LogicGate
LogicGate is a Chicago-based software company offering Risk Cloud, a no-code cloud GRC platform with AI-powered automation. It serves large regulated enterprises in financial services, insurance, and technology through direct enterprise field sales, achieving nearly 50% year-over-year ARR growth.
- Company typePrivate
- Founded2015
- HeadquartersChicago, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What LogicGate does
LogicGate is a Chicago-based enterprise software company, founded in 2015, that sells the Risk Cloud Platform — a cloud-based, no-code governance, risk, and compliance (GRC) system built on a proprietary graph database. The platform is sold to large regulated enterprises, with named customers spanning financial services (SoFi, United Community Bank), insurance (Zurich Insurance), hospitality (Hyatt), and technology/infrastructure (Ciena, Bill.com, Equinix). LogicGate operates a wholly-owned UK subsidiary (LogicGate UK, Ltd.) and serves customers across North America and Europe.
The product surface centers on 30+ pre-built GRC applications organized into suites — Banking, Cyber Risk Management, Operational Risk Management, and DORA Compliance — covering controls compliance, third-party risk, enterprise risk, operational risk, regulatory compliance, data privacy, internal audit, policy management, ESG, and AI governance. Risk Cloud integrates with 267+ third-party tools, automates evidence collection across 25+ security and privacy frameworks, and quantifies cyber risk via Risk Cloud Quantify (Open FAIR model, Monte Carlo simulations). AI capabilities are delivered through Spark AI (Autofill, Automated Evidence Testing, Reporting Insights, Record Linking Recommendations, Text Assistant), the Config Newton agentic GRC engineer powered by OpenAI ChatGPT 5.2, and a set of human-guided Workflow Agents introduced in the Spring 2026 release.
LogicGate generates revenue primarily through SaaS subscriptions priced on a per-application plus Power User seat model, sold via annual enterprise contracts. Go-to-market is anchored in direct enterprise field sales with sales-assisted onboarding, supplemented by inside sales for mid-market prospects and a self-service community marketplace (Risk Cloud Exchange). The company has raised $156 million cumulatively, most recently a $113 million Series C led by PSG in July 2021, and is recognized as a Leader in the 2025 Gartner Magic Quadrant for GRC Tools, the Forrester Wave for GRC Platforms (Q2 2026), and the Forrester Wave for TPRM Platforms (Q1 2026), and as a G2 Leader for 27 consecutive quarters. Diego Panama succeeded co-founder Matt Kunkel as CEO effective July 1, 2026.
LogicGate firmographics
Firmographics- Name
- LogicGate
- Legal name
- LogicGate, Inc.
- Website
- https://logicgate.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- LogicGate is a Chicago-based software company offering Risk Cloud, a no-code cloud GRC platform with AI-powered automation. It serves large regulated enterprises in financial services, insurance, and technology through direct enterprise field sales, achieving nearly 50% year-over-year ARR growth.
- Ownership category
- akta.pro rank
LogicGate industry classification
Industry- Product category
- Governance, Risk, and Compliance (GRC) Software
- NAICS
- Software Publishers (5132), Computer Systems Design and Related Services (54151)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE)
- akta.pro secondary industries
- Model Governance, Risk & Compliance (GRC) Platforms (HDAAAKAA), AI Governance, Risk & Compliance (GRC) Platforms (HDAAAMAA), Cloud Compliance, Audit & Continuous Controls Monitoring (CCM/GRC) (HDABAHAI)
Keywords
Where LogicGate is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
LogicGate business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Risk Cloud SaaS Subscriptions: LogicGate operates as a cloud-based SaaS company selling subscriptions to its Risk Cloud GRC platform. Pricing is based on application-level and Power User seat licensing. The platform is offered via simple per-application and per-user pricing models. Customers report average 2.6x ROI within a year of deployment. Revenue is generated through annual subscription contracts with large enterprise customers, with the company achieving nearly 50% year-over-year ARR growth in 2025.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Per-Application + Power User model |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels8 records
LogicGate product offering
Product offeringCore offering
LogicGate offers Risk Cloud, a cloud-based, no-code governance, risk, and compliance (GRC) platform that enables enterprises to automate risk assessments, centralize compliance evidence, and manage third-party, cyber, enterprise, and operational risk across 25+ frameworks. The platform is powered by a proprietary graph database architecture and augmented by Spark AI (generative AI for evidence review, autofill, and reporting insights), Config Newton (an agentic GRC engineer), and specialized AI agents that orchestrate workflows. It is sold primarily through annual SaaS subscriptions priced per application and per Power User seat, targeting large, regulated organizations.
Product overview
LogicGate offers the Risk Cloud Platform as a unified, cloud-based GRC (Governance, Risk, and Compliance) software platform with a modular, application-based architecture. The core Risk Cloud Platform provides no-code workflow automation powered by a flexible graph database, with AI capabilities delivered through Spark AI (generative AI for evidence review, autofill, and reporting insights), Config Newton (an agentic GRC engineer for autonomous application building), and specialized AI Agents for workflow orchestration. The platform includes 30+ purpose-built applications organized into suites for Banking, Cyber Risk Management, and DORA Compliance, covering use cases including Controls Compliance, Third-Party Risk Management, Enterprise Risk Management, Operational Risk Management, AI Governance, Policy Management, ESG, Data Privacy, and Internal Audit. Key features include Automated Evidence Monitoring, Risk Cloud Quantify (Open FAIR-based risk quantification), Reporting & Analytics, and the Value Realization Tool.
Differentiator
Problem solved
Functional benefit
Brands
- Risk Cloud: The company's flagship AI-powered governance, risk, and compliance platform for enterprises.
- Spark AI
- Config Newton
Products and services
- Risk Cloud Platform A cloud-based, no-code GRC platform serving as the central system for governance, risk, and compliance workflows. Features a flexible graph database architecture, workflow automation, and AI-powered capabilities (Spark AI, Config Newton, AI Agents) for enterprise-wide risk visibility. Sold via annual subscriptions priced per application and per Power User seat.
- Banking Solution Suite A purpose-built application suite for banks, credit unions, and financial institutions providing preconfigured workflows for multi-framework regulatory compliance, operational risk management, cyber risk, third-party risk management, and controls compliance aligned with FRB, OCC, FDIC, CFPB, NCUA, GLBA, and CRI Profile requirements.
- Cyber Risk Management Suite A unified GRC suite combining cyber risk and controls compliance, third-party risk management, incident management, and cyber risk quantification for proactive cyber risk mitigation, compliance, and incident response.
- Operational Risk Management Suite A suite of four solutions (Risk and Control Self Assessment, Controls Compliance, Policy and Procedure Management, and Issues Management) providing real-time visibility into operational risk through automation, supporting strategic decisions and fostering operational resilience.
- DORA Compliance Suite A purpose-built solution for Digital Operational Resilience Act (DORA) compliance, helping financial institutions prevent, detect, contain, and recover from ICT-related incidents while managing third-party ICT service provider risks.
Quantifiable outcome
- 2.6x average ROI across customers within one year of deploying the Value Realization Tool
- +7 more outcomes
Companies that use LogicGate
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles2 records
LogicGate technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration17 records
AI capability8 records
Feature8 records
LogicGate partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered major, core and minor.
- Crowe LLPmajorCrowe and LogicGate formed a strategic alliance to deliver financial services GRC accelerators designed for banks and credit unions. The collaboration combines Crowe's financial services expertise with LogicGate's AI-powered Risk Cloud platform, offering preconfigured workflows, assessments, and regulatory-aligned content for managing third-party risk, compliance monitoring, and other mandated work streams. The alliance aims to reduce resource strain and labor hours typically required for GRC implementation in financial institutions.
- A-LIGNcoreLogicGate partnered with A-LIGN, a leading cybersecurity compliance partner, to enhance its Controls Compliance Application. The partnership provides access to a comprehensive library of compliance requirements for frameworks including SOC 2, ISO, HITRUST, and PCI, integrated directly into the Risk Cloud platform. A-LIGN also offers end-to-end audit services vetted for SOC 2 Trust Services Criteria compliance.
- Built In Chicago / builtinchicagominorBuilt In Chicago featured LogicGate's Series C funding announcement and company profile as a Chicago-based risk management startup, contributing to brand visibility and talent recruitment within the local tech ecosystem.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
LogicGate competitors and assessment
Company assessmentBroad incumbents
- ServiceNow Integrated Risk Management (IRM): ServiceNow's IRM/GRC module is the most direct large-platform competitor, offering risk, compliance, audit, and TPRM workflows on the Now Platform. It targets the same large enterprise buyers as LogicGate but as part of a much broader workflow portfolio.
- RSA Archer: RSA Archer is an established enterprise GRC platform (now under Regnology/FSN Capital) covering operational risk, regulatory compliance, and IT risk. A legacy incumbent often replaced or evaluated alongside LogicGate in large enterprise GRC procurements.
- SAP GRC: SAP's GRC and risk management suite covers access control, process control, and enterprise risk, primarily for SAP-centric enterprises. A broad incumbent that competes in regulated industries where LogicGate also plays.
- IBM OpenPages with Watson: IBM OpenPages is an enterprise GRC platform for operational risk, regulatory compliance, IT governance, and internal audit, often sold to large financial institutions. Competes in the same enterprise risk and compliance category as LogicGate.
Direct peers
- OneTrust: OneTrust is a direct GRC peer offering privacy, governance, risk, compliance, ethics, and ESG applications on a unified platform. Overlaps with LogicGate on controls compliance, TPRM, AI governance, and risk management, with similar enterprise-led GTM.
- Diligent (formerly Galvanize/ACL): Diligent's GRC platform (built on the Galvanize/ACL technology) provides enterprise risk, compliance, audit, and board reporting software. Closely comparable on risk registers, controls testing, and audit management for regulated enterprises.
- MetricStream: MetricStream is a long-standing enterprise GRC specialist covering operational risk, IT risk, regulatory compliance, and internal audit. Directly competes for the same regulated enterprise buyer, particularly in financial services.
- Riskonnect: Riskonnect provides integrated risk management software covering enterprise risk, third-party risk, healthcare risk, and compliance. A direct mid-to-enterprise GRC peer with similar buyer profile.
- NAVEX Global: NAVEX Global offers governance, risk, compliance, and ethics & compliance software (whistleblowing, policy management, third-party risk). Comparable in the compliance and ethics layer of LogicGate's portfolio.
Emerging players
- Drata: Drata is a fast-growing compliance automation platform for SOC 2, ISO 27001, HIPAA, and other frameworks, primarily targeting mid-market. Adjacent competitor in automated evidence collection and controls compliance, where LogicGate also competes.
Market position
Strengths5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
LogicGate social profiles
Digital presenceLogicGate compliance and trust
Trust signalCompliance5 records
LogicGate financial estimates
Financial estimateRevenue estimate
Valuation estimate
LogicGate leadership team
Management profileNumber of profiles
Profiles1 record
LogicGate subsidiaries and ownership
Company hierarchySubsidiaries1 record
LogicGate funding detail
Funding detailFunding overview
Funding rounds8 records
Investors16 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LogicGate M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LogicGate
What does LogicGate do?
LogicGate offers Risk Cloud, a cloud-based, no-code governance, risk, and compliance (GRC) platform that enables enterprises to automate risk assessments, centralize compliance evidence, and manage third-party, cyber, enterprise, and operational risk across 25+ frameworks. The platform is powered by a proprietary graph database architecture and augmented by Spark AI (generative AI for evidence review, autofill, and reporting insights), Config Newton (an agentic GRC engineer), and specialized AI agents that orchestrate workflows. It is sold primarily through annual SaaS subscriptions priced per application and per Power User seat, targeting large, regulated organizations.
Is LogicGate a public or private company?
LogicGate is a private company. It is classified as venture growth investor backed and is currently operating.
When was LogicGate founded?
LogicGate was founded in 2015. It employs 101 to 250 people.
Where is LogicGate based?
LogicGate is headquartered in Chicago, United States, in the North America region.
How does LogicGate make money?
One revenue line is on record: risk Cloud SaaS Subscriptions.
Who are LogicGate's main competitors?
Broad incumbents on record are ServiceNow Integrated Risk Management (IRM), RSA Archer, SAP GRC and IBM OpenPages with Watson. Direct peers are OneTrust, Diligent (formerly Galvanize/ACL), MetricStream, Riskonnect and NAVEX Global. Drata is listed as an emerging player.
Does LogicGate have an API?
Yes. LogicGate offers an Open RESTful API that allows customers to connect to common platforms and build custom integrations. The API enables customers to extract data from their Risk Cloud environment and transmit it to third-party applications or platforms. Additionally, LogicGate provides unidirectional APIs for data extraction to third-party apps like Google Looker. Developer documentation is at www.logicgate.com/developer.
What industry is LogicGate in?
LogicGate's product category is Governance, Risk, and Compliance (GRC) Software. Its primary akta.pro industry code is HDAEANAE, Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies), with a secondary code of HDAAAKAA, Model Governance, Risk & Compliance (GRC) Platforms. Its NAICS code is 5132 and its SIC code is 7372.