PolicyCo provides a cloud-based compliance management platform that enables organizations to create, manage, and distribute policies and procedures with strict version control and approval workflows. The platform integrates built-in regulations and control testing features to ensure compliance with industry standards, helping companies maintain organized and up-to-date documentation.
Funding
$1.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many organizations struggle to efficiently manage and maintain compliance with evolving regulations and internal policies. Traditional methods using documents and spreadsheets lack version control, standardized workflows, and real-time visibility, leading to inconsistencies and increased risk of non-compliance. This can result in operational inefficiencies, potential fines, and reputational damage.
Solution
PolicyCo offers a cloud-based platform designed to streamline the entire policy and procedure lifecycle, from creation and approval to distribution and attestation. The platform provides strict version control, customizable approval workflows, and built-in regulations to ensure adherence to industry standards like NIST, CSF, HIPAA, and SOC2. It enables organizations to link regulations to policies, policies to procedures, and procedures to control tests, creating a comprehensive compliance framework. With features like automated control testing, task management, and a ChatGPT integration for quick policy lookup, PolicyCo helps companies maintain organized, up-to-date documentation and proactively manage compliance obligations.
Target Audience
PolicyCo targets compliance and legal departments, as well as operational risk and audit teams within organizations of all sizes that need to efficiently manage policies, procedures, and regulatory compliance.
Features
- Centralized policy and procedure management with version control and approval workflows
- Built-in library of regulations and requirements (NIST, CSF, HIPAA, SOC2)
- Ability to link regulations, policies, procedures, and control tests for comprehensive compliance mapping
- Automated control testing with task assignments and reviewer workflows
- Attestation capture and reporting to demonstrate employee understanding and compliance
- Coverage dashboards to identify compliance gaps and target deficiencies
- Action plans for remediating failed control tests
- SSO and SCIM integration for streamlined user management
- REST API for automating evidence gathering and control tests
- ChatGPT integration for natural language policy search and knowledge transfer