Illustration: three stacked layers with audit, compliance, and risk cards on top, connected services in the middle, and servers below.

Key figures

AuditBoard’s valuation in Hg’s 2024 acquisition agreement
$3B+
layers changed: customer workflows, service APIs, and infrastructure
3

Where the work sat

  1. Customer workflows

    • Audit
    • Compliance
    • Risk

  2. Service APIs

    • Workflow and data services

  3. Infrastructure

    • Deployment systems
Changes crossed all three layers inside a larger engineering organization, where audit data and workflows had to stay correct.

Operating problem

Audit and compliance products carry reliability, workflow, and data expectations that do not tolerate prototype-grade implementation.

What changed

The work crossed customer workflows, service boundaries, and deployment systems while remaining maintainable inside a larger engineering organization.

System scope

  • Application workflows
  • Service APIs
  • Infrastructure contribution
  • Production maintainability

Technical constraints

  • Preserve workflow and data correctness inside consequential audit, compliance, and risk operations.
  • Coordinate application, API, and infrastructure changes inside a larger enterprise product environment.

Evidence

Acquisition
Hg agreed to acquire AuditBoard in 2024 at a valuation above $3 billion.

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