4CRisk

Analyst Coverage :

Alan Rodger

4CRisk, founded in 2020, is based in Redwood City CA and also has offices in Bengaluru, India for development teams. The majority of its senior leadership team worked together at MetricStream, a major GRC solution provider, earlier in their careers, and they all also have extensive experience with other leading technology companies or within GRC roles at large financial organisations.

The combined GRC and technical knowledge within the company has focused on conceiving and developing AI-based assets that boost efficiency and insight, when applied to specific risk management and compliance use cases. It takes its solutions to market via strategic partnerships with Accenture, KPMG, and PWC, hence reaching companies with significant risk/compliance workloads that are looking seriously towards investments in AI to transform efficiency.

4CRisk is on target to treble its annual recurring revenue (ARR) in 2024, with six customers using its solutions in production (and more deals in the pipeline). The initial customer base includes organisations from the mid-sized banking, technology, and telco sectors, all of which are subject to growing regulatory compliance burdens and need to know their IT and security practices meet high standards.