Innovation Matrix Assessment
Extends an existing compliance SaaS platform with expanded automation and framework coverage rather than a novel technical approach.
Serves over 2,000 European customers with a live modular compliance platform, indicating real operational scale.
Closed a $16.5M Series A in January 2026 led by Riverside Acceleration Capital to fund European expansion.
Competes within the established GRC/compliance-automation category rather than redefining it.
Meaningful claimed scale (2,000+ customers) suggests real adoption, though independent audit-outcome data was not found.
Directly addresses mounting EU regulatory pressure (NIS2, EU AI Act) facing mid-market companies.
Why CISOs Should Care
Gives CISOs and DPOs a unified platform to manage GDPR, NIS2, ISO 27001, and EU AI Act compliance obligations alongside IT security controls, serving 2,000+ European customers.
What Makes It Different
Merges IT security and regulatory compliance into one modular SaaS platform rather than treating them as separate tools, targeting the fragmented European mid-market compliance space.
The Matrix Verdict
52/100 — INCREMENTAL INNOVATOR
An established (2020-founded) Berlin compliance vendor with real scale (2,000+ customers) that closed a $16.5M Series A to expand across Europe.
Editorial Note: Claims vs. Verified Findings
The deal record listed this company as 'Heynata'; research confirms this refers to heyData GmbH (Berlin) -- matched on funding amount ($16.5M Series A), announcement date (2026-01-28), sector, and location.
Sources
Alternatives to heyData
Vanta
Continuous automated compliance monitoring platform that replaces manual audit evidence-gathering with live, integration-based control checks.
AuditBoard (rebranded Optro)
Connected-risk platform for audit, SOX, risk, and compliance, recently rebranded from AuditBoard to Optro under an AI-agent-driven repositioning.
Arcova
Cybersecurity advisory and managed services firm, rebranded from MorganFranklin Cyber, offering GRC, IAM, OT security, and a cloud-based…
Credo AI
AI governance platform that discovers, assesses, and continuously monitors enterprise AI systems and agents against regulations like the…
Level 6 Cyber
CISO ReviewedContinuous decision-intelligence platform (LISN) that replaces point-in-time security audits with a live digital twin of a CISO's program.
Drata
Continuous compliance automation platform, Vanta's closest direct competitor, covering SOC 2, ISO 27001/42001, HIPAA, PCI DSS, DORA, and…