Corporater
A Norwegian GRC and business-management software vendor with 12 global offices, offering a configurable low-code platform (branded GPRC — governance, performance, risk, and compliance) aimed at giving business users rather than IT teams control over risk and performance management.
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Corporater, founded in 2000 by CEO Tor Inge Vasshus and headquartered in Stavanger, Norway, sells a configurable business-management platform spanning governance, performance management, and risk and compliance (which it markets under the acronym GPRC). The company operates 12 offices globally and has grown to an estimated $23M in revenue with a roughly 200-person team as of 2025, according to third-party estimates.
Its core positioning is a low-code, business-user-configurable architecture — letting risk and compliance owners build and adjust workflows themselves rather than depending on IT or professional-services engagements for every change, a differentiator against heavier, more IT-dependent legacy GRC platforms.
Innovation Matrix Assessment
Steady, long-run product development over 25 years with no evidence of unusually fast recent iteration.
Low-code configurability genuinely reduces dependency on IT/consulting cycles for risk and compliance workflow changes.
No public funding events found; growth appears steady and self-funded rather than rapidly accelerating.
The GPRC low-code approach is a meaningful usability improvement over legacy GRC tooling, but not a fundamental rethink of the category.
25 years of continuous operation across 12 global offices is real evidence of sustained customer value.
Connecting governance, performance, and risk data remains a persistent enterprise need, though competition from cloud-native GRC entrants is intensifying.
Why CISOs Should Care
CISOs whose organizations need to connect cyber risk registers to broader enterprise performance and governance reporting — without a lengthy IT-led configuration project every time requirements change — get a platform explicitly built for business-user configurability.
What Makes It Different
Corporater's low-code, business-user-configurable architecture and combined governance-performance-risk-compliance (GPRC) framing differentiate it from GRC tools that require heavy IT or consultant involvement to reconfigure.
The Matrix Verdict
47/100 — EMERGING / UNRANKED
A durable, self-funded European GRC vendor with two decades of continuous operation and genuine configurability advantages, but modest disclosed growth signals relative to venture-backed competitors.
Editorial Note: Claims vs. Verified Findings
Revenue and headcount figures come from third-party estimator Getlatka rather than audited company disclosure and should be treated as approximate.
Sources
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