Hyperproof vs Vertafore
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
About
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.
Bothell insurance agency management platform serving 20,000+ agencies and 1,000+ carriers; Francisco Partners/TPG-backed AMS360 and Sagitta competing with Applied Systems for independent agency technology.
About
Vertafore is an Bothell, Washington-based insurance technology company providing agency management systems, rating and comparative rater tools, and distribution automation software to the independent insurance agency and carrier ecosystem — serving 20,000+ independent agencies, 1,000+ carriers and MGAs, and 30+ state associations with the AMS360, Sagitta, QQCatalyst, and Applied TAM agency management platforms. Private equity-backed by Francisco Partners and TPG, Vertafore is one of the two dominant agency management system vendors in the US independent agency market (alongside Applied Systems), serving the agency channel that distributes approximately $400 billion in US insurance premium annually.
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