AuditBoard, Inc

AuditBoard, Inc. is a leading provider of cloud-based audit, risk, and compliance management solutions, founded in 2014 by former PwC and EY auditors Daniel Kim and Jay Lee.

Headquartered in Cerritos, California, the company has grown to serve over 2,000 customers, including more than 50% of the Fortune 500.

Product Offerings

The company's flagship product is its connected risk platform, which integrates various tools to streamline audit, risk, and compliance processes.

Key offerings include:

• Audit & Controls Management: Facilitates risk-based auditing and Sarbanes-Oxley (SOX) assurance, enabling organizations to manage internal controls and audit workflows efficiently.
• IT Risk & Compliance: Automates IT risk and compliance management processes, helping businesses address cybersecurity threats and regulatory requirements effectively.
• Risk Management: Provides tools to visualize and manage organizational risks, allowing companies to proactively identify and mitigate potential issues.
• ESG Management: Simplifies environmental, social, and governance (ESG) program management, ensuring audit-ready data and supporting sustainability initiatives.

Acquisition

In May 2024, AuditBoard was acquired by the European private equity firm Hg for over $3 billion, highlighting the company's significant impact in the audit and risk management sector.

Locations

The company operates primarily from its headquarters in Cerritos, California.

It also maintains an office in Los Angeles, CA, USA.