No Result
View All Result
SUBSCRIBE | NO FEES, NO PAYWALLS
MANAGE MY SUBSCRIPTION
NEWSLETTER
Corporate Compliance Insights
  • Home
  • About
    • About CCI
    • Writing for CCI
    • Career Connection
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Explore Topics
    • See All Articles
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Well-Being at Work
    • Leadership and Career
    • Opinion
  • Vendor News
  • Events
    • Calendar
    • Submit an Event
  • Library
    • Download Whitepapers & Reports
    • Download eBooks
    • New: Living Your Best Compliance Life by Mary Shirley
    • New: Ethics and Compliance for Humans by Adam Balfour
    • 2021: Raise Your Game, Not Your Voice by Lentini-Walker & Tschida
    • CCI Press & Compliance Bookshelf
  • Podcasts
  • Videos
    • On-Demand Webinars: Earn CEUs
  • Subscribe
  • Home
  • About
    • About CCI
    • Writing for CCI
    • Career Connection
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Explore Topics
    • See All Articles
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Well-Being at Work
    • Leadership and Career
    • Opinion
  • Vendor News
  • Events
    • Calendar
    • Submit an Event
  • Library
    • Download Whitepapers & Reports
    • Download eBooks
    • New: Living Your Best Compliance Life by Mary Shirley
    • New: Ethics and Compliance for Humans by Adam Balfour
    • 2021: Raise Your Game, Not Your Voice by Lentini-Walker & Tschida
    • CCI Press & Compliance Bookshelf
  • Podcasts
  • Videos
    • On-Demand Webinars: Earn CEUs
  • Subscribe
No Result
View All Result
Corporate Compliance Insights
Home GRC Vendor News

LogicGate Secures $113M Series C with the Aim to Empower Global Enterprises to Treat Risk as a Strategic Advantage

Funding Will Be Used to Fuel Innovation and Accelerate Growth

by Corporate Compliance Insights
July 28, 2021
in GRC Vendor News
people walking in crowded office lobby

CHICAGO (July 28, 2021) — LogicGate, a leading provider of transformative risk and compliance solutions through its Risk Cloud™ platform, today announces a $113 million Series C funding round led by PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies. Greenspring Associates also meaningfully increased its commitment since their original investment in 2019.

“Today, the market for risk and compliance tools is experiencing significant growth and innovation, which we believe is similar to the CRM market 10 to 15 years ago,” said Matt Kunkel, CEO of LogicGate. “We’re thrilled to partner with PSG and continue our relationship with Greenspring as we aim to address the market demand for a holistic no-code platform equipped with the tools and agility required to meet the evolving risk management needs of modern organizations.”

According to Gartner, the integrated risk management (IRM) market is projected to experience growth of 12.6 percent in 2021, with the total addressable market expected to grow to $9.3 billion by 2023. In a Gartner survey of risk managers, the top three risk management priorities for their companies — a greater focus on building operational resilience, building business model resilience and risk interdependencies and cross-functional response — all require an IRM approach.

Since its inception in 2015, LogicGate has embraced its mission to create flexible, easy-to-use enterprise technology for accurately assessing, monitoring, actioning and rapidly pivoting GRC programs to changing maturity levels. Today, LogicGate serves hundreds of customers, including SoFi, Zurich Insurance, Memorial Hermann Health and Cimpress, who are using the robust Risk Cloud platform in an effort to build and scale a myriad of entry-level to sophisticated risk, compliance, regulatory and security programs that go beyond asset protection to revenue creation. The company continues to grow its client roster and out-of-the-box applications, which can be found on the Risk Cloud Exchange marketplace, as well as its technology partnerships and channel sales.

“LogicGate has a leading platform that leverages their no-code solution for a broad array of customers spanning a variety of industries globally,” said Adam Marcus, LogicGate board member and Managing Director at PSG. “We are excited to work alongside the LogicGate team as they continue to expand their product footprint and deliver a comprehensive risk management solution to the marketplace.”

The new capital brings LogicGate’s total funding to date to $156 million. The funds aim to fuel all elements of LogicGate’s business, including significant product advancements — notably, a risk quantification solution set to be released later this year — and the expansion of its partner ecosystem, international presence and security posture.

About LogicGate

LogicGate, creator of the Risk Cloud™ platform and Risk Cloud Exchange (RCX), is helping redefine the way businesses think about risk. Through the proactive management of governance, risk and compliance (GRC) processes, hundreds of customers rely on Risk Cloud to improve organizational efficiency, reduce costs and enable revenue generation and retention. In addition to earning recognition for its technology innovation from Gartner and G2, the global company has also received accolades from Crain’s Chicago Business, Built-In Chicago and the Chicago Tribune for its company culture.

For more information, visit LogicGate.com and follow LogicGate on LinkedIn and Twitter at @LogicGate.

About PSG

PSG is a growth equity firm that partners with middle-market software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams. Having backed more than 80 companies and facilitated over 325 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City and London. To learn more about PSG, visit www.psgequity.com.


Previous Post

COSO Releases New Guidance: Enterprise Risk Management for Cloud Computing

Next Post

Astorg and Bridgepoint Complete Fenergo Acquisition

Corporate Compliance Insights

Corporate Compliance Insights

Corporate Compliance Insights

Related Posts

labrador transparency awards graphic

PayPal, Verizon Listed Among Transparency Award Winners

by Corporate Compliance Insights
September 21, 2023

PayPal, Target and Verizon were among the S&P 250 companies honored for the efficacy of their corporate disclosure documents with...

collage of hands texting

From Inquiry to Response: What to Do When Regulators Come Knocking for Text Messages

by Lauren Tringali and Brian Corbin
September 20, 2023

Financial institutions have been hit with billions of dollars’ worth of fines in the past couple of years for failing...

british bank note on clothesline

Upcoming UK Reforms: Tackling AML Will Require Consolidation, Not Further Fragmentation

by Simon Luke
September 20, 2023

With a series of proposed reforms on the table to improve the effectiveness of the UK’s anti-money laundering and counter-terrorism...

Women-working-machines-American-Woolen-Company-Boston-1912

Stuck in the Middle? Succeeding in the Industrial Sustainability Revolution Requires Root & Branch Reform

by Stuart McLachlan and Dean Sanders
September 19, 2023

Stuart McLachlan and Dean Sanders, authors of “The Adventure of Sustainable Performance: Beyond ESG Compliance to Leadership in the New...

Next Post
business merger and acquisition vector concept with businessmen shaking hands

Astorg and Bridgepoint Complete Fenergo Acquisition

Available SQ
New call-to-action

Jump to a Topic

AML Anti-Bribery Anti-Corruption Artificial Intelligence (AI) Automation Banking Board of Directors Board Risk Oversight Business Continuity Planning California Consumer Privacy Act (CCPA) Communications Management Corporate Culture COVID-19 Cryptocurrency Culture of Ethics Cybercrime Cyber Risk Data Analytics Data Breach Data Governance DOJ Download Due Diligence Enterprise Risk Management (ERM) ESG FCPA Enforcement Actions Financial Crime Financial Crimes Enforcement Network (FinCEN) GDPR HIPAA Know Your Customer (KYC) Machine Learning Monitoring RegTech Reputation Risk Risk Assessment Sanctions SEC Social Media Risk Supply Chain Technology Third Party Risk Management Tone at the Top Training Whistleblowing
No Result
View All Result

Privacy Policy

Founded in 2010, CCI is the web’s premier global independent news source for compliance, ethics, risk and information security. 

Got a news tip? Get in touch. Want a weekly round-up in your inbox? Sign up for free. No subscription fees, no paywalls. 

Follow Us

Browse Topics:

  • CCI Press
  • Compliance
  • Compliance Podcasts
  • Cybersecurity
  • Data Privacy
  • eBooks Published by CCI
  • Ethics
  • FCPA
  • Featured
  • Financial Services
  • Fraud
  • Governance
  • GRC Vendor News
  • HR Compliance
  • Internal Audit
  • Leadership and Career
  • On Demand Webinars
  • Opinion
  • Resource Library
  • Risk
  • Uncategorized
  • Videos
  • Webinars
  • Well-Being
  • Whitepapers

© 2023 Corporate Compliance Insights

No Result
View All Result
  • Home
  • About
    • About CCI
    • Writing for CCI
    • Career Connection
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Explore Topics
    • See All Articles
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Well-Being at Work
    • Leadership and Career
    • Opinion
  • Vendor News
  • Events
    • Calendar
    • Submit an Event
  • Library
    • Download Whitepapers & Reports
    • Download eBooks
    • New: Living Your Best Compliance Life by Mary Shirley
    • New: Ethics and Compliance for Humans by Adam Balfour
    • 2021: Raise Your Game, Not Your Voice by Lentini-Walker & Tschida
    • CCI Press & Compliance Bookshelf
  • Podcasts
  • Videos
    • On-Demand Webinars: Earn CEUs
  • Subscribe

© 2023 Corporate Compliance Insights

Welcome to CCI. This site uses cookies. Please click OK to accept. Privacy Policy
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT