RizePoint

Salt Lake City, United States Founded: 1997 • Age: 29 yrs Acquired By FranConnect
Cloud based GRC solutions provider

About RizePoint

RizePoint is a company based in Salt Lake City (United States) founded in 1997 was acquired by FranConnect in February 2024. RizePoint has raised $30 million across 2 funding rounds from investors including FranConnect, AccessHolding and Access Holdings. The company has 43 employees. RizePoint offers products and services including FranConnect Platform, World Manager Module, and Royalty Manager. RizePoint operates in a competitive market with competitors including Wolters Kluwer, FiscalNote, Behavox, Secureframe and Eqs, among others.

Key Metrics
  • Total Equity Funding
    $30M (USD)

    in 2 rounds

  • Latest Funding Round
    $7.5M (USD), Series B

    Nov 2015

  • Investors
  • Employee Count
    43
  • Acquired by
    FranConnect

    (Feb 2024)

Products & Services of RizePoint

RizePoint offers a comprehensive portfolio of products and services, including FranConnect Platform, World Manager Module, and Royalty Manager.

FranConnect Platform
Enterprise Software

SaaS tool for managing franchise sales and operations.

World Manager Module
Employee Training

Module for improving employee training in franchise networks.

Royalty Manager
Financial Management

Tool for streamlining royalty invoicing and collections.

Funding Insights of RizePoint

RizePoint has successfully raised a total of $30M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $7.5 million completed in November 2015. 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 $30M
  • Total Rounds 2
  • Last Round Series B — $7.5M
  • First Round $22.5M

    (Oct 2014)

  • Investors Count 2

All 2 funding rounds of RizePoint with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2015$7.5MSeries B––
Oct 2014$22.5MSeries A––
Valuation history

3 investors in total: 3 institutional.

Investors in RizePoint

RizePoint has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include FranConnect, AccessHolding and Access Holdings.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investment firm focused on buyouts
–accessholdings.comBaltimore, United States
Microfinance banking services are provided by AccessHolding in Germany.
2006accessholding.comBerlin, Germany
Cloud-based software for managing franchise operations is provided.
2000franconnect.comReston, United States
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Investor details for RizePoint

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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People of RizePoint

17 people are tracked at RizePoint (3 in leadership, 4 in board & advisors, 10 in team); the tracked headcount is 43.

NameRoleGroup
Jeremy Williams
VP, Information TechnologyLeadership
Derek Beckstead
CFOLeadership
Nick McCleery
Director of Product Management and User ExperienceLeadership
Jay Berlin
DirectorBoard & advisors
Dan Strong
DirectorBoard & advisors
Steve Chang
DirectorBoard & advisors
Kevin McAllister
DirectorBoard & advisors
Paul Peine
Senior Software EngineerTeam
Ремонт PRO
ProgrammerTeam
Tasha Lewis
Accounting ManagerTeam
Cathy Barnes
HR/Office AdministratorTeam
Matthew Ball
Senior Software EngineerTeam
Eric Ball
Sr. Account ExecutiveTeam
Scott Dobrusky
DevOps Manager / Workflow AdminTeam
Grant Sherratt
National Account ExecutiveTeam
Blake Ropelato
Sr Software Engineering ManagerTeam
Alexander Shvyrev
Software Engineer IITeam
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Complete people profiles for RizePoint

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of RizePoint

4 dated milestones of RizePoint across 27 years, from founding to its latest funding, stage changes and deals.

  1. Founded RizePoint is founded.
  2. Funding First funding round of $22.5M.
  3. Funding Latest funding round, Series B, of $7.5M.
  4. Exit Acquired by FranConnect.

Competitors of RizePoint

RizePoint 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 Wolters Kluwer, FiscalNote, Behavox, Secureframe and Eqs, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
wolterskluwer.com1836United States–16
Enterprise legal processes are managed via an AI-powered platform.
fiscalnote.com2013–$188.2M56
AI-driven legal, regulatory, and policy data analysis is delivered.
behavox.com2014London, United Kingdom$146.24M212
AI-driven compliance and risk management solutions are provided for enterprises.
secureframe.com2020San Francisco, United States$78.5M51
Cloud-based compliance management solution provider
eqs.com2000Munich, Germany–514
Compliance workflows for businesses are streamlined by Eq s platform.
du.co2010London, United Kingdom$35.29M–
SAAS reconciliation solutions are delivered for financial services firms.
hyperproof.io2018Bellevue, United States$66.12M101
Integrated compliance management software
provana.com2001Lisle, United States–3,014
Automated compliance management and speech analytics software is delivered.
truv.com2020Miami, United States$28.5M8
Employee background verifications are facilitated through a cloud-based platform.
payface.com.br2018Florianopolis, Brazil$9.8M–
Restaurant payments are enabled via an online platform without devices.
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Detailed competitors of RizePoint

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  • Full competitor set
  • Operating metrics
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Verified entity values are shown only after access is granted.

Web traffic of RizePoint

The website of RizePoint (rizepoint.com) receives about 5.2K visits a month.

  • Monthly visits
    5.2K

    ▼ 65.1% vs previous month

Latest news on Rizepoint

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Complete news archive for RizePoint

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to RizePoint

10 companies that operate in the same segment as RizePoint (GRC, Risk & Compliance Software), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B2,241
Platform that provides data analysis and management solutions
2003Denver, Colorado, United StatesUSD 2.46 BUSD 2.87 B3,940
Identity and access management solutions are provided for developers.
2013Bellevue, Washington, United StatesUSD 332.75 M––
Cloud security posture management solutions are provided by the platform.
2000Sunnyvale, California, United StatesUSD 54.2 MUSD 6.8 B14,140
Digital workplace safety tools for inspections and audits are provided.
2004Surry Hills, New South Wales, AustraliaUSD 297.93 M––
Compliance and risk management platform is offered to enterprises.
2016San Francisco, California, United StatesUSD 503.05 M––
Cloud-based tax compliance solutions are delivered for businesses worldwide.
2004Seattle, Washington, United StatesUSD 342.97 MUSD 65.53 M1,623
Hybrid cloud infrastructure solutions are delivered for business management.
1977Austin, Texas, United States–USD 1.79 B8,890
Cloud based identity governance and administration software
2005Austin, Texas, United StatesUSD 26.65 MUSD 1.07 B2,740
Online payment solutions are offered to consumers and businesses.
1998San Jose, California, United StatesUSD 216 MUSD 31.79 B24,400
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Frequently Asked Questions about RizePoint

RizePoint was founded in 1997 and raised its 1st funding round 17 years after it was founded.

RizePoint is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.

RizePoint is a funded company, having raised a total of $30M across 2 funding rounds to date. The company's 1st funding round was a Series A of $22.5M, raised on Oct 2014.

RizePoint has 43 employees.

Founded in 1997 and based in Salt Lake City, United States, RizePoint operates as a provider of SaaS software for governance, risk, and compliance in the food service, hospitality, and retail industries. Tools for customized reports, configured forms, assessment reports, automated workflows, communication features, program compliance, and corrective actions are included. Mobile auditing capabilities are also supported for on-the-go use, with clients such as IHOP and LRA served.

RizePoint's top competitors include Behavox, Wolters Kluwer and Secureframe.

RizePoint offers FranConnect Platform, World Manager Module, and Royalty Manager.

RizePoint has 3 investors. Key investors include FranConnect, AccessHolding, and Access Holdings.

RizePoint operates through Steton Technology Group, Inc..

Yes. RizePoint was acquired by FranConnect in February 2024.

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