VC-backed Compliance Science hires new CFO

Compliance Science, which is backed by Edison Ventures, said Monday that it has named Scott Puma as chief financial officer. Previously, Puma worked at Axial where he served as vice president of finance. Based in New York City, Compliance Science is a provider of governance, risk management and compliance solutions for the financial services sector.


NEW YORK–(BUSINESS WIRE)–Compliance Science, Inc. (“CSI”), a leading provider of governance, risk management and compliance solutions, today announced that Scott Puma has joined the Company as Chief Financial Officer. Mr. Puma brings more than 20 years of experience to CSI, including financial management, operations, accounting, auditing and IPO/fundraising expertise with technology start-ups. In addition, Mr. Puma has developed financial and operational groups from inception and has implemented proper procedures, management and reporting to prepare companies for high growth.
Mitchel Kraskin, Chief Executive Officer and Co-Founder of Compliance Science, said, “Scott’s financial leadership experience at technology-focused, high-growth companies will be instrumental to CSI as we work to expand our footprint in the governance, risk and compliance solutions space. Scott joins CSI with an established track record in organically growing enterprise value at several start-up companies, as well as leading numerous successful capital raises. We are delighted to welcome Scott to CSI’s executive team and look forward to his contributions as CFO.”
Scott Puma said, “CSI’s growth trajectory is very exciting, as the demand for best-in-class governance, risk and compliance solutions continues to accelerate. With industry-leading technology and white glove customer service, CSI is well-positioned to capture new clients across an expanding array of industries. I look forward to working with Mitch and the outstanding CSI team to identify new opportunities to drive productivity, efficiency and profitability.”
Most recently, from 2012 to 2014, Mr. Puma served as Vice President of Finance at Axial, an online network for qualified professionals operating, advising, financing or acquiring private companies. Over Mr. Puma’s two years at Axial, he raised Series A funding from a top tier venture capital firm and presided over an eight-fold increase in the Company’s revenue run-rate. Prior to Axial, Mr. Puma was Vice President of Finance & Administration at, which provided institutional investors with real-time equity and fixed-income research. At, Mr. Puma laid the groundwork for rapid growth by creating a finance and operations group from inception; from 2002 to 2009, the business grew organically from $1 million to $51 million in revenue. In addition, Mr. Puma has served in senior financial and operational leadership positions at Vigilante, and Geotek Communications. A CPA by training, Scott holds a Bachelor of Science in Accounting from Rutgers University.
About Compliance Science:
Compliance Science is a New York City based global leader in providing governance, risk management and compliance solutions to the Financial Services community. Clients include leading RIAs, broker-dealers, private equity firms, hedge funds, banks, pension plans, public companies, and professional services firms – all of whom rely on CSI to help protect them from the specter of reputational damage and revenue loss from non-compliant activities.

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