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Valuation

$53M

2024 Revenue

$200M

Customers

250K

Funding

$43.6M

Avg ACV

$800

Team

893

Founded

2014

How AuditBoard CEO Scott Arnold grew AuditBoard 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.

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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.

AuditBoard Revenue GrowthReported revenue / ARR by year$0$50M$100M$150M$200M$250M201420162018202020222024$0$18M$200MSource: GetLatka.com
YearMilestone
2024AuditBoard Hit $200m revenue in June 2024
2020AuditBoard Hit $17.7m revenue in August 2020
2014Launched 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.

AuditBoard Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$10M$20M$30M$40M$50M201420152016201720182014 cumulative: $0 • 2014 Founded: $02017 cumulative: $4M • 2014 Founded: $0 • 2017 Series A: $4M2018 cumulative: $44M • 2014 Founded: $0 • 2017 Series A: $4M • 2018 Series B: $40M$44M2014 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2018Series B$40M--
2017Series A$3.6M--

AuditBoard Employees & Team Size

AuditBoard employs approximately 893 people as of 2026, up from 767 in 2023.

AuditBoard has 893 total employees in different roles and functions and 91 sales reps that carry a quota. They have 250K customers that rely on the company's solutions.

AuditBoard Team GrowthReported headcount over time02004006008001,00020142016201820202022202400893893Source: GetLatka.com
YearMilestone
2024Reached 893 employees (December 2024)
2024Reached 884 employees (October 2024)
2023Reached 767 employees (September 2023)
2023Reached 501 employees (July 2023)
2023Reached 661 employees (January 2023)
2022Reached 581 employees (January 2022)
2021Reached 358 employees (August 2021)
2020Reached 240 employees (December 2020)
2020Reached 51 employees (August 2020)
2020Reached 219 employees (June 2020)
2019Reached 145 employees (December 2019)
2018Reached 100 employees (December 2018)

Founder / CEO

Scott Arnold

Scott Arnold is listed as Founder / CEO at AuditBoard.

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Customers

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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.

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Compare AuditBoard to the industry

AuditBoard operates across multiple industries. Browse revenue, funding, and growth data for AuditBoard in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

AuditBoard Revenue 2024: $200M ARR, $53M Valuation