Protecht's $280 Million Leap: A New Era in Risk Management
March 26, 2025, 3:34 am
Location: Australia, New South Wales, Sydney
Employees: 201-500
Founded date: 1999
Total raised: $280M
In the fast-paced world of technology, a new player is making waves. Protecht, an Australian company specializing in governance, risk, and compliance (GRC) solutions, has secured a hefty $280 million investment from PSG Equity. This financial boost is not just a number; it’s a ticket to the future.
Protecht stands at the crossroads of innovation and necessity. The global risk management market is projected to soar to nearly $22 billion by 2029. With this investment, Protecht is poised to ride that wave. The company aims to enhance its offerings, particularly in artificial intelligence-driven risk management solutions. This is not just about numbers; it’s about transforming how businesses navigate the complex landscape of risk.
Founded in Sydney, Protecht has expanded its reach with offices in Los Angeles and London. Its flagship product, the Protecht ERM (Enterprise Risk Management) platform, is already trusted by organizations across various sectors, including government, financial services, and education. The platform empowers businesses to transition from outdated spreadsheets and manual processes to integrated, efficient systems. This shift is crucial in a world where data regulations are tightening and the stakes are higher than ever.
David Bergmark, the CEO and co-founder of Protecht, sees this investment as a significant milestone. It’s a stepping stone into a new phase of growth. With PSG’s operational expertise and resources, Protecht plans to scale globally. The vision is clear: to supercharge its offerings with AI, driving innovation and advancing the transformation of risk management.
The need for effective risk management solutions is palpable. With approximately 79% of global data under policy regulations and around 60% of companies lacking effective third-party risk management, the challenges are daunting. Protecht aims to empower businesses to navigate these complexities, making smarter and more resilient decisions. This investment is not just about growth; it’s about addressing a pressing need in the market.
PSG Equity, known for its focus on growth equity investments in software and technology-enabled services, sees potential in Protecht. The firm has a track record of backing over 150 companies and facilitating more than 520 add-on acquisitions. Their expertise in the software sector aligns perfectly with Protecht’s goals. PSG’s investment is a vote of confidence, a belief that Protecht can capitalize on the growing demand for innovative risk management solutions.
The partnership between Protecht and PSG is more than financial. It’s a collaboration aimed at innovation. With PSG’s support, Protecht plans to enhance its offerings and provide greater value to its clients. This is a crucial aspect of the investment. It’s not just about the money; it’s about leveraging expertise to drive transformation.
As the regulatory landscape becomes increasingly complex, businesses need tools that can help them adapt. Protecht’s solutions are designed to meet these challenges head-on. By transitioning from manual processes to automated systems, organizations can manage risk more effectively. This is where Protecht shines. It offers a holistic approach to risk management, integrating various aspects into a cohesive system.
The legal landscape surrounding investments is often intricate. In this case, AGC Partners served as the sole financial advisor to Protecht, while JWS acted as its legal advisor. PSG was advised by Baker & McKenzie and Weil, Gotshal & Manges. This network of advisors ensures that the investment is not only strategic but also compliant with legal standards.
Protecht’s journey is just beginning. With this investment, the company is set to enhance its capabilities and expand its reach. The focus on AI-driven solutions is particularly noteworthy. In a world where data is king, the ability to harness AI for risk management could be a game-changer. It’s about turning data into actionable insights, helping businesses navigate the murky waters of compliance and risk.
The implications of this investment extend beyond Protecht. It signals a shift in the industry. As more companies recognize the importance of effective risk management, the demand for innovative solutions will only grow. Protecht is well-positioned to lead this charge, thanks to its robust platform and the backing of PSG.
In conclusion, Protecht’s $280 million investment from PSG is more than just a financial transaction. It’s a strategic partnership aimed at revolutionizing risk management. As the company embarks on this new journey, it carries the weight of expectations. The road ahead is filled with opportunities, and Protecht is ready to seize them. With a clear vision and the right support, the future looks bright for this Australian tech company. The world of risk management is evolving, and Protecht is at the forefront of this transformation.
Protecht stands at the crossroads of innovation and necessity. The global risk management market is projected to soar to nearly $22 billion by 2029. With this investment, Protecht is poised to ride that wave. The company aims to enhance its offerings, particularly in artificial intelligence-driven risk management solutions. This is not just about numbers; it’s about transforming how businesses navigate the complex landscape of risk.
Founded in Sydney, Protecht has expanded its reach with offices in Los Angeles and London. Its flagship product, the Protecht ERM (Enterprise Risk Management) platform, is already trusted by organizations across various sectors, including government, financial services, and education. The platform empowers businesses to transition from outdated spreadsheets and manual processes to integrated, efficient systems. This shift is crucial in a world where data regulations are tightening and the stakes are higher than ever.
David Bergmark, the CEO and co-founder of Protecht, sees this investment as a significant milestone. It’s a stepping stone into a new phase of growth. With PSG’s operational expertise and resources, Protecht plans to scale globally. The vision is clear: to supercharge its offerings with AI, driving innovation and advancing the transformation of risk management.
The need for effective risk management solutions is palpable. With approximately 79% of global data under policy regulations and around 60% of companies lacking effective third-party risk management, the challenges are daunting. Protecht aims to empower businesses to navigate these complexities, making smarter and more resilient decisions. This investment is not just about growth; it’s about addressing a pressing need in the market.
PSG Equity, known for its focus on growth equity investments in software and technology-enabled services, sees potential in Protecht. The firm has a track record of backing over 150 companies and facilitating more than 520 add-on acquisitions. Their expertise in the software sector aligns perfectly with Protecht’s goals. PSG’s investment is a vote of confidence, a belief that Protecht can capitalize on the growing demand for innovative risk management solutions.
The partnership between Protecht and PSG is more than financial. It’s a collaboration aimed at innovation. With PSG’s support, Protecht plans to enhance its offerings and provide greater value to its clients. This is a crucial aspect of the investment. It’s not just about the money; it’s about leveraging expertise to drive transformation.
As the regulatory landscape becomes increasingly complex, businesses need tools that can help them adapt. Protecht’s solutions are designed to meet these challenges head-on. By transitioning from manual processes to automated systems, organizations can manage risk more effectively. This is where Protecht shines. It offers a holistic approach to risk management, integrating various aspects into a cohesive system.
The legal landscape surrounding investments is often intricate. In this case, AGC Partners served as the sole financial advisor to Protecht, while JWS acted as its legal advisor. PSG was advised by Baker & McKenzie and Weil, Gotshal & Manges. This network of advisors ensures that the investment is not only strategic but also compliant with legal standards.
Protecht’s journey is just beginning. With this investment, the company is set to enhance its capabilities and expand its reach. The focus on AI-driven solutions is particularly noteworthy. In a world where data is king, the ability to harness AI for risk management could be a game-changer. It’s about turning data into actionable insights, helping businesses navigate the murky waters of compliance and risk.
The implications of this investment extend beyond Protecht. It signals a shift in the industry. As more companies recognize the importance of effective risk management, the demand for innovative solutions will only grow. Protecht is well-positioned to lead this charge, thanks to its robust platform and the backing of PSG.
In conclusion, Protecht’s $280 million investment from PSG is more than just a financial transaction. It’s a strategic partnership aimed at revolutionizing risk management. As the company embarks on this new journey, it carries the weight of expectations. The road ahead is filled with opportunities, and Protecht is ready to seize them. With a clear vision and the right support, the future looks bright for this Australian tech company. The world of risk management is evolving, and Protecht is at the forefront of this transformation.