TrustCloud vs AuditBoard
Side-by-side comparison of AI visibility scores, market position, and capabilities
AI-powered trust management platform automating compliance evidence collection and security questionnaire responses for B2B software companies; always-current compliance posture replaces annual audit scrambles and reduces sales engineering overhead.
About
TrustCloud is an AI-powered trust management platform that helps B2B software companies automate SOC 2, ISO 27001, and other compliance programs while also managing the ongoing trust requirements of enterprise sales — primarily security questionnaires that prospects send before purchasing. The platform automatically collects evidence from a company's connected tools (AWS, GitHub, Jira, etc.), maps it to compliance framework controls, and maintains an always-current compliance posture rather than scrambling before annual audits. TrustCloud's AI capabilities extend to security questionnaire response automation, which can answer vendor security assessments using the company's existing documentation and past responses, dramatically reducing the sales engineering time spent on security reviews. The company targets post-seed to Series B technology companies that are facing both compliance certification requirements from enterprise customers and increasing volumes of security questionnaires. Founded in 2020, TrustCloud raised funding from investors including WndrCo and Foundation Capital. It competes with Vanta, Drata, and Whistic in the compliance automation and trust management market.
$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
About
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.\n\nThe 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.\n\nAuditBoard 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.
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