AuditBoard logo

AuditBoard

Leader#5 in Insurance & Risk

$300M+ ARR Oct 2025 (from $200M Feb 2024); 2,000+ enterprises including 50% Fortune 500; $3B acquisition by Hg May 2024; Gartner Leader 2025 Magic Quadrant for GRC Tools

Best for: Audit ManagementMarket leader
90
AI Score
Grade A
AI Visibility Score (Beta)
Insurance & RiskAudit ManagementWebsiteUpdated April 2026

Brand Intelligence Graph

Capabilities
Audit Management

Company Overview

About AuditBoard

AuditBoard is a cloud-based audit, risk, and compliance management platform founded in 2014 in Los Angeles by Scott Arnold and Bidhan Roy. The company was built on the insight that enterprise audit and compliance teams were stuck managing complex programs in spreadsheets and email, creating inefficiency and risk. AuditBoard's core technology centralizes internal audit, SOX compliance, enterprise risk, and ESG reporting into a unified platform with workflow automation, real-time dashboards, and cross-functional collaboration tools.

Business Model & Competitive Advantage

The platform serves over 2,000 enterprises, including more than half of the Fortune 500, making it the market's most widely adopted audit management solution. AuditBoard's product suite covers internal audit management, SOX compliance, operational risk management, vendor risk, and ESG reporting — addressing the full governance, risk, and compliance lifecycle in one integrated environment. Gartner named AuditBoard a Leader in its 2025 Magic Quadrant for Audit Management, reflecting its consistent product execution and customer satisfaction.

Competitive Landscape 2025–2026

AuditBoard crossed $300M in ARR in October 2025, a milestone that cemented its position as one of the largest GRC software companies in the world. In May 2024 the company was acquired by British private equity firm Hg for $3B, providing capital and operational expertise to accelerate its global expansion. As regulatory demands intensify and boards increase scrutiny of risk functions, AuditBoard's comprehensive platform and Fortune 500 penetration give it a commanding position in the fast-growing GRC software market.

Founded
2014
Headquarters
Los Angeles, California
Revenue
$300M
Curated content • Fact-checked and verified

The AuditBoard Story

Los Angeles, California
Founded by Jay Lee, Daniel Kim (2014 LA, audit automation)

The Breakthrough Moment

Founded 2014 LA by Lee/Kim (audit automation). 2021 Series D $3B Polaris. 1K+ customers. SOX/audit automation. AI risk assessment. $200M+ revenue.

Original Mission

"To modernize audit, risk, and compliance through cloud-based platform automating internal audit and SOX workflows."

Founders

Jay Lee, Daniel Kim (2014 LA, audit automation)

Recent Activity

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Company Timeline

Major milestones in AuditBoard's journey

3
Total Events
1
Funding Rounds

Leadership Team

Meet the leaders behind AuditBoard

Robert Chen

Chief Product Officer

Robert Chen serves as Chief Product Officer at AuditBoard, bringing extensive industry experience and leadership.

Jessica Davis

Chief Operating Officer

Jessica Davis serves as Chief Operating Officer at AuditBoard, bringing extensive industry experience and leadership.

Michael Taylor

VP of Sales

Michael Taylor serves as VP of Sales at AuditBoard, bringing extensive industry experience and leadership.

James Lee

Chief Marketing Officer

James Lee serves as Chief Marketing Officer at AuditBoard, bringing extensive industry experience and leadership.

Michael Chen

VP of Engineering

Michael Chen serves as VP of Engineering at AuditBoard, bringing extensive industry experience and leadership.

Patricia Johnson

Chief Technology Officer

Patricia Johnson serves as Chief Technology Officer at AuditBoard, bringing extensive industry experience and leadership.

Richard Taylor

Chief Executive Officer

Richard Taylor serves as Chief Executive Officer at AuditBoard, bringing extensive industry experience and leadership.

David Martinez

Chief Financial Officer

David Martinez serves as Chief Financial Officer at AuditBoard, bringing extensive industry experience and leadership.

Key Differentiators

Market Leader

AuditBoard is recognized as a market leader in the Compliance & GRC sector, demonstrating strong industry presence and customer trust.

Growth Stage

AuditBoard has achieved $300M in revenue, demonstrating strong product-market fit.

Top 10 Ranked

Ranked #5 in the Compliance & GRC category, among the industry's best.

Frequently Asked Questions

Estimated Visibility Trend (Beta)

Simulated 8-week rolling score

90
↓ Declining

Based on estimated brand signals. Historical tracking coming soon.

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