Paramify
Founded 2022 · 90 employees on LinkedIn · 3 known investors
Paramify provides software for generating audit-ready security documentation and continuously monitoring compliance with half the cost and 90% faster execution. The platform serves organizations managing FedRAMP compliance and enterprise risk management through integrations with existing tools like Jira and ServiceNow.
Founders & leadership
Paramify was founded in 2022 by Kenny Scott.
KS
Kenny ScottinFedRAMP 20x Moderate Authorized, Founder & CEO
Investors · 3
Funding
SEC filings, press & company announcements$12M disclosed across 1 of 3 rounds · 2024–2026
- Undisclosed amountSeries AJan 2026Source ↗
- $12MSeries ADec 2025 · 2 sourcesSource ↗
- Undisclosed amountSeed RoundAug 2024Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 7
by search overlap
Secureframe285 shared keywordsSecureframe provides a compliance automation platform that helps enterprises maintain security and compliance posture with common controls mapping across multiple frameworks. The platform uses AI and automation to reduce manual compliance work for organizations managing standards like SOC 2, ISO 27001, and HIPAA.
Kiteworks209 shared keywordsKiteworks provides a single-tenant virtual appliance that governs how employees and AI agents access, use, and share sensitive data under unified identity, policy, encryption, and audit controls across channels like email, file sharing, managed file transfer, SFTP, and AI agent access. It targets enterprises with regulatory compliance needs (HIPAA, CMMC, GDPR, PCI-DSS, IRAP, FedRAMP) in the data security and governance category.
PreVeil138 shared keywordsPreVeil provides secure communication and file-sharing platforms for business and personal use, built on a different security paradigm than traditional data protection approaches. The company serves enterprises and organizations, particularly those with compliance and cybersecurity requirements.
Hyperproof117 shared keywordsHyperproof is a governance, risk, and compliance (GRC) platform that automates compliance management and audit workflows for organizations. It serves companies seeking to streamline GRC operations and demonstrate compliance to stakeholders.
Upguard101 shared keywordsUpGuard provides a platform for managing cybersecurity risk, including third-party vendor and supply chain risk assessment. It is aimed at organizations seeking to evaluate and monitor the security posture of their vendors.
Centraleyes100 shared keywordsCentraleyes offers an AI-powered cyber risk register and GRC platform that links risks to controls, compliance frameworks, evidence, remediation, vendor oversight, and executive reporting. It targets security, IT risk, compliance, and audit teams looking to run risk assessments and manage the full GRC lifecycle.
Egnyte99 shared keywordsEgnyte provides software for protecting and managing business-critical content across organizations of all sizes. The platform enables knowledge workers to securely share and govern information with built-in collaboration, discovery, security, and governance capabilities.
Companies competing with Paramify for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Paramify do?
- Paramify provides software for generating audit-ready security documentation and continuously monitoring compliance with half the cost and 90% faster execution. The platform serves organizations managing FedRAMP compliance and enterprise risk management through integrations with existing tools like Jira and ServiceNow.
- Who founded Paramify?
- Paramify was founded by Kenny Scott in 2022.
- Who are Paramify's investors?
- Paramify's investors include Next Frontier Capital, Album, Album VC.
- How much funding has Paramify raised?
- Paramify has disclosed $12M raised across 1 of its 3 known rounds.