Thoropass vs SmartBear
Side-by-side comparison of AI visibility scores, market position, and capabilities
$98M funding ($50M Series C Jan 2024 Fin Capital); $60.4M revenue 2024; 232 employees; Inc. 5000 #427 2024; G2 Leader Summer 2025 (6 categories); SOC2/ISO27001 leader
About
Thoropass is a compliance automation platform founded to eliminate the manual audit burden that prevents fast-growing companies from achieving security certifications such as SOC 2, ISO 27001, HIPAA, and PCI DSS. The company was founded on the premise that compliance should be a continuous, automated process integrated into engineering workflows rather than a periodic, documentation-heavy audit exercise performed by consultants. Thoropass combines purpose-built compliance software with in-house auditors, offering customers a single vendor relationship that covers both the technology platform and the attestation itself — a model that compresses time-to-certification from months to weeks.\n\nThoropass's platform provides automated evidence collection connected to cloud infrastructure (AWS, GCP, Azure), CI/CD pipelines, identity providers, and SaaS tools. Customers get real-time compliance posture monitoring, policy management, vendor risk assessment, and audit readiness dashboards. Because Thoropass employs its own AICPA-accredited auditors, customers do not need to separately engage a Big Four or mid-market accounting firm to complete their SOC 2 audit — the platform and audit are delivered as a unified product. This integration dramatically reduces coordination overhead and audit preparation costs.\n\nThoropass has raised $98 million in total funding, including a $50 million Series C in January 2024, and reported $60.4 million in annual revenue for 2024 with a team of 232 employees. The company has earned G2 Leader recognition for Summer 2025 in the compliance management category and serves hundreds of technology companies that must maintain certifications as a condition of enterprise sales cycles. As compliance requirements expand under frameworks like FedRAMP and emerging AI governance standards, Thoropass is positioned to extend its automation-first model into new regulatory domains.
SmartBear is a software quality company offering a suite of API testing, visual testing, performance testing, and test management tools used by enterprise development teams.
About
SmartBear is a software quality tooling company headquartered in Somerville, Massachusetts that provides a broad portfolio of products spanning API design and testing, visual testing, performance testing, and test management — serving development and QA teams across the full software quality lifecycle with purpose-built tools for each testing discipline rather than a single consolidated platform. SmartBear's most widely known product, ReadyAPI (formerly SoapUI), is an industry-standard API testing tool used by QA engineers and developers to validate REST, SOAP, and GraphQL API behavior through functional test automation, security scanning, and load testing. SwaggerHub, SmartBear's API design and documentation platform, is another flagship product with broad enterprise adoption in the API governance and design-first development workflow market.
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