Laika
Series C+Raised Since FeaturedCompliance, simplified
End-to-end compliance automation platform for SOC 2, ISO 27001, HIPAA, and GDPR — now rebranded as Thoropass.
About
Laika (now Thoropass) is a unified compliance-as-a-service platform that helps growing companies achieve and maintain security certifications like SOC 2, ISO 27001, HIPAA, GDPR, and PCI DSS. Founded in 2019 by Austin Ogilvie and Sam Li — both two-time founders and Y Combinator alumni — along with Eva Pittas, a 20-year Citigroup risk and compliance veteran, the company combines compliance automation software with expert advisory services and in-house auditors. Unlike competitors that only provide software tools, Laika offers an end-to-end solution covering readiness, automation, audit, and ongoing compliance monitoring. The platform helps companies avoid the typical 6-12 month compliance timeline by streamlining evidence collection, policy generation, and audit workflows. In March 2023, the company rebranded to Thoropass to reflect its broader mission beyond SOC 2. With $98M in total funding including a $50M Series C led by Fin Capital, Thoropass serves hundreds of companies and reached $60.4M in revenue in 2024.
DailyDropout Take
Laika caught our attention as one of the few compliance platforms tackling the full stack — software, services, and audit — rather than just selling a dashboard. With YC-alumni co-CEOs and a Citigroup compliance veteran as COO, the founder-market fit was exceptional. In a market where SOC 2 certification is becoming table stakes for any B2B startup, Laika positioned itself as the one-stop shop that eliminates the painful multi-vendor compliance dance.
Discovery signal: Strong founder-market fit (YC alumni + Citigroup risk veteran), rapidly growing compliance market driven by enterprise security requirements, end-to-end approach differentiating from tool-only competitors.
What Makes Them Unique
Unlike compliance tools that only automate evidence collection, Thoropass (formerly Laika) offers end-to-end compliance with in-house auditors, expert services, and software in a single platform — eliminating the need to juggle separate vendors for readiness, automation, and audit.
$60.4M
Revenue
$98M
Total Raised
~232
Team Size
~$500M
Valuation
Target Markets
Founders
Austin Ogilvie
Co-Founder & Co-CEO
Two-time founder and Y Combinator alumnus. Previously co-founded a startup before launching Laika to solve the compliance pain point for growing companies.
Sam Li
Co-Founder & Co-CEO
Two-time founder and Y Combinator alumnus. Brings deep technical and product expertise to building Laika's compliance automation platform.
Eva Pittas
Co-Founder & COO
20-year veteran of Citigroup where she oversaw global risk and compliance functions. Brings deep domain expertise in regulatory compliance and risk management.
Laika is hiring!
Team size: ~232
Funding History
Lead: Bain Capital Ventures
Lead: J.P. Morgan Growth Equity Partners
Lead: Fin Capital