About Texert
Texert is a Technology company based in Dallas (United States) founded in 2007, and was acquired by Neohapsis in October 2010. GRC software for enterprises. Texert has raised $3 million across 1 funding round from investors including Neohapsis and New Venture Partners. The company was acqui-hired. Its focus areas include Enterprise Applications, GRC Software, Risk Management and Integrated Risk Management. Its competitors include EXIGER, Riskified and CyberGRX; 3 of its 3 listed competitors have raised funding.
Company details
Texert provides GRC software for enterprises. Its J-Port(R) GRC enables corporates to effectively manage their governance, risk and compliance standards. It provides comprehensive and intelligent view of risk across company. It serves financial, pharmaceuticalhealthcare, energy, utilities, telecommunications, retail, manufacturing industries. It raised a Series A round of 3 Million from New Venture Partners LLC. It was acquired by Neohapsis in Oct 2010.
- Headquarters Dallas, United States
- Stage Acquired
- SectorsTechnology
- Website texertinc.com
- Acquired by Neohapsis (Oct 2010)
Funding Insights of Texert
Texert has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3 million completed in October 2008. 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 $3M
- Total Rounds 1
- Last Round Series A — $3M
- First Round $3M
(Oct 2008)
- Investors Count 1
All 1 funding rounds of Texert with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2008 | $3M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Texert
Texert has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Neohapsis and New Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-to-growth investments are made in US and Europe. | nvpllc.com | New Providence, United States | ||
Security and GRC advisory services are offered to organizations. | 1997 | neohapsis.com | Chicago, United States |
Investor details for Texert
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Timeline of Texert
3 dated milestones of Texert across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Texert is founded.
- Funding First funding round of $3.0M.
- Exit Acquired by Neohapsis.
Competitors of Texert
Texert has 3 listed competitors in our database, 3 of them funded. They include EXIGER, Riskified and CyberGRX.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| exiger.com | 2013 | New York, United States | $80M | Third-party risks and supply chains are managed via AI platform. | ||
| riskified.com | 2013 | New York, United States | $232.02M | 781 | AI-based fraud prevention for e-commerce payments is provided. | |
| cybergrx.com | 2015 | Denver, United States | $99M | 141 | Cloud-based risk assessment and management solutions are provided for enterprises. |
Detailed competitors of Texert
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Top companies in GRC, Risk & Compliance Software
3 companies that operate in the same segment as Texert (GRC, Risk & Compliance Software) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Identity and access management solutions are provided for developers. | 2013 | Bellevue, Washington, United States | USD 332.75 M | 350 |
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Frequently Asked Questions about Texert
Texert was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Texert is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Texert is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Series A of $3M, raised on Oct 2008.
Texert provides GRC software for enterprises. Its J-Port(R) GRC enables corporates to effectively manage their governance, risk and compliance standards. It provides comprehensive and intelligent view of risk across company. It serves financial, pharmaceuticalhealthcare, energy, utilities, telecommunications, retail, manufacturing industries. It raised a Series A round of 3 Million from New Venture Partners LLC. It was acquired by Neohapsis in Oct 2010.
Texert has 2 investors. Key investors include Neohapsis, and New Venture Partners.
Yes. Texert was acquired by Neohapsis in October 2010.