Diligent

New York, United States Founded: 2001 • Age: 25 yrs Acquired By Insight Partners
Diligent is recognized as a leader in GRC software solutions.
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About Diligent

Diligent is a company based in New York (United States) founded in 2001 was acquired by Insight Partners in February 2016. It operates as a SaaS (Software-as-a-Service). Diligent has raised $22 million across 6 funding rounds from investors including IBM, Accel and Blackstone. Diligent has completed 11 acquisitions, including 3rdRisk, Accuvio and Blueprint OneWorld. Diligent offers products and services including Diligent One Platform. Diligent operates in a competitive market with competitors including DiliTrust, acsense, Govenda, Courion and Theia Analytics Group, among others.

  • Headquarter New York, United States
  • Stage Public
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Diligent Corporation
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $22 M (USD)

    in 6 rounds

  • Latest Funding Round
  • Investors
    IBM

    & 7 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    3rdRisk

    & 10 more

  • Acquired by
    Insight Partners

    & 2 more

    (Feb 14, 2016)

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Products & Services of Diligent

Diligent offers a comprehensive portfolio of products and services, including Diligent One Platform. 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

Centralized platform for governance, risk, and compliance management.

People of Diligent
Headcount 1000-5000
Employee Profiles 303
Board Members and Advisors 7
Employee Profiles
People
Avigail Dadone
Chief People Officer
People
James M Bowman III
Senior Director, Federal Security Compliance SME
People
Brian Stafford
CEO
People
Daniel Szabó
Senior Product Designer

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Board Members and Advisors
people
Deven Parekh
Board Member
people
Behdad Eghbali
Board Member
people
Betsy Atkins
Board Member
people
Christine Anderson
Board Member

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Funding Insights of Diligent

Diligent has successfully raised a total of $22M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 6
  • Last Round
  • First Round

    (04 Oct 2004)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2024 Amount Series D - Diligent Valuation CNT Tech
Aug, 2020 Amount Series D - Diligent Valuation Blackstone
Feb, 2018 Amount Series C - Diligent Valuation Clearlake Capital Group
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 Diligent

Diligent has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include IBM, Accel and Blackstone. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Founded Year Domain Location
Lower and mid-market investments are managed through private equity strategies.
Founded Year Domain Location
Accel is recognized as a leading venture capital firm.
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 Diligent

Diligent has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include 3rdRisk, Accuvio and Blueprint OneWorld. 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
Automated platform for third-party risk management and compliance monitoring.
2020
Insightia was founded in 2020 in London by three co-founders.
2020
Workplace misconduct is reported via a cloud-based mobile platform.
2018
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 - Diligent

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

Diligent Comparisons

Employees
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Competitors of Diligent

Diligent 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 DiliTrust, acsense, Govenda, Courion and Theia Analytics Group, 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
Corporate governance and data governance solutions are provided to organizations.
domain founded_year HQ Location
Resilience platform for identity and access management is provided.
domain founded_year HQ Location
Cloud-based software for corporate governance and board management is offered.
domain founded_year HQ Location
Identity governance and access management solutions are provided.
domain founded_year HQ Location
AI based governance focused intelligence engine
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 Diligent

Frequently Asked Questions about Diligent

When was Diligent founded?

Diligent was founded in 2001 and raised its 1st funding round 3 years after it was founded.

Where is Diligent located?

Diligent is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Diligent?

Brian Stafford is the current CEO of Diligent.

Is Diligent a funded company?

Diligent is a funded company, having raised a total of $22M across 6 funding rounds to date.

What does Diligent do?

Diligent is established as a provider of governance, risk, and compliance (GRC) software through its flagship product, the Diligent One Platform. Activities are centered on centralizing GRC processes into a single, AI-powered platform. Solutions are offered to various sectors including privately held, publicly traded, and mission-driven organizations. The platform integrates board management with comprehensive GRC applications, enabling strategic risk management and regulatory compliance. Insights are delivered to support board-level discussions, fostering organizational resilience and growth.

Who are the top competitors of Diligent?

Diligent's top competitors include acsense, DiliTrust and Govenda.

What products or services does Diligent offer?

Diligent offers Diligent One Platform.

How many acquisitions has Diligent made?

Diligent has made 11 acquisitions, including 3rdRisk, Accuvio, and Blueprint OneWorld.

Who are Diligent's investors?

Diligent has 8 investors. Key investors include IBM, Accel, Blackstone, CNT Tech, and Clearlake Capital Group.

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