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Optro provides a cloud-based GRC platform that unifies audit, risk, information security, and compliance teams in one system. It serves over 2,000 enterprises, including more than half of the Fortune 500, using a SaaS product that combines internal audit, cybersecurity, third-party risk, and AI governance into a connected risk model. Its agentic AI continuously analyzes risk signals, tests controls, identifies emerging risks, and recommends actions, while automating evidence collection and continuous monitoring. By breaking down silos and expanding through acquisitions like FairNow, Optro aims to deliver ongoing visibility and actionable governance across the enterprise.
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2014
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Optro launches 'Optro Partner Connect' to power Global GRC ecosystem growth. Jul 14, 2026, 09:00 ET The new partner program offers partners flexible ways to go to market, extensive enablement, and marketing support, helping partners win with the premier GRC Intelligence Platform. SAN FRANCISCO, July 14, 2026 /CNW/ - Optro (formerly AuditBoard), the leading AI-powered GRC Intelligence Platform empowering enterprises to transform risk into opportunity, today announced the formal launch of Optro Partner Connect. The new partner program offers partners flexible ways to go to market, a comprehensive suite of enablement, certification, technical, and co-marketing support, and a clear, predictable path to expand into new markets, deepen their service offerings, and drive lasting customer outcomes. Optro Partner Connect replaces legacy frameworks with a modular design centered around distinct partner tracks, initially launching with Advisory Partners and Solutions Providers, and a transparent tier structure in which benefits grow as partners do. Because benefits are tiered, partners will know exactly what they can access and unlock at each stage of their journey with Optro. Supporting every partner is a dedicated Partner Center of Excellence (PCoE): a team solely focused on partner success that guides firms through onboarding and ongoing "everboarding," helping partners reach their first wins sooner and maintain a clear line of sight on their next stage of growth. "Partners are a critical growth engine for Optro, and Optro Partner Connect ensures our ecosystem's experience matches the enterprise-grade quality of our platform," said Scott Whitlock, Global VP of Alliances and Channels at Optro. "By moving away from transaction-only metrics and adopting a holistic evaluation of capacity and competency, we are giving our partners a clear blueprint to build highly profitable services practices around our GRC Intelligence Platform." A differentiator of the program is Optro's roadmap to weave an AI layer throughout the partner experience to give partners back time and help them win by automating repeatable manual tasks, surfacing real-time co-sell guidance in the field, and personalizing each partner's onboarding so they can spend less time on administration and more time on value creation. Key Program Highlights At-A-Glance * Flexible Tracks & Engagement Models: Partners choose how they go to market across the Advisory and Solutions Provider tracks, referring, selling, or servicing with a transparent tier structure, a flexible legal framework, and recognized status as they grow. Financial and servicing incentives reward that momentum, and a services-rich platform offers eligible partners room to build a high-value practice across the full customer lifecycle - from implementation and advisory through managed services. * Enablement, Expertise, and Market Presence: A comprehensive benefits suite spanning role-based training and certification, deep technical and co-sell support, and co-branded marketing resources. Beyond a searchable partner directory that helps customers find them, qualified partners have a path to build their own solutions, integrations, and accelerators with Optro - turning their expertise into valuable IP. * A Strategic Voice for Optro: Through continuous feedback loops and a formal Partner Advisory Board, invited partners can participate in roadmap and go-to-market strategy discussions, helping to impact the future of connected GRC alongside Optro's leadership rather than just delivering it. "Our collaboration with Optro helps us transform how our clients handle audit and compliance," said Adam Pajakowski, Principal at Crowe. "Through this new partner program, we can continue to help companies move away from outdated, manual processes. We look forward to expanding our work together and continuing to drive great results for our joint clients." "We're excited about the launch of Optro Partner Connect and the added structure it brings to an already strong collaboration," said Andrew Struthers-Kennedy, Global Lead, CAE Solutions, Protiviti. "The program introduces clearer alignment, more formal recognition, and a scalable framework for how we work together, which we believe will help drive greater consistency and impact as both organizations continue to grow." Optro Partner Connect formally goes live today. Comprehensive program briefs, regional guides, and deal registration resources are now available to active partners via a unified, updated partner portal. To learn more or apply to join Optro Partner Connect, visit optro.ai. About Optro Optro (formerly AuditBoard) helps enterprises transform risk into opportunity through its AI-powered GRC Intelligence Platform. More than 50% of the Fortune 500 trust Optro to elevate audit, risk, and compliance in addressing a new era of risk. Optro is top-rated by customers on G2 and was named a Leader in the 2025 Gartner(R) Magic Quadrant(TM) for Governance, Risk and Compliance (GRC) Tools, Assurance Leaders. To learn more, visit optro.ai. SOURCE Optro, Inc
Risk management firm Optro opens Singapore hub. The AI-powered governance, risk and compliance platform aims to disrupt the underserved Asia-Pacific market and help customers such as Singapore's OCBC Bank modernise their audit functions. Published: 26 Jun 2026 3:13 As organisations grapple with growing digitalisation, cyber threats, and shifting regulations, Optro, an artificial intelligence (AI)-powered governance, risk, and compliance (GRC) management platform, has formally launched its Asia-Pacific (APAC) expansion with a new regional hub in Singapore. Previously known as AuditBoard, the company announced the move this week at the Institute of Internal Auditors International Conference in Singapore. Used by over half of the Fortune 500, Optro is pitching its GRC tools to the APAC market that its executives say has been underserved. "There hasn't been disruption in this market in a very long time," Justin Greenberger, Optro's chief customer officer told Computer Weekly. "You have legacy players who have been here for quite a while that have not innovated in the way that Optro has been able to do recently." For years, risk management in the region has relied heavily on bespoke, customised applications that Greenberger described as "workflow tools masquerading as SaaS [software-as-a-service] products". This is no longer tenable for organisations coping with digital disruption - including from the use of AI - which poses business risks. A common challenge for enterprises adopting AI has been data readiness, the arduous process of cleaning and structuring data before an AI can parse it. But Greenberger, who previously led IT cyber security audits for General Electric, dismissed the narrative as outdated. "I think the data readiness talk is overstated," he said. "In the AI world that we're living in, with the agentic layer and almost instant views that you're creating off the data, I don't think that's as big of a concern as everyone is making it out to be." Instead, the real challenge is internal alignment, that is, getting compliance, risk, and audit teams to speak a common language. A term like "residual risk", for example, "could mean five different things to five different people," Greenberger noted. To address the complexities in GRC, Optro has been on a buying spree. In October 2025, the company acquired FairNow, an AI governance technology, allowing enterprises to inventory their AI models and manage third-party risks. More recently, it acquired Midship, an AI-native controls testing platform that automates up to 87% of controls management, freeing up auditors to focus on broader strategic risks. Optro's software allows customers to leverage frontier AI models like Anthropic's Claude and Google's Gemini through the model context protocol, so they can use standard operating procedures and their proprietary data to prompt the system, such as asking the AI how to simplify costly internal controls. The company has also developed a base AI model but given the sensitive nature of corporate audits, Greenberger said the model is ring-fenced. "Because of the regulation and the types of data we deal with, we do not self-train those models on our own platform," he said, ensuring confidential data never enters the open domain. The launch of the Singapore hub comes after Optro spent some time researching the local market and building relationships with global professional services firms like KPMG before formalising its entry. Optro plans to introduce local data hosting in Singapore shortly and is currently hiring for regional account coverage, which will allow the company to provide 24-hour global support. Financial institutions, which operate in some of the most heavily regulated environments in the world, are a primary target for the company's APAC expansion. Singapore's OCBC Bank is already tapping Optro's platform to modernise its internal audit function. "At OCBC, we continuously enhance our audit capabilities to support the bank's next frontier strategy," said Harry Lim, head of group audit at OCBC Bank, in a statement. "Leveraging platforms like Optro allows us to sharpen our focus on what matters most and ensures consistent, high-quality audit delivery across the organisation." Despite the growing integration of AI, which could theoretically automate so much work that fewer human auditors require software licences, Optro is sticking to a per-seat pricing model, rather than moving to consumption-based licensing. Greenberger said this provides financial certainty for enterprises that want predictability, adding: "We don't like being surprised when we have token costs, so I think predictability is going to really matter as these things evolve." Ultimately, Optro's pitch to the APAC region is around helping customers achieve returns on their investments and putting an end to software tinkering. "I can't tell you how many people have said to me that they're tired of customising the solution," Greenberger said. "Their total cost of ownership is through the roof, and their software is terrible to maintain. I think there's a big desire in the market to move to standardisation." * Hitachi will use OpenAI's Codex agent to unpick ageing mission-critical systems and gain early access to its frontier AI models in a slew of high-profile Japanese partnerships for the US AI lab. * Oxford Economics report reveals that pursuing total AI self-sufficiency will lead to economic trade-offs, delayed enterprise adoption and higher carbon footprints across the Asia-Pacific region. * Alibaba Cloud unveils two new datacentres in Johor, cementing its largest infrastructure presence in Southeast Asia while capitalising on spillover demand from Singapore. * Kmart is deploying Google Cloud's AI capabilities to let customers preview clothes on themselves and visualise furniture in their homes as it embraces conversational commerce to win over shoppers.
Optro named a market leader by Gartner, Forrester, Fast Company, and more. Optro staff ON THIS PAGE Optro has kicked off 2026 with major recognition validating its market leadership in GRC. As enterprises demand GRC platforms that can keep pace with emerging AI risks, independent analysts are taking notice of how Optro delivers an AI-powered system of action. Optro, Inc. has detailed these accolades below as a consolidated resource for reviewing how analyst reports and industry bodies rank Optro's platform capabilities. This momentum reflects an ongoing commitment to the solutions, partnerships, and talent required to help enterprises stay ahead of a rapidly evolving risk landscape. Analyst recognition for GRC, third-party risk management, and AI governance. 2026 Gartner(R) Magic Quadrant(TM) for Third-Party Risk Management tools. Gartner named Optro a Leader in the 2026 Magic Quadrant(TM) for Third-Party Risk Management Tools for Assurance Leaders. Optro was placed furthest to the right on Completeness of Vision, validating the company's strategic roadmap and market understanding. The recognition reflects how Optro's Third-Party Risk Management solution helps organizations proactively detect and manage risks across the vendor lifecycle, a challenge that grows more urgent as AI reshapes vendor ecosystems. The Forrester Wave(TM): Governance, Risk, And Compliance Platforms, Q2 2026. Optro was named a Leader in The Forrester Wave(TM): Governance, Risk, And Compliance Platforms, Q2 2026. Optro earned the highest scores possible in several criteria, including AI governance and risk management, audit management, and user experience. The Responsible AI Solutions Landscape, Q2 2026. Optro was also included as a notable vendor in The Responsible AI Solutions Landscape, Q2 2026, Forrester's overview of 30 vendors offering software that helps organizations ensure their AI models and systems are explainable, accountable, and trustworthy. The report lands at a moment when responsible AI has become central to how organizations govern AI, with oversight responsibilities expanding beyond data science teams to CIOs, CISOs, and legal and risk leaders. Optro's profile in the report highlights three extended use cases as areas of focus: AI policy management and enforcement, human oversight, and third-party risk management, capabilities that sit at the heart of how GRC teams bring AI under unified governance. Gartner(R) Market Guide for Audit Management Software. Optro is recognized as a Representative Vendor in the latest Gartner(R) Market Guide for Audit Management Software. Optro provides capabilities purpose-built for auditors, helping teams streamline workflows, automate testing, and deliver real-time insights to the business. Optro is a top-rated ERM tool on G2. Optro is a top-rated enterprise risk management (ERM) tool for mid-market teams, according to G2's Summer 2026 Mid-Market Grid(R) Report. The placement reflects how audit and risk leaders rate the platform on satisfaction and market presence. That score comes from audit and risk teams who finally have controls, evidence, and testing status organized in one place. Reviewers at mid-market companies describe running parallel audits without losing track of open items, and giving stakeholders real-time visibility into program status without anyone needing to chase it down. Industry awards for innovation and cybersecurity. Fast Company's most innovative companies of 2026. Optro joined the ranks of global giants on Fast Company's prestigious list of the World's Most Innovative Companies for 2026, a recognition reserved for organizations reshaping their industries. 2026 Artificial Intelligence Excellence Awards. The Business Intelligence Group named Optro a winner in the 2026 Artificial Intelligence Excellence Awards. The award celebrates organizations that use responsible, results-driven AI to solve real-world problems, a standard that sits at the core of how Optro builds for GRC teams. Business Intelligence Group 2026 Fortress Cybersecurity Awards. 2026 Fortress Cybersecurity Awards, which honored organizations, products, and leaders across 27 categories and six countries. Judged by a panel of experienced security and business professionals, the program recognizes measurable progress in digital defense, with this year's class defined by accountability and AI-powered protection. 2026 Global InfoSec Awards. Cyber Defense Magazine awarded Optro the "Market Leader in Governance, Risk and Compliance (GRC)" title at the Global InfoSec Awards for 2026, a recognition of the platform's leadership across the GRC category. The Cloud Awards: fintech award winner. Optro was named a winner at The Cloud Awards' 2026 FinTech Awards, which feature some of the world's leading organizations in financial technology. The judges stated that "Optro is the clear winner in this category for transforming how organizations approach risk, audit, and compliance in an increasingly complex regulatory environment. By unifying these functions into a single, AI-powered platform, it eliminates fragmentation and delivers a level of visibility and control that is both practical and scalable. The measurable impact, including significant efficiency gains and adoption across more than half of the Fortune 500, demonstrates real-world value at enterprise scale. This combination of innovation, execution, and market leadership makes Optro a standout winner at The FinTech Awards." Learn why over half of the Fortune 500 trust Optro. These consecutive recognitions from analysts, industry groups, and users reflect Optro's dedication to product innovation, strong partnerships, and an incredible team. They also point to where GRC is headed: away from static systems of record and toward AI-powered action. Put Optro's agentic GRC system of action to the test Gartner does not endorse any company, vendor, product, or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner's business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose. Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. This report is part of a broader collection of Forrester resources, including interactive models, frameworks, tools, data, and access to analyst guidance. For more information, read about Forrester's objectivity here. Optro is the leading AI-powered GRC platform, transforming the way the world's biggest companies manage risk. More than 50% of the Fortune 500 trust Optro to elevate their audit, risk, and compliance management.
Optro, an AI-powered GRC platform trusted by over half of the Fortune 500, has expanded into Singapore, establishing its newest regional centre to serve the Asia Pacific market. The announcement was made at The Institute of Internal Auditors International Conference 2026 in Singapore. The expansion addresses growing demand in APAC, where 39% of organisations identify digital disruption and AI among their most significant business risks, according to the Internal Audit Foundation's Risk in Focus 2026 report. Optro's Singapore hub will provide localised support and access to agentic GRC tools, including recently acquired Midship's autonomous controls testing solution, which automates up to 87% of controls management. The company was recently named a Leader in The Forrester Wave GRC Platforms report and Gartner Magic Quadrant for GRC Tools.
Optro expands to Singapore, boosting APAC growth. Optro's bold move into Singapore. Ever caught yourself wading through the tangled mess of global governance? Well, Optro - formerly AuditBoard - is diving headfirst into the fray, now with a new hub in Singapore. This isn't some run-of-the-mill business shuffle. For Optro, it's a power play targeting Asia Pacific's rapidly evolving regulatory landscape. Their platform, topping the charts for over half of Fortune 500 companies, is now front-row center stage in the APAC theatre. Why Singapore matters. Singapore isn't just any city; it's the line in the sand for digital innovation and finance in the region. The government's push for responsible AI and increasingly rigid regulations stands to benefit from Optro's global brainpower and automated GRC prowess. If you're snoozing on the APAC market, wake up! The shift is seismic. Remember, 39% of organizations view digital disruption among their top risks, but hey, who's counting? Tackling the APAC maze. Optro's timing couldn't be better. The Internal Audit Foundation's report points to the ticklish issues like regulatory upheaval and AI upheavals accounting for 58% of audit priorities. Why wrestle with that alone when Optro's rolling out a smorgasbord of automated tools and localized expertise right onto APAC's doorstep? "Global risk teams today are being asked to do more than ever before," Raul Villar Jr., Optro's CEO, wasn't mincing his words. Putting tech fireworks alongside a local touch - now that's the kind of strategic maneuvering that keeps me from tossing and turning. Leveraging local and global insights. You name it, they aligned it: those fancy alliances with top consulting sharks aren't just for show. Rolando Caraig from Fuse Financing calls it a "tipping point." It's not just the sound of Optro dropping anchor in Singapore; it's a full-fledged commitment to hurl GRC into the future. * Midship's acquisition was a masterstroke - a game-changer in autonomous controls testing. * Streamlines up to 87% of routine controls hocus-pocus. * Gives auditors breathing space for strategic deep-dives - not something to brush aside. Technology and recognition driving growth. Why is everyone buzzing? Optro doesn't just rest on past laurels, they scoop accolades like they're going out of fashion. Leader designation from Forrester, Magic Quadrant nods from Gartner - this isn't some clap-back on their reputation; it's a hard-earned accolade. Instinct tells me Optro's foray isn't just a drop in the ocean. This Singapore setup caters to what matters most: cutting through clunky old systems and getting clear focus on strategic foresight. When OCBC Bank jumped aboard, Harry Lim highlighted how the Next Frontier Strategy gets a solid boost from Optro's solutions. The road ahead. Optro's timing syncs with the region's need for innovative governance and compliance tools, now more than ever. Tackling routine audits without getting mired in the monotonous sludge through their GRC muscle, the firm seems poised to revamp how internal risks are approached. With the APAC market clamoring for more interconnected GRC solutions, Optro seems set to be the northern star guiding organizations through this maze of regulatory transformations. For now, this move feels like a strategic pivot that could reshuffle the playing field.
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Industries
Data & Analytics
Enterprise Software
Cybersecurity
AI & Machine Learning
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
Los Angeles, California
Founded
2014
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