AudITech

Company Overview

Snapshot

Founded in November 2020 by Eli Edry, AudITech operates with 1-10 employees. The company completed one funding round with VAT IT Ventures as a lead investor. AudITech was acquired by Scytale in June 2025.

Business overview

AudITech provides an end-to-end IT General Controls automation solution, focusing on making IT audits smart, simple, and valuable. The company's core technology enables organizations to integrate and audit various IT systems, continually monitoring IT general controls from a single device. AudITech serves enterprises within the Business Software sector, specifically targeting IT, R&D & Data Solutions, and Software Development Tools markets.

Strategic signal

The acquisition of AudITech by Scytale in June 2025 for approximately $15 million signals a strategic consolidation within the compliance automation market. This move enhances Scytale's AI-driven compliance system by integrating AudITech's specialized Sarbanes Oxley IT General Controls technology, indicating a growing demand for comprehensive, automated IT audit solutions and a focus on expanding capabilities for managing SOX audits.

Company Intelligence Q&A

What was a significant recent corporate development for AudITech?

In June 2025, AudITech was acquired by Scytale for approximately $15 million. This acquisition integrated AudITech's SOX IT General Controls technology into Scytale's AI-driven compliance system.

When was AudITech founded and by whom?

AudITech was founded in November 2020 by Eli Edry.

What is AudITech's primary focus in the market?

AudITech focuses on providing fully automated IT audit compliance solutions, specializing in IT General Controls automation to streamline IT audits for businesses.

What was the outcome of AudITech's participation in the Mamram Space program?

AudITech graduated from the Mamram Space accelerator program in June 2022.