Company Performance Metrics
- Paul Goldman: CEO
- Phi Wan: Field CTO
iTmethods is the company building Governed AI for Regulated Industries. Founded in 2005, profitable every consecutive year since, and bootstrapped to scale, iTmethods operates the regulated runtime infrastructure and governance platform that 100+ Fortune 500 customers across banking, capital markets, insurance, life sciences, defense, and public
sector depend on. Zero outside capital raised to date. The thesis is two converging forced-spend cycles inside Fortune 500 regulated industries. The compliance cycle: EU AI Act high-risk obligations (2026 to 2028), Federal Reserve AI guidance, OSFI E-23, FDA PCCP, DORA, BCBS 239, ISO 42001. The substrate cycle: agentic AI is forcing a structural rebuild of enterprise tech stacks, with boards mandating sovereign data, compute, model, and agent runtime control. iTmethods is the only end-to-end platform combining regulator-grade evidence, governed runtime infrastructure, and sovereign substrate engineering. Sold as software ARR. Reign is the Trust Layer for Enterprise AI. Four-component governance spine: AI Gateway, Model Risk Validation, CAVR (hash-chained immutable ledger), and pre-mapped Regulator Packs. Instrumented for the Three Lines of Defense and Independent Assurance. Two buyer-recognized outputs: Continuous Observability of every AI and agent decision, and Continuous Assurance to every regulator, audit committee, and external auditor. Native fluency across the regulatory frameworks that govern bet-the-company AI: Federal Reserve SR 26-2, OSFI E-23, EU AI Act, FINOS AIGF v2.0, ISO/IEC 42001, NIST AI RMF, FDA PCCP, 21 CFR Part 11, GxP, DORA, NAIC AI Model Bulletin, BCBS 239, MiFID II. Deployable in four topologies: SaaS, dedicated cloud, customer cloud, and fully air-gapped. Reaches the SaaS-prohibited buyer class (Tier 1 banks, defense, sovereign agencies, classified life sciences environments) that hyperscaler-bundled GRC and SaaS-only governance vendors structurally cannot reach. FFDEs, named principals plus pods, are embedded with Reign for deployment and ongoing assurance. Forge is the Governed AI Infrastructure platform. Three motions: Assess, Harden, Sustain. Operates 55+ enterprise tools across DevOps (Atlassian, Docker, GitHub, GitLab, Jenkins, JFrog, SonarQube), Fluxnova, and AI agent tooling, plus governed AI infrastructure on AWS, Azure, and Google Cloud, inside a governed envelope. Sovereign by default. Architected for the agentic era. Powered by 21 years of operator heritage running regulated mission-critical infrastructure. Forge Secure AI (FSAI) inside Forge: two ARR tiers, Standard (assurance posture only) and Premium (24/7 expert-led remediation pod). Sovereign Infrastructure Engineering is the third capability. As Fortune 500s rethink their tech landscape for the agentic AI era, iTmethods builds and operates sovereign, governed infrastructure (data, compute, model, agent runtime) inside customer environments. 21 years of regulated runtime delivery translates directly into sovereign-substrate engineering that audit, compliance, and security organizations will accept. BioCompute is the sovereign Reign instance for Life Sciences (in development). FDA-, EMA-, MHRA-, and Health Canada-aligned evidence packages, anchored by the public intoDNA STRIDE platform partnership. Reign for Banking, Capital Markets, and Defense extend the same architecture with vertical-specific control libraries and regulator vocabulary fluency. iTmethods is headquartered in Toronto with hubs in Austin, Bangalore, and Dublin. SOC 2 Type II certified since 2018. AWS Advanced Tier, MSP Certified. NVIDIA Inception Partner. FINOS Foundation member. HIPAA-aligned. FedRAMP-ready. Founded by Paul Goldman (CEO), who previously founded and scaled Arqana to $80M serving enterprise customers, acquired by TELUS (NYSE: TU) in 2001. Has built iTmethods through three platform pivots: managed services (2005), cloud-native (2013, AWS MSP certification), Modern DevOps with Forge (2016, 100+ enterprise customers, SOC 2 Type II), and Reign AI Governance (2025). 21 consecutive profitable years. Genuine cash profitability, every dollar of EBITDA is cash, no SBC adjustments. Categories: AI Governance, Agentic AI Infrastructure, Sovereign AI, Sovereign Infrastructure, Trust Layer, Artificial Intelligence, Enterprise Software, RegTech, Compliance, Risk Management, AI Risk Management, Model Risk Management, Cloud Computing, Managed Services, DevOps, Cybersecurity, Information Technology, Financial Services Technology, FinTech, Life Sciences Technology, HealthTech, Government Technology, GovTech, Defense Technology.