About Paramify
Paramify is a company based in Provo (United States) founded in 2022 by Tyler Stephens and Kenny Scott. Paramify has raised $3.5 million across 2 funding rounds from investors including Album VC, Next Frontier Capital and Frazier Group. Paramify offers products and services including SSP Management, POA&M Management, and Security Gap Assessments. Paramify operates in a competitive market with competitors including EASE, Lumiform, AuditFile, AuditCue and AINS, among others.
- Headquarter Provo, United States
- Founders Tyler Stephens, Kenny Scott
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$3.5 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Album VC
& 2 more
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Employee Count
Not available
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Products & Services of Paramify
Paramify offers a comprehensive portfolio of products and services, including SSP Management, POA&M Management, and Security Gap Assessments.
Automates creation of SSPs, policies, and procedures for security standards.
Automates POA&M document generation and deadline tracking for compliance.
Identifies security weaknesses and provides recommendations for improvements.
People of Paramify
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Leadership Team
2 people
Sales and Marketing
1 people
Product Management Team
1 people
Client Team
1 people
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Funding Insights of Paramify
Paramify has successfully raised a total of $3.5M across 2 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.
Investors in Paramify
Paramify has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Album VC, Next Frontier Capital and Frazier Group.
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Investments are directed toward early-stage tech startups by Album VC.
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Venture capital investments are provided to technology-driven startups.
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Investor details for Paramify
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Investments & Acquisitions by Paramify
Investment portfolio details for Paramify
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Financial Statements - Paramify
Detailed financials for Paramify
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Paramify Comparisons
Peer comparison for Paramify
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Competitors of Paramify
Paramify 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 EASE, Lumiform, AuditFile, AuditCue and AINS, among others.
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Plant floor audits are managed via mobile tools for manufacturers.
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Cloud-based software for quality and safety procedures is offered.
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Cloud-based auditing solutions for CPA firms are automated.
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Audit management solutions are delivered through a specialized platform.
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Cloud-based case management and background verification solutions are offered.
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Digital platform for audits, inspections, and compliance management in various sectors.
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Detailed competitors of Paramify
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Latest news on Paramify
Complete news archive for Paramify
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Frequently Asked Questions about Paramify
Paramify was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Paramify is headquartered in Provo, United States. It is registered at Provo, Utah, United States.
Kenny Scott is the current CEO of Paramify. They have also founded this company.
Paramify is a funded company, having raised a total of $3.5M across 2 funding rounds to date.
Paramify was founded in 2022 in Provo, United States, within the cybersecurity and compliance technology sector. A platform is offered to organizations for building and maintaining enterprise security programs. Compliance tasks are automated, and consulting processes are streamlined. Data protection policies and procedures are updated automatically to align with evolving regulations. Operations focus on supporting regulatory adherence across various industries.
Paramify offers SSP Management, POA&M Management, and Security Gap Assessments.
Paramify has 3 investors. Key investors include Album VC, Next Frontier Capital, and Frazier Group.