Lantern achieves SOC2 Type 1 compliance in 8 weeks
Lantern announced achieving SOC2 Type 1 compliance in 8 weeks, validating the security of its AI-native ERP platform. The audit covered 198 tests and controls managed via Secureframe and conducted by Prescient Security. The company plans to pursue Type 2 compliance next.

*this image is generated using AI for illustrative purposes only.
Lantern, the AI-native ERP software company behind LanternBRP, announced on July 17, 2026, that it has achieved SOC2 Type 1 compliance. The certification was completed in just 8 weeks without a dedicated security department or formal compliance team, validating the platform's enterprise-grade security for mid-market and multi-entity businesses.
SOC2 is a security framework developed by the American Institute of Certified Public Accountants (AICPA) that evaluates how companies manage customer data based on principles like security, availability, and confidentiality. For software vendors, this compliance is a baseline expectation for procurement.
Audit Process and Controls
The certification process evaluated 198 individual tests and controls spanning the platform and the company. Lantern utilized the Secureframe compliance automation platform to manage the process. The audit was conducted by Prescient Security.
| Audit Component | Details |
|---|---|
| Duration | 8 weeks |
| Tests and Controls | 198 |
| Management Platform | Secureframe |
| Auditor | Prescient Security |
Operational Efficiency
Lantern completed the audit without a dedicated security engineer, relying on existing operational discipline within its engineering and development teams. The company attributed the speed of the audit to having the majority of controls already in place, rather than building them specifically for the audit. Roughly 4 weeks were dedicated to initial setup and control mapping, followed by 4 weeks of auditing.
"We didn't aim to break a speed record, our goal from the start was to do things the right way. The practices that ensure a smooth audit, strong access controls, effective monitoring, and disciplined change management, are the same ones that build customer trust," said Ady Das, Co-CEO/CIO of Lantern.
Future Compliance Goals
The SOC2 Type 1 certification adds to Lantern's enterprise credentials as it scales its modular business resource planning platform across sectors such as manufacturing, field services, and agriculture. The company stated it is now headed towards Type 2 compliance.
What specific operational challenges might Lantern face when transitioning from SOC2 Type 1 to the more rigorous Type 2 compliance?
How will achieving SOC2 compliance impact Lantern's ability to secure enterprise clients in highly regulated industries like manufacturing and agriculture?
Will Lantern maintain its reliance on automation platforms like Secureframe, or will the company eventually need to build a dedicated security team as it scales?


























