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- Protecht
Protecht Funding, Investors & Competitors
Protecht has raised $311M across 2 funding rounds, most recently a $280M undisclosed-stage round in March 2025.
Last Protecht funding round
$280M
Undisclosed stage · Mar 2025
Cumulative funding Protecht raised
$311M
across 2 funding rounds
Key investors in Protecht
PSG Equity
Arrowroot Capital Management
About Protecht
Protecht is an Australia-headquartered risk management software provider serving global enterprises, governments, and regulators. The company offers ERM platforms for compliance, audit, incident reporting, and training, deployed in 70 countries. With 20+ years of operation, Protecht's Protecht.ERM integrates GRC workflows and supports ISO 31000 standards for clients like major banks and utilities.
Founded
1999
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Protecht Funding History
Protecht has raised a total of $311M across 2 funding rounds.
Protecht's first fundraising round was a $31M Series A in February 2022. The most recent completed round was a $280M undisclosed-stage round in March 2025.
Protecht funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2025 | Undisclosed stage | PSG Equity (lead) | $280M | Protecht Group is an Australian-based leader in governance, risk, and compliance (GRC) software, offering AI-driven enterprise risk management, compliance, training, and advisory services to businesses, regulators, and governments worldwide, with offices in Sydney, Los Angeles, and London. The company serves industries including government, financial services, and education. On March 25, 2025, Protecht announced a US$280 million growth equity investment from PSG Equity, a US-based firm specializing in software and technology-enabled services companies. The investment, valued at approximately AUD 445-446 million, supports global expansion, product development, AI enhancements, and scaling operations. PSG acquired a majority stake from prior investor Arrowroot Capital, which had provided a $30 million Series A in 2022 to fuel US market entry. Protecht's CEO David Bergmark highlighted the partnership's role in supercharging AI-driven risk transformation and navigating regulatory complexities. PSG Managing Director Adam Marcus noted Protecht's strong client retention and positioning in the global risk management market, projected to reach nearly US$22 billion by 2029. Advisors included AGC Partners as financial advisor to Protecht, Baker McKenzie and Weil, Gotshal & Manges for PSG, and JWS for Protecht. This marks PSG's largest investment in Australia to date, underscoring the appeal of Australian software firms to global investors. |
| Feb 2022 | Series A | Arrowroot Capital Management (lead) | $31M | Protecht Group Holdings Pty Ltd is an Australian enterprise risk management software and services provider founded in 1999 and based in Sydney. The company specializes in SaaS solutions in the governance, risk and compliance (GRC) market, serving over 300 clients globally across APAC, EMEA, and North America regions with products including its flagship Protecht ERM platform. In February 2022, Protecht secured AUD $42 million (USD $30 million) in Series A funding from Arrowroot Capital, a California-based growth equity firm focused on B2B software investments. The capital was designated to accelerate product development, expand service delivery, and support international expansion, particularly into new markets and verticals. Following the Arrowroot investment, Protecht successfully entered the U.S. market, secured customers in financial services, and expanded its EMEA operations. The company later raised additional funding from MARS Growth Capital (USD $12M) and subsequently received a USD $280 million growth investment from PSG Equity in 2025, at which point Arrowroot Capital exited its position. The PSG investment represented a majority stake acquisition that positioned Protecht for its next growth phase under private equity backing. |
Who has invested in Protecht?
2 investors have backed Protecht across its funding rounds, including PSG Equity and Arrowroot Capital Management.
Lead investors include PSG Equity and Arrowroot Capital Management.
Protecht Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Protecht investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Protecht
Protecht has acquired 1 company to date.
Last acquisition by Protecht was on April 19th 2026. Protecht acquired VISO TRUST for undisclosed valuation.
Latest Acquisitions by Protecht
| Description | VISO Trust is a San Francisco-based SaaS platform for third-party cyber risk management. It aggregates vendor security data from questionnaires, certifications, and scans to enable risk scoring and compliance tracking for enterprises evaluating suppliers. |
| HQ Country | |
| HQ City | San Francisco, CA |
| Deal Date | 19 Apr 2026 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Protecht acquisitions and their M&A valuation multiples. Start Free Trial | |
Protecht Competitors
Protecht competitors include listed companies like Verisk Analytics, HCLTech, Elm and SMS, and private ones like MegazoneCloud and EcoVadis.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3.1B | $1.7B | $23B | 8.5x | ||
| Publicly listed | $14B | $2.7B | $35B | 2.3x | ||
| Publicly listed | $2.5B | $661M | $13B | 4.4x | ||
| Private | - | - | $1.8B | - | ||
| Publicly listed | $416M | ($63M) | $1.4B | 3.2x | ||
| Private | $115M | - | $1B | 8.7x |
Protecht Public Comps
Protecht is still privately-owned, but its public comps include Accenture, HCLTech, Experian, Cognizant, Verisk Analytics, Capgemini, Equifax, Nomura Research Institute, Leidos and Bureau Veritas.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $70B | $12B | 1.7x | 1.6x | 10.1x | 8.4x | |||
| $14B | $2.7B | 2.4x | 2.3x | 12.2x | 11.1x | |||
| $8.4B | $3B | 4.5x | 4.4x | 12.7x | 12.1x | |||
| $21B | $4B | 1.4x | 1.3x | 7.3x | 7.2x | |||
| $3.1B | $1.7B | 8.8x | 8.5x | 16.2x | 15.1x | |||
| $26B | $3.4B | 1.1x | 1.1x | 8.6x | 6.8x | |||
| $6.1B | $1.8B | 4.0x | 3.7x | 13.3x | 11.7x | |||
| $5.2B | $704M | 3.5x | 3.5x | 26.2x | 17.6x | |||
This data is available for Pro users. Sign up to see all Protecht competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Protecht
| When was Protecht founded? | Protecht was founded in 1999. |
| Where is Protecht headquartered? | Protecht is headquartered in Sydney, Australia. |
| Is Protecht publicly listed? | No, Protecht is a private, VC-backed company. |
| How much funding has Protecht raised? | Protecht has raised $311M across 2 funding rounds. |
| What was Protecht's last funding round? | Protecht's last funding round was a $280M undisclosed-stage round in March 2025, led by PSG Equity. |
| Who are Protecht's investors? | Protecht's investors include Arrowroot Capital Management and PSG Equity. |
| Which companies are comparable to Protecht? | Companies comparable to Protecht include Verisk Analytics, HCLTech, Elm, MegazoneCloud, SMS and EcoVadis. |
| How many companies has Protecht acquired? | Protecht has acquired 1 company, including VISO TRUST. |
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