Paramify offers a cloud-based risk operations platform that automates evidence collection, continuous monitoring, and multi-framework compliance for highly regulated enterprises. The software supports U.S. federal standards such as FedRAMP, CMMC, and FISMA, as well as commercial and international frameworks including SOC 2, PCI DSS, HITRUST, HIPAA, and ISO 27001. Founded in 2022, the Salt Lake City company reports more than 4× year-over-year growth driven largely by organic demand and serves over 150 enterprise customers—among them Cisco, Palo Alto Networks, Elastic, Ramp, and xAI. Its technology is also used by major advisory firms like Coalfire, Schellman, and A-lign, and it underpins more than 20 % of the FedRAMP Marketplace. With new capital, Paramify plans to deepen automation around enterprise risk and issues management, expand continuous monitoring capabilities, and add coverage for emerging AI-focused frameworks. The company’s goal is to cut compliance preparation from months or years to mere hours, making enterprise-grade risk management accessible and repeatable across diverse environments.

Total raised

$12M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2025