MetricStream

MetricStream
MetricStream
  • Headquarters

    Palo Alto, CA
  • Founded

    1999
  • CEO / Founder

    Gunjan Sinha
  • Employees

    1001-5000
  • Funding

    Acquired
  • Products

    1 product listed
  • Avg. AI Score

    7.2/10

Profile updated

Products
1
Avg AI Score
7.2/10
Founded
1999
Funding
—
About MetricStream

MetricStream develops governance, risk, and compliance (GRC) software used by enterprises to manage regulatory compliance, operational risk, and audit processes. The company was founded in 1999 and is headquartered in Palo Alto, California.

Its core offering, the MetricStream Platform, includes applications for enterprise risk management, third-party risk management, compliance management, audit management, and ESG-related risk programs. Customers span industries including financial services, healthcare, manufacturing, and energy, with the company positioning its products for large enterprises subject to complex regulatory environments.

MetricStream has raised venture capital over multiple rounds from investors including Goldman Sachs and NEA, and has been backed by growth equity firm Clearlake Capital Group, which took a majority stake in the company in 2021. The company operates with employees across offices in the United States, India, and other international locations.

Specialties
Governance, Risk and Compliance (GRC)Enterprise Risk ManagementRegulatory Compliance ManagementThird-Party Risk ManagementAudit ManagementIT Risk and Cybersecurity GovernanceESG Risk Management
Financials

Dated, source-cited figures. Estimates are marked.

Products by MetricStream

All products by MetricStream reviewed by our AI panel of experts.

How Our Review Panel Scores MetricStream

Six independent reviewer personalities assessed MetricStream's product on their own terms. They disagreed by 1.8 points — The Finance Lead was the hardest to convince, The Domain Strategist the most positive.

The Domain Strategist
8.0
The Decision Maker
7.6
The Domain Practitioner
7.6
The Skeptic
6.9
The Power User
6.6
The Finance Lead
6.2

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who MetricStream competes with, and how they differ.

A
Archer

The other long-standing pure-play enterprise GRC platform, sold as Archer IRM after being carved out of RSA and taken private by Cinven in 2023. Archer and MetricStream meet head-to-head in the same regulated-industry deals and are ranked against each other in every enterprise-GRC analyst evaluation; Archer leans on a large partner-built application library, MetricStream on its own packaged product lines plus AppStudio low-code.

ServiceNow logo
ServiceNow8.1/10

Sells Integrated Risk Management as a module on the same platform enterprises already run for ITSM, so it wins on consolidation and existing platform spend rather than GRC depth. MetricStream competes as the domain specialist with deeper regulatory content, banking and life-sciences packaging, and standalone deployment where the customer is not a ServiceNow shop.

1 product reviewed on TopReviewed
Diligent Corporation logo
Diligent Corporation8.0/10

Approaches GRC from the boardroom down, pairing board management and entity governance with the audit and risk tooling it acquired with Galvanize/HighBond. MetricStream sells to the CRO and chief compliance officer with operational risk, third-party risk and regulatory-change depth rather than board reporting.

1 product reviewed on TopReviewed
Optro logo
Optro

Started in internal audit and SOX and expanded outward into risk and compliance, winning on fast time-to-value and auditor-friendly UX. MetricStream starts from the enterprise risk and compliance side and targets larger, more regulated estates where multi-year platform programs and regulatory content libraries matter more than deployment speed.

LogicGate Risk Cloud logo
LogicGate Risk Cloud6.6/10

A no-code GRC builder positioned for teams that want to assemble their own risk workflows quickly, typically at mid-market and lower-enterprise price points. MetricStream ships pre-built, domain-specific products and content for Global 500 buyers, which is heavier to deploy but less dependent on the customer designing the process.

1 product reviewed on TopReviewed
OneTrust logo
OneTrust7.6/10

Built its footprint on privacy and consent management and extended into third-party risk, ESG and compliance, so it usually enters through the privacy or data-governance buyer. Overlap with MetricStream is real but narrower, concentrated in third-party risk and policy/compliance rather than enterprise and operational risk.

1 product reviewed on TopReviewed
Company Timeline

Key milestones in MetricStream's history, with sources.

  1. Milestone

    Ranked #1 in Enterprise GRC by Chartis Research

    Chartis Research ranked MetricStream #1 in Enterprise GRC and named it a category leader across all seven GRC categories assessed. The company now positions itself as an AI-native GRC vendor.

    metricstream.com
  2. Milestone

    AI-first strategy and rebrand; Marc Levine named CEO

    MetricStream unveiled a new brand identity and an AI-first product strategy under the tagline "GRC Simplified. Outcomes Amplified". Marc Levine joined as Chief Executive Officer and co-founder Gaurav Kapoor moved to a full-time Vice Chairman role focused on product strategy and growth.

    metricstream.com
  3. Funding

    Strategic financing from Blue Torch Capital

    MetricStream finalized an agreement with Blue Torch Capital for additional funding to accelerate its corporate and product strategy; the amount was not disclosed. Gaurav Kapoor, then CEO and co-founder, described it as the next phase of global growth.

    metricstream.com
  4. Launch

    Launches AiSPIRE, an AI-powered GRC product

    MetricStream launched AiSPIRE, which it described as the industry first AI-powered, knowledge-centric GRC product. It applies large language models, GRC ontology-based knowledge graphs and generative AI to existing GRC and transactional data for risk and audit prioritization.

    metricstream.com
  5. Milestone

    Gaurav Kapoor and Prasad Sabbineni named Co-CEOs

    MetricStream appointed co-founder Gaurav Kapoor and CTO Prasad Sabbineni as Co-CEOs, succeeding Bruce Dahlgren after two years.

    metricstream.com
  6. Launch

    Unveils ConnectedGRC product line

    MetricStream unveiled ConnectedGRC, consolidating its risk, compliance, audit, cyber and ESG products onto a single low-code/no-code platform aimed at cyber resilience and ESG scoring.

    metricstream.com
  7. Launch

    Launches ESG solution on its GRC platform

    MetricStream launched an ESG product built on its GRC platform, letting organizations measure and report environmental, social and governance performance alongside their existing risk and compliance programs.

    metricstream.com
  8. Milestone

    Bruce Dahlgren appointed Chief Executive Officer

    MetricStream named Bruce Dahlgren CEO to scale the company as a GRC/IRM SaaS business. Dahlgren previously held senior roles at HP and Hewlett Packard Enterprise, including SVP and Managing Director for Asia Pacific and Japan.

    metricstream.com
  9. Funding

    $65M round led by Clearlake Capital

    Clearlake Capital Group led a $65 million financing round with participation from Singapore-based EDBI and existing investors Goldman Sachs and Sageview Capital. Clearlake partner Prashant Mehrotra joined the board. SEC Form D filings show the capital was sold in two tranches, first sales dated 20 March 2017 and 16 October 2017.

    finsmes.com
  10. Funding

    $60M round led by Sageview Capital

    Sageview Capital led a $60 million round with participation from existing investors Goldman Sachs and Kaiser Permanente Ventures. Sageview co-founder and managing partner Ned Gilhuly joined MetricStream board of directors.

    finsmes.com
  11. Funding

    Strategic financing led by a Goldman Sachs affiliate

    MetricStream completed a strategic financing of undisclosed size led by an affiliate of Goldman Sachs, to be used for innovation and market expansion. The company was then led by CEO Shellye Archambeau and Executive Chairman Gunjan Sinha.

    finsmes.com
  12. Milestone

    Expands Bangalore operations with a planned $10M India investment

    CFO Gaurav Kapoor told The Economic Times that MetricStream would invest at least $10 million in India over three years and double Bangalore headcount to 120. The centre, opened in 2001 with 10 people, had built the entire MetricStream 3.5 product suite.

    m.economictimes.com

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