LogicGate is a global leader in Governance, Risk, and Compliance (GRC) solutions. Its mission is to provide enterprises with the software and capabilities needed to understand and manage their risks, transforming them into strategic opportunities. LogicGate aims to empower cyber, governance, risk, and compliance professionals with modern, enterprise-grade GRC expertise and solutions that offer a quick time-to-value. The company focuses on enabling its customers to mature their risk management programs efficiently and effectively.
LogicGate is recognized for its award-winning Risk Cloud® platform, which provides a unified, modern cloud-based solution for holistic risk and compliance management. The company has a strong market reputation, with its user experience often highlighted. Its platform is known for its user-friendly, no-code approach, which allows for flexibility and customization to meet the evolving risk landscape and specific organizational needs. This approach empowers users to build and adapt workflows without requiring specialized IT support.
Offerings, Capabilities, and Integrations
LogicGate provides a comprehensive suite of Governance, Risk, and Compliance (GRC) solutions delivered through its cloud-based platform. LogicGate’s core offering is the Risk Cloud® platform, a no-code, highly configurable solution that allows organizations to automate and manage their risk and compliance processes. This platform is designed to be flexible and adaptable to a company’s evolving needs without requiring IT or developer assistance. A key competitive differentiator for LogicGate is its no-code, drag-and-drop interface, which empowers non-technical users to create and modify workflows. This ease of use, combined with a graph database technology that provides a holistic view of risk, gives LogicGate a strong position in the GRC market. LogicGate’s platform integrates with a wide range of business systems, including Slack, Jira, Microsoft 365, and ServiceNow, which enhances data centralization and automates evidence collection.
Products and Services
LogicGate’s flagship product is the Risk Cloud®, a platform that offers a suite of applications to manage a company’s entire GRC program. This single, unified platform is designed to be scalable and provide a holistic view of risk. LogicGate offers over 40 purpose-built, yet customizable, applications on its platform. These applications cover a wide range of GRC needs, including:
- Risk Management: Solutions for Enterprise Risk Management, Cyber Risk Management, and Third-Party Risk Management allow for the automation of risk assessments and mitigation workflows.
- Compliance and Audit: Applications for Controls Compliance, Policy Management, and Regulatory Change Management help organizations stay audit-ready and adhere to various frameworks like SOC 2, ISO 27001, and GDPR.
- Governance and Policy: Tools to establish and manage corporate governance structures, policies, and procedures in a centralized manner.
- Operational Resilience: Solutions for Incident Management and Business Continuity help organizations respond to and recover from disruptions.
- Specialized Solutions: LogicGate also offers tailored solutions for specific industries, such as its Banking Solution, and for emerging areas like AI Governance.
A newer feature within the Risk Cloud® is Risk Cloud Quantify®, which allows for the financial quantification of risk using models like Open FAIR™. LogicGate also provides implementation and support services to its customers.
Target Customers
LogicGate serves a broad range of customers, from small to medium-sized enterprises to large global corporations. The company’s solutions are designed for cyber, governance, risk, and compliance professionals. LogicGate targets companies across various industries that have significant risk and compliance requirements. Key industries served include:
- Financial Services: To manage regulatory compliance and safeguard their reputation.
- Healthcare: To protect patient data and ensure compliance with regulations like HIPAA.
- Insurance: To manage risk exposure and ensure regulatory adherence.
- Software and Technology: To streamline compliance and secure data in rapidly changing environments.
- Manufacturing: To manage supply chain risk and comply with regulations.
- Retail: To oversee supply chain risk and ensure data security.
These target customers benefit from LogicGate’s products and services by gaining a centralized and real-time view of their risk and compliance posture. The automation of manual processes allows these organizations to improve efficiency, reduce errors, and focus on more strategic initiatives. Ultimately, LogicGate helps its customers to proactively manage risk and transform it into a strategic advantage.
Cloud Integrations and Marketplaces
LogicGate’s Risk Cloud platform offers several integrations with major cloud providers, including Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. However, LogicGate does not have a direct presence on the AWS Marketplace, Microsoft Azure Marketplace, or Google Cloud Marketplace for its Risk Cloud platform.
LogicGate provides the following cloud integrations:
- AWS Security Hub: This integration allows for the ingestion of findings from AWS Security Hub into LogicGate’s Risk Cloud. This enables organizations to centralize vulnerability data, automate workflows for remediation, and connect security findings to broader risk and compliance management processes.
- Amazon S3: LogicGate integrates with Amazon Simple Storage Service (S3) to pull data from files stored in S3 into the Risk Cloud platform. This is used to automate governance, risk, and compliance (GRC) workflows by using data such as employee information and asset data.
- Microsoft 365: LogicGate offers native integration with Microsoft 365, allowing for enhanced collaboration and data management within the Risk Cloud platform.
- Microsoft Azure Active Directory (Entra ID): LogicGate supports integration with Microsoft Entra ID for single sign-on (SSO) and automated user provisioning. For SSO, LogicGate specifies that a custom application should be created in Azure rather than using an application from the Azure Marketplace.
- Google Drive: This integration connects with Risk Cloud’s Policy & Procedure Management Application. It facilitates the drafting, review, and management of documents by allowing users to access and collaborate on files stored in Google Drive directly within the Risk Cloud platform.
- Google Looker: LogicGate integrates with Google Looker for data visualization and business analytics. This allows users to pull report data from Risk Cloud into Looker to create interactive dashboards and gain deeper insights into their risk and compliance data.
Key People
- Co-Founder & CEO: Matt Kunkel
- Co-Founder & Chief Product Officer: Jon Siegler
- Co-Founder & Chief Architect: Dan Campbell
- President and Chief Operating Officer: Diego Panama
- Chief Financial Officer: Kara Smith
- President of Field Operations: Andrew Ruse
- Chief People Officer: Caroline Werner
- Chief Information Security Officer: Nicholas Kathmann
- President of Product and Technology: Jay Jamison
- General Counsel: Sara Haven
- Chief Marketing Officer: Jonathan Skinner
Key Facts
- Headquarters: Chicago, Illinois
- Number of Employees: Approximately 238
- Annual Revenue: Approximately $75 million
- Parent Company: None
- Subsidiary Companies: None
- Publicly Listed: No
Analyst Recognition
LogicGate is recognized by several major analyst groups within the Governance, Risk, and Compliance (GRC) and risk management sectors.
- Gartner has included LogicGate in its research on risk management. LogicGate was recognized in the Gartner Magic Quadrant for IT Vendor Risk Management Tools. The company is also noted in the context of Integrated Risk Management (IRM) and IT Vendor Risk Management solutions.
- Forrester has identified LogicGate as a “Leader” in The Forrester Wave™: Governance, Risk, And Compliance Platforms, Q4 2023. The report notes that LogicGate’s user experience is “second to none”. Previously, Forrester recognized LogicGate as a “Strong Performer” in its Q3 2021 report for the same category. Additionally, Forrester has recognized LogicGate as a Representative Vendor in the Third-Party Risk Management Platforms Landscape.
- IDC named LogicGate as an “IDC Innovator” in its IDC Innovators: Business Continuity Management, 2023 report.
There is no information available regarding recognition for LogicGate from the Everest Group.
