AuditBoard

AuditBoard

GRC software for audit and compliance

About

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. Unlike competitors, AuditBoard offers specialized modules for various GRC aspects, simplifying complex tasks and improving efficiency. The company's goal is to empower organizations to effectively manage their compliance and risk management needs.

Company Stage

Acquired

Employees

501-1,000

Industries

Enterprise Software, Financial Services

Total Funding

$42.4M

Headquarters

Cerritos, California

Founded

2014


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Simplify's Take

What believers are saying

  • Growing demand for ESG solutions boosts AuditBoard's market potential.
  • Rising adoption of AI enhances audit process efficiency and accuracy.
  • Remote work expansion increases need for cloud-based GRC solutions.

What critics are saying

  • Increased competition from emerging GRC software providers threatens market share.
  • Technological advancements require costly updates to remain competitive.
  • Economic downturns in client industries may reduce 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 in real-time.
  • AuditBoard's SaaS model ensures continuous updates and improvements.

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Growth & Insights
Headcount

6 month growth

6%

1 year growth

14%

2 year growth

39%

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