Optro (formerly AuditBoard)

Audit, risk, infosec and compliance platform owned by Hg; renamed in 2026

Overview

Optro is the name AuditBoard adopted on 9 March 2026; the company said the change reflected a platform that had grown beyond its original audit focus[15]. Its home page describes Optro as “formerly AuditBoard” and says it is trusted by more than half of the Fortune 500[14]. In May 2024 private-equity firm Hg agreed to acquire AuditBoard in a deal valuing it at more than US$3 billion; at the time AuditBoard had over 2,000 customers[16]. The product line covers four solution areas: audit, risk, information security and compliance. Named modules include Controls Management, Autonomous Testing, AI Governance, OpsAudit, BCM, CrossComply, RiskOversight, RegComply, TPRM and Agentic Compliance[14]. CrossComply is the compliance module that maps controls across frameworks; RegComply handles regulatory change; OpsAudit is the internal audit application, and SOX programmes are the company’s historic core. In 2026 the company also announced the acquisition of FairNow, an AI governance product[15]. Optro is aimed at second- and third-line teams in large organisations rather than at start-ups preparing a first SOC 2 report, and the transition from the AuditBoard brand means some product links still point to legacy domains[14].

Optro (formerly AuditBoard) features

  • OpsAudit internal audit management
  • SOX controls management
  • Autonomous control testing
  • CrossComply IT compliance
  • RiskOversight enterprise risk
  • AI governance (FairNow acquisition)
  • Agentic Compliance
  • SOX controls management and autonomous testing

Optro (formerly AuditBoard) pricing

Quote-based; no prices published.

Optro (formerly AuditBoard) strengths and limitations

Strengths

  • Strong internal audit and SOX workflows
  • Autonomous testing and agentic features
  • Connected data model across audit, risk and compliance
  • Deep internal audit and SOX functionality
  • Integrated audit, risk, infosec and compliance data model
  • Used by more than half of the Fortune 500 (company figure)

Limitations

  • New brand may confuse procurement records
  • No published pricing
  • Heavier than startup compliance-automation tools
  • Oriented to large enterprises; heavy for small companies
  • Rebrand leaves legacy AuditBoard domains in use
  • Less focused on automated cloud evidence than start-up tools

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