
What does Cortea do?▾
Cortea is a Berlin-based company that develops AI-powered audit automation software for the European market. The platform is designed to assist auditors and regulated companies by automating tedious manual tasks, document processing, and compliance workflows. The solution targets audit firms and org…