ComplyWorks

Calgary, Canada Founded: 2004 • Age: 22 yrs Acquired By Veriforce
Provides compliance and risk management solutions
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About ComplyWorks

ComplyWorks is a company based in Calgary (Canada) founded in 2004 by David Bischoff was acquired by Veriforce in August 2020.. ComplyWorks has completed 1 acquisition, including Ariscu. ComplyWorks offers products and services including Compliance Management System, Supplier Subscriptions, Workforce Management, and Worksite Management. ComplyWorks operates in a competitive market with competitors including AuditBoard, ProcessUnity, NAVEX Global, Mitratech and Ideagen, among others.

  • Headquarter Calgary, Canada
  • Founders David Bischoff
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Veriforce

    (Aug 18, 2020)

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Products & Services of ComplyWorks

ComplyWorks offers a comprehensive portfolio of products and services, including Compliance Management System, Supplier Subscriptions, Workforce Management, and Worksite Management. 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

Platform for managing governance, risk, and compliance needs

Tools for suppliers to handle requirements and secure work

System to track worker training and competencies globally

Software for hazard assessments and inspections at operations

Funding Insights of ComplyWorks

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 ComplyWorks

ComplyWorks has secured backing from 1 investor. Prominent investors backing the company include Veriforce. 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
Investor Description Founded Year Domain Location
Provider of audit, training & consulting, and IT services
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 ComplyWorks

ComplyWorks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ariscu. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
EHS management software solutions are provided for compliance and operations.
2000
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ComplyWorks

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

Complyworks Comparisons

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Competitors of ComplyWorks

ComplyWorks 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 AuditBoard, ProcessUnity, NAVEX Global, Mitratech and Ideagen, 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
Cloud-based GRC and audit management solutions are provided.
domain founded_year HQ Location
Vendor risk management solutions for businesses & financial institutions
domain founded_year HQ Location
Cloud-based ethics and compliance software is provided for risk management.
domain founded_year HQ Location
Provider of solutions for third party risk management to banks
domain founded_year HQ Location
Ideagen is recognized as a provider of governance, risk, and compliance software solutions.
domain founded_year HQ Location
Management consulting and HR services are provided globally.
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.

Latest news on Complyworks

Frequently Asked Questions about ComplyWorks

When was ComplyWorks founded?

ComplyWorks was founded in 2004.

Where is ComplyWorks located?

ComplyWorks is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.

What does ComplyWorks do?

ComplyWorks was founded in 2004 in Calgary, Canada, within the compliance and risk management sector. Access to corporate compliance management, work-site management, and workforce management is enabled through its platform. Induction, orientation, and training programs are handled, alongside dashboards, reports, regulatory requirements, health and safety incidents, and emergency responses. Services are utilized by clients including ATB Financial, Vancouver Airport Authority, Total, Colliers, UFA, and Canadian Blood Services.

Who are the top competitors of ComplyWorks?

ComplyWorks's top competitors include AuditBoard, NAVEX Global and GBTEC.

What products or services does ComplyWorks offer?

ComplyWorks offers Compliance Management System, Supplier Subscriptions, Workforce Management, and Worksite Management.

How many acquisitions has ComplyWorks made?

ComplyWorks has made 1 acquisition, including Ariscu.

Who are ComplyWorks's investors?

ComplyWorks has 1 investor. Key investors include Veriforce.

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