Draft:AuditBoard
Optro is an American software company
From Wikipedia, the free encyclopedia
Optro (formerly AuditBoard) is a U.S.-based software company that develops tools for audit, risk, and compliance management.[2] Its software is used to manage internal audits, risk workflows, and compliance documentation.[3] The company is headquartered in Cerritos, California.[4][5]
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Submission declined on 17 February 2026 by AllWeKnowOfHeaven (talk).
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| Submission declined on 23 January 2026 by Qcne (talk). This draft's references do not show that the subject meets Wikipedia's criteria for inclusion for organizations and companies. The draft requires multiple published secondary sources that:
Declined by Qcne 51 days ago.
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| Company type | Private |
|---|---|
| Industry | GRC software, risk management software |
| Founded | 2014 |
| Founders | Jay Lee and Daniel Kim |
| Headquarters | Cerritos, California |
Area served | Worldwide |
Key people | Raul Villar Jr. (CEO) |
| Products | Compliance software, audit management software |
| Owner | Hg |
Number of employees | 700+[1] |
| Website | optro |
History
Optro was founded as AuditBoard in 2014 by Daniel Kim and Jay Lee,[6] both former auditors who served as co-CEOs.[3] In 2018, the company received $40 million in Series B funding from Battery Ventures and Mucker Capital.[7] Scott Arnold became President and CEO in 2020.[8]
In 2024, the company reached $200 million in Annual recurring revenue,[9] and later that year, was acquired by the private equity firm Hg in a deal valued at approximately $3 billion.[6] Former Paycor CEO Raul Villar Jr. was named CEO in July 2025 and the company reached $300 million in annual recurring revenue in October of the same year.[10][11]
Recognition
In 2024, the company received the Stratus Award for Cloud Computing from the Business Intelligence Group[12] and was named Overall Risk Management Solution of the Year at the 2024 CyberSecurity Breakthrough Awards.[13] In 2025, the company was included in Deloitte’s Technology Fast 500 for the seventh consecutive year.[14]
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