MetricStream Valuation, Funding & Investors
MetricStream is valued at $478M as of November 2017.
Last MetricStream valuation
$478M
Undisclosed stage · Nov 2017
Last MetricStream funding round
$65M
Undisclosed stage · Nov 2017
Cumulative funding MetricStream raised
$173M
across 4 funding rounds
Key investors in MetricStream
Goldman Sachs
Sageview Capital
EDBI
Kaiser Permanente Ventures
Clearlake Capital
About MetricStream
MetricStream is a Palo Alto-headquartered SaaS provider of integrated governance, risk, and compliance platforms serving over dozens of industries worldwide. The company's solutions connect risk management, regulatory compliance, vendor oversight, and quality processes across extended enterprises. MetricStream platforms support hundreds of thousands of users in streamlining audits, policy management, and operational resilience for Fortune 500 companies and global banks.
Founded
1999
HQ
San Francisco, CAWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$478M (Nov 2017)
MetricStream Valuation
MetricStream is currently valued at $478M, based on its undisclosed-stage round in November 2017.
The $65M round was led by Clearlake Capital, with participation from Goldman Sachs, Sageview Capital and EDBI.
MetricStream valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2017 | Undisclosed stage | $478M |
MetricStream Funding History
MetricStream has raised a total of $173M across 4 funding rounds.
MetricStream's first fundraising round was a $400K pre-seed round in May 2013. The most recent completed round was a $65M undisclosed-stage round in November 2017.
MetricStream funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2017 | Undisclosed stage | Clearlake Capital (lead); Goldman Sachs; Sageview Capital; EDBI | $65M | $478M | MetricStream is the independent market leader in enterprise and cloud applications for Governance, Risk, and Compliance (GRC) and Quality Management, serving hundreds of thousands of users across industries like Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech, and Manufacturing. Headquartered in Palo Alto, California, with an operations and R&D center in Bangalore, India, and sales support in 12 other cities globally, the company strengthens risk management, corporate governance, regulatory compliance, vendor governance, and quality management. On November 6, 2017, MetricStream completed a $65 million financing round led by Clearlake Capital, with participation from EDBI (a Singapore-based global fund) and existing investors including Goldman Sachs and Sageview Capital. Prashant Mehrotra, Partner at Clearlake Capital, joined the board in conjunction with the transaction. The funding is intended to accelerate MetricStream's global growth, enhance customer support and success, expand into Asia through Singapore, drive innovation in the industry, and boost adoption of its latest product, M7—a fourth-generation GRC technology and platform supporting apps for risk management, compliance, audit, IT security, third-party management, and other GRC needs. CEO Shellye Archambeau highlighted the shift in organizations viewing risk as a performance and decision-making input, positioning MetricStream as a strategic long-term technology partner to preserve corporate integrity and protect brands. Prashant Mehrotra noted the rising demand for integrated and scalable GRC solutions amid enterprises implementing risk management programs to mitigate uncertainty's impact on business performance, praising MetricStream's customer success focus and product innovation. |
| Sep 2014 | Undisclosed stage | Sageview Capital (lead); Kaiser Permanente Ventures; Goldman Sachs | $60M | - | MetricStream, a Palo Alto-based provider of Governance, Risk, and Compliance (GRC) solutions, raised $60 million in a Series F (or strategic) funding round on September 4-6, 2014, led by Sageview Capital with participation from existing investors Goldman Sachs and Kaiser Permanente Ventures. The financing was aimed at accelerating product development, innovation in core GRC apps and cloud offerings, expanding global field presence, strengthening partnerships with consulting firms, system integrators, and resellers, and scaling channel initiatives including partner enablement and MetricStream University training programs. Ned Gilhuly, Co-Founder and Managing Partner of Sageview Capital, joined MetricStream's Board of Directors as part of the investment. MetricStream's platform supports pervasive GRC, embedding governance and risk management into business processes across industries and company sizes, with strong adoption among Fortune 500 enterprises and mid-market leaders. CEO Shellye Archambeau highlighted the investment's role in advancing innovation and market leadership, while Executive Chairman Gunjan Sinha emphasized extending leadership in GRC. Sageview's Gilhuly cited MetricStream's visionary outlook and customer success as key factors in the investment decision. The company continued raising capital in subsequent years, including Series G rounds in 2017 totaling over $65M from Clearlake Capital Group, Goldman Sachs, Sageview Capital, and EDBI, bringing total funding to approximately $186.72M across 10 rounds by 2017. |
| Jul 2013 | Undisclosed stage | - | $48M | - | MetricStream provides Governance, Risk, and Compliance (GRC) software solutions, serving Fortune 500 clients like Procter & Gamble, UBS, Pfizer, and Philips across industries including financial services, healthcare, and manufacturing. A $60M Series F round on September 4, 2014 led by Sageview Capital with Goldman Sachs and Kaiser Permanente Ventures, used for product development, innovation, global expansion, and channel partnerships. 2017 rounds totaling $65M ($40.35M Series G in March and $25M Series G-II in October/November) led by Clearlake Capital with EDBI and existing investors like Goldman Sachs. |
| May 2013 | Pre-seed | Goldman Sachs | $400K | - | - |
Who has invested in MetricStream?
5 investors have backed MetricStream across its funding rounds, including Goldman Sachs, Sageview Capital, EDBI, Kaiser Permanente Ventures and Clearlake Capital.
Lead investors include Clearlake Capital and Sageview Capital.
MetricStream Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| New York City, NY | 3 | Participant | May 2013 | |
| San Francisco, CA | 2 | Lead | Sep 2014 | |
| San Francisco, CA | 1 | Participant | Sep 2014 | |
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Start Free TrialCommon questions about MetricStream
| When was MetricStream founded? | MetricStream was founded in 1999. |
| Where is MetricStream headquartered? | MetricStream is headquartered in San Francisco, CA, United States. |
| Is MetricStream publicly listed? | No, MetricStream is a private, VC-backed company. |
| What is MetricStream's valuation? | MetricStream was last valued at $478M in its undisclosed-stage round in November 2017. |
| How much funding has MetricStream raised? | MetricStream has raised $173M across 4 funding rounds. |
| What was MetricStream's last funding round? | MetricStream's last funding round was a $65M undisclosed-stage round in November 2017, led by Clearlake Capital. |
| Who are MetricStream's investors? | MetricStream's investors include Goldman Sachs, Sageview Capital, Kaiser Permanente Ventures, Clearlake Capital and EDBI. |
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