
WIPIT advised Auxilius on a €1.3 million pre-seed financing round led by High-Tech Gründerfonds. Other investors in the round include Techstars and experienced industry business angels.
Auxilius develops AI agents that translate policies, risk and control matrices, and regulatory requirements into deterministic and audit-proof code. This enables continuous monitoring and automated execution of controls. Given that approximately 80% of corporate controls are still performed manually today, Auxilius is addressing one of the biggest challenges in the Governance, Risk & Compliance (GRC) sector.
The WIPIT team consisted of Dr. Wolfgang Weitnauer and Marius Tauchmann (both Munich).
We would like to thank Christian Hoppe and James Barnes for their trust and the excellent collaboration throughout the entire transaction process.
We congratulate Auxilius on this important milestone and wish the entire team continued success.