Founded Year

2018

Stage

Series A | Alive

Total Raised

$26.75M

Valuation

$0000 

Last Raised

$16.5M | 8 mos ago

Mosaic Score

+20 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Hyperproof

HyperProof develops a compliance solution designed for simplicity. The solution works alongside end user applications such as Outlook and Gmail to Slack, Trello and more.

Hyperproof Headquarter Location

113 Cherry St PMB 78059

Seattle, Washington, 98104,

United States

669-235-9136

Hyperproof's Product Videos

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Hyperproof's Products & Differentiation

See Hyperproof's products and how their products differentiate from alternatives and competitors

  • Hyperproof Compliance Operations

    An end-to-end SaaS solution for understanding compliance requirements, managing internal controls, defining your ideal compliance/audit processes and workflows, automating manual tasks, and monitoring/reporting on your compliance posture. Hyperproof's Compliance Operations software is built for everyone, not just compliance professionals.

    Differentiation

    It's easy to get started with, very intuitive to use, flexible enough to grow with a company, including being able to support all kinds of different regulatory frameworks (e.g. customers can import … 

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

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    Differentiation

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Research containing Hyperproof

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Hyperproof in 3 CB Insights research briefs, most recently on Nov 11, 2021.

Expert Collections containing Hyperproof

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Hyperproof is included in 1 Expert Collection, including Regtech.

R

Regtech

1,341 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements in FIs. Regulatory technology helps FIs and regulators address challenges ranging from traditional compliance and risk management to data reporting and transmission.

Hyperproof Patents

Hyperproof has filed 2 patents.

The 3 most popular patent topics include:

  • Data management
  • Information technology management
  • Standards
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/10/2019

7/28/2020

Data management, Workflow technology, Information technology management, JSON, Standards

Grant

Application Date

6/10/2019

Grant Date

7/28/2020

Title

Related Topics

Data management, Workflow technology, Information technology management, JSON, Standards

Status

Grant

Latest Hyperproof News

Hyperproof Removes Control Management Barriers with Automated Controls Monitoring and Testing

Jun 8, 2022

News provided by Share this article Share this article BELLEVUE, Wash., June 8, 2022 /PRNewswire/ -- Hyperproof, a pioneer in SaaS based Compliance and Security operations, announced today that it will be adding new Continuous Controls Monitoring  (CCM) functionality to its platform. With Hyperproof's CCM functionality, compliance professionals will be able configure Hyperproof to automatically and continuously monitor, test, and validate the effectiveness of controls designed to mitigate a wide range of risks. In the modern digital environment, data security and product reliability have become essential ingredients for building trust with one's customers. As a company matures and expands into new markets, their executives, customers, and partners expect a greater level of assurance on matters of security and compliance. This assurance can only be achieved when a compliance team is able to execute rigorous controls testing and remediate issues right away. Automatically and continuously monitor, test, and validate the effectiveness of controls designed to mitigate risks. Yet, testing controls consistently and thoroughly is a tall order for most organizations because they don't have the tools to manage all controls in a consistent manner and easily collect evidence for testing. Compliance professionals try to do their best with the few resources they have. This ad-hoc approach to control testing leaves room for gaps, error, and neglect, which can lead to costly problems for an organization. By setting up continuous controls monitoring in Hyperproof, compliance professionals can expect to eliminate unnecessary manual control testing work. They will gain insights into the operating effectiveness of controls in real-time and have exactly the data they need to be able to hold colleagues who manage key systems and business processes accountable for mitigating the associated risks. "As someone who has to manage multiple work streams across both the compliance and security functions, I view technology as critical in helping me reduce routine work and make time to focus on the more strategic items. By setting up automated control tests in Hyperproof, I can worry less about those controls and focus my time on managing critical controls," says Tony Dell'Ario, Senior Compliance Manager at Highspot. Furthermore, when an organization's controls and enterprise risks are centrally documented, managed, and monitored on a continuous basis within Hyperproof, senior executives and board members can have a higher level of assurance that their team is actively managing the critical risks facing the company. After initial setup, Hyperproof will be able to automate all components of control testing, including gathering the evidence or compliance artifacts, initiating testing, generating results, and triggering follow-on tasks and alerts. In Hyperproof, one can configure a control to automatically update its health status based on a test result. Controls can also be linked to risks in Hyperproof's risk register and the software can automatically update the actual risk level of a risk scenario based on the health status of a control. "While we're excited to be able to release our Continuous Controls Monitoring (CCM) capability at this time, we don't see this as the finish line. It's just the latest step of a multi-year journey we're on to solve pervasive challenges in the assurance space for our customers. Over the coming months, we will continue to enhance our CCM capability and make new types of automated control tests available to our customers," says Craig Unger, CEO of Hyperproof. Hyperproof's CCM capability is built upon several existing innovations the company delivered in 2021 and earlier in 2022, namely (1) Hypersyncs – or third-party data connectors for automating evidence collection, (2) Smart Tasks that can be automatically triggered and assigned to individuals based on compliance events, and (3) built-in reports and dashboards. More details on Hyperproof's CCM capability: https://hyperproof.io/continuous-controls-monitoring/ About Hyperproof Hyperproof is a software company focused on creating revolutionary software that brings trust to life. To date, Hyperproof has delivered an innovative SaaS compliance operations platform that empowers compliance, risk, and security teams to stay on top of all compliance work and manage organizational risks (including vendor risks) on a continuous basis. Hyperproof has disrupted the GRC space by tackling a pressing problem ignored by others: helping compliance pros gain control over and effectively manage their ever-growing workload. Hyperproof is used by market leaders in security tech, enterprise software, fintech, healthcare tech, and communications tech. To learn more about Hyperproof, visit https://hyperproof.io Media Contact:

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  • When was Hyperproof founded?

    Hyperproof was founded in 2018.

  • Where is Hyperproof's headquarters?

    Hyperproof's headquarters is located at 113 Cherry St, Seattle.

  • What is Hyperproof's latest funding round?

    Hyperproof's latest funding round is Series A.

  • How much did Hyperproof raise?

    Hyperproof raised a total of $26.75M.

  • Who are the investors of Hyperproof?

    Investors of Hyperproof include Toba Capital and Paycheck Protection Program.

  • Who are Hyperproof's competitors?

    Competitors of Hyperproof include Vanta and 5 more.

  • What products does Hyperproof offer?

    Hyperproof's products include Hyperproof Compliance Operations and 2 more.

  • Who are Hyperproof's customers?

    Customers of Hyperproof include Outreach , Clarifire and Omnistruct.

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