Cadensworth
Cadensworth collected and preserved the evidence banks need at audit. Acquired by a governance software group in 2023.
Why we investedSecurity / Series A 2017
What we saw in Cadensworth.
Banks spend more on proving a control works than on the control itself. Most of that spend is people copying screenshots into folders.
Wei had run internal audit at a regional bank and knew which evidence auditors accept without argument.
One of our earliest investments and our first exit of size. It also taught us that compliance buyers renew forever if the audit goes smoothly.
At a glance
The company in short.
- Founded
- 2016, Singapore
- Founders
- Wei Tan and Nadia Haq
- Sector
- Security
- First cheque
- Series A, 2017
- Our role
- Led the seed, followed on at Series A
- Partner
- Amara Okonjo
- Status
- Acquired
- Website
- cadensworth.com
Milestones
How Cadensworth has moved.
2016
Founded in Singapore by an auditor and an engineer.
2017
Rifatela led the seed.
2023
Acquired by a governance software group.
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