# Missionmark

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/missionmark

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.missionmark.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Sep 8, 2016)
- Investors on record: 2

## About

Missionmark specializes in enhancing audit efficiency through its innovative Audit Platform, designed for auditors and auditees to streamline processes and ensure compliance with real-time insights.Missionmark, founded in 2016 by Daniel Katz and Danny Drobnitch, is headquartered in San Francisco, US. The company focuses on automating the audit process for various organizations. In September 2016, Missionmark successfully raised USD 1.5 mn in Seed funding from investors iAngels and NFX. The funding has contributed to its development and market presence as a key player in the audit automation sector.Missionmark's core offerings center around its innovative Audit Platform, engineered to streamline and enhance the audit process for both auditors and auditees. The platform features built-in automation that accelerates routine tasks such as workpaper creation and cross-referencing, significantly reducing the time and effort required for these activities. Additionally, the recommendation portal facilitates seamless interaction between auditors and auditees, allowing for the submission of updates and tracking of historical changes through an intuitive timeline. The platform’s time tracking and audit planning tools provide users with real-time insights into audit progress, resource allocation, and compliance status. Missionmark serves a diverse clientele, including government entities and private companies, focusing on markets in North America and potentially expanding into other regions where audit efficiency is paramount.Missionmark generates revenue primarily through a subscription-based model, enabling clients to access its suite of audit automation tools on a recurring basis. The company's transactions typically involve partnerships with organizations that require comprehensive audit solutions, facilitating direct interactions between Missionmark and its B2B clients. Customers engage in annual or monthly subscriptions to utilize services such as workpaper automation, cross-referencing, and real-time audit tracking. This transaction structure ensures that organizations benefit from ongoing updates and support, enhancing their compliance and operational efficiency. Specific pricing details related to these services are structured to align with the varying needs of clients across different sectors.Following its recent Seed funding round in September 2016, which raised USD 1.5 mn, Missionmark aims to leverage these resources to enhance its Audit Platform with the launch of new features and tools. The company is also exploring expansion into new markets, particularly targeting regions where audit efficiency is critical, with plans to establish a broader presence in North America and beyond by the end of 2024. This strategic growth will focus on addressing the needs of a diverse client base seeking effective and streamlined audit solutions.

## Funding rounds

- Seed, Sep 8, 2016, $1.5M — iAngels Crowd Ltd, NFX

## Investors

- iAngels Crowd Ltd — Seed
- NFX (https://capitalatlas.ai/funds/nfx) — Seed