AuditBoard

AuditBoard

GRC software for audit and compliance

About AuditBoard

Simplify's Rating
Why AuditBoard is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

Financial Services

Company Size

501-1,000

Company Stage

Acquired

Total Funding

$42.4M

Headquarters

Cerritos, California

Founded

2014

Overview

AuditBoard provides Governance, Risk, and Compliance (GRC) software solutions for large enterprises, including many Fortune 500 companies. Its platform automates and manages audit, risk, and compliance programs in real time, enabling teams to collaborate and report from anywhere. The company operates on a Software-as-a-Service (SaaS) model, offering specialized modules for different GRC aspects, which simplifies complex tasks and improves efficiency. AuditBoard's goal is to empower organizations to effectively manage their compliance and risk management needs.

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Funded Recently
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Simplify's Take

What believers are saying

  • AuditBoard ranked #1 in enterprise Security Compliance in G2 Winter 2025 Grid Report.
  • The company was named 'Overall Risk Management Solution of the Year' in 2024.
  • AuditBoard's new analytics suite enhances data insights for clients.

What critics are saying

  • Emerging GRC software providers offer innovative solutions at lower costs.
  • Continuous updates may be costly due to rapid technological advancements.
  • Economic downturns could reduce client spending on GRC solutions.

What makes AuditBoard unique

  • AuditBoard offers a fully integrated GRC platform for large enterprises.
  • The platform automates audit, risk, and compliance programs with real-time reporting capabilities.
  • AuditBoard's SaaS model ensures continuous updates and improvements to its software.

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Funding

Total Funding

$42.4M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:
Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 1%

2 year growth

↑ 5%
Business Wire
Jan 15th, 2025
AuditBoard Appoints Former SAP and Growth Company Executive April Crichlow as Chief Marketing Officer

AuditBoard appoints former SAP and growth company Executive April Crichlow as Chief Marketing Officer.

Silicon Canals
Jan 7th, 2025
AuditBoard Ranked #1 in Enterprise Security Compliance in G2 Winter 2025 Grid Report

AuditBoard ranked #1 in enterprise Security Compliance in G2 Winter 2025 Grid Report.

Business Wire
Dec 5th, 2024
Fortune Media and Great Place To Work(R) Name AuditBoard to 2024 Best Workplaces for Parents List

AuditBoard was also named one of Forbes' 2024 Best Startup Employers in America.

The Globe and Mail
Oct 24th, 2024
AuditBoard and Protiviti Streamline Audit Lifecycle Management With Joint Capabilities

Analytics Accelerators combine AuditBoard's modern connected risk platform with Protiviti's advanced analytical expertise to offer customers deeper insights into their data.

Business Wire
Oct 21st, 2024
AuditBoard Appoints Former Audit Executive and CIO Justin Greenberger as Chief Customer Officer

LAS VEGAS-(BUSINESS WIRE)-2024 AUDIT & BEYOND CONFERENCE - AuditBoard, the leading cloud-based platform transforming audit, risk, ESG, and InfoSec management, today announced Justin Greenberger has joined the company as Chief Customer Officer to continue delivering exceptional customer experiences amidst continued rapid growth and international expansion.

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