Apparity
Apparity is an Atlanta-based software company that sells a cloud-based End User Computing risk management platform to banks, insurers, and utilities for discovering, assessing, and controlling mission-critical spreadsheets, databases, and other EUC applications under financial regulatory mandates.
- Company typePrivate
- Founded2009
- HeadquartersAtlanta, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Apparity does
Apparity is a privately held U.S. software company headquartered in Atlanta, Georgia, founded in 2009, that sells a cloud-based End User Computing (EUC) risk management platform to enterprise financial institutions, insurers, and utilities. The platform addresses the regulatory and operational risks arising from spreadsheets, databases, scripts, and other EUC applications that fall outside traditional IT risk management and lack native controls. Its core offering comprises four integrated modules — Discovery, Active Capture, Registration, and Active Management — supported by proprietary SmartFilters technology that the company reports achieves a 96% reduction in false positives compared with legacy discovery tools, with AI-assisted features for connection-string detection, automated documentation, and platform recommendations layered on top.
The platform is delivered via Apparity Cloud (launched September 2021) and supports compliance with major financial regulations including SOX, DORA, BCBS 239, BaFin BAIT/KAIT/VAIT, and SR 11-7. Apparity is SOC 2 Type II attested, GDPR- and CCPA-aligned, and has been independently recognized as a global solution leader by Bloor Research and as a High Performer on G2. The company maintains a sustained Net Promoter Score of 60 across four consecutive years.
Apparity operates a sales-led enterprise go-to-market, with direct field sales supplemented by strategic partnerships with CRISIL (S&P Global), KPMG, Capco, and Transformation Factory that provide implementation, advisory, and channel reach across the U.S., Europe, and India. Revenue is generated primarily through annual subscription contracts; pricing is quote-based and not publicly disclosed. The company has historically been bootstrapped, with only one disclosed funding round of approximately $429K in 2012, and has no disclosed institutional investors, parent company, or M&A activity.
Apparity firmographics
Firmographics- Name
- Apparity
- Legal name
- Apparity LLC
- Website
- https://apparity.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Apparity is an Atlanta-based software company that sells a cloud-based End User Computing risk management platform to banks, insurers, and utilities for discovering, assessing, and controlling mission-critical spreadsheets, databases, and other EUC applications under financial regulatory mandates.
- Ownership category
- akta.pro rank
Apparity industry classification
Industry- Product category
- EUC Risk Management Software
- NAICS
- Software Publishers (513210), Computer Systems Design Services (541512)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- End-User Computing Outsourcing (EUC / Desktop Services) (BPAEAMAE)
- akta.pro secondary industries
- Enterprise Application Security, GRC & Compliance Services (BPAEAGAL), Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE)
Keywords
Where Apparity is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Apparity business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Software Platform Subscription: Subscription-based access to Apparity's EUC risk management platform including Discovery, Active Capture, Registration, and Active Management modules. Platform available as cloud-based solution (Apparity Cloud) with automatic updates.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise subscription with modular access to platform capabilities |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Apparity product offering
Product offeringCore offering
Apparity sells an enterprise EUC (End User Computing) Risk Management platform that discovers, inventories, risk-assesses and controls end-user computing applications such as spreadsheets, databases, scripts, and models. The platform is available as on-premises software (Apparity Platform) and as a cloud SaaS deployment (Apparity Cloud), and is built around four modules—Discovery, Active Capture, Registration, and Active Management—addressing regulatory compliance for SOX, DORA, BaFin, SR 11-7 and similar mandates.
Product overview
Apparity is an EUC (End User Computing) Risk Management platform delivered as a unified solution with cloud and on-premises deployment options. The core Apparity Platform comprises four integrated modules: Discovery Module (scans to identify EUCs), Active Capture Module (detects EUCs at point-of-use), Registration Module (assesses and inventories EUCs), and Active Management Module (applies controls including Excel/Access database controls, integrity checks, and GRC integration). Apparity Cloud provides the same capabilities via a cloud-based SaaS deployment. The platform also includes specialized solutions for Banking, Insurance, and Utilities industries, and supports compliance with regulations including SOX, BaFIN, CCPA, and GDPR through integrated policy and controls frameworks.
Differentiator
Problem solved
Functional benefit
Brands
- Apparity Cloud: Cloud-based end user data governance platform for discovering, inventorying and managing application file types.
Products and services
- Apparity Platform Unified EUC risk management platform that enables organizations to identify, inventory, assess and control end-user computing applications including spreadsheets, databases, and scripts, with modules for Discovery, Active Capture, Registration and Active Management.
- Apparity Cloud
Quantifiable outcome
- 96% reduction in false positive noise compared to legacy EUC discovery solutions
- +3 more outcomes
Companies that use Apparity
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Apparity technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature7 records
Apparity partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core, flagship and minor.
- Transformation FactorycoreFrench consultancy expert in data management, transformation, operational risk and quantitative financial analysis. Partnership aims to offer French and European financial institutions comprehensive EUC governance combining business advisory, risk methodology, tooling integration and operational implementation. Transformation Factory has launched a dedicated Operational Risk & EUC Control Practice to oversee advisory, methodology, remediation programs and deployment support.
- KPMGflagshipLeading professional services firm. Co-hosting webinar on EUC Governance in 2025 (November 18) to discuss how organizations are modernizing End User Computing governance, reducing EUC risk and meeting new regulatory standards.
- CRISILcoreS&P Global company, world's top-ranked provider of high-end risk, data analytics and research solutions. Partnership offers comprehensive EUC and model-risk proposition for financial institutions by integrating CRISIL's expertise in model and EUC governance and understanding of global regulatory regimes with Apparity's cutting-edge solutions. CRISIL has worked with over 100 clients and developed, reviewed, or validated over 20,000 EUCs and models since 2015.
- CapcocoreManagement consulting firm specializing in the financial services industry. Jointly delivered EUC governance program with Apparity for a leading German financial institution supervised by BaFin. Capco provided program management, business/data/quality analysis, and transition support from legacy SharePoint solution.
- NetRoadshowminorApparity is part of NetRoadshow, the premier digital roadshow provider to the investment banking community. Since 1997, global financial services firms including bulge bracket banks have relied on NetRoadshow. Relationship provides industry, technical & compliance expertise, ethos of customer service excellence, and organizational stability.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
Apparity competitors and assessment
Company assessmentBroad incumbents
- RSA Archer: RSA Archer is an established enterprise GRC platform widely deployed at large banks and insurers. Comparable because buyers evaluating Apparity often compare it against Archer's risk and compliance modules.
- ServiceNow GRC: ServiceNow's Integrated Risk Management (GRC) module competes indirectly by allowing large enterprises to centralize risk and compliance workflows, including EUC-related controls, on a single enterprise platform.
- Diligent (Galvanize/ACL): Diligent's Galvanize/ACL platform provides enterprise GRC and audit analytics used by financial institutions. Comparable as a broader incumbent offering overlapping EUC and risk controls inside a wider governance suite.
- SAP GRC: SAP's GRC suite is used by many of the same large financial institutions Apparity targets, particularly for SOX and access controls around financial reporting processes that rely on EUCs.
- Workiva (Prodiance): Workiva acquired Prodiance, an EUC/spreadsheet controls platform, and bundles EUC governance into its broader SEC reporting and GRC cloud platform. Comparable because it serves similar regulated FS buyers with EUC controls as part of a wider compliance suite.
- IBM OpenPages: IBM OpenPages is a GRC platform with model risk management and operational risk modules commonly deployed at global banks. Comparable as a broader incumbent addressing some of the same regulatory drivers (SR 11-7, BCBS 239) as Apparity.
Direct peers
- Cimcon: Cimcon is a legacy EUC risk management provider, cited in Apparity's own positioning as a first-generation incumbent. Comparable as a historical competitor for spreadsheet/EUC discovery and controls in regulated enterprises.
- ClusterSeven (Collibra): ClusterSeven was a direct competitor in spreadsheet and EUC risk management before being acquired by Collibra. It is the closest historical peer to Apparity, offering discovery, inventory, and control of mission-critical spreadsheets and EUCs for financial institutions.
Emerging players
- Inforiver: Inforiver provides enterprise planning, reporting, and analytics tools inside Excel and Power BI. Comparable as an emerging player addressing the same user base of finance and risk teams reliant on spreadsheets for critical reporting.
- Wolters Kluwer TeamMate: TeamMate is an audit and controls platform that frequently overlaps with EUC testing and assurance in regulated FS audits. Comparable because audit teams and FS risk buyers often pair EUC controls with TeamMate-style assurance workflows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks4 records
Key highlights7 records
Customer concentration
Apparity social profiles
Digital presenceApparity compliance and trust
Trust signalCompliance3 records
Apparity financial estimates
Financial estimateRevenue estimate
Valuation estimate
Apparity leadership team
Management profileNumber of profiles
Profiles5 records
Apparity funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Apparity 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 Apparity
What does Apparity do?
Apparity sells an enterprise EUC (End User Computing) Risk Management platform that discovers, inventories, risk-assesses and controls end-user computing applications such as spreadsheets, databases, scripts, and models. The platform is available as on-premises software (Apparity Platform) and as a cloud SaaS deployment (Apparity Cloud), and is built around four modules—Discovery, Active Capture, Registration, and Active Management—addressing regulatory compliance for SOX, DORA, BaFin, SR 11-7 and similar mandates.
Is Apparity a public or private company?
Apparity is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Apparity founded?
Apparity was founded in 2009. It employs 1 to 10 people.
Where is Apparity based?
Apparity is headquartered in Atlanta, United States, in the North America region.
How does Apparity make money?
One revenue line is on record: software Platform Subscription.
Who are Apparity's main competitors?
Broad incumbents on record are RSA Archer, ServiceNow GRC, Diligent (Galvanize/ACL), SAP GRC, Workiva (Prodiance) and IBM OpenPages. Direct peers are Cimcon and ClusterSeven (Collibra). Emerging players are Inforiver and Wolters Kluwer TeamMate.
Does Apparity have an API?
No public API is recorded for Apparity.
What industry is Apparity in?
Apparity's product category is EUC Risk Management Software. Its primary akta.pro industry code is BPAEAMAE, End-User Computing Outsourcing (EUC / Desktop Services), with a secondary code of BPAEAGAL, Enterprise Application Security, GRC & Compliance Services. Its NAICS code is 513210 and its SIC code is 7372.