Headquarters
Palo Alto, CAFounded
1999CEO / Founder
Gunjan SinhaEmployees
1001-5000Funding
AcquiredProducts
1 product listedAvg. AI Score
7.2/10Website
metricstream.com/Profile updated
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.
Dated, source-cited figures. Estimates are marked.
All products by MetricStream reviewed by our AI panel of experts.
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.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Who MetricStream competes with, and how they differ.
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.
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 TopReviewedApproaches 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 TopReviewedStarted 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.
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 TopReviewedBuilt 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 TopReviewedKey milestones in MetricStream's history, with sources.
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.comAI-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.comStrategic 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.comLaunches 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.comGaurav 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.comUnveils 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.comLaunches 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.comBruce 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$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$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.comStrategic 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.comExpands 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.
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