LogicGate Risk Cloud

Name: LogicGate Risk Cloud
Brand: LOGICATE
SKU: 68499ae49d143c5128b08cb1
Rating: 4.7 (84 reviews)

Overview of LogicGate Risk Cloud Software Company

LogicGate is a Chicago-based software company specializing in Governance, Risk, and Compliance (GRC) solutions. Its flagship product, Risk Cloud®, is a no-code, cloud-native platform designed to help organizations manage risk, compliance, and audit processes with agility and automation.

Founding and Growth

Founded: 2015
Founders: Matt Kunkel, Jon Siegler, and Dan Campbell former GRC consultants who were frustrated with rigid, off-the-shelf risk tools.
Mission: To transform risk into a strategic advantage by making GRC software more intuitive, flexible, and scalable.

Funding and Valuation

Funding Rounds:
- Seed: $1.91M (2016)
- Series A: 2018
- Series B: 2019
- Series C: July 2021
- Secondary Transaction: November 2021
Investors: Includes Jump Capital, High Alpha, Greenspring Associates, and PSG.

Product Offerings and Features

Risk Cloud® includes over 40 purpose-built applications for:

Enterprise Risk Management
Third-Party Risk
IT & Cyber Risk
Compliance Management
Internal Audit
Policy Management
Incident Management

Key Features:

No-Code Workflow Builder
Graph Database Architecture
Spark AI (AI-powered automation and content generation)
Risk Cloud Quantify® (Monte Carlo simulations and Open FAIR™ modeling)
Real-Time Dashboards & Reporting
Automated Evidence Collection
Role-Based Access Control
API Integrations with Jira, Slack, ServiceNow, and more.

Acquisitions and Product Expansion

LogicGate has expanded its platform significantly through internal innovation, especially with the launch of:

Spark AI (2023–2024)
Risk Cloud Quantify®
New integrations and API enhancements

LogicGate Risk Cloud AI and New Features

Recent updates have included:

AI-powered record linking and control mapping
Retrieval-Augmented Generation (RAG) for contextual content generation
Enhanced API capabilities
Improved user interface and dashboard customization
Expanded compliance frameworks and templates

Company Culture and Values

Recent updates have included:

AI-powered record linking and control mapping
Retrieval-Augmented Generation (RAG) for contextual content generation
Enhanced API capabilities
Improved user interface and dashboard customization
Expanded compliance frameworks and templates

User Base and Community

Customer Base: Includes mid-sized to large enterprises across industries like finance, healthcare, tech, and manufacturing.
Global Reach: While headquartered in the U.S., LogicGate serves customers worldwide, including through partners like Proxis in the Middle East.
Community: Maintains an active user community called “The Risk Crowd”, offering peer support, best practices, and product feedback loops

LogicGate Risk Cloud

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