LogicGate (formerly Capria Solutions)
| Private | |
| ISIN | 🆔 |
| Industry | Computer software Governance, risk management, and compliance |
| Founded 📆 | 2015 |
| Founder 👔 | |
| Headquarters 🏙️ | , Chicago, Illinois , United States |
Area served 🗺️ | |
Key people | Matt Kunkel (Co-founder, CEO) Jon Siegler (Co-founder, CPO) Dan Campbell (Co-founder,CTO) Karry Kleeman (CRO) Kevin Jacobson (CFO)[1] |
| Members | |
Number of employees | 60+ |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
LogicGate is a technology company that provides cloud-based governance, risk management, and compliance (GRC) solutions for organizations. The start-up company has its headquarters in Chicago, Illinois. The company serves businesses in fields spanning financial services, health care, technology and other highly regulated sectors.[2][3]
History and major developments[edit]
LogicGate, Inc. (formerly Capria Solutions) was founded by Matt Kunkel, Dan Campbell, and Jon Siegler in 2015. Prior to LogicGate, all three were consultants at Navigant Consulting.[4][5] LogicGate became a member of Techstars in 2016. Coming out of the program, LogicGate closed on a $1.9M seed round of fundraising in November of 2016.[6][7]
In July, 2018, LogicGate raised $7.5 Million in Series A to Automate Risk and Compliance. Jump Capital led the funding, with participation from investors including High Alpha.[8][9]
In 2019, LogicGate was listed by the Newsweek as a hi-tech company providing Compliance Management Software along with IBM, Oracle and VMware.[10]
Operations[edit]
LogicGate is headquartered in Chicago, Illinois In December 2018, LogicGate moved into a new River North office as the company continued to grow its risk and compliance automation software. The startup plans to be at 80 full-time workers by the end of 2019.[11][12]
LogicGate's software is used by organizations of all sizes for their governance, risk, and compliance (GRC) processes through a cloud-based platform. The company's agile process automation platform includes a library of configurable process apps built specifically for organizations to operationalize their governance, risk, and compliance programs. The software focuses on centralizing and integrating key functional areas including, risk management, auditing, governance and compliance reporting as well as specific areas of policy, process, training, vendor, and vulnerability management.[13] LogicGate had partners across the United States in 2019.
Services[edit]
- Enterprise Risk Management
- IT Security Risk Management
- Third-Party Risk
- Policy Management
- Compliance Management
- Incident Management
- GDPR Compliance
- Audit and Controls Management
- Business Continuity Management
References[edit]
- ↑ “LogicGate team”
- ↑ “Wall Street Journal:"LogicGate Nets $7.5 Million Series A to Automate Risk and Compliance (24 July, 2018) ”
- ↑ “Bloomberg:" LogicGate Inc.”
- ↑ “LogicGate Profile”
- ↑ “Builtin:"57 UP AND COMING TECH COMPANIES YOU SHOULD KNOW ”
- ↑ Griffith, Erin (December 2, 2016). "Finance Term Sheet". Fortune. Retrieved 7 July 2019.
- ↑ Ghosh, Studipto (March 12, 2019). "AiThority Interview Series with Matt Kunkel, Co-Founder and CEO at LogicGate". AI Authority. Retrieved 9 July 2019.
- ↑ Dallke, Jim (July 24, 2018). "AmericanInno". Retrieved 7 July 2019.
- ↑ Wilkins, Pete; Angels, Hyde Park (November 29, 2018). "5 startup trends that shaped the Midwest in 2018". Venture Beat. Retrieved 9 July 2019.
- ↑ “Newsweek:"Best Business Tools 2019”
- ↑ Dallke, Jim (January 28, 2019). "Office Envy: Inside LogicGate's new River North HQ". Chicago Business Journal. Retrieved 7 July 2019.
- ↑ “TMC News:"LogicGate Announces Record Revenue Growth, Adds CFO and CRO to Executive Team (January 10, 2019)”
- ↑ Umathe, Shruti (February 1, 2019). "LogicGate's Agile GRC Platform Enables Dashboard Reports for Visual Analysis of Risk and Compliance". IT ToolBox. Retrieved 7 July 2019.
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