Durava logo

Durava

AI-powered audit platform for internal audit and compliance teams in regulated industries

Compliance & Regulatory Startup Bootstrapped
Visit Website

Overview

Durava is a compliance and regulatory technology platform for internal audit departments in regulated organizations, including insurers and financial institutions. Founded in 2024 in Cologne, the company delivers an AI-assisted audit lifecycle system that supports Solvency II and SFCR reporting requirements alongside a broad set of additional regulatory frameworks.

The platform automates each phase of the audit process -- from annual planning through execution, reporting, and follow-up -- using AI to analyze documents, identify risks, and generate compliance reports. Rather than sampling-based reviews, the system applies coverage to the full document set, reducing audit report generation time from weeks to hours. All data is processed on German infrastructure under GDPR-compliant terms, with customer documents isolated from AI model training.

Durava targets internal audit and compliance teams at banks, insurers, and critical infrastructure operators. The platform supports multiple regulatory frameworks relevant to the European insurance sector including Solvency II, SFCR, DORA, NIS2, MaRisk, TISAX, ISO 27001, and Basel III. The company is early-stage with no publicly disclosed funding and claims rapid time-to-value with deployment measured in days rather than months.

Products & Services

Audit Management Platform

End-to-end audit lifecycle management system covering planning, preparation, execution, reporting, and follow-up phases. Uses AI to automate document analysis, risk identification, and compliance monitoring across regulated industries.

Key Features

  • Full audit lifecycle workflow from annual planning to case closure
  • AI-assisted document review with coverage of entire document sets (not sampling)
  • Automated regulatory report generation reducing turnaround from weeks to hours
  • Traceability of every finding back to its source document

Target Users: Internal audit departments and compliance teams in banks, insurers, and critical infrastructure operators

Augmented Auditing

AI-enhanced audit methodology combining machine learning with human auditor expertise. The platform handles repetitive document review and pattern recognition, freeing auditors for higher-value judgment and advisory tasks.

Key Features

  • Document analysis time reduction of up to 70%
  • Human-in-the-loop design retaining auditor control over judgment calls
  • Pre-built audit frameworks and templates for rapid deployment
  • Support for PDF, Word, Excel, and PowerPoint document formats

Target Users: Internal auditors and risk managers in regulated entities

Regulatory Compliance Modules

Dedicated compliance modules for European and international regulatory frameworks, with coverage designed for regulated financial services and insurance entities.

Key Features

  • Solvency II and SFCR compliance for insurance entities
  • DORA gap analysis, action planning, and audit-ready inspection reports
  • NIS2, MaRisk, TISAX, ISO 27001, and Basel III frameworks
  • GDPR-compliant processing in German data centers

Target Users: Compliance officers and internal audit teams at insurers, banks, and critical infrastructure firms

At a Glance

Founded
2024
Headquarters
Cologne, Germany
Employees
1-10
Funding
Bootstrapped

Category & Focus

Category
Compliance & Regulatory
Subcategories
Regulatory Reporting Audit Management GRC
Insurance Verticals
P&C Commercial Specialty/E&S Life & Annuity
Target Customers
Carriers, MGAs/MGUs, Brokers

Customers

  • [Unknown] (no publicly announced customer names)

Links

Similar Companies

Last updated: 2026-06-03