GRC Vendor News

HaystackID has acquired eDiscovery AI, a provider of AI legal technology, the Chicago-based legal and compliance services company said. Terms of the deal were not disclosed. eDiscovery AI's technology has been integrated into HaystackID's AI offerings with workflows designed...

Centralis Group has acquired Pine Advisor Solutions, a US-based provider of compliance, fund officer and distribution services to asset managers, the companies said. Terms of the deal, subject to regulatory approvals, were not disclosed. The transaction is expected to...

Sphinx has raised $7 million in a seed round led by Cherry Ventures, with participation from Y Combinator, Rebel Fund, Deel Ventures and Singularity Capital, the San Francisco-based compliance technology company said. The company builds browser-native AI agents that...

Complyance has raised $20 million in a Series A round led by GV, the venture capital arm of Google, the New York-based GRC software company announced. The round included continued participation from existing investors Creandum, HV Capital, Speedinvest and...

Automation software company UiPath has acquired WorkFusion, a provider of AI agents for financial crime compliance. Terms of the deal were not disclosed. WorkFusion's AI agents automate customer screening, investigations and other aspects of AML laundering and KYC operations....

OneTrust has appointed John Heyman as CEO, with founder Kabir Barday transitioning to a strategic advisory role on the board of directors, the Atlanta-based governance software company said. Heyman previously served as CEO of Radiant Systems and Snap One,...

FlexTecs has received a strategic investment from Cohere Capital, a Boston-based private equity firm, the Atlanta-based recovery audit and contract compliance company said. FlexTecs’ founders retain majority ownership, and leadership remains unchanged, though the company declined to offer further...

ThetaRay has appointed Brad Levy as CEO, with current chief executive Peter Reynolds stepping down due to family reasons, the financial crime compliance software company said. Levy most recently served as CEO of Symphony, a financial markets infrastructure and...

Diligent has acquired 3rdRisk, an AI-native third-party risk management platform based in the Netherlands, the GRC software company reported. Terms of the deal were not disclosed, but Diligent said Bram Ketting, co-founder and CEO of 3rdRisk, would continue with...

HaystackID has named Chad Pinson CEO, with current CEO Hal Brooks transitioning to executive chairman, the legal and compliance services company said in a news release. Pinson brings more than two decades of professional services leadership in legal, technology,...

Purpose Legal has acquired Hire Counsel, a provider of managed review and flexible legal staffing services. Terms of the deal were not disclosed. Founded in 1993, Hire Counsel provides managed review and flexible legal staffing services with a network...

Vidett has acquired Bridgehouse Company Secretaries, a corporate governance firm. Terms of the deal were not disclosed. Founded in 2005, Bridgehouse provides outsourced GRC services. Bridgehouse managing director Ibi Eso will continue to lead the business. Vidett provides governance...