LogicGate

Primary category: enterprise-grc.

One-liner — A no-code, configurable GRC platform (“Risk Cloud”) pitched as the lighter, faster-to-stand-up alternative to legacy suites like archer.

What it does — Risk Cloud lets risk/compliance teams build and run GRC workflows — enterprise risk, compliance frameworks, third-party risk, controls, audit, policy — without code, via a drag-and-drop application builder. The selling point is configurability and speed-to-value versus heavyweight incumbents.

Where it sits in the stack — enterprise-grc, governance layer. System of record for risk/control workflows, not a runtime data control — it is not an inline prompt/egress control. Can host AI-use-case risk assessments and policy attestations, overlapping ai-governance-platform.

Deployment & architecture — SaaS. No-code app/workflow builder; integrations with security and IT tooling; supports third-party-risk questionnaires and continuous-control mappings.

Positioning & differentiators — Mid-market-friendly, configurable, modern UX. Competes with onspring (both no-code GRC challengers) and against the heavyweights servicenow / archer; overlaps auditboard on audit/compliance.

Ownership, funding & M&A — independent, private, VC/growth-equity backed. ~$156M total: Series C $113M (2021) led by PSG with Greenspring; Series B $24.75M (2019) co-led by Jump Capital + High Alpha. Founded 2015 in Chicago. No acquisition found. (high confidence)

CTO / hedge-fund lens — Day-1 GRC for a mid-size fund that wants a configurable risk/compliance system without an Archer-scale implementation. Reasonable fit for a 100–1,000-person shop standing up a risk program; can carry AI-governance use cases as workflows. Larger funds with existing servicenow may not need it.

Competitors / alternatives — onspring, auditboard, servicenow, archer, onetrust.

Open questions / to verify — Latest funding/valuation post-2021; depth of dedicated AI-governance templates.

Sources

• LogicGate secures $113M Series C — fetched 2026-06-28 — supports: funding total, Series C lead PSG, Risk Cloud positioning; confidence: high
• LogicGate Crunchbase profile — fetched 2026-06-28 — supports: founded 2015, Chicago HQ, founders, round history; confidence: med

History

• [2026-06-28] Stub created from seed registry.
• [2026-06-28] Researched; confirmed independent VC/growth-backed (~$156M, PSG-led Series C); founded 2015 Chicago; ownership unchanged (independent).