What is LogicGate?
Headquartered in Chicago, LogicGate provides a sophisticated GRC cloud solution designed to bridge the gap between complex compliance requirements and operational agility. By leveraging a no-code app builder and pre-built templates, the platform enables enterprises to operationalize their risk management programs with unprecedented speed. The company occupies a critical niche in the B2B SaaS market, specifically targeting the digital transformation needs of modern enterprises that require flexible, user-centric tools to navigate an increasingly volatile regulatory environment.
How much funding has LogicGate raised?
LogicGate has raised a total of $148.2M across 5 funding rounds:
Other Financing Round
$1.9M
Series A
$7.5M
Series B
$24.8M
Debt
$1M
Series C
$113M
Other Financing Round (2016): $1.9M with participation from Sandalphon Capital, Chicago Ventures, Hyde Park Venture Partners , MATH Venture Partners , Techstars Ventures , Firestarter Fund, OCA Ventures, and Connetic Ventures
Series A (2018): $7.5M led by Jump Capital
Series B (2019): $24.8M supported by Greenspring Associates, Silicon Valley Bank, High Alpha, and Jump Capital
Debt (2020): $1M featuring PPP
Series C (2021): $113M backed by PSG
Key Investors in LogicGate
Jump Capital
Jump Capital is a venture capital firm that invests in early-stage founders focused on solving challenges in fintech, application software, and infrastructure software.
Greenspring Associates
Greenspring Associates is a venture capital investment firm that serves as a lifecycle partner for fund managers and entrepreneurs across multiple stages, sectors, and geographies.
Chicago Ventures
Chicago Venture Partners is a private equity investment firm specializing in buyouts and late-stage growth equity, known for its diligent board-level involvement.
What's next for LogicGate?
With the support of its latest major strategic investment, LogicGate is well-positioned to accelerate its product roadmap and expand its market footprint. The company is expected to focus on deepening its platform capabilities, potentially integrating advanced analytics and automated reporting features to further reduce the burden on corporate IT departments. As the demand for streamlined GRC processes continues to rise, LogicGate's focus on no-code accessibility will likely serve as a primary competitive advantage, allowing it to capture a larger share of the enterprise software market while maintaining its commitment to user-driven innovation.
See full LogicGate company page