NAVEX

NAVEX

GRC software platform for risk management

Overview

NAVEX Global acquired LockPath, and its Keylight SaaS helps organizations manage governance, risk, and compliance (GRC) and integrated risk management (IRM) across policies, risk assessments, vendor risk, incident response, audit management, and business continuity. Keylight is modular and cloud-based (with on-premises or hybrid options) and built on a patented Dynamic Content Framework that lets users configure without code, while it aggregates data from many internal and external sources for a centralized view. Unlike some competitors, it combines multiple GRC domains in one platform and emphasizes no-code configuration and data aggregation to support holistic risk decisions. Its goal is to provide an integrated GRC and IRM solution that helps organizations meet regulatory requirements, achieve audit readiness, and improve risk-based decision making.

About NAVEX

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

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

1-10

Company Stage

Series B

Total Funding

$8M

Headquarters

Overland Park, Kansas

Founded

2010

People at NAVEX

People at NAVEX who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Nira for Analytics enables compliance teams to identify emerging risk signals and trends faster within existing workflows.
  • NAVEX is expanding Nira capabilities into reporting and investigations to build a comprehensive AI-powered compliance system.
  • New AI-powered workflows now cover whistleblowing, policy management, and multilingual employee guidance across the NAVEX One platform.

What critics are saying

  • Agentic AI automates 40–60% of manual compliance tasks within 12 months, eroding NAVEX's $250M+ annual revenue base.
  • Nira enables 75% of Fortune 100 clients to detect risks 3x faster, making NAVEX's manual Keylight platform obsolete for enterprise scoring.
  • Third-party tools integrated with Nira enable Fortune 100 clients to bypass NAVEX's Vendor Manager module, eliminating $30M+ annual revenue.

What makes NAVEX unique

  • NAVEX launched Nira, an agentic AI assistant built specifically for risk and compliance workflows.
  • Nira leverages NAVEX's proprietary domain knowledge and industry benchmark data unlike general-purpose AI tools.
  • NAVEX serves 13,000 organizations globally, including 75% of Fortune 100 and Fortune 500 companies.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$8M

Below

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Professional Development Budget

Wellness Program

Flexible Work Hours

Performance Bonus

Company News

Black Sea Grain Initiative
Jan 21st, 2022
LockPath, Inc. launched Keylight 4.7 on Jul 1st 17'.

In July 2017, LockPath released Keylight 4.7, an upgraded version of its Keylight platform suite.

Business Wire
Sep 16th, 2021
LockPath, Inc. recognized as IT Risk Management Magic Quadrant on Jan 1st 15'.

The company’s integrated risk management solution, Lockpath, has been named in every IT Risk Management Magic Quadrant since the report’s inception in 2015.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for NAVEX right now.

Find jobs on Simplify and start your career today

We update NAVEX's jobs every few hours, so check again soon! Browse all jobs →