Melbourne, Australia. Following a successful global expansion throughout 2021, next-generation governance, risk and compliance (GRC) software provider, 6clicks, has raised a further A$5M.

This funding now brings the total investment in 6clicks to A$12.7M since launching in late 2019. This new funding will be directed at global expansion, product development and customer success.

In other exciting news, 6clicks has been added to the National Association of State Procurement Officials (NASPO) ValuePoint Cloud Solutions contract held by Quest Technology Management. The contract addition enables Quest to provide 6clicks’ GRC technology and platform capabilities to participating US states, local government and educational institutions to operationalise what often is a manual effort, thus reducing risk associated with duplication of effort and human error.

Further, 6clicks has just been listed as a leader in FinTech Global’s famous “RegTech100” list, identifying the most innovative technology providers that are offering products for compliance, risk management, information security and financial crime. After investment into RegTech skyrocketed in 2021, RegTech Analyst commissioned a panel of analysts and experts to assess 1,200 companies in order to settle on the best of the best. This list is a critical resource for risk and compliance practitioners around the world.

Following recent expansions into the U.K. and the U.S. and with hundreds of customers and partners worldwide, 6clicks is trusted by a range of private, government, listed and global customers and partners.

6clicks CEO Anthony Stevens commented, ‘We are delighted with the further investment to help support and grow the adoption of 6clicks which is now used by hundreds of businesses and advisors around the world’.

6clicks chair, Ian Buddery echoed the excitement, saying, ‘We closed the latest round from existing shareholders, over-subscribed in a matter of days, an indication of the support and confidence the company has earned from its investors. Recent growth in the US market is particularly exciting and points to an exciting future.’

About 6clicks  

6clicks offers a complete Risk and Compliance Operating System (SaaS platform) that revolutionises the way organisations mature their cyber security, data privacy, risk management and compliance capabilities.

The 6clicks platform suite includes a curated and customisable content library, award-winning risk review mobile app, GRC project workflow, requirements & question-based audit and assessment workflows, ground-breaking risk intelligence social network, world-first AI engine to automate manual processes, best-in-breed reporting and analytics and integration with over 3,000 apps used by businesses around the world every day.

6clicks’ direct customers and partners leverage the full Operating System easily and at a low cost. With offices across the United States, Australia and the U.K.

To find a 6clicks maestro near you and further information, visit 6clicks.com

Notes for Editors

• 6clicks was founded in 2019, by:
• Anthony Stevens, CEO. Former Partner and Chief Digital Officer at KPMG. Author of Chasing Digital: A Playbook for the New Economy
• Louis Strauss, Chief Product Officer. Former Product Analyst and Digital Consultant at KPMG. Author of Chasing Digital: A Playbook for the New Economy
• Andrew Robinson, Chief Security Officer. Former employee of the Australian Signals Directorate. Internationally recognised cyber and information security expert (policing, intelligence, counter-terrorism, cyber security).
• Q1 2020: AI research and Development Division Launched. Key partnerships formed in Australia and Singapore.
• Q2 2020: Expansion into India. Content partnerships formed with Peter Deans and Sam Carroll. Launch of 6cicks Risk Review for Teams mobile app (world first).
• Q3 2020: Launch of Hailey™ AI engine for compliance requirement mapping (world first). Successful $A2.2M cap raise. Appointment of Ian Buddery as Non-Exec Director.
• Q4 2020: Expansion into the United States. Launch of 6clicks Pulse (Risk and Compliance Intelligence Social Network). 
• Q1 2021: Expansion into the United Kingdom and UAE. Successful $A5.5M capital raise. Appointment of Steve Nola as Non-Exec Director. Commencement of key partnerships with CyberCX and Sayers Group.
• Q2 2021: Appointment of Matt Gyde as Non-Executive Director (based in US). Launch of 6clicks for Government in conjunction with Microsoft. Launch of Hailey for Privacy.
• Q3 2021: Launch of the 6clicks Academy, 6clicks Integrations & major expansion into the United States with the appointment of CRO Michelle Torrey-Teunissen, CTO Dr. Heather Buker and team.
• Q4 2021: Launch of 6clicks PixelPerfect™ PCI DSS compliance and RoC automation, Hub&Spoke™ Multi-entity GRC Architecture, AI-powered control to authority gap analysis.

What Makes 6clicks Unique

In a nutshell, the combination of three things that are all baked into the platform for a low price: 1) the content (the standards, laws, regulations, control sets, assessments), 2) the functionality – 6clicks has all the functionality you need for risk and compliance, and 3) Hailey, our artificial intelligence engine that cuts hours and days out of manual compliance mapping tasks.  Further, 6clicks is the only software on the market that has been designed from the ground up for advisors – streamlining the interaction between advisors and clients in providing services. 

The Analogy

Often referred to as the “Xero of Risk & Compliance” – 6clicks is designed to be used by both advisors and their clients. 

The Problem 6clicks Solves 

Globally, businesses are battling risk and compliance management with outdated methods and tools. As regulators and policymakers step up their game, companies desperately need to revolutionise the way they mature their cyber security, data privacy, risk management and compliance capabilities. Which means, they need to be able to leverage an integrated cloud solution powered by AI, all at low cost.

Global Market Size and Forecast 

According to Grand View Research, the global enterprise governance, risk and compliance market size was valued at USD 31.27 billion in 2019 and is expected to reach USD 88.48 billion by 2027

The market for GRC software revenue is also expected to acheve significant growth according to the latest forecast from IDC, showing global GRC software solution revenues growing from $11.3 billion in 2020, to nearly $15.2 billion in 2025. This is in spite of market dowturn concerns during the pandemic. 

Given the demand for solutions, IDC expects all categories of GRC to increase in revenue over the forecast period. The fastest growth will be in the business continuity and ESG/CSR categories, followed by compliance and risk management. Evolving categories, such as privacy, third-party risk management (TPRM), and environmental, health, and safety (EHS) are also expected to experience solid growth.

Global Traction to Date

6clicks has assumed partnerships with some of the biggest brands in the world including KWM (Mallesons), CyberCX, Pure.Security, BDO, InSync, Pitcher Partners, Korda Mentha, Sayers Group etc. In the US and UK we have major customers on our platform including Rathbones, a leading UK asset manager with over £49.4 billion under management.