# Optro

> Optro, formerly AuditBoard and originally SOXHUB, sells cloud-based governance, risk, and compliance software to enterprises. Its connected platform brings together internal audit, controls, enterprise and cyber risk, compliance, third-party risk, and AI governance, with AI agents for tasks including controls testing. The company reported more than $300 million in annual recurring revenue in October 2025 and says it serves over half of the Fortune 500.

- **Founded:** 2014
- **Headquarters:** San Francisco, United States
- **Founders:** Daniel Kim (Co-founder; original product lead), Jay Lee (Co-founder; original business development lead)
- **Products:** Controls Management, Autonomous Testing, OpsAudit, RiskOversight, CrossComply
- **Notable:** Reported more than $300 million ARR on October 14, 2025; ARR is not recognized annual revenue., Reports adoption by over 50% of the Fortune 500., Named a Leader in the 2025 Gartner Magic Quadrant for GRC Tools, Assurance Leaders.

## Products & services

- **Controls Management** — Planning, controls testing, documentation, certification, and continuous monitoring for SOX and other control programs.
- **Autonomous Testing** — AI agents process evidence, execute attribute tests, and generate workpapers; expanded through the May 2026 Midship acquisition.
- **OpsAudit** — Internal audit planning, fieldwork, issue tracking, and reporting.
- **RiskOversight** — Enterprise risk identification, assessment, monitoring, and reporting.
- **CrossComply** — Compliance controls and evidence management across frameworks.
- **Cyber Risk Management** — Assess and communicate information technology and cybersecurity risk.
- **TPRM** — Third-party risk assessment and ongoing vendor oversight.
- **AI Governance** — AI inventories, ownership, risk assessments, and framework-based governance; expanded with FairNow.
- **RegComply** — Regulatory compliance management.
- **Business Continuity Management** — Business impact assessments, continuity planning, and recovery coordination.
- **Optro Success and Services** — Implementation, enablement, and ongoing platform support.

## Achievements

- Reported more than $300 million ARR on October 14, 2025; ARR is not recognized annual revenue.
- Reports adoption by over 50% of the Fortune 500.
- Named a Leader in the 2025 Gartner Magic Quadrant for GRC Tools, Assurance Leaders.
- Named a Leader in the 2026 Forrester Wave for GRC Platforms, according to its September 2026 announcement.
- 2024 acquisition by Hg valued at over $3 billion.

## Latest updates

- **2026-10** — Announced 2026 Connector Award winners, including Reddit, Fortive, GE Aerospace, Eaton, Verizon, and Humana, on October 12.
- **2026-10** — October 8 research based on over 400 GRC and audit leaders reported 34% of organizations had acted on inaccurate AI-agent decisions or outputs.
- **2026-09** — Announced a public-sector distribution partnership with Carahsoft on September 22.
- **2026-09** — Appointed Tim Daniels CFO on September 14, superseding the earlier Hugo Doetsch appointment.
- **2026-05** — Acquired AI-native SOX automation company Midship on May 6.
- **2026-03** — Rebranded AuditBoard as Optro on March 9.

## Links

- Website: https://optro.ai/
- LinkedIn: https://www.linkedin.com/company/optro/
- Twitter/X: https://x.com/optrohq
- YouTube: https://www.youtube.com/@optrohq
- Facebook: https://facebook.com/soxhubinc/

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Profile page: https://yespress.io/optro
Published by YesPress — https://yespress.io
Last updated: 2026-10-16