- Thoropass is a next-generation IT audit firm based in New York, specializing in AI-powered automation for compliance and audit processes, and has been recognized as one of the fastest-growing private companies in America with a 351% growth rate over three years as per the 2025 Inc. 5000 list.
- In the past year, Thoropass raised $35 million in a Series B funding round led by JPMorgan, and launched Smart Sort AI, a feature that streamlines the audit preparation process by transforming GRC exports into audit-ready evidence.
- The company has established partnerships with major investors such as PayPal Ventures and Bain Capital Ventures, and its innovative solutions are being utilized by security and compliance teams across various sectors to enhance audit efficiency.
- Thoropass's ideal buyers are security and compliance teams in organizations facing challenges with manual audit processes, as their solutions significantly reduce preparation time and errors, making them a compelling option for businesses looking to modernize their compliance efforts.
Thoropass maintains a diverse departmental structure with a total of 10 departments. The largest department is Sales, comprising 28 employees, followed closely by Community and Social Services with 20 employees. Engineering, with a headcount of 19, also plays a critical role in the organization. The balanced distribution across departments, including Operations and Executive, indicates a well-rounded approach to functional capabilities.
The company operates across 28 locations, with a significant concentration in New York, NY, which houses 20 employees. Other notable locations include Atlanta, GA, with 3 employees, and several cities like Boston, MA, and Raleigh, NC, each contributing 2 employees. The large category of 'Other,' accounting for 76 employees, suggests a distributed workforce model, emphasizing remote work and flexibility in geographic presence.
