Spotlight on: Exterro


Developer of governance, risk management and compliance (GRC) software designed for corporations, law firms, government and law enforcement agencies. The company’s software and comprehensive platform automate the complex interconnections of privacy, legal operations, digital investigations, cybersecurity response, compliance and information governance, enabling users to automate the legal hold process, manage custodians’ data sources, streamline collection workflow, facilitate vendor relations and track review and production processes.

Most Recent Financing Status (as of 26-Jul-2022)

The company received an undisclosed amount of development capital from Coller Capital, Glendower Capital, Leeds Equity Partners, GCM Grosvenor, its management and other investors on July 25, 2022. The transaction values the company at an estimated $1 billion. As a result of the transaction, the company was recapitalized. The company will utilise the capital to grow its GRC portfolio through mergers and acquisitions and product development and will also develop new initiatives for law firms and service providers and grow its product for digital forensics and target global expansion.

Founder: Bobby Balachandran

HQ Location: Beaverton, OR

Employees: 600

Total Raised to Date: $1.36B

Growth Rate: 0.67% Median (96th percentile)

Size Multiple: 36.3x Median (97th percentile)

Institutional Investors:

  • Coller Capital
  • GCM Grosvenor
  • Glendower Capital
  • Leeds Equity Partners

To learn more about Exterro, visit their website or follow them on LinkedIn or Twitter.

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Kristin Calve

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