Valuation
$53M
2024 Revenue
$200M
Customers
250K
Funding
$43.6M
Avg ACV
$800
Team
893
Founded
2014
How AuditBoard CEO Scott Arnold grew to $200M revenue and 250K customers in 2024.
AuditBoard is a cloud-based platform that provides automated enterprise governance, risk management, and compliance solutions. The company was founded in 2014 and is based in Los Angeles, California. AuditBoard enables companies to streamline their audit and compliance processes by providing a central platform for managing risk and compliance initiatives. The platform features tools for risk assessment, control testing, compliance management, issue tracking, and reporting. It is designed to help companies achieve compliance with various regulatory frameworks and industry standards, such as SOX, PCI, HIPAA, and ISO. AuditBoard is used by companies of all sizes, from small startups to large enterprises, across a wide range of industries.
Last updated
AuditBoard Revenue
In 2024, AuditBoard's revenue reached $200M. The company previously reported $17.7M in 2020. Since its launch in 2014, AuditBoard has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | AuditBoard Hit $200m revenue in June 2024 | |
| 2020 | AuditBoard Hit $17.7m revenue in August 2020 | |
| 2014 | Launched with $0 revenue |
AuditBoard Valuation, Funding Rounds
AuditBoard's most recent disclosed valuation is $53M.
AuditBoard has raised $43.6M in total funding across 2 rounds, most recently a $40M Series B round in 2018.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Series B | $40M | - | - | |
| 2017 | Series A | $3.6M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
AuditBoard serves 250K customers.
AuditBoard Employees & Team Size
AuditBoard employs approximately 893 people as of 2026, up from 767 in 2023, including 91 sales reps that carry a quota. It serves 250K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 893 employees (December 2024) |
| 2024 | Reached 884 employees (October 2024) |
| 2023 | Reached 767 employees (September 2023) |
| 2023 | Reached 501 employees (July 2023) |
| 2023 | Reached 661 employees (January 2023) |
| 2022 | Reached 581 employees (January 2022) |
| 2021 | Reached 358 employees (August 2021) |
| 2020 | Reached 240 employees (December 2020) |
| 2020 | Reached 51 employees (August 2020) |
| 2020 | Reached 219 employees (June 2020) |
| 2019 | Reached 145 employees (December 2019) |
| 2018 | Reached 100 employees (December 2018) |
Frequently Asked Questions about AuditBoard
What is AuditBoard's revenue?
AuditBoard generates $200M in revenue.
Who is the CEO of AuditBoard?
The CEO of AuditBoard is Scott Arnold.
How much funding does AuditBoard have?
AuditBoard raised $43.6M.
How many employees does AuditBoard have?
AuditBoard has 893 employees.
Where is AuditBoard headquarters?
AuditBoard is headquartered in Cerritos, California, United States.
Compare AuditBoard to the industry
AuditBoard operates across multiple industries. Browse revenue, funding, and growth data for AuditBoard in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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