B-GRC
B-GRC is a Chilean SaaS platform that delivers integrated Governance, Risk, Compliance, and Internal Audit software to enterprise clients across Latin America, with 120+ customers and five modules built on AWS.
- Company typePrivate
- Founded2017
- HeadquartersLas Condes, Chile
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What B-GRC does
B-GRC, operated by Chilean private company IT Apps Business Solutions SpA, is an integrated SaaS platform for Governance, Risk, and Compliance (GRC) and internal audit, serving enterprise clients across Latin America. The platform unifies five modules — Risk Management (Gestión de Riesgos), Compliance (Cumplimiento) including Chile's Modelo de Prevención de Delitos, Internal Audit (Auditoría Interna), Whistleblowing/Integrity (Sistema de Denuncias), and Continuous Training (Capacitación Continua) — around the Three Lines of Defense (M3L) model. Its technical core is built as a cloud-native SaaS on Amazon Web Services, with API-driven integrations to Microsoft Power BI and analytics tools such as Arbutus for continuous auditing. Notable technical components include automated residual risk calculation, multi-dimensional heat map generation across ESG, financial, compliance, reputational, operational, and data security dimensions, KYC/PEP screening, conflict-of-interest surveys, and a whistleblower channel with anonymous intake and case workflow.
The company sells through a sales-led, enterprise-focused go-to-market model: specialized commercial consultants run advisory-led discovery, followed by a structured onboarding (enablement, data loading, training, go-live, controlled rollout) and ongoing support. Pricing is quote-based subscription with unlimited users per deployment, sold as a global contract value rather than per-seat, which is unusual in GRC and incentivizes broad internal adoption. Revenue is recurring subscription-based. Distribution combines direct enterprise sales with an implementation partner network anchored by Deloitte and regional consulting firms (Eticactiva, García Conde Consultores, Vision Consulting, Build The Future, Sequeira & Asociados, Crearis Latam). B-GRC reports serving 120+ clients across Chile, Argentina, Mexico, Ecuador, and Peru, with named enterprise logos spanning beverages, retail, financial services, education, healthcare, utilities, transportation, agriculture, and state-owned enterprises. The platform is ISO/IEC 27001:2022 certified (2026-2029) for information security management across its cloud operations.
B-GRC firmographics
Firmographics- Name
- B-GRC
- Legal name
- IT Apps Business Solutions SpA
- Website
- https://b-grc.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- B-GRC is a Chilean SaaS platform that delivers integrated Governance, Risk, Compliance, and Internal Audit software to enterprise clients across Latin America, with 120+ customers and five modules built on AWS.
- Ownership category
- akta.pro rank
B-GRC industry classification
Industry- Product category
- Governance, Risk and Compliance (GRC) Software
- NAICS
- Software Publishers (5132), Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Governance, Risk & Compliance (GRC) Platforms (BPAEAPAA)
- akta.pro secondary industries
- Risk, Controls & Governance (GRC) Platforms (FSAFAOAG), Compliance, GRC Workflow & Audit Automation Platforms (HDAEAHAL), Privacy, Consent & Data Protection Management (BPAEAPAF)
Keywords
Where B-GRC is headquartered
LocationHeadquarters
- HQ city
- Las Condes
- HQ country
- Chile
- HQ region
- Latin America
Markets served
B-GRC business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription Services: B-GRC operates as a Software as a Service (SaaS) platform delivering risk management, compliance, and internal audit software solutions. The service includes software, hardware, support, and necessary maintenance for systematic internal control. Pricing appears to be based on the solution as a whole with unlimited users.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Whistleblower channel solution with unlimited users |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
B-GRC product offering
Product offeringCore offering
B-GRC sells a multi-tenant SaaS platform for corporate governance, risk, compliance, and internal audit management. The system integrates the Three Lines of Defense Model (M3L), unifying risk identification and heat-mapping, crime-prevention compliance, internal audit planning and execution, whistleblower ethics management, and continuous training into one cloud-delivered solution. Customers subscribe to the platform as a whole with unlimited users and receive implementation, support, and ongoing maintenance as part of the service.
Product overview
B-GRC is a comprehensive SaaS GRC (Governance, Risk, and Compliance) platform built by IT Apps Business Solutions SpA. The platform operates as a unified system with five integrated modules: B-GRC Gestión de Riesgos (Risk Management), B-GRC Cumplimiento (Compliance), B-GRC Auditoría Interna (Internal Audit), B-GRC Sistema de Denuntas (Whistleblowing), and B-GRC Capacitación Continua (Continuous Training). These modules are designed to work together, enabling the First, Second, and Third Lines of Defense model (M3L), connecting the Board, Management, Risk, Compliance, and Internal Audit functions in a centralized system. The platform is hosted on Amazon Web Services and supports integration via API with analytics tools like Power BI.
Differentiator
Problem solved
Functional benefit
Brands
- Ética en Línea: Channel of integrity and whistleblower system for ethics reporting and investigations
- Portal de Integridad
Products and services
- B-GRC Gestión de Riesgos (Risk Management) Risk management module for identifying, analyzing, evaluating, mitigating, monitoring, and reporting of governance, environmental, social, financial, compliance, operational, reputational, and data-security risks. Generates inherent risk heat maps, residual risk by control design, and proven residual risk through automated calculations of control design and operational effectiveness, with action-plan tracking and Power BI dashboards.
- B-GRC Cumplimiento (Compliance) Compliance and crime-prevention module that administers the processes and risks matrix, whistleblower channel, policies and protocols, independent reviews, and continuous improvement plans. Supports a Modelo de Prevención de Delitos (Crime Prevention Model) to exempt legal entities from criminal liability, conflict-of-interest electronic surveys, and KYC, sanctions list, and Politically Exposed Persons (PEP) screening of clients, suppliers, and employees.
- B-GRC Auditoría Interna (Internal Audit) Internal audit management system for planning, executing, and reporting of audits at the speed of risk. Includes team hours administration, risk-based audit planning, audit testing execution, report generation, communication of findings with action-plan definition, and continuous auditing by consuming analytical results from internal systems and Power BI via API.
- B-GRC Sistema de Denuncias (Whistleblowing / Ethics Line) Whistleblowing and corporate integrity management system providing a confidential, independent, anonymous reporting channel covering economic, environmental, and labor crime laws. Includes full investigation workflow, due-process documentation, case resolution, and closure capabilities, and is sold as a global solution with unlimited user assignments per case.
- B-GRC Capacitación Continua (Continuous Training) Continuous training program offering closed (in-company) and open courses on the GRC model, risk management, compliance (including crime prevention model), and internal audit, intended for professionals and organizations implementing the B-GRC platform.
Quantifiable outcome
- Over 120 clients in Latin America trust B-GRC modules
- +1 more outcomes
Companies that use B-GRC
Customer profileNamed customers26 records
Segments4 records
Ideal customer profiles1 record
B-GRC technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature9 records
B-GRC partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- DeloittecoreDeloitte provides professional services including Audit, Tax, Consulting, Risk Management, and Financial Advisory. They partner with B-GRC to deliver comprehensive GRC implementations to enterprise clients across Latin America.
- EticactivacoreEticactiva helps companies design and implement risk management models aimed at preventing corporate crimes. Based on ethics and good conduct principles, they seek to generate an 'ethical culture' that guides organizational behavior.
- García Conde ConsultoresminorLegal and compliance consulting firm committed to providing solutions in legal matters under the highest standards of ethics and professionalism. Works with B-GRC to deliver tailored compliance implementations.
- Vision ConsultingminorProvides solutions in digital transformation, internal audit, corporate governance, risk, compliance, and control through personalized advisory, coaching, and training activities.
- Build The FutureminorProvides compliance, diversity and inclusion consulting and legal services as engines of cultural change and sustainable development agenda. Offers transparency, integrity, gender, diversity and inclusion programs.
- Sequeira & AsociadosminorAdvises companies to improve profitability, convert risks and regulatory compliance into opportunities, develop winning strategies, and maximize and preserve value with specialized professionals.
- Crearis LatamminorHelps Latin American organizations create value from their governance and transparency processes, partnering with B-GRC for integrated GRC solutions.
- Amazon Web Services (AWS)coreB-GRC software is hosted on Amazon Web Services cloud infrastructure, which according to Gartner is the worldwide leader in Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). AWS provides the secure, scalable cloud foundation for B-GRC's SaaS platform.
- MicrosoftcoreB-GRC integrates with Microsoft technologies including Power BI for analytics and reporting. Clients consume analytical results through Power BI connections.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
B-GRC competitors and assessment
Company assessmentDirect peers
- Riskonnect: Unified risk, compliance, and audit platform delivered via SaaS, often selected by mid-market and enterprise organizations as an integrated GRC alternative. Comparable positioning and bundling to B-GRC.
- LogicGate: Mid-market SaaS GRC and risk management platform offering workflow-driven automation of risk, compliance, and audit processes. Highly comparable to B-GRC in being a focused, integrated GRC cloud product sold to mid-market and enterprise customers.
- AuditBoard: Cloud-based audit, risk, and compliance platform with strong SOX/audit focus and Power BI/analytics integrations. Directly comparable to B-GRC in the risk, compliance, and internal audit SaaS category.
- Resolver: Cloud-based risk and compliance management platform (now part of Kroll) covering risk register, internal audit, compliance, and incidents. Competes head-on with B-GRC's integrated governance, risk, compliance, and audit modules.
- NAVEX Global: Provider of ethics & compliance, whistleblower hotline, and GRC software. Closely comparable to B-GRC's ethics line/whistleblower module and compliance module bundled into an integrated GRC platform.
- SAI360: Integrated GRC, risk, and sustainability platform offered as cloud SaaS across multiple verticals. Comparable size and scope to B-GRC's bundled risk, compliance, and audit modules.
Broad incumbents
- MetricStream: Established enterprise GRC platform with strong presence in Latin America and globally covering risk, compliance, audit, and ESG. Competes with B-GRC in larger enterprise and regulated-industry GRC deals.
- Diligent (HighBond/GRC): Broader governance, risk, and compliance suite (Diligent HighBond/ACL) serving enterprise boards and GRC teams globally. Larger incumbent with overlapping risk, audit, and compliance functionality compared to B-GRC.
- ServiceNow GRC / Integrated Risk Management: Major enterprise cloud platform offering an integrated risk and compliance suite alongside ITSM and HR. Represents the broad incumbent alternative B-GRC competes against in larger LATAM enterprise deals.
- Wolters Kluwer TeamMate: Established global internal audit and GRC vendor (TeamMate, Enablon) with strong audit-centric focus. Comparable to B-GRC's internal audit and controls testing modules as part of a broader GRC stack.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
B-GRC social profiles
Digital presenceB-GRC compliance and trust
Trust signalCompliance1 record
B-GRC financial estimates
Financial estimateRevenue estimate
Valuation estimate
B-GRC leadership team
Management profileNumber of profiles
B-GRC funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
B-GRC 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 B-GRC
What does B-GRC do?
B-GRC sells a multi-tenant SaaS platform for corporate governance, risk, compliance, and internal audit management. The system integrates the Three Lines of Defense Model (M3L), unifying risk identification and heat-mapping, crime-prevention compliance, internal audit planning and execution, whistleblower ethics management, and continuous training into one cloud-delivered solution. Customers subscribe to the platform as a whole with unlimited users and receive implementation, support, and ongoing maintenance as part of the service.
Is B-GRC a public or private company?
B-GRC is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was B-GRC founded?
B-GRC was founded in 2017. It employs 11 to 50 people.
Where is B-GRC based?
B-GRC is headquartered in Las Condes, Chile, in the Latin America region.
How does B-GRC make money?
One revenue line is on record: saaS Subscription Services.
Who are B-GRC's main competitors?
Direct peers on record are Riskonnect, LogicGate, AuditBoard, Resolver, NAVEX Global and SAI360. Broad incumbents are MetricStream, Diligent (HighBond/GRC), ServiceNow GRC / Integrated Risk Management and Wolters Kluwer TeamMate.
Does B-GRC have an API?
Yes. B-GRC provides an API that enables customers to consume data and analytics results. Through this API, customers integrate with Power BI and other analytics tools to display risk management, controls, and audit results. The API supports continuous auditing workflows where clients pull analytical results from internal monitoring systems and analytics platforms.
What industry is B-GRC in?
B-GRC's product category is Governance, Risk and Compliance (GRC) Software. Its primary akta.pro industry code is BPAEAPAA, Governance, Risk & Compliance (GRC) Platforms, with a secondary code of FSAFAOAG, Risk, Controls & Governance (GRC) Platforms. Its NAICS code is 5132 and its SIC code is 7372.