AuditBoard - About the company
AuditBoard is an acquired company based in Cerritos (United States), founded in 2014 by Jay Lee and Daniel Kim. It operates as a Developer of software for governance risk and compliance management systems. AuditBoard has raised $43.6M in funding from investors like Battery Ventures, Mucker and DFIN. The company has 1453 active competitors, including 119 funded and 84 that have exited. Its top competitors include companies like Palantir, Vanta and Behavox.
Company Details
Developer of software for governance risk and compliance management systems. This platform provides tools for monitoring internal controls, managing audit workflows, and analyzing risk data across enterprise operations. It facilitates the automation of security assessments, regulatory reporting, and policy management. The software integrates various data sources to support oversight of organizational risk and compliance frameworks.
- Website
- auditboard.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2014
Location
Cerritos, United States
Stage
Acquired
Total Funding
$43.6M in 3 rounds
Latest Funding Round
Investors
Ranked
4th among 1453 active competitors
Employee Count
311 as on May 31, 2026
Exit Details
Acquired by Hg (May 23, 2024)
Legal entities associated with AuditBoard
AuditBoard is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AUDITBOARD, INC. CIN: 5564298 , United States, Active | Jul 07, 2014 | - | - | - |
AUDITBOARD, INC. CIN: 471299245 , United States, Active | Dec 31, 1999 | - | 704 (As on Dec 31, 2024) | - |
AuditBoard's acquisition details
AuditBoard got acquired by Hg on May 23, 2024.
Click here to take a look at AuditBoard's acquisition in detail
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AuditBoard's funding and investors
AuditBoard has raised a total funding of $43.6M over 3 rounds. Its first funding round was on 2015. Its latest funding round was a Series B round on Aug 15, 2018 for $*****. 1 investor participated in its latest round. AuditBoard has 8 institutional investors.
Here is the list of recent funding rounds of AuditBoard:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 15, 2018 | 8380626 | Series B | 8564310 | 2426338 | 1419128 | 3312973 |
Mar 27, 2017 | 4536436 | Series A | 4238749 | 2343745 | 9002720 | 7887832 |
2015 | 5658 | Seed | 7512 | 9135 | 6846 |
View details of AuditBoard's funding rounds and investors
AuditBoard's founders and board of directors
Founder? Claim ProfileThe founders of AuditBoard are Jay Lee and Daniel Kim.
Here are the details of AuditBoard's key team members:
- Jay Lee: Co-Founder of AuditBoard and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 3 email addresses
- Daniel Kim: Co-Founder of AuditBoard. Contact Info: 2 email addresses
View details of AuditBoard's Founder profiles and Board Members
AuditBoard's employee count trend
AuditBoard has 311 employees as of May 26. Here is AuditBoard's employee count trend over the years:
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AuditBoard's Competitors and alternates
Top competitors of AuditBoard include Palantir, Vanta and Behavox. Here is the list of Top 10 competitors of AuditBoard, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Palantir 2003, Denver (United States), Public | Platform that provides data analysis and management solutions | $2.46B | 84/100 | |
2nd | Vanta 2018, San Francisco (United States), Series D | Provider of a platform for automating security and compliance programs | $504M | 74/100 | |
3rd | Behavox 2014, London (United Kingdom), Series C | Provider of AI-driven platform for regulatory compliance and risk management | $343M | 72/100 | |
4th | AuditBoard 2014, Cerritos (United States), Acquired | Developer of software for governance risk and compliance management systems | $43.6M | 69/100 | |
5th | Model N 1999, San Mateo (United States), Acquired | Provider of cloud-based software for revenue management and compliance solutions | $37M | 69/100 | |
6th | HyperVerge 2014, Bengaluru (India), Seed | Provider of end-to-end KYC software and identity verification solutions | $1M | 69/100 | |
7th | Cloud-based business process management software | $34M | 68/100 | ||
8th | Provider of behavioral biometrics cybersecurity solutions | $253M | 67/100 | ||
9th | Clearwater 2004, Boise (United States), Acquired | Provider of investment management platform unifying front, middle, and back office | $8M | 65/100 | |
10th | Mitratech 1987, Austin (United States), Acquired | Provider of solutions for third party risk management to banks | - | 65/100 |
Looking for more details on AuditBoard's competitors? Click here to see the top ones
AuditBoard's Investments and acquisitions
AuditBoard has made no investments or acquisitions yet.
Reports related to AuditBoard
Here is the latest report on AuditBoard's sector:
News related to AuditBoard
Media has covered AuditBoard for a total of 18 events in the last 1 year, 8 of them have been about company updates and 2 about people movement.
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AuditBoard focuses on connected risk and AI governance for quarterly deliverySiliconAngle•Oct 23, 2025•AuditBoard
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