Funding Received
$16 Million in 2 Rounds from 4 Investors
Most Recent Funding
$6 Million Series C on August 15, 2006
San Jose, CA
Movaris offers solutions that integrate and manage financial close and other governance, risk and compliance processes.
Steve Yankovich

Company Details

None found in CrunchBase

Movaris, Inc. offers solutions to integrate and manage financial close and other governance, risk, and compliance processes. The company’s Movaris Unity application suite includes Enterprise Risk Manager that allows corporations to document and manage identified risk in the organization; GRC for use in the enterprise to address compliance, risk, and performance management initiatives; Account Reconciliation, which enables financial organizations to track and review account reconciliation tasks during the financial close process; Sarbanes-Oxley Compliance that manages various SOX activities by documenting various controls, testing, and remediation, as well as assigns tasks to individuals and delivers audit trails; and Financial Close, which enables financial organizations to track and review financial close tasks during the auditing and reporting processes. It also provides OneClose e-Binder that creates a system of record for various close, reconciliation, and compliance activities, as well as enables management and auditors to retrieve various documents to reconstruct a financial period; and OneClose Platform, which assigns tasks to performers and reviewers, as well as integrates account reconciliations with SOX compliance testing and financial close activities. In addition, the company offers implementation, training, and on-going support services. It serves financial services, insurance, manufacturing, technology, consumer goods, retail and distribution, media, energy, transportation, health, and medical industries. The company was formerly known as Paper2net and changed its name to Movaris, Inc. in 2001. Movaris, Inc. was founded in 1998 and is based in San Jose, California. As of February 14, 2008, Movaris, Inc. operates as a subsidiary of Trintech Group plc.

Past Team (3)


Investors (4)

  • Aae624fc8f3baaa42c1991cadd9c552a

    Granite Ventures

    Venture capital firm
  • 10802695b96076db2d1acf0fe6df4863

    Redpoint Ventures

    Redpoint Ventures has helped entrepreneurs build innovative businesses that defy convention,...
  • Bc5dad50d9a1d165196867d8555c6a75

    Mohr Davidow Ventures

    For 30 years the Mohr Davidow Ventures (MDV) team has invested in early stage technology-based...
  • Bf5aa47183f142d2aaa82f9f86633e52

    Adobe Ventures

    Adobe Ventures is Adobe's investment arm. Adobe Ventures aims to invest approximately $100...

Offices/Locations (1)

  • Office

    2033 Gateway Place

    Suite 300

    San Jose, CA 95110