Market Opportunity
Decentralised GRC causes audit friction — central evidence repository targets a $18.0B = 180K mid/large enterprises x $100K ACV total addressable market with medium saturation and a year-over-year growth rate of 12-20% annual growth for GRC and compliance tooling; security automation growing faster (20-30%).
Key trends driving demand: Continuous-audit adoption -- organizations are shifting from point-in-time audits to continuous evidence collection, increasing demand for always-available GRC data.; Cloud/SaaS consolidation -- migration to cloud-native services centralizes telemetry into predictable APIs, enabling automated evidence ingestion.; AI/ML-enabled document understanding -- LLMs lower the manual effort required to parse policies, contracts and evidence, enabling scalable mapping to controls..
Key competitors include MetricStream, OneTrust, RSA Archer, Vanta.