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The Founder's Handbook

Top 43 Risk Management Startups in 2024

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Have you ever wondered who is on the list of Risk Management companies with the highest growth rates?

You’re not alone.

There are hundreds of companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 43 fast-growing Risk Management startups that have top-tier venture capital funding.


43 Risk Management Startups

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1) EcoVadis

EcoVadis

EcoVadis is a collaborative platform that allows businesses to evaluate their suppliers' environmental and social performance.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2007
  • Founders: Frederic Trinel, Pierre Francois Thaler
  • Number of employees: 501-1000
  • Funding: $235,786,060
  • Funding rounds: 6
  • Number of investors: 4 (CVC Capital Partners, Partech, Sebastien Breteau, Zobito)

You can find their website here.

2) CybelAngel

CybelAngel

CybelAngel is a digital risk management platform that delivers actionable threat intelligence to businesses.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2013
  • Founders: Erwan Keraudy, Matthieu Finiasz, Stevan Keraudy
  • Number of employees: 101-250
  • Funding: $51,700,000
  • Funding rounds: 4
  • Number of investors: 10 (Bpifrance, Serena, Prime Ventures, Olivier Pomel, TempoCap)

You can find their website here.

3) SAI Global

SAI Global

SAI Global is a globally renowned leader in integrated risk management, assurance, and property services.

Details of the startup:

  • Country: Australia
  • State: New South Wales
  • City: Sydney
  • Started in: 2003
  • Number of employees: 1001-5000
  • Funding: A$160,000,000
  • Funding rounds: 2
  • Number of investors: 2 (Partners Group, Silverfern Group)

You can find their website here.

4) EclecticIQ

EclecticIQ

EclecticIQ is a threat intelligence, hunting, and response technology company based in the United States.

Details of the startup:

  • Country: The Netherlands
  • State: Noord-Holland
  • City: Amsterdam
  • Started in: 2014
  • Founders: Joep Gommers, Raymon van der Velde
  • Number of employees: 101-250
  • Funding: € 67,355,000
  • Funding rounds: 7
  • Number of investors: 9 (INKEF Capital, Ace Capital Partners, Invest-NL, Capricorn Partners, Arches Capital)

You can find their website here.

5) Paytron

Paytron

Paytron is a modern transaction account that includes integrated AP and AR.

Details of the startup:

  • Country: Australia
  • State: New South Wales
  • City: Sydney
  • Started in: 2020
  • Founders: Francois Henrion, Jaco Veldsman
  • Number of employees: 11-50
  • Funding: A$4,350,000
  • Funding rounds: 2
  • Number of investors: 2 (Carthona Capital, Picus Capital)

You can find their website here.

6) Resolver

Resolver

Organizations can use Resolver to reduce the frequency and severity of bad events.

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Toronto
  • Started in: 2000
  • Founders: Steve Taylor
  • Number of employees: 251-500
  • Funding: $36,195,053
  • Funding rounds: 2
  • Number of investors: 1 (Klass Capital)

You can find their website here.

7) FRISS

FRISS

Friss is a P&C insurer's analytics software supplier for fraud, risk, and compliance.

Details of the startup:

  • Country: The Netherlands
  • State: Utrecht
  • City: Utrecht
  • Started in: 2006
  • Founders: Christian van Leeuwen, Jeroen Morrenhof
  • Number of employees: 101-250
  • Funding: € 15,000,000
  • Funding rounds: 1
  • Number of investors: 2 (BlackFin Capital Partners, Aquiline Technology Growth)

You can find their website here.

8) SHIELD

SHIELD

SHIELD is a risk intelligence business that focuses on mobile devices. By preventing fraud and abuse, we help world-class companies build trust and safety.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2008
  • Founders: Irene Brime, Justin Lie
  • Number of employees: 51-100
  • Funding: $25,500,000
  • Funding rounds: 2
  • Number of investors: 5 (GGV Capital, Temasek Holdings, Wavemaker Partners, Tao Zhang, Tony Fadell)

You can find their website here.

9) Omni Latam

Omni Latam

Omni Latam is a Latin American financial technology (fintech) platform that provides digital financial solutions.

Details of the startup:

  • Country: Colombia
  • State: Distrito Especial
  • City: Bogotá
  • Started in: 2018
  • Founders: Andrés Abumohor, Charlie A Cliff, Diego Caicedo
  • Number of employees: 101-250
  • Funding: $201,650,000
  • Funding rounds: 4
  • Number of investors: 2 (Magma Partners, BTG Pactual)

You can find their website here.

10) Omada

Omada

Solutions and Services for Identity Management and Access Governance

Details of the startup:

  • Country: Denmark
  • State: Hovedstaden
  • City: Copenhagen
  • Started in: 1999
  • Founders: Morten Sigurdsson
  • Number of employees: 101-250
  • Funding: £21,700,000
  • Funding rounds: 3
  • Number of investors: 9 (CVC Capital Partners, Rock Health, Bayerische Motoren Werke, C5 Capital, Maersk)

You can find their website here.

11) CAMMS

CAMMS

CAMMS provides a wide range of solutions that are well-suited for businesses that require a comprehensive CPM strategy.

Details of the startup:

  • Country: Australia
  • State: South Australia
  • City: Adelaide
  • Started in: 1996
  • Number of employees: 101-250
  • Funding: A$18,000,000
  • Funding rounds: 1
  • Number of investors: 1 (Ellerston Capital)

You can find their website here.

12) Elements Global Services

Elements Global Services

Elements Global Services is a record-keeping employer and a tech-enabled services firm.

Details of the startup:

  • Country: Spain
  • State: Catalonia
  • City: Barcelona
  • Started in: 2013
  • Founders: Richard Hammell
  • Number of employees: 51-100
  • Funding: $20,000,000
  • Funding rounds: 1
  • Number of investors: 1 (Guidepost Growth Equity)

You can find their website here.

13) Nimble

Nimble

Nimble offers loans ranging from $300 to $5,000 in minutes through an easy online/mobile application.

Details of the startup:

  • Country: Australia
  • State: Queensland
  • City: Southport
  • Started in: 2005
  • Founders: Greg Ellis, Sean Teahan
  • Number of employees: 101-250
  • Funding: $18,300,000
  • Funding rounds: 2
  • Number of investors: 3 (Christian Faes, Damien Waller, Les Webb)

You can find their website here.

14) Qontigo

Qontigo

Qontigo is a pioneer in financial intelligence, specializing in the modernization of investment management, from risk to return.

Details of the startup:

  • Country: Germany
  • State: Hessen
  • City: Eschborn
  • Number of employees: 251-500
  • Funding: $720,000,000
  • Funding rounds: 1
  • Number of investors: 1 (General Atlantic)

You can find their website here.

15) Elucidate

Elucidate

Elucidate is the only regulated, worldwide standard for calculating and assessing the risk of financial crime.

Details of the startup:

  • Country: Germany
  • State: Berlin
  • City: Berlin
  • Started in: 2018
  • Founders: Filipe Garcia, Shane Riedel
  • Number of employees: 11-50
  • Funding: € 5,700,000
  • Funding rounds: 3
  • Number of investors: 7 (SixThirty, APEX Ventures, 11.2 Capital, Seed X Liechtenstein, Frontline Ventures)

You can find their website here.

16) 6clicks

6clicks

Your full Risk & Compliance Operating System, featuring a world-first AI engine and an award-winning mobile app.

Details of the startup:

  • Country: Australia
  • State: Victoria
  • City: Melbourne
  • Started in: 2019
  • Founders: Andrew Robinson, Andrew Robinson, Anthony Stevens, Louis Strauss
  • Number of employees: 11-50
  • Funding: A$7,950,000
  • Funding rounds: 4

You can find their website here.

17) Descartes Underwriting

Descartes Underwriting

Descartes Underwriting is a data-driven risk transfer organization that specializes in climate risk modeling.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Puteaux
  • Started in: 2019
  • Founders: Sebastien Piguet, Tanguy Touffut
  • Number of employees: 11-50
  • Funding: $20,773,212
  • Funding rounds: 2
  • Number of investors: 3 (Cathay Innovation, Serena, BlackFin Capital Partners)

You can find their website here.

18) Signzy

Signzy

Signzy is an AI-powered fintech business that provides banks, NBFCs, and other financial institutions with a digital onboarding solution.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2015
  • Founders: Ankit Ratan, Ankur Pandey, Arpit Ratan
  • Number of employees: 101-250
  • Funding: $12,600,000
  • Funding rounds: 6
  • Number of investors: 12 (Mastercard, Vertex Ventures, Kalaari Capital, Stellaris Venture Partners, Amrish Rau)

You can find their website here.

19) Kaleidofin

Kaleidofin

Kaleidofin is a fintech platform that offers entire financial solutions to individuals and households who are financially disadvantaged.

Details of the startup:

  • Country: India
  • State: Tamil Nadu
  • City: Chennai
  • Started in: 2017
  • Founders: Puneet Gupta, Sucharita Mukherjee
  • Number of employees: 101-250
  • Funding: $7,853,930
  • Funding rounds: 2
  • Number of investors: 6 (Flourish Ventures, Oikocredit International, Blume Ventures, Omidyar Network, Bharat Inclusion Seed Fund)

You can find their website here.

20) IceKredit

IceKredit

IceKredit Inc. is an AI firm dedicated to using AI-related technologies to assess the creditworthiness of individuals and small businesses.

Details of the startup:

  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2015
  • Founders: Lingyun Gu
  • Number of employees: 251-500
  • Funding: $163,200,000
  • Funding rounds: 8
  • Number of investors: 13 (InnoVen Capital, FREES FUND, Oriental Fortune Capital, Ally Capital, Yunqi Partners)

You can find their website here.

21) Huatai Insurance Group

Huatai Insurance Group

Huatai Insurance Group specializes on providing insurance and asset management services.

Details of the startup:

  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 1996
  • Number of employees: 1001-5000
  • Funding: $1,534,853,976
  • Funding rounds: 2
  • Number of investors: 1 (Chubb)

You can find their website here.

22) Bangsun Technology

Bangsun Technology

Hangzhou-based real-time financial risk management firm.

Details of the startup:

  • Country: China
  • State: Zhejiang
  • City: Hangzhou
  • Started in: 2010
  • Founders: Xinyu Wang
  • Number of employees: 251-500
  • Funding: $74,696,718
  • Funding rounds: 2
  • Number of investors: 4 (Legend Capital, VMS Asset Management, SDIC Venture Capital, Xinhu Holding)

You can find their website here.

23) Greenlight Guru

Greenlight Guru

The only quality management software platform built particularly for medical device companies is Greenlight Guru.

Details of the startup:

  • Country: United States
  • State: Indiana
  • City: Indianapolis
  • Started in: 2013
  • Founders: David DeRam, Jon Speer
  • Number of employees: 101-250
  • Funding: $121,250,000
  • Funding rounds: 2
  • Number of investors: 1 (JMI Equity)

You can find their website here.

24) OneTrust

OneTrust

OneTrust assists businesses in meeting privacy, security, and governance needs in a continuously changing regulatory environment.

Details of the startup:

  • Country: United States
  • State: Georgia
  • City: Atlanta
  • Started in: 2016
  • Founders: Kabir Barday
  • Number of employees: 1001-5000
  • Funding: $920,000,000
  • Funding rounds: 4
  • Number of investors: 5 (SoftBank Vision Fund, TCV, Insight Partners, Coatue, Franklin Templeton Investments)

You can find their website here.

25) Cyble

Cyble

Cyble is a cyber intelligence firm that provides darkweb and cybercrime monitoring and mitigation services to businesses.

Details of the startup:

  • Country: United States
  • State: Georgia
  • City: Atlanta
  • Started in: 2019
  • Founders: Beenu Arora, Manish Chachada
  • Number of employees: 51-100
  • Funding: $4,607,000
  • Funding rounds: 8
  • Number of investors: 8 (Y Combinator, Blackbird Ventures, Picus Capital, Singtel Innov8, January Capital)

You can find their website here.

26) MK Decision

MK Decision

MK Decision's objective is to assist community financial institutions in becoming more successful by increasing deposits and lending.

Details of the startup:

  • Country: United States
  • State: California
  • City: San Diego
  • Started in: 2015
  • Founders: Guru Dharam Khalsa, Har Rai Khalsa
  • Number of employees: 11-50
  • Funding: $1,079,000
  • Funding rounds: 2

You can find their website here.

27) Overhaul

Overhaul

Overhaul is a technology solution for supply chain integrity that uses visibility to detect and fix non-compliance in supply chains.

Details of the startup:

  • Country: United States
  • State: Texas
  • City: Austin
  • Started in: 2016
  • Founders: Barry Conlon, Robert Clarke
  • Number of employees: 51-100
  • Funding: $64,000,000
  • Funding rounds: 4
  • Number of investors: 4 (Edison Partners, Macquarie Capital, Avanta Ventures, Abbey International Finance)

You can find their website here.

28) Brinqa

Brinqa

Brinqa offers an integrated risk analytics platform for aggregating risk data to businesses and government agencies.

Details of the startup:

  • Country: United States
  • State: Texas
  • City: Austin
  • Started in: 2008
  • Founders: Amad Fida, Hilda Perez
  • Number of employees: 51-100
  • Funding: $110,000,000
  • Funding rounds: 1
  • Number of investors: 1 (Insight Partners)

You can find their website here.

29) Kyriba

Kyriba

Treasury departments can plan for market volatility, regulation, and opportunities with Kyriba's SaaS-based treasury solutions.

Details of the startup:

  • Country: United States
  • State: California
  • City: San Diego
  • Started in: 2000
  • Founders: Jean-Luc Robert
  • Number of employees: 501-1000
  • Funding: $152,500,000
  • Funding rounds: 11
  • Number of investors: 12 (HSBC, Bpifrance, Mitsubishi UFJ Capital, Upfront Ventures, Commerzbank)

You can find their website here.

30) BitSight

BitSight

BitSight is a software that uses a data-driven, outside-in method to rate a company's security efficacy on a daily basis.

Details of the startup:

  • Country: United States
  • State: Massachusetts
  • City: Boston
  • Started in: 2011
  • Founders: Nagarjuna Venna, Stephen Boyer
  • Number of employees: 251-500
  • Funding: $150,600,000
  • Funding rounds: 5
  • Number of investors: 13 (GGV Capital, Menlo Ventures, Liberty Global, National Science Foundation, Warburg Pincus)

You can find their website here.

31) Exterro

Exterro

Exterro is a software startup that specializes in work flow management.

Details of the startup:

  • Country: United States
  • State: Oregon
  • City: Portland
  • Started in: 2004
  • Founders: Bobby Balachandran
  • Number of employees: 101-250
  • Funding: $100,000,000
  • Funding rounds: 1
  • Number of investors: 1 (Leeds Equity Partners)

You can find their website here.

32) Interos

Interos

Interos is a new company that focuses on supply chain risk management (SCRM) solutions.

Details of the startup:

  • Country: United States
  • State: Virginia
  • City: Arlington
  • Started in: 2005
  • Founders: Jennifer Bisceglie
  • Number of employees: 101-250
  • Funding: $28,350,000
  • Funding rounds: 2
  • Number of investors: 2 (Venrock, Kleiner Perkins)

You can find their website here.

33) CyberGRX

CyberGRX

For its third-party cyber risk management program, CyberGRX offers a global cyber risk exchange.

Details of the startup:

  • Country: United States
  • State: Colorado
  • City: Denver
  • Started in: 2015
  • Founders: Fred Kneip
  • Number of employees: 101-250
  • Funding: $99,000,000
  • Funding rounds: 6
  • Number of investors: 14 (Bessemer Venture Partners, GV, ICONIQ Capital, Blackstone Group, Scale Venture Partners)

You can find their website here.

34) Marco

Marco

Marco is a tech-enabled trade financing platform that gives Latin American SMEs reliable access to working capital.

Details of the startup:

  • Country: United States
  • State: Florida
  • City: Miami
  • Started in: 2019
  • Founders: Jacob Shoihet, Peter Spradling
  • Number of employees: 1-10
  • Funding: $26,000,000
  • Funding rounds: 3
  • Number of investors: 3 (Antler, Struck Capital, Arcadia Funds)

You can find their website here.

35) Sedgwick Claims Management Services

Sedgwick Claims Management Services

Sedgwick is a company that specializes in technology-enabled claims and productivity management.

Details of the startup:

  • Country: United States
  • State: Tennessee
  • City: Memphis
  • Started in: 1969
  • Number of employees: 10001+
  • Funding: $501,781,043
  • Funding rounds: 3
  • Number of investors: 2 (Canada Pension Plan Investment Board, Caisse de Depot et Placement du Quebec)

You can find their website here.

36) Embroker

Embroker

Embroker assists growing businesses in saving time and obtaining the greatest value for their insurance needs.

Details of the startup:

  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2015
  • Founders: Matt Miller, Sean X Cummings, Yotam Shacham
  • Number of employees: 101-250
  • Funding: $142,400,000
  • Funding rounds: 4
  • Number of investors: 16 (Canaan Partners, 500 Startups, Gaingels, FTV Capital, Nyca Partners)

You can find their website here.

37) Cowbell Cyber

Cowbell Cyber

Cowbell Cyber offers continuous risk assessment and cyber insurance powered by AI.

Details of the startup:

  • Country: United States
  • State: California
  • City: Pleasanton
  • Started in: 2019
  • Founders: Jack Kudale, Prab Reddy, Rajeev Gupta, Trent Cooksley
  • Number of employees: 51-100
  • Funding: $23,600,000
  • Funding rounds: 2
  • Number of investors: 8 (Holmes Murphy & Associates, Avanta Ventures, Brewer Lane Ventures, Markel Corporation, ManchesterStory Group)

You can find their website here.

38) Riskified

Riskified

By making eCommerce secure, accessible, and frictionless, Riskified enables businesses to fulfill its full potential.

Details of the startup:

  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2012
  • Founders: Assaf Feldman, Eido Gal
  • Number of employees: 501-1000
  • Funding: $228,650,000
  • Funding rounds: 6
  • Number of investors: 17 (General Atlantic, Fidelity Management and Research Company, Phoenix Insurance Company, Entrée Capital, LocalGlobe)

You can find their website here.

39) SecurityScorecard

SecurityScorecard

SecurityScorecard is a cybersecurity tool that identifies and mitigates potential security threats.

Details of the startup:

  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2013
  • Founders: Aleksandr Yampolskiy, Sam Kassoumeh
  • Number of employees: 251-500
  • Funding: $292,200,000
  • Funding rounds: 7
  • Number of investors: 19 (Intel Capital, Sequoia Capital, GV, T. Rowe Price, Boldstart Ventures)

You can find their website here.

40) ComplySci

ComplySci

ComplySci is a technology company that specializes on compliance solutions.

Details of the startup:

  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2003
  • Founders: Michael D'Angelo, Mitchel Kraskin
  • Number of employees: 51-100
  • Funding: $131,249,992
  • Funding rounds: 4
  • Number of investors: 3 (Edison Partners, Vista Equity Partners, K1 Investment Management)

You can find their website here.

41) One Concern

One Concern

One Concern offers a resilience-as-a-service solution that assists customers in identifying, preparing for, and mitigating the risk of unforeseeable disasters.

Details of the startup:

  • Country: United States
  • State: California
  • City: Menlo Park
  • Started in: 2015
  • Founders: Ahmad Wani, Nicole Hu, Timothy Frank
  • Number of employees: 51-100
  • Funding: $119,160,000
  • Funding rounds: 5
  • Number of investors: 21 (New Enterprise Associates, Haystack, Pear VC, Western Technology Investment, Geodesic Capital)

You can find their website here.

42) Dataminr

Dataminr

Dataminr is working on an artificial intelligence platform for detecting real-time events and risks.

Details of the startup:

  • Country: United States
  • State: New York
  • City: New York
  • Started in: 2009
  • Founders: Jeff Kinsey, Sam Hendel, Theodore Bailey
  • Number of employees: 501-1000
  • Funding: $1,052,012,621
  • Funding rounds: 11
  • Number of investors: 43 (Alumni Ventures Group, FJ Labs, BoxGroup, Credit Suisse, Wellington Management)

You can find their website here.

43) Deloitte

Deloitte

Select clients receive audit, consultancy, financial advising, risk management, tax, and other relevant services from Deloitte.

Details of the startup:

  • Country: United States
  • State: New York
  • City: New York
  • Started in: 1845
  • Founders: Deepti Mohanty, Surjadinata Sumantri, William Welch Deloitte
  • Number of employees: 10001+

You can find their website here.

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