Press Release
San Jose, September 30, 2024 – MetricStream, the global market leader in Governance, Risk, and Compliance (GRC), announced today it has finalized an agreement with Blue Torch Capital to secure additional funding to further accelerate its robust corporate and product strategy, strong execution, and market potential.
“We are excited to embark on the next phase of global growth and industry leadership” said Gaurav Kapoor, CEO and Co-Founder, of MetricStream. Mr. Kapoor relayed that “as the interconnected risk and regulatory landscape continues to evolve, organizations are increasingly adopting Connected GRC powered by Cognitive, Continuous and Cloud to drive performance through faster, risk-based strategic decisions and investments”.
Traditionally, organizations have managed enterprise risk, operational risk, IT and cyber risk, third-party risk, compliance, audit, and operational resilience programs using siloed, manual processes and disconnected legacy tools. MetricStream’s deep domain expertise, GRC best practice-based products, and unified low-code/no-code strategy enables organizations to adopt a connected GRC approach. This strategy fosters critical collaboration across risk, compliance, audit, information security, cyber risk, and sustainability teams, ensuring seamless adoption and empowering users to make fast, intelligent decisions.