Side-by-side comparison of AI visibility scores, market position, and capabilities
$21.2M revenue 2024 (up from $8.2M 2023); $66.5M total funding ($40M Series B Aug 2023); 178 employees; 115+ supported frameworks; customers: Veeva, Fortinet, 3M, Motorola; compliance operations leader
Hyperproof was founded in 2019 by Craig Unger, a former compliance technology executive, to solve the operational inefficiency of enterprise compliance programs — the manual, spreadsheet-heavy process of collecting evidence, mapping controls to frameworks, and managing audit workflows across overlapping regulatory requirements. The company built a compliance operations platform designed to make continuous compliance achievable: rather than scrambling for evidence before an annual audit, teams maintain a live compliance posture against multiple frameworks simultaneously through integrations that automate evidence collection from cloud infrastructure and SaaS tools.\n\nHyperproof's platform provides a centralized control library mapping to 115+ frameworks including SOC 2, ISO 27001, HIPAA, FedRAMP, PCI DSS, GDPR, and CMMC. Controls are mapped once and reused across multiple frameworks to eliminate redundant evidence collection. Automated evidence collection integrates with AWS, Azure, GCP, GitHub, Jira, and Okta to pull compliance artifacts without manual effort. Risk management, vendor assessments, and policy management modules extend the platform beyond audit readiness into broader GRC workflows. Customers include Veeva Systems and Flexport.\n\nHyperproof reported $21.2 million in revenue for 2024, up from $8.2 million in 2023 — a 158% year-over-year increase — and has raised $66.5 million in total funding with 178 employees. Rapid growth reflects expanding compliance obligations on technology companies as AI governance frameworks, FedRAMP requirements, and state privacy regulations layer on top of existing security certifications. Hyperproof's automation-first architecture enables compliance program scaling without proportional headcount growth.
Integrated risk management and GRC platform, San Jose CA. Covers enterprise risk, compliance, audit, policy, and third-party risk for regulated industries globally.
MetricStream is a San Jose, California-based governance, risk, and compliance (GRC) software company founded in 1999 that provides a comprehensive integrated risk management platform serving enterprises in regulated industries including financial services, healthcare, energy, and manufacturing. The company is one of the established market leaders in enterprise GRC, with a global customer base spanning Fortune 1000 companies and regulatory bodies across North America, Europe, Asia, and the Middle East.\n\nMetricStream's platform covers the full GRC spectrum: enterprise risk management, compliance management, audit management, policy and procedure management, third-party risk management, operational risk, and regulatory change management. The company offers both its M7 cloud platform and industry-specific solutions tailored to banking (aligning with BCBS 239, SR 11-7, and Basel requirements), healthcare (HIPAA, HITECH), and energy (NERC CIP). MetricStream's breadth makes it a preferred platform for large organizations seeking to consolidate multiple point GRC solutions onto a single integrated system.\n\nThe company competes with ServiceNow GRC, Archer, SAI360, and NAVEX Global in the enterprise GRC market. MetricStream has invested in AI and analytics capabilities to augment risk identification and provide predictive risk insights, and has expanded its partner ecosystem of system integrators to support complex enterprise implementations. The company positions its Connected GRC model as a strategic differentiator, emphasizing the value of connecting risk data across silos to provide enterprise leadership with a consolidated view of risk exposure.
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