Thoropass was founded in 2019 to address the friction between compliance requirements and business innovation. The company provides a combination of compliance automation technology and professional audit services through what it calls "The OrO Way," a closed-loop compliance and audit solution. The company's platform offers compliance automation, IT security audits, penetration testing, access reviews, security questionnaires, risk assessment, and trust center capabilities. The platform includes AI-powered features and integrates with various systems to automate technical control evidence submission. Thoropass supports multiple compliance frameworks including SOC 1, SOC 2, HIPAA, HITRUST, ISO 27001, ISO 27018, ISO 42001, CMMC Level 1, NIST CSF 2.0, PCI DSS, GDPR, and Cyber Essentials. Thoropass operates through two entities: Laika Compliance, LLC (dba Thoropass Assurance), which is a licensed CPA firm registered with the AICPA that conducts audits, and Thoropass, Inc., which provides the technology platform and professional services. The company's in-house auditors conduct over 500 audits annually. Thoropass serves various industries including healthcare, SaaS, and fintech companies, with over 50 Fortune 500 companies having requested and accepted Thoropass reports.