Compliance Systems

Grand Rapids, United States Founded: 1992 • Age: 34 yrs Acquired By CUNA Mutual Group
Cloud-based compliance management software is provided for regulatory needs.
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About Compliance Systems

Compliance Systems is a company based in Grand Rapids (United States) founded in 1992 was acquired by CUNA Mutual Group in November 2018.. The company has 90 employees as of December 31, 2018. Compliance Systems offers products and services including Life Insurance, Auto Insurance, Compliance Solutions, and Annuities. Compliance Systems operates in a competitive market with competitors including Symphony, Wolters Kluwer, FiscalNote, EXIGER and Eqs, among others.

  • Headquarter Grand Rapids, United States
  • Employees 90 as on 31 Dec, 2018
  • Sectors
    Financial Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Compliance Systems, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    90

    as on Dec 31, 2018

  • Acquired by
    CUNA Mutual Group

    (Nov 28, 2018)

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Products & Services of Compliance Systems

Compliance Systems offers a comprehensive portfolio of products and services, including Life Insurance, Auto Insurance, Compliance Solutions, and Annuities. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides coverage for life events and financial protection.

Offers protection for vehicles and related liabilities.

Delivers tools for managing financial transaction compliance.

Provides income options for retirement planning purposes.

People of Compliance Systems
Headcount 50-200
Employee Profiles 17
Employee Profiles
People
Alex Cortada
Business Development Executive
People
Julie Mead
Banking Software Sales Manager
People
Jason Cunningham
Partner Integration Specialist Lead
People
Carrie Goodman
Director Of Financial Institution Management

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Funding Insights of Compliance Systems

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Compliance Systems

Compliance Systems has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CUNA Mutual Group. 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.

All
Institutional
Investor Description Founded Year Domain Location
Insurance and investment solutions are provided to credit unions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Compliance Systems

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Compliance Systems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Compliance Systems Comparisons

Employees
+
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Competitors of Compliance Systems

Compliance Systems 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 Symphony, Wolters Kluwer, FiscalNote, EXIGER and Eqs, 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
Compliance management solutions for financial institutions
domain founded_year HQ Location
Enterprise legal processes are managed via an AI-powered platform.
domain founded_year HQ Location
AI-driven legal, regulatory, and policy data analysis is delivered.
domain founded_year HQ Location
Third-party risks and supply chains are managed via AI platform.
domain founded_year HQ Location
Compliance workflows for businesses are streamlined by Eq s platform.
domain founded_year HQ Location
AI-driven compliance and risk management solutions are provided for enterprises.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Compliance Systems

When was Compliance Systems founded?

Compliance Systems was founded in 1992.

Where is Compliance Systems located?

Compliance Systems is headquartered in Grand Rapids, United States. It is registered at Grand Rapids, Michigan, United States.

Who is the current CEO of Compliance Systems?

Dennis Adama is the current CEO of Compliance Systems.

How many employees does Compliance Systems have?

As of Dec 31, 2018, the latest employee count at Compliance Systems is 90.

What does Compliance Systems do?

Compliance Systems was founded in 1992 and is headquartered in Grand Rapids, United States. Operations focus on the software sector, where cloud-based platforms are utilized for compliance management. Services include preference management, CCPA compliance, attorney general regulation tracking, tax filing support, unconstitutional structure oversight, and customized compliance systems. These tools are designed to assist organizations in navigating regulatory requirements across various jurisdictions.

Who are the top competitors of Compliance Systems?

Compliance Systems's top competitors include Symphony, Behavox and EXIGER.

What products or services does Compliance Systems offer?

Compliance Systems offers Life Insurance, Auto Insurance, Compliance Solutions, and Annuities.

Who are Compliance Systems's investors?

Compliance Systems has 1 investor. Key investors include CUNA Mutual Group.

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