What is MetricStream?
MetricStream is recognized globally as a leader in providing Integrated Risk Management and Governance, Risk Management, and Compliance (GRC) solutions. The company empowers organizations to make risk-aware decisions, thereby accelerating growth. Its core offerings, including BusinessGRC, CyberGRC, and ESGRC, are built on a unified, scalable platform designed to support organizations at any stage of their GRC journey. With headquarters in San Jose, California, and a significant operations and R&D center in Bangalore, India, MetricStream maintains a global presence to serve its diverse clientele.
How much funding has MetricStream raised?
MetricStream has raised a total of $375.4M across 9 funding rounds:
Unspecified
$14.1M
Debt
$2.5M
Unspecified
$48.5M
Multiple Rounds
$180M
Multiple Rounds
$130.3M
Unspecified (2006): $14.1M with participation from Advanced Equities and Vision Capital Advisors
Debt (2009): $2.5M led by GoldHill Capital and Montage Capital
Unspecified (2013): $48.5M, investors not publicly disclosed
Series D (2014): $60M featuring Goldman Sachs, Kaiser Permanente Ventures, and Sageview Capital
Series C (2014): $60M backed by Goldman Sachs and Sageview Capital
Series A (2014): $60M with participation from Sageview Capital, Kaiser Permanente Ventures, and Goldman Sachs
Private Equity (2017): $40.4M, investors not publicly disclosed
Private Equity (2017): $25M, investors not publicly disclosed
Private Equity (2017): $65M featuring Goldman Sachs, Sageview Capital, EDB Investments Pte. Ltd., and Clearlake Capital Group
Key Investors in MetricStream
Goldman Sachs
Goldman Sachs is a leading global investment banking firm that provides a wide range of financial services, including strategic advisory and capital markets access, to corporations and institutions worldwide.
Kaiser Permanente Ventures
Kaiser Permanente Ventures is a national leader in strategic venture investing within the healthcare sector, focusing on advancing healthcare innovation and partnering with entrepreneurs to build promising solutions.
Clearlake Capital Group
Clearlake Capital Group is a global investment firm specializing in private equity, credit, and related strategies, known for its active, hands-on approach to value creation in technology, industrial, and consumer sectors.
What's next for MetricStream?
The substantial enterprise-level funding and recent strategic investment indicate MetricStream is in a scaling phase, likely focusing on expanding its market reach and enhancing its technological capabilities. The company's emphasis on a single, scalable platform for GRC solutions positions it to capitalize on the increasing demand for integrated risk management across various industries. Future developments may involve further platform enhancements, strategic partnerships, and global market penetration to solidify its leadership in the GRC software domain.
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