SOC 2 Auditors

Risk3sixty vs Thoropass

How two SOC 2 audit firms compare on price, timeline, framework coverage, and fit — and how to decide between them.

Risk3sixtyThoropass
Typical price$15K–$45K$12K–$45K
Type 2 timeline7–16 weeks6–16 weeks
Firm tierBoutiqueAutomation-led
FrameworksSOC 2 Type 1, SOC 2 Type 2, ISO 27001, HIPAA, PCI DSSSOC 1, SOC 2 Type 1, SOC 2 Type 2, ISO 27001, HIPAA, PCI DSS
Industry focusSaaS, Fintech, Healthcare, AI / MLSaaS, Fintech, Healthcare, AI / ML
RegionsUnited States, GlobalUnited States, Global
AICPA-licensedYesYes
HeadquartersAtlanta, GeorgiaNew York, New York

How Risk3sixty and Thoropass differ

On price, Risk3sixty and Thoropass land in a similar range ($15K–$45K vs $12K–$45K), so cost is unlikely to be the deciding factor. Thoropass covers more frameworks (6 vs 5), which matters if you want to bundle SOC 2 with ISO 27001, HIPAA, or PCI under one engagement. They also sit in different tiers — Risk3sixty is boutique, Thoropass is automation-led — which shapes the price, process, and brand recognition on the report.

Risk3sixty strengths

  • Combines GRC advisory with attestation via registered CPA arm
  • Multi-framework coverage incl. ISO 42001 for AI
  • Experience across 2,000+ framework projects
Full Risk3sixty profile →

Thoropass strengths

  • Integrated platform-plus-audit with in-house licensed CPA affiliate
  • Single workflow from evidence to audit
  • Supports SOC 2, ISO 27001, HIPAA, HITRUST, PCI
Full Thoropass profile →

Which should you choose?

Lean toward Thoropass if budget is the priority and its scope fits; lean toward Thoropass if you want the broadest framework coverage in a single engagement. Both are AICPA-licensed, so either can issue a report your customers will accept — the fastest way to decide is to get quotes from both on identical scope.

BoutiqueAutomation-led

Frequently asked questions

Is Risk3sixty or Thoropass cheaper for SOC 2?

Risk3sixty typically ranges $15K–$45K and Thoropass $12K–$45K. On typical midpoints, Thoropass tends to be the lower-cost option, but neither publishes fixed pricing, so a scoped quote from each is the only reliable comparison.

Which covers more frameworks, Risk3sixty or Thoropass?

Thoropass lists more frameworks (SOC 1, SOC 2 Type 1, SOC 2 Type 2, ISO 27001, HIPAA, PCI DSS), which is an advantage if you plan to bundle SOC 2 with other assurance standards.

Are Risk3sixty and Thoropass both AICPA-licensed CPA firms?

Yes. Both Risk3sixty and Thoropass are AICPA-licensed CPA firms, which is required to issue a SOC 2 report. Either firm's report carries the same recognition with your customers.

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