Lockpath
Latest round
- Series B
Last raised
- Jul 2012
Total raised
- $8M
Investors
- 4
About Lockpath
Lockpath, Inc.Lockpath, Inc. specializes in delivering GRC software solutions. The company was acquired by NAVEX Global, Inc. in August 2016, a transaction for which financial terms were not disclosed. Lockpath is headquartered in Overland Park, Kansas, US. The founder's history and previous ventures are not publicly detailed.Lockpath offers a comprehensive suite of governance, risk, and compliance (GRC) solutions designed to assist organizations in managing their risk and compliance obligations effectively. Their primary product, NAVEX One, integrates various functionalities, including risk assessment, whistleblowing and incident management, compliance training, and policy management. This platform facilitates real-time data integration across organizational processes, allowing users to maintain visibility and control over compliance-related tasks. Serving over 13,000 clients globally, including leading companies in sectors such as financial services, healthcare, manufacturing, and higher education, Lockpath's solutions cater to diverse regulatory requirements, including the Foreign Corrupt Practices Act (FCPA) and General Data Protection Regulation (GDPR).Lockpath generates revenue through a subscription-based model, providing its clients access to its integrated GRC solutions. The transactions typically involve annual or multi-year contracts, where clients subscribe to NAVEX One and select additional services such as compliance consulting or specialized training modules. Pricing plans are structured to accommodate the varying needs of organizations, allowing clients to tailor their subscriptions based on specific features they require. This business model emphasizes long-term partnerships with clients, ensuring ongoing support and updates for compliance tools.Lockpath is focused on developing new products within its GRC suite to enhance client offerings. The specific details regarding upcoming product launches or release dates have not been disclosed.
Who invested in Lockpath
4 investors across 3 rounds
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Questions about Lockpath
Who invested in Lockpath?
Lockpath has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lockpath raised?
Lockpath has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Lockpath last raise money?
Lockpath's most recent round on record is a Series B, in Jul 2012.
What does Lockpath do?
Lockpath is a software company.
Where is Lockpath headquartered?
Lockpath is headquartered in Overland Park, US.
Which VCs invest in companies like Lockpath?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Lockpath's stage. Their profiles are linked below.
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