About Modern Compliance Solutions
Modern Compliance Solutions is a company based in Lindon (United States) founded in 2012 was acquired by Intraprise Health in January 2021.. Modern Compliance Solutions offers products and services including HIPAA One, Security Risk Assessments, Privacy/Breach Risk Assessments, Workforce HIPAA Compliance Training, and Business Associate Manager. Modern Compliance Solutions operates in a competitive market with competitors including Symplr, MetricStream, RLDatix, Accushield and Radar Healthcare, among others.
- Headquarter Lindon, United States
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Sectors
HealthcareTechnology
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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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Acquired by
Intraprise Health
(Jan 06, 2021)
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Products & Services of Modern Compliance Solutions
Modern Compliance Solutions offers a comprehensive portfolio of products and services, including HIPAA One, Security Risk Assessments, Privacy/Breach Risk Assessments, Workforce HIPAA Compliance Training, and Business Associate Manager. 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.
Cloud-based suite for HIPAA assessments and risk remediation
Automates HIPAA security evaluations for healthcare organizations
Assesses vulnerabilities in privacy practices and networks
Offers online courses for HIPAA compliance education
Manages vendor contracts and compliance tracking
Funding Insights of Modern Compliance Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Modern Compliance Solutions
Modern Compliance Solutions has secured backing from 1 investor. Prominent investors backing the company include Intraprise Health. 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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Patient engagement and care coordination solution for healthcare providers
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Modern Compliance Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Modern Compliance Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Modern Compliance Solutions Comparisons
Competitors of Modern Compliance Solutions
Modern Compliance Solutions 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 Symplr, MetricStream, RLDatix, Accushield and Radar Healthcare, 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 |
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| domain | founded_year | HQ Location |
Cloud-based administrative solutions for healthcare credentialing and compliance are offered.
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Cloud-based regulatory solutions are provided for financial institutions.
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| domain | founded_year | HQ Location |
GRC software solutions for healthcare risk management are delivered.
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| domain | founded_year | HQ Location |
Third-party risk management solutions are offered for healthcare compliance.
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| domain | founded_year | HQ Location |
Administrative tasks are managed digitally for healthcare providers.
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Software solutions for legal funding management are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Modern Compliance Solutions
Frequently Asked Questions about Modern Compliance Solutions
When was Modern Compliance Solutions founded?
Modern Compliance Solutions was founded in 2012.
Where is Modern Compliance Solutions located?
Modern Compliance Solutions is headquartered in Lindon, United States. It is registered at Lindon, Utah, United States.
What does Modern Compliance Solutions do?
Modern Compliance Solutions was founded in 2012 and is headquartered in Lindon, United States. The company operates in the healthcare sector, where HIPAAOne software is provided on the ContractPal platform. This cloud-based solution is used for automating security and privacy risk analyses, breach notification processes, and vendor management. Documentation and reporting are also handled to meet HIPAA requirements.
Who are the top competitors of Modern Compliance Solutions?
Modern Compliance Solutions's top competitors include Symplr, Intraprise Health and RLDatix.
What products or services does Modern Compliance Solutions offer?
Modern Compliance Solutions offers HIPAA One, Security Risk Assessments, Privacy/Breach Risk Assessments, Workforce HIPAA Compliance Training, and Business Associate Manager.
Who are Modern Compliance Solutions's investors?
Modern Compliance Solutions has 1 investor. Key investors include Intraprise Health.