Hyperproof delivers a risk, compliance, and privacy command center to manage compliance workflows of an organization which includes streamlining project management, automating manual processes (compliance evidence collection and testing), and audit preparation. Hyperproof’s compliance operations platform integrates with the entire company ecosystem, and its compliance workflows automatically identify and flag compliance issues when they happen and provide remediation tasks accordingly. Organizations can manage daily compliance operations, track risk (via a central risk register), prepare risk mitigation plans, map risks to existing security controls, and track their progress in real-time.
Key customers and partnerships
The company’s platform is used by several technology and Fortune 1000 companies such as 3M, Motorola Solutions, Sophos, Fortinet, Instacart, and Netflix. Hyperproof supports over 50 compliance frameworks including the GDPR and CCPA and integrates with cloud services such as AWS, Azure, Google Cloud, GitHub, Okta, Jamf, Jira, and ZenDesk, to automate evidence management and support collaboration between stakeholders. The company provides its platform at a minimum subscription price of USD 4,800 per annum.
Funding and financials
In August 2023, the company raised USD 40 million in a funding round led by Riverwood Capital, reportedly doubling its valuation in nine months. The company expected to use the funds to further develop its platform, hire additional staff, and invest in go-to-market activities.
No investor data is available
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