
Optro
Track on RadarAcquired by Hg · 2024 · news
AI-powered GRC platform for enterprise audit, risk, and compliance management.
- Total raised
- $43.61M
- Employees
- 781
- Founded
- 2014
- Momentum
- 52
Steady
Data updated July 2026
About
About Optro
At a glance
Optro is a cybersecurity company specializing in GRC, founded in 2014 and headquartered in Cerritos, United States. It has raised $43.61M in total funding, employs about 781 people, and was acquired by Hg in 2024.
Optro (formerly AuditBoard) is an enterprise GRC (Governance, Risk, and Compliance) platform that provides AI-powered tools for managing audit, cyber risk, compliance, and AI governance programs. The company is recognized as a Leader in the 2025 Gartner Magic Quadrant for GRC Tools, Assurance Leaders, and reports being trusted by over 50% of the Fortune 500. The platform is positioned as a "GRC system of action," designed to move organizations beyond static dashboards and manual workflows. Core capabilities include: - Unified risk foundation: Connects risks, controls, evidence, and compliance frameworks into a single operational model, breaking down silos across audit, cyber risk, compliance, and AI governance. - AI-driven analysis: Domain-trained AI analyzes evidence, surfaces control failures, identifies emerging risks, and recommends actions within governance frameworks built for enterprise security and auditability. - Automated assurance workflows: Continuously monitors controls, automates assurance processes, and provides embedded analytics to support risk programs at scale. - Stakeholder engagement and reporting: Delivers visibility into organizational and operational risk for both teams and executive leadership. Optro targets enterprise organizations and positions its platform around efficiency gains, compliance improvement, and deeper risk visibility. Customer outcomes cited include thousands of hours saved annually, significant reductions in redundant controls, and faster risk assessment completion. The platform integrates across a broad compliance and risk ecosystem and is designed to support regulatory requirements and executive oversight.
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FAQ
Frequently asked questions about Optro
When was Optro founded?▾
Optro was founded in 2014.
Where is Optro headquartered?▾
Optro is headquartered in Cerritos, United States.
How much funding has Optro raised?▾
Optro has raised a total of $43.61M in total funding.
Is Optro public or private?▾
Optro is a privately-held company.
How many employees does Optro have?▾
Optro has approximately 781 employees.
What does Optro do?▾
Optro (formerly AuditBoard) is an enterprise GRC (Governance, Risk, and Compliance) platform that provides AI-powered tools for managing audit, cyber risk, compliance, and AI governance programs. The company is recognized as a Leader in the 2025 Gartner Magic Quadrant for GRC Tools, Assurance Leader…