What Optro does

Optro is an AI-powered governance, risk, and compliance (GRC) SaaS platform serving large enterprises, with operational headquarters in Los Angeles, California and a Delaware corporate registration. Founded in 2014, the company originated as SOXHUB, became AuditBoard, and rebranded to Optro in March 2026 to reflect its expanded scope beyond internal audit into risk, compliance, infosec, ESG, and AI governance. Optro reports that more than 50% of the Fortune 500 and 70% of the Fortune 1000 use its platform, and the business is owned by private equity firm Hg following a 2024 take-private valued at approximately $3 billion.

The product surface spans Controls Management (built around SOX and internal controls), OpsAudit (operational audit), CrossComply (framework content for SOC, ISO, HIPAA, NIST, and similar regimes), RiskOversight (enterprise risk management), TPRM (third-party risk management), ESG, RegComply (regulatory compliance), BCM (business continuity management), an AI Governance module derived from the FairNow acquisition, and Autonomous Testing from the Midship acquisition. The architecture rests on a unified data core that links controls, risks, evidence, and frameworks across modules, an Exchange marketplace for third-party content and integrations, an MCP server for extensibility, and the Optro Accelerate bundle that packages multiple modules for enterprise deployment.

Optro generates revenue through multi-year enterprise SaaS subscriptions sold primarily via direct enterprise sales and channel partnerships with the Big 4 accounting firms and security-focused resellers such as GuidePoint Security. Annualized recurring revenue reached $300 million as of October 2025, and the company has been named to the Deloitte Technology Fast 500 for seven consecutive years, an indicator of sustained scale-up prior to and through its PE recapitalization.

Name

Optro

Legal name

Optro, Inc.

Website

https://optro.ai

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Optro is an AI-powered GRC SaaS platform offering unified audit, risk, compliance, infosec, and AI governance for large enterprises. PE-backed by Hg following a 2024 take-private at approximately $3B, it serves over 50% of the Fortune 500 with $300M ARR.

Ownership category

akta.pro rank

Product category

Governance, Risk, and Compliance (GRC) Software

NAICS

Software Publishers (5132), Computer Systems Design and Related Services (5415)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Model Governance, Risk & Compliance (GRC) Platforms (HDAAAKAA)

akta.pro secondary industry

AI Governance, Risk & Compliance (GRC) Platforms (HDAAAMAA)

Keywords

• GRC software platform
• Audit management software
• Third-party risk management
• AI governance software
• Regulatory compliance software

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Subscription (GRC Platform): Recurring subscription revenue from SaaS contracts for the Optro GRC platform (Audit, Risk, Compliance, Infosec, AI Governance, Controls Management modules). Surpassed $300M in annual recurring revenue (ARR) as of October 2025, used by over 50% of the Fortune 500 and 70% of the Fortune 1000.
2. Joint Solutions with Alliance Partners (EY, Crowe, A-LIGN, Protiviti): Co-delivered regulatory change management, CMMC readiness, SOX transformation, and managed services in conjunction with Big 4 and consulting partners. EY US joint offering with RegComply automates ~75% of traditional compliance workload.
3. Conference and Training Fees: Paid registration for CRX 2026 in-person passes (Early Bird $1,495; Advance $1,695; Standard $2,095) plus paid Product Training Day add-on ($300); virtual GRC Now is free, supported as a top-of-funnel demand-gen investment.
4. Marketplace / Exchange Listings (Partner Solutions): Optro Exchange hosts 67 partner-built listings (Alliance Partner, Association Alliance, Distributor, Go-to-Market Technology Partner categories) extending the platform with co-built solutions and integrations.

Pricing tiers

Go-to-market motion5 records

Distribution channels7 records

Marketing channels10 records

Core offering

Optro develops a cloud-based, AI-powered Governance, Risk, and Compliance (GRC) system of action that unifies Audit, Risk Management, Compliance, IT/Cyber Risk, and AI Governance modules on a single data core. The platform is sold as a SaaS subscription to enterprises (over 50% of the Fortune 500 and 70% of the Fortune 1000) and includes modules such as Controls Management with autonomous testing, RegComply regulatory horizon scanning, TPRM, RiskOversight, CrossComply, OpsAudit, ESG, AI Governance, and Business Continuity Management.

Product overview

Optro (formerly AuditBoard) is a single, AI-powered GRC platform delivered as a unified system of action rather than a stitched-together suite of acquired modules. At its core is the Optro Platform, which uses a unified data core so that risks, controls, and policies share a single data model — an update in one module instantly reflects across Audit, Risk, and Compliance dashboards. The Optro AI layer sits on top of this core to power intelligent drafting, framework mapping, questionnaire automation, and the Optro MCP Server (a universal API for connecting enterprise LLMs to live GRC data). Around this core, Optro organizes its offering into a set of named product modules: Controls Management (including Midship-powered Autonomous Testing and Continuous Control Monitoring), AI Governance (built on FairNow), OpsAudit (internal audit lifecycle), CrossComply (compliance control), RiskOversight (enterprise risk with Monte Carlo / Bowtie analysis), TPRM (third-party and supplier risk), ESG, Cyber Risk Management (IT risk with native AWS/Azure/Jira/Snowflake integrations), and RegComply (AI-powered regulatory horizon scanning). Standalone offerings include Business Continuity Management (BCM), Optro Accelerate (enterprise-grade AI automation), Scenario Planning, Optro Analytics, Frameworks & Controls, and Reporting & Dashboards. Together these products and capabilities cover audit, risk, infosec, compliance, AI governance, and operational resilience, and are used by more than 50% of the Fortune 500.

Differentiator

Problem solved

Functional benefit

Brands

• Accelerate: Enterprise-grade AI automation solution for GRC teams featuring natural-language workflows, continuous auditing and monitoring, document intelligence, and agentic AI.
• RegComply
• OpsAudit
• RiskOversight
• CrossComply
• SOXHUB

Products and services

• Optro Platform (GRC System of Action) Unified AI-powered GRC system of action integrating Internal Audit, Risk Management, Compliance, IT & Cyber Risk, and AI Governance into a single platform with a unified data core. Sold to enterprise customers including over 50% of the Fortune 500.
• Optro AI AI layer that powers intelligent drafting and mapping (risk narratives, control descriptions, audit tests), dynamic framework mapping, automated questionnaire pre-fill, and assessment automation, running on encrypted private tenants.
• Controls Management Centralized repository for the control framework with version control and workflow automation, including Midship's AI-native autonomous testing, AI Narratives and Flowcharts, Fieldwork Automations, and Continuous Control Monitoring.
• Autonomous Testing AI-native autonomous controls testing solution (from the Midship acquisition) that automates up to 87% of SOX program management tasks, including unstructured data ingestion, autonomous test execution, and workpaper generation.
• AI Governance AI governance solution (built on FairNow) that automates discovery of shadow AI, provides pre-built frameworks for EU AI Act, NIST AI RMF, and ISO 42001, and offers centralized AI inventory, risk triaging, impact assessments, and multi-framework mapping.
• OpsAudit Internal audit lifecycle management solution that streamlines risk assessment, planning, fieldwork, and reporting, supporting agile audit with dynamic scheduling and resource allocation.
• CrossComply Compliance control management module providing centralized frameworks, evidence collection, and continuous compliance monitoring across multiple regulatory standards.
• RiskOversight Enterprise Risk Management (ERM) module with quantitative analysis including Monte Carlo simulations and Bowtie analysis for financial risk exposure quantification, KRI tracking with automated alerts, and AI-powered risk intelligence.
• TPRM (Third-Party Risk Management) Third-party and supplier risk management module that centralizes vendor onboarding, assessments, documentation, remediation tracking, and reporting with AI-powered early warning signs and continuous monitoring.
• ESG Environmental, Social, and Governance module for managing ESG programs, sustainability reporting, and related risk and compliance requirements.
• Cyber Risk Management (IT Risk Management) IT & Cyber Risk module providing 'test once, comply to many' framework mapping (SOC 2, ISO 27001, NIST, HIPAA), continuous monitoring, and automated evidence collection via native integrations with AWS, Azure, Jira, and Snowflake.
• RegComply Regulatory compliance solution that uses AI-powered Horizon Scanning to monitor regulatory changes from over 10,000 issuing bodies across 750+ jurisdictions, reducing regulatory noise by up to 97% and automating compliance workflows.
• Business Continuity Management (BCM) Business Continuity Management solution integrating business continuity programs with audit, risk, and compliance data, providing cross-functional business process mapping, always-current recovery plans auto-populated with criticality ratings and RTOs/RPOs, and tabletop exercise simulations.
• Optro Accelerate Enterprise-grade AI automation solution enhancing risk, audit, and compliance workflows through natural-language processing, continuous monitoring, document intelligence, and agentic AI.
• Scenario Planning Risk management solution helping enterprises model potential threats and develop response plans to improve strategic decision-making amid volatile global conditions.
• Optro MCP Server Model Context Protocol server providing a universal API built on the open MCP standard that securely connects enterprise AI/LLMs (Claude, ChatGPT, Gemini, Copilot) directly to live GRC data with user-level permission enforcement and AI governance capabilities.

Quantifiable outcome

• Greater than 2X ROI over three years per IDC study
• +9 more outcomes

Named customers29 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability12 records

Feature8 records

Partnerships

Eleven partnerships are on record, tiered flagship apac banking partner and reference customer., regional reference partner in philippines/apac, flagship co-marketing partner for cmmc readiness, flagship assessment partner for cmmc readiness, flagship strategic alliance; multi-product co-development with ey.ai for risk., flagship cybersecurity channel reseller, acquired company; foundational for agentic sox/controls testing capability., acquired company; foundational for ai governance module., flagship global alliance and consulting partner; key apac channel partner., mid-tier technology integration partner and flagship strategic alliance and big 4 consulting partner..

• OCBC Bankflagship apac banking partner and reference customer.GTM or Marketing Partner · 22 June 2026Formalized strategic partnership as part of Optro's Singapore APAC hub launch. Harry Lim, Head of Group Audit at OCBC Bank, cited as endorser: "Leveraging platforms like Optro allows us to sharpen our focus on what matters most and ensures consistent, high-quality audit delivery across the organisation." OCBC also functions as a reference customer.
• Fuse Financing Inc.regional reference partner in philippines/apacGTM or Marketing Partner · 22 June 2026Formalized partnership in Singapore APAC launch. Rolando Caraig, Internal Audit Head at Fuse Financing Inc. (and Former CAE at GCash), endorsed Optro's agentic GRC platform for organizations navigating the region's changing regulations and complex risk landscape.
• Croweflagship co-marketing partner for cmmc readinessImplementation/ SI/ Consulting Partner · 21 May 2026Joint solution with Crowe and A-LIGN to help organizations achieve Cybersecurity Maturity Model Certification (CMMC) ahead of the November 2026 U.S. Department of Defense deadline. The three companies function as a coordinated CMMC ecosystem where Crowe provides advisory services, Optro delivers its AI-powered GRC platform, and A-LIGN conducts official assessments.
• A-LIGNflagship assessment partner for cmmc readinessImplementation/ SI/ Consulting Partner · 21 May 2026Joint CMMC ecosystem partner with Crowe and Optro: A-LIGN conducts official CMMC assessments while Optro delivers the GRC platform and Crowe provides advisory services to help DoD contractors achieve certification ahead of November 2026 deadline.
• EY US (Ernst & Young LLP)flagship strategic alliance; multi-product co-development with ey.ai for risk.Strategic or Co-development Partner · 19 May 2026Launched a joint offering that combines Optro's AI-powered RegComply platform (Horizon Scanning across 10,000+ issuing bodies in 750+ jurisdictions) with EY US advisory professional services for regulatory change management. The offering expects to automate ~75% of the traditional compliance workload and reduce regulatory noise by up to 97%. EY US also delivers a Platform Effectiveness Diagnostic and Risk and Control Optimizer (RCO) on Optro, plus Dynamic Risk Assessment (DRA) integrated with OpsAudit and RiskOversight modules. EY US extended its alliance with Optro (previously announced March 2025) to integrate AI capabilities via EY.ai for Risk.
• GuidePoint Securityflagship cybersecurity channel resellerChannel Partner/ Reseller/ Distributor · 18 May 2026Reseller partnership enabling GuidePoint Security's customers to access Optro's AI-driven risk management platform. Combines GuidePoint's cybersecurity expertise with Optro's platform to offer customers continuous monitoring of cyber risk, third-party risk, compliance, and AI governance.
• Midshipacquired company; foundational for agentic sox/controls testing capability.Strategic or Co-development Partner · 6 May 2026Midship, an AI-native SOX automation platform founded in 2024 and backed by Y Combinator, was acquired by Optro on May 6, 2026. Midship's agentic AI capabilities are fully integrated into Optro's Controls Management solution to automate up to 87% of SOX program management tasks. Co-founders Kieran Taylor (CEO), Aahel Iyer, and Max Maio joined Optro's product team.
• FairNowacquired company; foundational for ai governance module.Strategic or Co-development Partner · 22 October 2025FairNow, a purpose-built AI Governance platform founded by Guru Sethupathy (former Capital One SVP), was acquired by AuditBoard/Optro in October 2025 to expand AI governance capabilities and integrate step-by-step AI compliance guidance into the platform. FairNow's capabilities target compliance with NIST, ISO/IEC 42001, and the EU AI Act.
• Protivitiflagship global alliance and consulting partner; key apac channel partner.Strategic or Co-development Partner · 20 October 2025Strategic alliance to develop and integrate AI solutions for audit and risk management; generative AI, data retrieval, and deep ERP integrations to streamline workflows. Alliance extended to Japan (September 2024) and supports Optro's APAC expansion with Protiviti's Regional Managing Director for APAC, Gordon Tucker.
• Anecdotesmid-tier technology integration partnerTechnology or Integration · 20 October 2025Native integration combining Anecdotes' automated evidence collection and AI analysis with AuditBoard/Optro's platform to enable near real-time assurance, continuous control monitoring, and continuous GRC programs for joint customers.
• Deloitteflagship strategic alliance and big 4 consulting partner.Strategic or Co-development Partner · 4 September 2024Strategic Deloitte-AuditBoard alliance with native SAP integration; SOX and Risk Program alliance via Deloitte's audit practice. Earlier alliance extended to Japan via Protiviti. Deloitte has also been a customer reference and co-marketing partner for Optro's connected risk platform and Risk Intelligence research.

Scale indicators12 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• ServiceNow: ServiceNow's Integrated Risk Management (IRM) and GRC products compete directly with Optro's RiskOversight, CrossComply, and TPRM modules, targeting the same Fortune 500 buyer. ServiceNow is a broader platform incumbent with deeper IT service management and workflow integration than Optro.
• SAP GRC: SAP's GRC and audit management products (with native ERP integrations) compete with Optro for the same large-enterprise audit, controls, and SOX use cases, particularly among SAP-centric customers where Optro's Deloitte-built SAP integration is a counterweight.
• Microsoft Purview Compliance: Microsoft Purview (formerly Compliance Manager) and broader Microsoft compliance offerings compete with Optro's IT/Cyber Risk and compliance modules by bundling GRC-adjacent features into the Microsoft 365 / Azure enterprise stack, often at lower marginal cost.
• RSA Archer (Regnology): RSA Archer, now operated by Regnology, is a legacy enterprise GRC platform with broad risk, compliance, and operational risk management capabilities. It competes with Optro in large-scale enterprise GRC deployments, particularly in financial services and regulated industries.

Direct peers

• Workiva: Workiva's cloud platform for SOX, risk, and ESG reporting directly overlaps with Optro's Audit, Controls Management, and ESG modules. Workiva is a publicly traded comparable with strong enterprise finance, audit, and sustainability reporting positioning.
• OneTrust: OneTrust is a leading privacy, GRC, and ethics platform with overlapping risk, compliance, and AI governance offerings. It serves a similar Fortune 500 buyer base and competes head-to-head with Optro's privacy-adjacent compliance and AI Governance modules.
• Diligent: Diligent (which acquired Galvanize and ACL) is a direct GRC platform competitor with audit, risk, compliance, and ESG modules targeting the same enterprise board and audit committee buyers as Optro. Recent Diligent integrations position it as a system-of-record for board-driven risk oversight.
• LogicGate: LogicGate's Risk Cloud platform delivers configurable GRC workflows (risk, compliance, TPRM) that compete directly with Optro's RiskOversight, CrossComply, and TPRM modules, primarily in the mid-market and enterprise segments.
• ProcessUnity: ProcessUnity is a leading dedicated Third-Party Risk Management (TPRM) platform that directly competes with Optro's TPRM module for enterprise vendor risk use cases, often considered alongside Optro in TPRM evaluations.

Emerging players

• Vanta: Vanta is a fast-growing AI-native compliance automation platform (SOC 2, ISO 27001, HIPAA) that competes most directly with Optro's CrossComply and Cyber Risk modules for mid-market and growth-stage buyers, where Vanta's automated evidence collection is highly differentiated.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/optrohq
• YouTubeyoutube.com/@optrohq
• LinkedInlinkedin.com/company/optro
• Facebookfacebook.com/optrohq

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries2 records

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Optro