Top 20 Compliance companies by revenue in 2022

by Nicolae Buldumac
· 21/11/2023 09:40 · 5-7 min read
Top 20 Compliance companies by revenue in 2022

In today's dynamic business landscape, regulatory compliance has become a cornerstone of corporate operations. Companies worldwide are navigating a complex web of regulations and standards, making compliance a top priority. Whether it's data protection, financial regulations, environmental standards, or cybersecurity requirements, adhering to these rules is not just about staying on the right side of the law; it's about safeguarding reputation, trust, and market presence. 

As we venture into 2022, compliance has never been more crucial, and the companies leading the way in this field have taken center stage. These organizations, with their innovative solutions and unwavering commitment to ensuring regulatory adherence, are shaping the future of corporate governance. 

In this article, we take a closer look at the top 20 compliance companies of 2022 by revenue, highlighting their accomplishments and the pivotal roles they play in helping businesses navigate the ever-evolving compliance landscape. From established giants to agile disruptors, these companies have made significant contributions to the compliance industry, earning their spots on our prestigious list. 

We delve into their stories, exploring the technologies, services, and strategies that have propelled them to the forefront of compliance solutions. Join us on this journey as we recognize and celebrate the industry leaders that continue to set the standards for compliance excellence in a rapidly changing world. 

So, without further ado, let's dive into the fascinating world of compliance and get to know the organizations that are ensuring businesses stay not only legally compliant but also competitive and resilient in the face of regulatory challenges. 

 

1. KPMG Compliance Consulting 

Pros and Cons of KPMG Compliance Consulting 2023

  • 2022 Revenue – 35 billion USD 

  • Number of employees - 48,131 

  • Founding year - 1897 

  • Location: United States 

Company description: KPMG stands as a prominent global professional services firm and has earned its place as the fastest-growing Big Four accounting firm in the United States. Boasting a vast network of 75+ offices and a workforce exceeding 40,000 employees and partners nationwide, we take the lead in pioneering new and innovative approaches within the industry. Our substantial size and robust capabilities empower us to be exceptionally agile and responsive to the dynamic shifts in industry trends.

 

2. ADP SmartCompliance 

ADP SmartCompliance Software - 2023 Reviews, Pricing & Demo

 

  • 2022 Revenue – 16.5 billion USD 

  • Number of employees - 79,825 

  • Founding year - 1949 

  • Location: United States 

Company description: ADP is at the forefront of transforming the work landscape through innovative HR, Talent, Time Management, Benefits, and Payroll solutions. Our commitment to a data-driven, people-centric approach is geared towards unlocking the full potential of individuals. Discover the next era of work with ADP, where empowerment meets the future.

 

3. Avalara 

Avalara, Inc. Logo Vector - (.SVG + .PNG) - Logovtor.Com

 

  • 2022 Revenue – 0.78 billion USD 

  • Number of employees - 4,342 

  • Founding year - 2004 

  • Location: United States 

Company description: Avalara: Streamlining Global Tax Compliance: With a presence in 90+ countries, Avalara is simplifying tax compliance for more than 30,000 businesses and government clients. Our tax compliance automation software, seamlessly integrated with 1,200+ partners, facilitates efficient tax calculations, document management, return filing, and access to tax content for ecommerce, ERP, and billing systems.

 

4. Justworks 

Meet the New Justworks Logo - Justworks

 

  • 2022 Revenue – 982 million USD 

  • Number of employees - 1,297 

  • Founding year - 2012 

  • Location: United States 

Company description: Justworks: Facilitating Business Growth with Streamlined Operations: Justworks plays a pivotal role in simplifying business operations and minimizing uncertainty, serving as a valuable partner in the journey of business growth. Our user-friendly platform, complemented by 24/7 customer service, combines the functionalities of a PEO. This enables teams to focus on their core objectives, offering seamless access to corporate-level benefits, simplified payroll processing, comprehensive HR resources, and expert compliance guidance—all within a unified platform.

 

5. Workiva 

File:Workiva-Logo-Digital and Web.png - Wikipedia

 

  • 2022 Revenue – 537.9 million USD 

  • Number of employees - 2,580 

  • Founding year - 2008 

  • Location: United States 

Company description: Workiva stands out as a company dedicated to fostering transparent reporting for the betterment of society. Their commitment is evident in the development and provision of the world's leading cloud platform, specifically designed for comprehensive integrated reporting. In response to the increasing demand for transparency and disclosure of both financial and non-financial data, Workiva has crafted a unique Software as a Service (SaaS) platform that unifies financial reporting, Environmental, Social, and Governance (ESG) reporting, and Governance, Risk, and Compliance (GRC).What distinguishes Workiva is their seamless integration of these critical reporting aspects into one controlled, secure, and audit-ready platform. This unified approach simplifies the often intricate processes associated with reporting and disclosure. Workiva's platform promotes collaboration among teams, streamlines workflows, and ensures consistency in reporting standards. In essence, Workiva empowers organizations to navigate the complexities of reporting with ease, reinforcing their commitment to transparency and accountability.

 

 

6. G-P/Globalization Partners 

A better, faster way to build your global team | G-P

  • 2022 Revenue – 300 million USD 

  • Number of employees - 1,663 

  • Founding year - 2012 

  • Location: United States 

Company description: G-P/Globalization Partners (G-P) is at the forefront of empowering expanding businesses to unlock their full potential. Through their #1 SaaS-based Global Growth Platform™, G-P revolutionizes the creation of highly skilled global teams with unparalleled speed and compliance. This comprehensive platform seamlessly manages the entire process, from finding and hiring to onboarding, paying, and overseeing team members.The key advantage offered by G-P is the ability for businesses to rapidly tap into growth opportunities worldwide, eliminating the complexities associated with establishing local subsidiaries or branch offices. G-P's approach heralds the era of the "everywhere workforce," seamlessly bringing together global teams. For companies seeking a future of swift and efficient global expansion, G-P/Globalization Partners is the gateway where the global becomes possible in a matter of days, not months.

 

7. Merkle Science 

Merkle Science - Creative Destruction Lab

  • 2022 Revenue – 166 million USD 

  • Number of employees - 71 

  • Founding year - 2018 

  • Location: United States 

Company description: Merkle Science: Innovating Predictive Solutions for Cryptocurrency Risk Management

Founded in 2018, Merkle Science stands at the forefront of predictive cryptocurrency risk and intelligence platforms. With cutting-edge technology, we provide essential support to cryptocurrency businesses, financial institutions, and governmental entities in the identification, investigation, and prevention of illicit cryptocurrency activities.Distinguished by our Behavioral Rule Engine, surpassing conventional blacklists, Merkle Science empowers compliance teams to meet local KYC/AML requirements while staying ahead in the ever-evolving landscape of illicit crypto actions. Our overarching vision is to contribute to a crypto-powered world by constructing the necessary infrastructure, ensuring the secure and sustainable growth of the cryptocurrency industry within the $22 trillion financial services landscape.At Merkle Science, we are dedicated to empowering businesses to expand and mature, facilitating secure crypto transactions for individuals, entities, and services on a global scale.

 

8. Ketch 

E-book | GDPR Compliance Guide

  • 2022 Revenue – 50 million USD 

  • Number of employees - 88 

  • Founding year - 2020 

  • Location: United States 

Company description: Ketch: Empowering Trust and Sustainable Growth with Data

Ketch is dedicated to empowering businesses and platforms to build trust with consumers, driving their growth through data-driven strategies. The Ketch Trust by Design Platform serves as an seamlessly integrated suite of applications, infrastructure, and APIs. This platform simplifies privacy operations, reducing costs and complexities while leveraging responsibly collected data to enhance customer engagement and fuel revenue growth.Ketch's Programmatic Privacy™, specifically designed for privacy operations, allows companies to dynamically adapt to ever-evolving regulations. This approach simultaneously mitigates risk and significantly reduces operational and privacy engineering expenditures by up to 80%.Through Ketch Data Stewardship, businesses gain comprehensive, real-time control and insights over their data. This establishes trust and lays the groundwork for responsible AI, advanced data, and analytics initiatives, ensuring a secure and sustainable path for growth.

 

9. AuditBoard 

AuditBoard logo vector Vector Logos

  • 2022 Revenue – 42 million USD 

  • Number of employees - 770 

  • Founding year - 2014 

  • Location: United States 

Company description:AuditBoard: Transforming Risk Management for the Modern Era

AuditBoard is at the forefront of revolutionizing risk management for audit, risk, and compliance professionals through its cutting-edge, integrated platform. The solution actively involves front-line teams, pinpointing critical risks and elevating strategic decision-making in the ever-evolving landscape of risk management.

 

10. Kiteworks 

AWS Marketplace: Kiteworks

 

  • 2022 Revenue – 33.3 million USD 

  • Number of employees - 235 

  • Founding year - 1999 

  • Location: United States 

Company description: Kiteworks: Enhancing Risk Management for Sensitive Content

Kiteworks is dedicated to empowering organizations in mastering risk management concerning sensitive content. Our robust platform champions content governance, compliance, and safeguarding for valued customers. Seamlessly consolidating, monitoring, managing, and fortifying sensitive content within and outside the organization, our platform significantly improves risk control and ensures adherence to regulatory standards across all communications involving sensitive content.

 

11. Quantexa 

Quantexa - About-Fraud

  • 2022 Revenue – 28 million USD 

  • Number of employees - 647 

  • Founding year - 2016 

  • Location: United Kingdom 

Company description: Quantexa: Facilitating Informed Decision-Making through Data

Quantexa's Decision Intelligence Platform empowers organizations to effectively leverage data. By bridging data silos and illustrating complex relationships, it creates a unified data source for informed decision-making. This fosters a culture of confident decision-making at all organizational levels, enabling risk mitigation and opportunity exploration. With a global presence, including offices in London, New York, Singapore, and more, Quantexa is a trusted partner in building efficient and resilient organizations through data-driven insights.

 

 

12. Exiger 

Exiger | Partners

  • 2022 Revenue – 20 million USD 

  • Number of employees - 825 

  • Founding year - 2013 

  • Location: United States 

Company description: Exiger: Innovating Risk and Compliance Solutions

Exiger is revolutionizing risk and compliance management for corporations, government agencies, and banks on a global scale. With a mission to elevate global safety and transparency, we empower over 550 customers, including 150 in the Fortune 500 and 50+ government agencies, through state-of-the-art AI technology. Our expertise spans ESG, cyber, financial crime, and supply chain management, earning acclaim with over 40 AI, RegTech, and Supply Chain awards. Join us in shaping a safer, more accountable world for businesses to flourish.

 

 

13. BRYTER 

BRYTER - Crunchbase Company Profile & Funding

  • 2022 Revenue – 14.7 million USD 

  • Number of employees - 118 

  • Founding year - 2018 

  • Location: United States 

Company description: BRYTER: Leading the Way in No-Code Automation for Expert Knowledge

BRYTER takes the lead as the premier no-code platform, transforming the landscape of automating expert knowledge. This user-friendly toolbox empowers professionals to effortlessly create, manage, and deploy interactive applications without the need for coding expertise.Catering to global consulting firms, banks, corporations, and public administrations, BRYTER is at the forefront of ushering organizations into the digital age, enabling scalable services. Tailored for professionals in law, finance, tax, and compliance dealing with intricate, conditional, and scenario-driven content, BRYTER streamlines repetitive, standardized decision-making processes.

 

 

14. DataGuard 

DataGuard - Crunchbase Company Profile & Funding

  • 2022 Revenue – 11.1 million USD 

  • Number of employees - 224 

  • Founding year - 2018 

  • Location: Germany 

Company description: Enhance Your Data Security and Compliance with DataGuard.

DataGuard, your reliable Software-as-a-Service partner, specializes in privacy, information security, and compliance solutions. Our platform caters to over 3,000 mid-sized enterprises and corporates spanning across 50+ countries. Whether it's GDPR, CCPA, ISO 27001, or other certifications, we streamline regulatory compliance and information security. Our comprehensive approach significantly reduces costs and time associated with data protection, ensuring secure assets, compliance adherence, and trust-building. Backed by a global team of 250 professionals and with offices in Munich, Berlin, London, and Vienna, DataGuard empowers businesses to strengthen security, prevent breaches, and achieve their objectives.

 

 

15. Tigera 

Tigera Extends Strategic Partnership with Google Cloud to Secure Hybrid  Cloud Environments and Ease Compliance Reporting

  • 2022 Revenue – 6.5 million USD 

  • Number of employees - 128 

  • Founding year - 2016 

  • Location: United States 

Company description: Tigera: A Leading Provider of Container and Kubernetes Security.

Tigera is recognized as a prominent player in container and Kubernetes security, offering a distinctive active security platform. Additionally, we take pride in maintaining Calico Open Source, the world's most widely used container networking and security solution. Calico's impact spans over 100 million containers across 2 million nodes, reaching 166 countries, and is compatible with all major cloud providers and Kubernetes distributions.

 

 

16. Privacera 

Data Security, Access Control, Privacy Compliance - Privacera

  • 2022 Revenue – 4.8 million USD 

  • Number of employees - 137 

  • Founding year - 2016 

  • Location: United States 

Company description: Privacera: Enabling Data Governance in the Cloud.

Privacera takes the lead in facilitating data democratization by seamlessly integrating data access control, discovery, and encryption, ensuring strict compliance with regulations such as GDPR, CCPA, LGPD, and HIPAA. Established in 2016 by the visionaries behind Apache Ranger™ and Apache Atlas™, Privacera is recognized as the "Apache Ranger in the Cloud." Our centralized data access governance platform extends Apache Ranger's capabilities beyond traditional Big Data setups to encompass cloud-native services and analytics platforms like AWS, Azure, GCP, and Databricks. Empower your data usage while maintaining compliance with Privacera.

 

17. DataGrail 

Amid the Rapidly Evolving Privacy Landscape, DataGrail Raises $30 Million  Led by Felicis Ventures to Advance Brand Trust and Transparency

  • 2022 Revenue – 3.9 million USD 

  • Number of employees - 134 

  • Founding year - 2018 

  • Location: United States 

Company description: DataGrail: Enhancing Data Privacy and Fostering Customer Trust.

DataGrail advocates for a world where individuals reclaim control over their privacy and identity. Our privacy platform empowers modern brands to establish trust and transparency by simplifying data privacy. We enable brands to develop effective privacy programs that are scalable, automated, and compliant with regulations such as GDPR, CCPA, and CPRA. With over 2000 pre-built connections to popular apps, our DataGrail Integrations Network detects shadow IT, improving accurate data discovery. Trusted by Salesforce, Overstock, and others, DataGrail holds a 4.8/5 rating on G2. With support from top VCs and Okta Ventures, we are shaping a future centered around privacy.

 

18. HSI Donesafe 

HSI Donesafe (@donesafe) / X

  • 2022 Revenue – 3.5 million USD 

  • Number of employees - 69 

  • Founding year - 2013 

  • Location: Australia 

Company description: HSI Donesafe: Empowering Safety, Compliance, and Risk Management.

HSI Donesafe offers the rapidly growing, user-centric cloud-based safety platform. Effortlessly comply with regulations and nurture a safety-first culture by choosing from over 30 apps to create a customized solution for your organization. Donesafe seamlessly connects field workers with the management team, providing real-time access, data entry, and reporting for safety, compliance, and risk management. This modern platform is accessible on any device, even offline with iOS and Android apps. Trusted by industry leaders such as McDonald's, NAB, and Audi, Donesafe is the preferred software for both SMEs and Enterprises. Explore partnership opportunities with us today.

 

 

19. Hyperproof 

Automated Security & Compliance Software Built For Scale - Hyperproof

 

  • 2022 Revenue – 3 million USD 

  • Number of employees - 135 

  • Founding year - 2018 

  • Location: United States 

Company description: Hyperproof: Transforming Security Assurance and Compliance Operations.

Hyperproof, the leading security assurance and compliance operations platform, is revolutionizing work management. We empower individuals and organizations to optimize their compliance efforts, building trust internally and externally. Our platform simplifies security assurance and compliance operations for security-conscious companies, counting Motorola Solutions, Instacart, 3M, Digicert, Fortinet, Outreach, Highspot, and many others among its satisfied users.

 

20. Secureframe 

Marketplace | Hexnode

  • 2022 Revenue – 1.5 million USD 

  • Number of employees - 156 

  • Founding year - 2020 

  • Location: United States 

Company description:

Secureframe: Your Preferred Automated Compliance Platform.

Developed by compliance experts, Secureframe presents an automated compliance platform that is transforming risk and compliance management for businesses.

 

 

 

 

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