About AuditBoard
AuditBoard is a Technology company based in Cerritos (United States) founded in 2014 by Daniel Kim and Jay Lee, and was acquired by Hg in May 2024. It operates as a cloud-based GRC and audit management solutions are provided. AuditBoard has raised $43.61 million across 3 funding rounds from investors including Vebu, Hg and DFIN. Its website auditboard.com draws about 227 thousand monthly visits. AuditBoard offers products and services including AuditBoard Platform, SOXHUB, OpsAudit, CrossComply, and RiskOversight. Its focus areas include Enterprise Applications, GRC Software, Integrated GRC and Horizontal. Its competitors include NAVEX Global, Ocrolus, Mitratech, ProcessUnity and Auditoria.AI and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
AuditBoard was founded in 2014 in Cerritos, United States, by co-founders Daniel Kim and Jay Lee. Operations focus on the governance, risk, and compliance (GRC) sector through a cloud-based platform. Services encompass operational and IT audit management, compliance tracking, risk assessment, vendor onboarding and evaluation, workflow automation, team collaboration tools, document processing, and issues or fraud handling. The platform supports integrated audit processes for organizations.
Products & Services of AuditBoard
AuditBoard offers a comprehensive portfolio of products and services, including AuditBoard Platform, SOXHUB, OpsAudit, CrossComply, and RiskOversight.
Platform for unified audit, risk, and compliance management tools
Tool for SOX compliance and regulatory reporting processes
Software for operational audit and workflow automation
Platform for cross-functional compliance tracking and integration
Software for risk assessment and oversight in organizations
Tool for third-party risk management and vendor evaluations
Software for environmental, social, and governance reporting
Tool for IT risk management and security compliance
Software for regulatory compliance and monitoring tasks
Apps and channels of AuditBoard
its YouTube channel AuditBoard has 4.7K subscribers and 30 videos.
Videos from AuditBoard
The most watched videos on AuditBoard's YouTube channel, AuditBoard (4.7K subscribers). Click a video to play it here.
More on AuditBoard.
Funding Insights of AuditBoard
AuditBoard has successfully raised a total of $43.61M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in August 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $43.61M
- Total Rounds 3
- Last Round Series B — $40M
- Investors Count 4
All 3 funding rounds of AuditBoard with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2018 | $40M | Series B | – | Battery Ventures | – |
| Mar 2017 | $3.61M | Series A | – | DFIN | – |
| Jun 2015 | – | Seed | – | Mucker, Vebu | – |
5 investors in total: 5 institutional.
Investors in AuditBoard
AuditBoard has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Vebu, Hg and DFIN.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in technology companies are conducted globally by Battery Ventures. | – | battery.com | - | |
Accelerator and venture capital firm | – | mucker.com | Santa Monica, United States | |
Private equity investments in Europe are managed by Hg. | 1990 | hgcapital.com | London, United Kingdom | |
Regulatory filing and reporting solutions are provided by DFIN. | 2016 | dfinsolutions.com | Chicago, United States | |
Robotic food automation solutions are developed and constructed. | 2011 | vebulabs.com | El Segundo, United States |
Investor details for AuditBoard
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of AuditBoard
2 people are tracked at AuditBoard (2 in leadership).
| Name | Role | Group |
|---|---|---|
Daniel Kim | Co-Founder | Leadership |
Jay Lee | Co-Founder | Leadership |
Complete people profiles for AuditBoard
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of AuditBoard
4 dated milestones of AuditBoard across 10 years, from founding to its latest funding, stage changes and deals.
- Founded AuditBoard is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $40.0M.
- Exit Acquired by Hg.
Competitors of AuditBoard
AuditBoard has 8 listed competitors in our database, 6 of them funded. They include NAVEX Global, Ocrolus, Mitratech, ProcessUnity and Auditoria.AI, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| navexglobal.com | 2012 | Lake Oswego, United States | $213.95M | 1,220 | Cloud-based ethics and compliance software is provided for risk management. | |
| ocrolus.com | 2014 | New York, United States | $122.31M | 145 | Provider of bank accounts auditing solutions for businesses | |
| mitratech.com | 1987 | Austin, United States | – | 245 | Provider of solutions for third party risk management to banks | |
| processunity.com | 2003 | Concord, United States | $69.07M | 214 | Vendor risk management solutions for businesses & financial institutions | |
| auditoria.ai | 2019 | Menlo Park, United States | $60.52M | 26 | AI-driven audit automation solutions for enterprises are provided. | |
| caseware.com | 1988 | Toronto, Canada | – | 4 | Accounting and auditing software solutions are supplied worldwide. | |
| regscale.com | 2021 | Mclean, United States | $48.95M | – | Cloud and AI-based compliance management software is provided. | |
| kneat.com | 2006 | Limerick, Ireland | $6.11M | – | Electronic validation lifecycle is managed via configurable software platform. |
Detailed competitors of AuditBoard
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of AuditBoard
The website of AuditBoard (auditboard.com) receives about 226.8K visits a month and ranks #233,888 among all websites worldwide, #562 in Accounting and Auditing.
- Monthly visits226.8K
▲ 7.2% vs previous month
- Unique visitors82.8K
per month
- Global rank#233,888
among all websites
- Category rank#562
Finance · Accounting and Auditing
- Bounce rate52%
- Pages per visit1.9
- Average visit59 sec
- DevicesDesktop 59% · Mobile 41%
Websites whose visitors overlap most with AuditBoard. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
coso.org | coso.org | 100% | – | #495,316 | – |
linfordco.com | linfordco.com | 98% | – | #703,348 | – |
| datasnipper.com | 97% | 111.7K | #344,617 | View details | |
| arkksolutions.com | 96% | 3.5K | #3,993,187 | View details | |
| trullion.com | 96% | 60.8K | #691,782 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for AuditBoard
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Auditboard
Complete news archive for AuditBoard
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Top companies in GRC, Risk & Compliance Software
10 companies that operate in the same segment as AuditBoard (GRC, Risk & Compliance Software), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 2,241 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 3,940 | |
Identity and access management solutions are provided for developers. | 2013 | Bellevue, Washington, United States | USD 332.75 M | – | – | |
Cloud security posture management solutions are provided by the platform. | 2000 | Sunnyvale, California, United States | USD 54.2 M | USD 6.8 B | 14,140 | |
Digital workplace safety tools for inspections and audits are provided. | 2004 | Surry Hills, New South Wales, Australia | USD 297.93 M | – | – | |
Compliance and risk management platform is offered to enterprises. | 2016 | San Francisco, California, United States | USD 503.05 M | – | – | |
Cloud-based tax compliance solutions are delivered for businesses worldwide. | 2004 | Seattle, Washington, United States | USD 342.97 M | USD 65.53 M | 1,623 | |
Hybrid cloud infrastructure solutions are delivered for business management. | 1977 | Austin, Texas, United States | – | USD 1.79 B | 8,890 | |
Cloud based identity governance and administration software | 2005 | Austin, Texas, United States | USD 26.65 M | USD 1.07 B | 2,740 | |
Online payment solutions are offered to consumers and businesses. | 1998 | San Jose, California, United States | USD 216 M | USD 31.79 B | 24,400 |
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Frequently Asked Questions about AuditBoard
AuditBoard was founded in 2014 and raised its 1st funding round 1 year after it was founded.
AuditBoard is headquartered in Cerritos, United States. It is registered at Cerritos, California, United States.
AuditBoard is a funded company, having raised a total of $43.61M across 3 funding rounds to date.
AuditBoard was founded in 2014 in Cerritos, United States, by co-founders Daniel Kim and Jay Lee. Operations focus on the governance, risk, and compliance (GRC) sector through a cloud-based platform. Services encompass operational and IT audit management, compliance tracking, risk assessment, vendor onboarding and evaluation, workflow automation, team collaboration tools, document processing, and issues or fraud handling. The platform supports integrated audit processes for organizations.
AuditBoard's top competitors include Ocrolus, NAVEX Global and Auditoria.AI.
AuditBoard offers AuditBoard Platform, SOXHUB, OpsAudit, CrossComply, and 5 more products and services.
AuditBoard has 5 investors. Key investors include Vebu, Hg, DFIN, Battery Ventures, and Mucker.
Yes. AuditBoard was acquired by Hg in May 2024.
The website of AuditBoard receives about 227 thousand visits a month and ranks #233,888 among all websites worldwide.