The timing is deliberate. August 2 marked the point at which national regulators across the EU gained new powers to enforce the general-purpose AI transparency provisions of the AI Act, and more stringent high-risk rules follow in 2027. That enforcement calendar, layered on top of an already complex stack of European regulation, is the market Reggy is targeting.
Global regulatory enforcement fines reached a record $19.3 billion in 2024, according to analysis by Corlytics. A PwC survey found 64 percent of CEOs name regulation as the top barrier to reinventing their business. A separate 2025 PwC study found 72 percent of executives say compliance complexity has hurt profitability.
Reggy’s approach is to replace what it describes as the typical enterprise compliance setup: multiple point solutions covering individual areas such as privacy or information security, glued together with spreadsheets and institutional knowledge held by a small number of specialists. The platform covers anti-corruption, health and safety, ESG, ISO 27001, ISO 37301/37001, and VSME reporting alongside the major EU regulatory frameworks, and adds new frameworks in days rather than months.
The company, which was previously operating as Fortifai, has been running in beta since 2024. Its current customer base includes Telenor, Aker BioMarine, Ardoq, and Mainstream Renewable Power.
“We use Reggy as our compliance knowledge center, bringing everything into one place instead of having it spread across different systems. It gives us a strong foundation that’s simple to build upon as our needs grow,” said Lars Jacobsen, SVP General Counsel at Aker BioMarine.
Abbey Lin, Reggy’s CEO, spent twenty years in compliance leadership roles at Microsoft, KPMG, and Yara International before founding the company. Her argument against the conventional framing of European regulation as a business burden is direct: “The debate in Europe frames regulation as the enemy, as if less of it would let companies get on with the job. I don’t buy that. Racing to the bottom on protections was never the answer, and it isn’t what’s made Europe the place people want to live in. What sets Europe apart is digital sovereignty, citizen protection, independence from foreign platforms. The problem isn’t the regulations. It’s that we’ve made compliance so complicated it erodes the very safeguards it was built to defend.”
Reggy is backed by Norwegian funds Startuplab and RunwayFBU, and pan-European impact fund Impact Shakers. The company is focusing on European markets before expanding globally. The governance, risk, and compliance software market is projected to grow by $44.2 billion between 2025 and 2029 at a 14.2 percent annual rate, according to Technavio.
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