GRC Vendor News

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...

Avetta has launched Avetta University, a learning platform integrated into its Avetta One supply chain risk management software, the Utah-based company said in a news release. The platform provides suppliers and contractors with health and safety e-training courses that...

Ontra has launched a fully outsourced third-party KYC service for private market firms, the San Francisco-based AI-powered solutions provider said. The service provides fund managers with a dedicated analyst who handles each KYC request from initiation to clearance, including...

Haveli Investments, a technology-focused investment firm, will acquire a majority stake in Sirion, a contract lifecycle management software provider. Terms of the deal were not disclosed. The Austin-based private equity firm will provide capital and operational support to accelerate...

AuditBoard has launched Scenario Planning, a tool that enables risk teams to model potential risk events and their outcomes, the Seattle-based risk management platform provider said. The tool allows users to establish potential scenarios, model the likelihood and impact...

Fenergo has partnered with Moody's to integrate Moody's entity verification API into Fenergo's FinCrime OS client lifecycle management platform, the companies said in a news release. The integration provides compliance teams with access to registry data, entity details and a...

Creative Accelerator has launched Take Care, a platform that monitors software-as-a-service contract changes and recommends compliance adjustments. The platform tracks 85-plus applications for contract changes, analyzes how different applications handle terms such as content ownership and data usage, automatically...