Riskonnect

Kennesaw, United States Founded: 2007 • Age: 19 yrs Acquired By Thoma Bravo
Cloud-based risk management solutions are offered for the insurance sector.
Annual revenue $1.6M Latest available
Total funding $10.0M 2 rounds
Employees 127 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Riskonnect

Riskonnect is a company based in Kennesaw (United States) founded in 2007 by Roger Dunkin was acquired by Thoma Bravo in June 2017. Riskonnect has raised $10 million across 2 funding rounds from investors including Thoma Bravo, TA Associates and Level Equity. The company has 127 employees as of March 28, 2024. Riskonnect has completed 8 acquisitions, including Aruvio, CAMMS and Castellan Solutions. Riskonnect operates in a competitive market with competitors including Sedgwick, EXIGER, Riskified, CyberGRX and Shift Technology, among others.

  • Headquarter Kennesaw, United States
  • Employees 127 as on 28 Mar, 2024
  • Founders Roger Dunkin
  • Sectors
    Financial Services
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Riskonnect Services Private Limited
  • Date of Incorporation 01 Apr, 2014
  • Jurisdiction Mangaluru, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.63 M (USD)
    31.01
    as on Mar 31, 2023
  • Net Profit
    $165.95 K (USD)
    24.98
    as on Mar 31, 2023
  • EBITDA
    $301.96 K (USD)
    37.8
    as on Mar 31, 2023
  • Total Equity Funding
    $10 M (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
    Thoma Bravo

    & 2 more

  • Employee Count
    127

    as on Mar 28, 2024

  • Investments & Acquisitions
    Aruvio

    & 7 more

  • Acquired by
    Thoma Bravo

    (Jun 07, 2017)

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People of Riskonnect

Headcount 500-1000
Employee Profiles 283
Employee Profiles
People
Mark Holt
SVP, Head of Sales, International
People
Thomas
Sr. Tier 2 Analyst, Customer Care
People
Ian Ljungquist
Senior Success Engineer
People
Robert Wetherington
Customer Success Manager

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Funding Insights of Riskonnect

Riskonnect has successfully raised a total of $10M 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 Riskonnect

Riskonnect has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Thoma Bravo, TA Associates and Level Equity.

All
Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are invested in by private equity firm TA.
Locked Locked Locked
Middle-market growth capital investments are targeted by Level Equity.
Locked Locked Locked
Software and technology-enabled services companies are targeted for investment.
Locked Locked Locked
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Investor details for Riskonnect

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Riskonnect

Riskonnect has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Aruvio, CAMMS and Castellan Solutions.

Investments
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Investment portfolio details for Riskonnect

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Resilience management software and consulting services are provided.
Locked Locked 2020 Locked
Cloud-based GRC suite is provided for compliance and risk management.
Locked Locked 2011 Locked
Cloud-based supplier collaboration and compliance software is delivered.
Locked Locked 2003 Locked
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Complete acquisition details for Riskonnect

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Financial Statements - Riskonnect

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Detailed financials for Riskonnect

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Riskonnect Comparisons

Riskonnect Primary company
Description
Cloud-based risk management solutions are offered for the in...
Location
Kennesaw, United States
Founded Year
2007
Annual Revenue
$1.63 M (USD)
Net Profit
$165.95 K (USD)
EBITDA
$301.96 K (USD)
Employees
127
As of 2024
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Peer comparison for Riskonnect

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Competitors of Riskonnect

Riskonnect 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 Sedgwick, EXIGER, Riskified, CyberGRX and Shift Technology, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Claims administration, loss adjusting, and benefits management services are provided.
Locked Locked Locked
Third-party risks and supply chains are managed via AI platform.
Locked Locked Locked
AI-based fraud prevention for e-commerce payments is provided.
Locked Locked Locked
Cloud-based risk assessment and management solutions are provided for enterprises.
Locked Locked Locked
Provider of AI solutions for insurance underwriting, claims, and risk
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Detailed competitors of Riskonnect

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Latest news on Riskonnect

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Complete news archive for Riskonnect

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Frequently Asked Questions about Riskonnect

Riskonnect was founded in 2007 and raised its 1st funding round 6 years after it was founded.

Riskonnect is headquartered in Kennesaw, United States. It is registered at Kennesaw, Georgia, United States.

Riskonnect is a funded company, having raised a total of $10M across 2 funding rounds to date.

As of Mar 28, 2024, the latest employee count at Riskonnect is 127.

Annual revenue of Riskonnect is $1.63M as on Mar 31, 2023.

Riskonnect was founded in 2007 and is headquartered in Kennesaw, United States. Cloud-based solutions for risk management in the insurance industry are provided through a suite of applications, including Riskonnect RMIS, GRC, EHS, and HealthCare. Configurable tools are tailored for sectors such as healthcare, retail, manufacturing, financial services, transportation, aerospace, and defense. Operations focus on delivering specialized risk mitigation across these areas.

Riskonnect's top competitors include Sedgwick, Riskified and EXIGER.

Riskonnect has made 8 acquisitions, including Aruvio, CAMMS, and Castellan Solutions.

Riskonnect has 3 investors. Key investors include Thoma Bravo, TA Associates, and Level Equity.

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