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Protecht is a technology company.
Protecht develops comprehensive governance, risk, and compliance (GRC) software solutions. The platform provides businesses with integrated tools for enterprise risk management, regulatory compliance, and operational resilience. Its technology centralizes diverse risk data, offering a holistic view and leveraging capabilities like artificial intelligence to streamline processes and deliver actionable insights for proactive risk mitigation.
The company was co-founded by David Tattam and David Bergmark, driven by a shared vision to redefine how organizations approach and manage risk. Their foundational insight recognized the critical need for a unified, intelligent system that could help businesses not only identify but also proactively address complex challenges across their operations. Tattam, an established GRC thought leader, was instrumental in shaping this transformative perspective.
Protecht serves a global clientele of enterprises seeking to simplify intricate risk and compliance landscapes. The company's overarching mission is to empower organizations worldwide to achieve their strategic objectives by enhancing their ability to anticipate, understand, and mitigate potential threats. It aims to transform how businesses integrate risk intelligence into daily operations, fostering greater resilience and sustained success.
Protecht has raised $318.0M across 3 funding rounds.
Protecht has raised $318.0M in total across 3 funding rounds.
Protecht has raised $318.0M in total across 3 funding rounds.
Protecht's investors include PSG, IA Capital Group, Drew Aldrich, iNovia Capital, Yee Lee.
# Protecht: Enterprise Risk Management Pioneer
Protecht is an enterprise risk management (ERM) software company that provides organizations with comprehensive solutions for managing risks, compliance, and operational resilience.[1][2] Founded in 1999 and headquartered in Sydney, Australia, with offices in Los Angeles and London, Protecht serves banking, fintech, insurance, government, education, and aged care sectors.[1][2] The company's flagship product, Protecht ERM, is a cloud-based SaaS platform that enables organizations to manage the full risk lifecycle through no-code web forms, workflow automation, and customizable dashboards.[2][3]
Beyond software, Protecht differentiates itself by combining training, advisory, and consulting services to help organizations build risk management capabilities and culture.[2][4] With over 200 employees and more than 20 years of operational history, the company has established itself as a leader in the GRC (Governance, Risk, and Compliance) software space, recognized for strong client retention and innovation.[1][2]
Protecht was founded in 1999 by David Tattam and David Bergmark, two former PwC colleagues with backgrounds in finance, accounting, and audit.[3][4] The company's name emerged from a taxi brainstorm session between co-founder David Tattam and his wife, combining "Protection" and "Technology" to reflect the company's mission.[4]
In the early 2000s, recognizing gaps in how the sector addressed risk management, Tattam and Bergmark began innovating their own solutions.[4] Tattam focused on risk expertise and training, while Bergmark leveraged technology to deliver risk management solutions.[4] This complementary skill set—combining deep domain knowledge with technical capability—became foundational to Protecht's approach of treating risk management not merely as a software problem but as a holistic business transformation challenge.
Protecht operates at the intersection of two powerful trends: regulatory complexity and digital transformation in enterprise risk management. As organizations face increasingly stringent compliance requirements, cyber threats, and operational disruptions, the demand for integrated risk management platforms has accelerated. Traditional approaches relying on spreadsheets and disconnected systems have become untenable for regulated industries.
Protecht's timing is advantageous because it addresses a market shift toward consolidation and automation in GRC software. Rather than maintaining separate tools for compliance, audit, and risk, enterprises increasingly seek unified platforms that reduce operational friction and provide real-time visibility. The company's emphasis on no-code configuration also aligns with broader enterprise software trends favoring accessibility and reduced implementation complexity.
By combining software with advisory services, Protecht influences the ecosystem by raising standards for what enterprise risk management should encompass—moving beyond point solutions toward holistic, people-centric risk cultures. This positions the company as a thought leader, not just a vendor.
Protecht is well-positioned to capitalize on the growing market for integrated GRC solutions, particularly as regulated industries prioritize operational resilience and digital risk management.[1][2] The company's recent investment of $US280 million signals strong investor confidence and resources for global expansion.[3]
Looking ahead, Protecht's trajectory will likely be shaped by AI-enhanced capabilities (the company has already integrated AI into its platform to accelerate risk assessment and decision-making), vertical deepening in high-value sectors like financial services and government, and geographic expansion beyond its current APAC, EMEA, and North American presence.[5] The competitive landscape includes established players like MetricStream and Archer, but Protecht's combination of technical sophistication, advisory depth, and client-centric approach suggests sustained differentiation.
The broader question for Protecht is whether it can maintain its position as enterprises increasingly demand AI-driven predictive risk management and real-time resilience monitoring—areas where the company's foundation in both technology and domain expertise provides a competitive advantage.
Protecht has raised $318.0M across 3 funding rounds. Most recently, it raised $280.0M Other Equity in March 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 24, 2025 | $280.0M Other Equity | PSG | |
| Feb 14, 2022 | $30.0M Series A | ||
| Sep 1, 2018 | $8.0M Series A | IA Capital Group, Drew Aldrich | iNovia Capital, Yee Lee |