Red Oak Compliance Solutions Announces $51 Million Investment From Mainsail Partners
Jun 29, 2023•over 2 years ago
Amount Raised
$51 Million
Description
Red Oak Compliance Solutions, a leader in comprehensive intelligent compliance software solutions, announced today a $51 million investment from Mainsail Partners, a growth equity firm that invests in growing software companies. The transaction will enable Red Oak to accelerate innovative product development, continue enhancements to its existing software suite, and expand its customer service model to support the needs of compliance teams in the financial services and insurance industries across the globe.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech