Laika

Laika

Compliance platform for audits and security

About Laika

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

Industries

Enterprise Software

Cybersecurity

Company Size

201-500

Company Stage

Series C

Total Funding

$98M

Headquarters

New York City, New York

Founded

2019

Overview

Laika provides a platform that simplifies audits and compliance for businesses in the information security sector. Their service focuses on various compliance frameworks such as SOC 2, ISO 27001, HITRUST, and PCI DSS, making it easier for companies to meet these requirements. The platform, called Thororpass, allows businesses to manage their compliance processes from start to finish, ensuring there are no gaps or surprises during audits. Laika stands out from competitors by offering a single solution that adapts to a business's current compliance stage, whether they are just starting or looking to improve existing processes. The goal of Laika is to make compliance worry-free, enabling businesses to focus on their strategic growth and innovation while ensuring they meet necessary security standards.

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Simplify's Take

What believers are saying

  • Growing demand for automated compliance solutions boosts Laika's market potential.
  • Increased data privacy concerns drive businesses to seek comprehensive compliance platforms like Laika.
  • Remote work trends necessitate robust compliance frameworks, benefiting Laika's offerings.

What critics are saying

  • Rising competition from companies like Drata and Vanta challenges Laika's market position.
  • Maintaining data privacy standards is complex as Laika scales globally.
  • Over-reliance on large clients could impact Laika's financial stability.

What makes Laika unique

  • Laika offers a unified compliance-as-a-service platform, simplifying complex audit processes.
  • The platform provides end-to-end audit solutions, reducing time by 60% compared to industry standards.
  • Laika integrates expert guidance with technology, ensuring seamless compliance for businesses.

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Funding

Total Funding

$98M

Meets

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
Medium
$50M
Laika
$62M
SeatGeek
$100M
Oura

Benefits

Early equity in a fast-growing company

Unlimited PTO

Remote work from home model

Stipend for home office equipment

Quarterly wellness and home wifi stipend

Paid courses and certifications

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Laika
Mar 2nd, 2023
Laika Welcomes Dicken Chaplin as First CFO

After an exhaustive search, Laika is excited to welcome Dicken Chaplin as its first-ever CFO!

TechCrunch
Nov 8th, 2022
Laika laps up $50M for its automated security compliance platform

GDPR, HIPAA, SOC 2... compliance is the order of the day for organizations wanting to work together and to keep customers' trust.

PR Newswire
Aug 30th, 2022
Glean Ai Completes Soc 2® Type 1 Attestation With Laika

Glean AI is committed to the industry's highest standards for managing customer data and has partnered with Laika to build credibility with customers. NEW YORK, Aug. 30, 2022 /PRNewswire/ -- Glean AI , a SaaS company that helps businesses save money through deep insights and automation, announced today they have completed the SOC 2® Type 1 attestation

PR Newswire
Jul 27th, 2022
Hubsync Completes Soc 2® Type 1 Certification With Laika

Achieving SOC 2 compliance highlights HubSync's commitment to the top CPA firms and tax professionals' highest standards for managing customer data. BOSTON, July 27, 2022 /PRNewswire/ -- HubSync , the industry's first fully digital, end-to-end productivity platform for top CPA firms and tax professionals, announced today they have completed the SOC 2® Type 1 examination and are officially SOC 2 compliant

PR Newswire
Jun 28th, 2022
Reprise Completes Soc 2® Type 2 Audit, Enhancing Commitment To Security, Privacy, And Confidentiality

BOSTON, June 28, 2022 /PRNewswire/ -- Reprise , the only demo creation platform go-to-market teams use to create both live and guided demos, announced the successful completion of its System Organization Control (SOC) 2 Type 2 audit. The American Institute of Certified Public Accounts (AICPA) developed the SOC 2® Type 2 auditing standards, requiring all security practices and processes meet or exceed AICPA Trust Service Criteria. Reprise

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Laika is Hiring for 10 Jobs on Simplify!

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