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Riskonnect

1701 Barrett Lakes Blvd NW Suite 500, Kennesaw, GA, 30144, United States

Overview

Riskonnect offers an integrated risk management platform that orients the enterprise around risk, using risk-correlation technology to deliver actionable insights and improve organizational resilience. Its solutions enable customers to anticipate, manage, and respond in real time to strategic and operational risks across the extended enterprise. The company serves more than 950 customers across six continents and reported strong growth under Thoma Bravo, including 365% growth in billings, 425% growth in ARR, and more than quadrupled revenue over nearly four years. Riskonnect has expanded its platform through four acquisitions, including Marsh ClearSight (late 2018), Xactium (March 2020) and ICIX (October 2021), broadening its integrated risk management and ESG capabilities. The company has over 550 team members and more than 525 risk management experts and has embraced remote and hybrid work models. In partnership with its investors, Riskonnect plans to further invest in its platform, expand go-to-market programs, and hire across engineering, product management, marketing, sales, and customer success. Riskonnect develops and markets a cloud-delivered, enterprise-class suite of software solutions for risk managers, covering strategic, operational and insurable risk applications. The platform is designed to help clients reduce losses, control risk and affect shareholder value. The company serves a blue-chip client base with users in more than 80 countries and has offices in Atlanta, Chicago and London, with the press release originating from Kennesaw, Ga. Management and investors describe Riskonnect as a strong and profitable business with long-term customer relationships. The company plans to continue hiring talent from risk management and high-tech sectors, grow its global services and delivery teams, and accelerate development of its cloud-based software. Recent growth capital will be used to support those expansion and product-development efforts.

Total raised
$10M
Funding rounds
2
Latest round
Equity
Latest activity
Jun 2013

Industries

  • Enterprise Software
  • Government
  • Information Technology
  • InsurTech
  • Risk Management
  • Security
  • Software
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Recent funding

  1. Equity

    Jun 2013

    $10M

Team

  • Jim Wetekamp

    CEO

    LinkedIn
  • Shane Yerkes

    Senior Account Executive, Healthcare Informatics

    LinkedIn
  • Elliott Yama

    Head of Product Marketing - ESG & Supply Chain Risk

    LinkedIn
  • Peter Vlerick

    Chief Financial Officer

    LinkedIn