6clicks raises $12 million

Australian AI-powered GRC platform 6clicks has closed a $12 million Series B funding round, led by Acorn Capital with participation from Centerstone Capital.

6clicks launched in 2020 with multi-tenanted GRC with its 'Hub & Spoke' architecture - centralising content, configuration and reporting at the Hub, while Spokes represent divisions, regulated entities, portfolio companies, or geographies.

Paired with an unlimited-use licensing model, rapid no-code implementation, advanced AI engine, and extensive built-in content libraries, 6clicks has sustained growth of more than 50% year-over-year.

Offering sovereign private, public, and dedicated hosting, 6clicks counts large enterprises, government, defense, and regulators managing critical and sensitive data among its customers in Australia, the United States, United Kingdom and Europe, the Middle East, and Japan.

Over the next year, the company plans to expand further across over a dozen additional countries.

6clicks has also scaled relationships with global advisory firms and managed service providers, incorporating 6clicks into their go-to-market strategy and service delivery models. These alliances are enabling thousands of organizations to accelerate their GRC programs according to the company, with upcoming integrations set to allow partners to embed agents and intelligent workflows directly into the 6clicks platform.

In 2023, 6clicks launched a GRC tools marketplace, listing more than 100 organisations’ risk and compliance software, content and services aimed at businesses and their advisors, including MSPs.

The same year, the company introduced the latest evolution of its AI engine, Hailey GPT, providing users with natural language prompts referencing company GRC data to automate key processes.

6clicks CEO and co-founder Anthony Stevens said the Series B raise marks a pivotal moment for 6clicks.

"As we continue to make waves in the GRC space, we’re doubling down on empowering organisations with resilient, AI-powered solutions that help them navigate risk and compliance confidently in an era of cyber complexity and digital transformation," he said.

“6clicks has proven its ability to disrupt traditional GRC platforms with a differentiated architecture and AI-first vision,” said John Meacock, chair at Centerstone Capital.

“The company’s momentum from early growth to global scale demonstrates both strong market validation and the potential to lead the global GRC market.”

In 2022, the company secured a $10 million investment from Centerstone Capital to help fund its growth plans.