Hyperproof

Hyperproof

Compliance operations platform for risk management

About

Hyperproof provides a compliance operations platform that helps organizations manage risk and ensure compliance with various regulations. The platform centralizes compliance activities, making it easier for businesses to prepare for audits and reduce redundant work. It features over 100 pre-built framework templates, such as SOC 2, ISO27001, and GDPR, allowing users to customize controls according to their specific needs. Unlike many competitors, Hyperproof focuses on delivering strong customer support, helping clients navigate the complexities of compliance. The company's goal is to foster trust in organizations by providing effective compliance solutions and exceptional customer experiences.

Company Stage

Seed

Employees

51-200

Industries

Consulting, Enterprise Software

Total Funding

$63.7M

Headquarters

N/A

Founded

N/A


Simplify Jobs

Simplify's Take

What believers are saying

  • The $40M growth funding led by Riverwood Capital positions Hyperproof for significant expansion and innovation in the compliance operations market.
  • Partnerships with industry leaders like Grant Thornton and SafeBase enhance Hyperproof's credibility and broaden its reach across various sectors.
  • The launch of the Hyperproof Community and Continuous Controls Monitoring functionality demonstrates the company's commitment to fostering collaboration and innovation in compliance management.

What critics are saying

  • The competitive landscape in compliance operations is intensifying, with new entrants like Cypago automating similar processes, potentially challenging Hyperproof's market share.
  • The complexity of integrating and unifying GRC solutions may pose challenges for Hyperproof, as indicated by the 48% of survey respondents struggling with multiple systems.

What makes Hyperproof unique

  • Hyperproof's platform offers over 100 pre-built framework templates, providing unmatched flexibility and customization for compliance needs, setting it apart from competitors.
  • The company's focus on exceptional customer service and support ensures clients can navigate complex compliance landscapes with confidence, a key differentiator in the market.
  • Hyperproof's recent expansion into Europe addresses the region's complex regulatory framework, showcasing its adaptability and commitment to global compliance solutions.

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Growth & Insights
Headcount

6 month growth

6%

1 year growth

25%

2 year growth

72%

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