Riskonnect, Inc.

Riskonnect, Inc. is a US-based software company that specializes in integrated risk management solutions, helping organizations effectively tackle various risk-related challenges through advanced technology. Founded in 2007 and headquartered in Kennesaw, US, Riskonnect, Inc. provides software solutions for managing risk.

The company's founder, Roger Dunkin, has a background in technology and risk management. In November 2021, Riskonnect secured USD 10. 00 mn in a Series A funding round led by Level Equity, bringing the total amount raised to USD 10. 00 mn and establishing a company valuation of USD 40.

81 mn. Riskonnect Inc. specializes in integrated risk management software solutions that empower organizations to effectively manage various risk-related challenges. The company's core product offerings include Advanced Risk Management Information Systems (RMIS), Enterprise Risk Management, Governance, Risk & Compliance solutions, and Business Continuity & Resilience tools.

These solutions facilitate real-time data analysis, enhance decision-making capabilities, and streamline risk management processes across multiple sectors, including healthcare, financial services, manufacturing, energy, and public entities. Riskonnect's products have a global reach, with significant adoption in North America, Europe, and Asia-Pacific regions. Riskonnect generates revenue primarily through subscription-based models, where clients pay recurring fees for access to its software solutions. This structure creates predictable income streams, as clients engage in annual or multi-year contracts that include software licenses and ongoing support services.

The clientele includes large enterprises, risk management professionals, and compliance officers utilizing flagship products such as the Active Risk Manager and ClearSight platforms. Pricing plans are tiered to accommodate varying client needs and are further supported by consulting services that help clients implement and optimize Riskonnect's solutions, ensuring long-term partnerships and client retention. In November 2021, Riskonnect secured USD 10. 00 mn from TA Associates, with the funding aimed at enhancing its risk management platform and executing its global growth strategy.

The company plans to launch new product features in the upcoming year and expand into new markets, specifically targeting regions in Europe and Asia-Pacific by 2023. The investment will support these initiatives, aiming to improve product offerings and increase market presence.