The startup offers an enterprise-ready compliance platform that enables organizations to store, share, and manage compliance programs while designing controls tailored to specific stages. This platform facilitates the acquisition of information security certifications and audits, helping companies secure enterprise deals and establish scalable security practices.
Funding
$100M 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.
FCFounders
Product
Problem
Organizations face increasing pressure to achieve and maintain compliance with various information security frameworks, which can be a complex, time-consuming, and expensive process. Traditional methods often involve manual evidence collection, siloed tools, and reliance on external audit firms, leading to inefficiencies and increased overhead.
Solution
Thoropass offers an all-in-one platform that streamlines IT compliance and audits by combining compliance automation with a tech-enabled audit firm. The platform automates evidence collection, provides continuous control monitoring, and facilitates risk management, enabling organizations to build a strong security and compliance posture more efficiently. Thoropass's in-house auditors and compliance experts guide users through the entire process, ensuring transparency and reducing the risk of surprises. By integrating with existing systems and offering AI-powered assistance, Thoropass eliminates manual work, reduces audit time, and enables organizations to scale their compliance programs across multiple frameworks and products.
Target Audience
Thoropass targets SaaS companies, healthcare organizations, FinTech companies, and other businesses that need to achieve and maintain compliance with information security frameworks to meet customer requirements, close deals, and expand into new markets.
Features
- Compliance automation platform with continuous control monitoring and real-time alerts
- AI-powered evidence collection and validation to streamline audits and improve accuracy
- Risk assessment and management tools to track and mitigate security risks
- Access review automation to simplify user reviews and enhance security
- Security questionnaire automation to automate responses to due diligence requests
- Integrations with 100+ pre-vetted systems for automated evidence collection
- In-house auditors with Big 4 experience and expertise in various frameworks
- Support for multiple frameworks, including SOC 1, SOC 2, HIPAA, HITRUST, ISO 27001, PCI DSS, GDPR, and more
- Penetration testing services with CREST-accredited experts
- Trust Center for building trust with a professional, public-facing portal