VISO TRUST Raises $24M to Enhance AI-Powered Third-Party Risk Management
VISO TRUST specializes in AI-powered third-party risk management (TPRM).
Company Name: VISO TRUST
Location: San Francisco, CA
Sector: Third-Party Risk Management (TPRM)
Funding Details:
VISO TRUST secured $24M in funding with participation from:
- Existing Investors: Bain Capital Ventures, Work-Bench, Sierra Ventures, Lytical Ventures.
- New Investors: Allstate Strategic Ventures, Cisco Investments, EnvisionX Capital, Scale Asia Ventures.
Purpose of Funding:
The funds will be allocated toward expanding development efforts to strengthen the platform’s capabilities.
Leadership:
- Paul Valente, CEO
About VISO TRUST:
VISO TRUST specializes in AI-powered third-party risk management (TPRM). Its platform delivers real-time, evidence-based assessments by collecting, analyzing, and continuously monitoring vendor artifacts.
Key Features:
- Automated analysis of control presence, testing methodologies, exceptions, and Nth-party references.
- Enhanced focus on evidence-driven insights, enabling security teams to prioritize strategic initiatives.
VISO TRUST empowers organizations to manage third-party risks more effectively, ensuring compliance and security in increasingly complex supply chain ecosystems.
