About 123Compliance
123Compliance is a company based in Santa Barbara (United States) founded in 2012 was acquired by Sparta Systems in January 2016.. 123Compliance operates in a competitive market with competitors including Qualio, Legit, Dot Compliance, Greenlight Guru and Sparta Systems, among others.
- Headquarter Santa Barbara, United States
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$150 K (USD), Debt – Venture
Apr 10, 2015
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Investors
Lighter Capital
& 1 more
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Employee Count
Employee Count
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Acquired by
Sparta Systems
(Jan 20, 2016)
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Funding Insights of 123Compliance
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Venture — $150,000
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First Round
First Round
(10 Apr 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Debt – Venture - 123Compliance | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 123Compliance
123Compliance has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Lighter Capital and Sparta Systems. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Revenue-based financing is provided to businesses via an online platform.
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Founded Year | Domain | Location | |
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Cloud-based quality management software is offered for organizational processes.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 123Compliance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 123Compliance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
123Compliance Comparisons
Competitors of 123Compliance
123Compliance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Qualio, Legit, Dot Compliance, Greenlight Guru and Sparta Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Web-based quality management software is delivered for life sciences firms.
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| domain | founded_year | HQ Location |
Legit is recognized as a pioneer in privacy and data protection, offering innovative RegTech solutions.
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| domain | founded_year | HQ Location |
Cloud based quality management software
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| domain | founded_year | HQ Location |
Cloud-based quality management software is offered for medical device manufacturers.
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| domain | founded_year | HQ Location |
Cloud-based quality management software is offered for organizational processes.
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| domain | founded_year | HQ Location |
Quality management solutions are provided for health sciences organizations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 123Compliance
When was 123Compliance founded?
123Compliance was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is 123Compliance located?
123Compliance is headquartered in Santa Barbara, United States. It is registered at Santa Barbara, California, United States.
What does 123Compliance do?
123Compliance was established in 2012 in Santa Barbara, United States, focusing on the pharmaceutical and medical device sectors. Cloud and mobile-enabled software is provided for quality management, complaint handling, and regulatory reporting. The platform is fully validated and compliant with 21 CFR Part 11 standards, targeting small to mid-sized organizations with FDA-aligned packages. A partnership with Salesforce supports operations, and acquisition by Sparta Systems occurred in 2016.
Who are the top competitors of 123Compliance?
123Compliance's top competitors include Qualio, Enzyme and Greenlight Guru.
Who are 123Compliance's investors?
123Compliance has 2 investors. Key investors include Lighter Capital, and Sparta Systems.