#Laika compliance software#
#Laika compliance series#

Morgan Global Alternatives offers strategies across the alternative investment spectrum including real estate, private equity and credit, hedge funds, infrastructure, transportation and liquid alternatives. With more than 50 years as an alternatives investment manager, $191 billion in assets under management and more than 600 professionals (as of June 30, 2021), J.P. Morgan Global Alternatives, the alternative investment arm of J.P. Morgan Private Capital provides customized financing solutions for private companies across the capital structure and is comprised of a growth equity arm and a private debt business. Morgan Growth Equity Partners is the technology focused late stage venture and growth equity investment arm within J.P Morgan Private Capital. Laika was founded by Austin Ogilvie and Sam Li, both two-time founders and Y Combinator alumni, and industry veteran Eva Pittas, who oversaw global risk and compliance functions at Citigroup for 20 years. Get certified faster, close bigger deals, and build scalable security practices that stand the test of any audit. With Laika's software-and-expert services, it has never been easier to implement, maintain, and demonstrate compliance. Laika helps businesses manage compliance, obtain security certifications, and build trust in the marketplace. Morgan Growth Equity Partners, will serve as a board observer to the Laika Board of Directors. Morgan Private Capital in June 2021 to lead the newly-established Growth Equity Partners. Morgan Private Capital, will be joining Laika's Board of Directors. In addition to the new funding, Christopher ('Topher') Dawe, Managing Partner and Head of Growth Equity Partners at J.P. The opportunity to help customers overcome these challenges is really exciting to us,' said Austin Ogilvie, founder of Laika.

#Laika compliance software#

This amounts to an untenable operating environment for virtually all software companies who lack the domain expertise to understand all compliance requirements let alone the ability to satisfy them all. 'Compliance is very complex with many nuances across geographic and industry lines. Laika currently has 100 employees and expects to grow headcount by approximately 120 in the next 12 months, with a focus on building out its Sales and CX teams to support customers on the West Coast and Asia-Pacific region. The company has achieved 4.5x ARR growth YOY, including 3.9x YOY customer growth over 50% of customers have upgraded to the company's Laika+ offering.

#Laika compliance series#

We are pleased to have led their Series B funding round and will bring the resources of the firm to help the business scale.'

Morgan has a deep appreciation for the complexities of the compliance function and we saw a huge opportunity for Laika to address the pain points in the industry. 'As a firm that works with thousands of vendors, J.P.

'Laika's unified compliance-as-a-service platform is well positioned to take advantage of demand for compliance services and help bring transparency and automation to its customers,' said Christopher Dawe, Managing Partner and Head of Growth Equity Partners.