EveryDev.ai
Subscribe
Home
Developers

3,669+ AI companies

  • Radar
  • Trending
AI Tools by Topic
  • AI Coding Assistants
  • Agent Frameworks
  • MCP Servers
  • AI Prompt Tools
  • Vibe Coding Tools
  • AI Design Tools
  • AI Database Tools
  • AI Website Builders
  • AI Testing Tools
  • LLM Evaluations
Follow Us
  • X / Twitter
  • LinkedIn
  • Reddit
  • Discord
  • Threads
  • Bluesky
  • Mastodon
  • YouTube
  • GitHub
  • Instagram
Get Started
  • Users
  • Rate Tools
  • About
  • Editorial Standards
  • Corrections & Disclosures
  • Community Guidelines
  • Advertise
  • Contact Us
  • Newsletter
  • Submit a Tool
  • Start a Discussion
  • Write A Blog
  • Share A Build
  • Terms of Service
  • Privacy Policy
Explore with AI
  • ChatGPT
  • Gemini
  • Claude
  • Grok
  • Perplexity
Agent Experience
  • llms.txt
Theme
With AI, Everyone is a Dev. EveryDev.ai © 2026
    1. Home
    2. Developers
    3. Optro, Inc.

    Optro, Inc.

    Optro (formerly AuditBoard) provides an AI-powered GRC system of action that unifies audit, risk, information security, compliance, controls and AI governance. Its stated mission is to redefine GRC through a single, AI-powered system of action and help enterprises turn risk intelligence into opportunity.

    Visit Website

    At a Glance

    1Tool Listed
    11Products
    9Capabilities
    Discussions
    Los Angeles, CaliforniaHeadquarters
    2014Est.
    800Employees
    $3BRaised
    Focus Areas
    Compliance and Governance
    Compliance Tools
    Data Governance
    Latest News
    Enterprise SaaS leader Tim Daniels joined Optro as Chief Financial Officer.Sep 14, 2026
    Optro launched Partner Connect to expand its global GRC ecosystem.Jul 14, 2026
    Markets
    • Large enterprises and public companies
    • Fortune 500 organizations
    • Pre-IPO and high-growth companies
    • Internal audit, risk, compliance, infosec, legal, finance and IT teams
    • +2 more

    AI Tools by Optro, Inc.

    (1)
    View Optro (formerly AuditBoard)
    Optro (formerly AuditBoard) tool icon

    Optro (formerly AuditBoard)

    AI GRC Platform for Audit Teams

    Compliance & GovCompliance ToolsData Governance

    Discussions

    No discussions yet

    Be the first to start a discussion about Optro, Inc.

    Latest News

    09/14/2026

    Enterprise SaaS leader Tim Daniels joined Optro as Chief Financial Officer.

    prnewswire.com
    07/14/2026

    Optro launched Partner Connect to expand its global GRC ecosystem.

    optro.ai
    05/19/2026

    Optro and EY US launched a joint RegComply regulatory-change-management offering.

    optro.ai
    05/06/2026

    Optro announced the acquisition of AI-native SOX automation company Midship and planned to integrate it into Controls Management.

    optro.ai

    Products & Services

    11
    Optro GRC Intelligence Platform / system of action
    2026 (Optro brand); platform roots date to 2014

    Connected enterprise platform unifying audit, risk, infosec, compliance, controls, reporting and AI governance on a shared data model.

    Controls Management
    Available before 2026; expanded with Midship integration in 2026

    Central control repository with workflow automation, self-assessments, testing and cross-framework control management.

    Optro AI
    Available before 2026

    GRC-specific AI for drafting, intelligent recommendations, evidence management, control testing, audit planning, fieldwork, continuous auditing and human-reviewed outputs.

    Autonomous Testing
    2026

    Agentic/autonomous testing capabilities intended to automate high-volume control and SOX testing while retaining governed human oversight.

    Market Position

    Optro positions itself as an AI-native, practitioner-built GRC system of action rather than a collection of disconnected legacy systems of record. Its differentiation is a unified risk/control data core, connected audit-risk-compliance workflows, governed human-in-the-loop AI, autonomous testing and AI governance. It competes with enterprise GRC and audit platforms such as ServiceNow GRC, RSA Archer, MetricStream, Diligent, Workiva, LogicGate and OneTrust, with its strongest positioning in connected GRC, internal audit, controls and emerging AI governance.

    Leadership

    Founders

    DK

    Daniel Kim

    Co-founder; a former PricewaterhouseCoopers (PwC) auditor and internal-audit practitioner. He previously served as AuditBoard CEO and product leader and is identified in company and Crunchbase materials as a co-chair of the board/senior advisor.

    JL

    Jay Lee

    Co-founder; a former Ernst & Young (EY) auditor and CPA. He previously served as AuditBoard president and head of business.

    Executive Team

    RV

    Raul Villar Jr.

    Chief Executive Officer

    Joined Optro after serving as CEO of Paycor, a human-capital-management software company; became CEO in 2025.

    JS

    Jim Sperduto

    Chief Growth Officer

    Current executive listed by Optro.

    Board of Directors

    RC
    Richard Chambers
    Senior/Strategic Advisor, Risk & Audit
    DK
    Daniel Kim
    Co-founder, Co-chair of the Board and Senior Advisor

    Founding Story

    Daniel Kim and Jay Lee, former internal auditors who experienced the daily burden of manual, disconnected SOX and audit processes, started the company in 2014 as SOXHUB to modernize Sarbanes-Oxley compliance. It rebranded as AuditBoard in 2017 as the product expanded into internal audit and risk management, and became Optro in 2026 to reflect its broader GRC and AI system-of-action vision.

    Business Model

    Revenue
    More than $300 million ARR (company AI information page); the acquisition announcement reported more than $200 million ARR in late 2023.

    Revenue Model

    Enterprise B2B SaaS subscriptions for the GRC platform and modules, sold through tailored plans and supported by implementation, success and services. Pricing is quote-based and delivered through demos rather than public per-seat rates; the pricing page advertises unlimited stakeholder licenses and no fees for additional licenses.

    Pricing Tiers

    Custom enterprise plans
    Contact sales

    Flexible plans aligned to business needs, with unlimited stakeholder licenses and optional Optro Success and Services.

    Privately held after Hg’s 2024 acquisition; no current IPO announcement or plan was found.

    Target Markets

    Industries & Segments
    • Large enterprises and public companies
    • Fortune 500 organizations
    • Pre-IPO and high-growth companies
    • Internal audit, risk, compliance, infosec, legal, finance and IT teams
    • Organizations deploying AI that need governance and regulatory readiness
    • Industries including financial services, healthcare, technology, retail, manufacturing and public sector
    Use Cases
    • Internal audit and risk-based audit planning
    • SOX and internal-controls management and testing
    • Enterprise risk management and operational risk monitoring
    • IT, cyber and information-security risk
    • Regulatory compliance and change management
    • Third-party risk and vendor assessments
    Notable Customers
    • PetSmart
    • Lennar Homes
    • Marmon Holdings
    • Population Services International

    Quick Facts

    Headquarters
    Los Angeles, California, United States
    Founded
    2014
    Entity Type
    Inc.
    Employees
    800
    Total Funding
    Acquired by Hg in 2024 in a transaction valued at more than $3 billion; no separate cumulative venture-funding total was verified.
    Investors
    Hg, Battery Ventures
    Office Locations
    Wilmington
    San Francisco
    Singapore

    Funding History

    Acquisition / private-equity transactionMore than $3 billion transaction value
    May 23, 2024 (announced; closed later in 2024)
    More than $3 billion valuation
    Hg

    History & Milestones

    March 9, 2026

    AuditBoard officially rebranded as Optro, positioning the company around an AI-powered GRC system of action.

    May 6, 2026

    Announced acquisition of Midship, an AI-native SOX automation company; Midship’s technology was to be integrated into Controls Management.

    July 14, 2026

    Formally launched Optro Partner Connect to expand its global GRC partner ecosystem.

    September 14, 2026

    Appointed Tim Daniels as Chief Financial Officer.

    October 22, 2025

    Announced acquisition of FairNow, a purpose-built AI governance platform, to expand AI governance capabilities.

    Key Capabilities

    9
    Unified data model connecting risks, controls, policies, frameworks, findings and business objectives
    AI-assisted drafting, mapping, recommendations, evidence collection and questionnaire completion
    Autonomous/continuous controls testing and monitoring
    Human-in-the-loop governance, configurable oversight and complete audit trails
    Internal-audit planning, resource allocation, sampling, fieldwork, reporting and continuous auditing
    Enterprise and cyber-risk management with KRIs, alerts, quantitative analysis and scenario analysis

    Integrations & Partnerships

    Platform Integrations

    • AWS
    • Microsoft Azure and Azure DevOps
    • Jira and ServiceNow
    • Snowflake
    • Microsoft Teams and Slack
    • Google Drive and Microsoft Office
    • Power BI, Tableau and AWS QuickSight
    • Oracle NetSuite, Workday and Paylocity

    Key Partnerships

    Hg (ownership and growth partner)
    EY US (joint RegComply regulatory-change-management offering, 2026)
    Crowe (Optro Partner Connect and GRC services ecosystem)

    Connect

    Website
    optro.ai

    AI Topics

    3

    Optro, Inc. focuses on these topics:

    Compliance and Governance(1)
    Compliance Tools(1)
    Data Governance(1)
    Back to all developersSuggest an edit