# Paramify

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

- Industry: Software
- Headquarters: Lehi, US
- Website: www.paramify.com/
- Total disclosed funding: $16M
- Latest round: Series A (Dec 18, 2025)
- Investors on record: 4

## About

Founded in 2022 and based in Utah, US, Paramify, Inc. operates as an information technology company that offers data security, governance, risk management, and compliance software solutions. Kenny Scott (CEO) and Tyler Stephens are the co-founders of the company. In December 2025, Paramify, Inc. raised USD 12 million in series A funding led by new investor Moore Strategic Ventures, with participation from another new investor Frazier Group. Returning investors Album VC and Next Frontier Capital also participated in the round.

The company provides compliance automation solutions that specializes in simplifying the creation and maintenance of security documentation for organizations of all sizes. The firm’s platform enables users to generate OSCAL-based (Open Security Controls Assessment Language) Plans of Action and Milestones (POAMs) and System Security Plans (SSPs) in hours. Paramify's Risk Solutions framework streamlines and accelerates the compliance process, allowing organizations to build and manage security programs. The company also provides deployment options, including on-premises and cloud-based solutions, with installation capabilities.

The startup generates revenue through its pricing plans, which include the low impact data ranging from USD 8,500 to USD 27,500 per year, the mod-high impact data ranging from USD 33,500 to USD 61,000 per year, and others for customized pricing.

The company plans to utilize the December 2025 funding to grow its product offerings and workforce, speed up development efforts, and enhance its enterprise risk management features to cover various frameworks.

## Funding rounds

- Series A, Dec 18, 2025, $12M — Album VC, Next Frontier Capital, Moore Strategic Ventures, Frazier VC
- Seed, Aug 20, 2024, $3.5M — Album VC, Next Frontier Capital

## Investors

- Album VC (https://capitalatlas.ai/funds/album-vc) — Seed, Series A
- Next Frontier Capital (https://capitalatlas.ai/funds/next-frontier-capital) — Seed, Series A
- Moore Strategic Ventures (https://capitalatlas.ai/funds/moore-strategic-ventures) — Series A
- Frazier VC (https://capitalatlas.ai/funds/frazier-vc) — Series A