RegAlytics Company Profile

Background

Overview:
RegAlytics, founded in 2019, specializes in delivering accurate, clean, and vetted daily regulatory data. The company's mission is to streamline the process of monitoring and managing regulatory changes, thereby reducing the time and cost associated with mitigating regulatory risks. By leveraging proprietary technology, RegAlytics gathers and structures data from over 5,000 regulators, offering comprehensive and customizable regulatory information.

Industry Significance:
Operating within the Media and Information Services (B2B) sector, RegAlytics plays a pivotal role in the RegTech industry by providing essential tools for businesses to navigate complex regulatory landscapes efficiently.

Key Strategic Focus

Core Objectives:

Comprehensive Regulatory Coverage: Monitor and deliver data from a vast array of regulatory bodies to ensure clients have access to the most current information.

Customization and Flexibility: Offer data in flexible formats that can be tailored to meet the specific needs of various organizations.

Integration Capabilities: Provide seamless integration with Governance, Risk, and Compliance (GRC) solutions through user interfaces and APIs.

Primary Markets:

RegAlytics primarily serves the financial services and insurance sectors, where staying abreast of regulatory changes is critical for compliance and operational efficiency.

Financials and Funding

Funding History:

Total Funds Raised: As of December 2023, RegAlytics has raised approximately $410,000 in seed funding.

Recent Funding Rounds:

March 2022: Secured $250,000 in seed funding.

December 2022: Completed another seed funding round.

December 2023: Raised additional seed funding from undisclosed investors.

Notable Investors:

Stride Growth Partners

First Rate (Software Company)

Springboard Enterprises

Utilization of Capital:

The capital raised has been directed towards enhancing the company's technological infrastructure, expanding regulatory coverage, and growing the team to support product development and customer service initiatives.

Technological Platform and Innovation

Proprietary Technologies:

RegAlytics employs proprietary technology designed to gather and structure regulatory data efficiently. This technology enables the company to provide daily updates from over 5,000 regulators, ensuring clients receive timely and relevant information.

Scientific Methodologies:

The platform utilizes advanced data analytics and machine learning algorithms to process and enrich regulatory data, enhancing its accuracy and relevance.

AI-Driven Capabilities:

By integrating artificial intelligence, RegAlytics can automate the monitoring of regulatory changes, reducing manual efforts and increasing the speed at which clients are informed of pertinent updates.

Leadership Team

Key Executives:

Mary Kopczynski: Co-Founder and Chief Executive Officer.

Aaron Heisler: Co-Founder and Chief Operating Officer.

Alexander Appugliese: Co-Founder and Chief Technology Officer & Regulatory Product Manager.

Andrew Clark: Chief of Staff.

Werner Pauliks: Co-Founder, Chief Experience Officer & Chief Strategy Officer.

Professional Backgrounds:

Mary Kopczynski: Brings extensive experience in regulatory compliance and legal services, leading the company's strategic vision and growth.

Aaron Heisler: Oversees operational strategies, ensuring efficient delivery of services and client satisfaction.

Alexander Appugliese: Leads technological development, focusing on enhancing the platform's capabilities and integration features.

Andrew Clark: Manages internal operations and supports strategic initiatives across departments.

Werner Pauliks: Focuses on user experience and strategic partnerships to drive the company's market presence.

Competitor Profile

Market Insights and Dynamics:

The RegTech market is experiencing significant growth, with global spending projected to reach $207 billion by 2028, up from $83 billion in 2023. This surge is driven by increasingly complex regulatory requirements and the adoption of technologies like AI and machine learning to enhance compliance processes.

Competitor Analysis:

RegAlytics operates in a competitive landscape with several notable players:

AuditBoard: Offers a connected risk platform designed to elevate teams and engage business front lines, leveraging a unified data core for risk management.

Visualping: Provides website change monitoring solutions, enabling users to track regulatory updates effectively.

Hyperproof: Delivers cloud-based compliance operations solutions, simplifying audit processes and evidence collection.

LogicGate Risk Cloud: Features a nimble and collaborative GRC solution, allowing for quick adaptation to changing regulations.

Corlytics: Specializes in regulatory risk intelligence, offering data-driven insights for effective risk management.

These competitors focus on various aspects of regulatory compliance, from risk management to compliance operations, each bringing unique technologies and methodologies to the market.

Strategic Collaborations and Partnerships

RegAlytics has established partnerships with investors such as Stride Growth Partners, First Rate (Software Company), and Springboard Enterprises. These collaborations have provided financial support and strategic guidance, enabling the company to enhance its technological capabilities and expand its market reach.