Mitratech - About the company
Mitratech is an acquired company based in Austin (United States), founded in 1987. It operates as a Provider of solutions for third party risk management to banks. Mitratech has raised an undisclosed amount in funding. The company has 1032 active competitors, including 163 funded and 144 that have exited. Its top competitors include companies like Palantir, Sedgwick and Vanta.
Company Details
Provider of solutions for third party risk management to banks. It provides users with legal department suite software solutions for matter management, e-Billing and compliance for legal departments. It also provides solutions for IP management, contract management and e-discovery review. It also has integrated solutions for obligations and regulatory management, data privacy management, policy and procedures management, and information governance.
- Website
- mitratech.com
- Registered Address
- Austin, Texas
Key Metrics
Founded Year
1987
Location
Austin, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
9th among 1032 active competitors
Employee Count
245 as on Dec 31, 2021
Exit Details
Acquired by Ontario Teachers' Pension Plan (Mar 24, 2021)
Legal entities associated with Mitratech
Mitratech is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MITRATECH HOLDINGS INC. CIN: 743025949 , United Kingdom, Active | - | 453 (As on Dec 31, 2022) | ||
MITRATECH INDIA LLP CIN: AAP-1404 , India, Active | May 01, 2019 | - | - | |
MITRATECH HOLDINGS, INC. CIN: 743025949 , United States, Active | Dec 26, 999 | - | 1068 (As on Dec 31, 2024) | - |
Mitratech's acquisition details
Mitratech got acquired by Ontario Teachers' Pension Plan on Mar 24, 2021 at an acquisition amount of $1.55B. It was facilitated by Evercore, Skadden, Sullivan & Cromwell and 2 more.
Click here to take a look at Mitratech's acquisition in detail
Sign up to download Mitratech's company profile
Mitratech's funding and investors
Mitratech has raised funding over 1 round. Mitratech has 7 institutional investors.
Here is the list of recent funding rounds of Mitratech:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 01, 2017 | 1502647 | Conventional Debt | 3450866 | 6844392 | 2532274 | 4315971 |
View details of Mitratech's funding rounds and investors
Mitratech's founders and board of directors
Founder? Claim ProfileMitratech's employee count trend
Mitratech has 245 employees as of Dec 21. The total employee count is 20.0% more than what it was in Dec 20. Here is Mitratech's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Mitratech's Competitors and alternates
Top competitors of Mitratech include Palantir, Sedgwick and Vanta. Here is the list of Top 10 competitors of Mitratech, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
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 | 82/100 | |
2nd | Sedgwick 1969, Memphis (United States), Acquired | Provider of claims administration, loss adjusting, and benefits management services | $2.63M | 78/100 | |
3rd | Vanta 2018, San Francisco (United States), Series D | Provider of a platform for automating security and compliance programs | $504M | 74/100 | |
4th | Thomson Reuters 2008, Toronto (Canada), Public | Cloud based legal enterprise management and data services for businesses | - | 72/100 | |
5th | AuditBoard 2014, Cerritos (United States), Acquired | Provider of audit, compliance, and risk management software platform | $43.6M | 72/100 | |
6th | Cloud-based business process management software | $34M | 69/100 | ||
7th | RapidRatings 2002, New York City (United States), Series C | Cloud-based solution for vendor risk management | $255M | 69/100 | |
8th | Model N 1999, San Mateo (United States), Acquired | Provider of cloud-based software for revenue management and compliance solutions | $37M | 68/100 | |
9th | Mitratech 1987, Austin (United States), Acquired | Provider of solutions for third party risk management to banks | - | 68/100 | |
10th | The Demex Group 2019, Washington, DC (United States), Series A | Provider of reinsurance solutions for non-catastrophic weather-related losses for insurers | $28.4M | 65/100 |
Looking for more details on Mitratech's competitors? Click here to see the top ones
Mitratech's Investments and acquisitions
Mitratech has not made any investments yet. Mitratech has made 28 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 2024 | Acquisition | 2007 | Atlanta (United States) | |
Jun 10, 2024 | Acquisition | 1996 | Lindon (United States) | |
Jan 09, 2024 | Acquisition | 1998 | Deerfield (United States) |
See all acquisitions by Mitratech
News related to Mitratech
Media has covered Mitratech for a total of 11 events in the last 1 year, 5 of them have been about company updates and 3 about partnerships.
•
•
Mitratech Bolsters Customer Value with In-House GRC Advisory ExpertsFinancial Post•Feb 05, 2026•Mitratech
•
Mitratech Marks Record Momentum in Enterprise Legal Market in 2026Financial Post•Feb 03, 2026•Mitratech
•
•
Blackstone leads $2bn private credit refinancing for MitratechPrivate Equity Wire•Dec 05, 2025•Mitratech, Blackstone
•
•
Mitratech Awarded Legal Spend Management Solution of the Year for AI InnovationFinancial Post•Nov 13, 2025•Mitratech
•
Mitratech and iManage partner to embed iManage Work into Mitratech’s CaseCloud platform.Artificial Lawyer•Sep 03, 2025•iManage, Mitratech
•
•
Are you a Founder ?
FAQs about Mitratech
Explore our recently published companies
- Robbins-Aviation - Scottsbluff based, 2017 founded, Unfunded company
- Asetaviation - Unfunded company
- Dreamsaviationacademy - Unfunded company
- Dronshop - Unfunded company
- Aam Link - Unfunded company
- Grandlajja - India based, 2020 founded, Unfunded company