Archer
Integrated risk management software covering enterprise and operational risk, IT and security risk, compliance, audit, third-party governance and operational resilience.
- Categories
- GRC and compliance automation, Third-party risk and security ratings, Compliance audits (SOC 2, ISO 27001)
- Based in
- Overland Park, United States
- Ownership
- Owned by Cinven since 2023
- Certifications
- SOC 2, ISO 27001
About Archer
Archer sells governance, risk and compliance software. Its platform is a system of record for risk, compliance and audit data, and it is used by large enterprises and government agencies. The company says more than 1,500 organisations run on Archer, including half of the Fortune 500 and many of the top global banks. Archer Evolv adds AI to the existing GRC programme. It scans regulatory sources, pulls obligations out of regulatory text, maps them to controls and policies, and keeps evidence linked to each obligation. The work runs on the customer's current Archer platform, on premises or as SaaS, so no migration is needed. Digital workers carry out tasks within the customer's permissions and audit trail. Archer also covers third-party risk, IT and security risk, operational risk, resilience and audit. It sells to financial services firms, public sector agencies and other regulated organisations.
Products
- Archer EvolvAn AI layer that connects regulatory obligations, controls, policies and evidence inside an existing GRC programme.
- Archer GRCThe core platform that holds risk, compliance and audit data, workflows, permissions and history.
- Archer Evolv WorkplaceA workspace where digital workers carry out governed GRC tasks.
Ownership and deals
- Archer acquired Compliance.aiReport on Archer buying Compliance.ai (opens in a new tab)
- Cinven acquired ArcherReport on Cinven buying Archer (opens in a new tab)
Acquisitions come from SecurityWeek's monthly M&A round-ups from 2021 onwards, from Cybersecurity Ventures' quarterly M&A reports for 2020, and a few from Wikipedia lists. Funding rounds from 2022 onwards come from Return on Security's weekly Security, Funded newsletter. These are dated to the month. A few deals added from the news are dated to the day. Smaller deals may be missing. Amounts are in US dollars.