Venminder
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Venminder

https://www.venminder.com/
Last activity: 10.09.2024
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Categories: EdTechFinTechIndustryInformationManagementMarketOnlinePlatformServiceSoftware
Venminder is an industry recognized leader of third-party risk management solutions. Dedicated to third-party risk, the company is the go-to partner for software, high-quality assessments on vendor controls, certified subject-matter expertise and education.

Venminder’s platform provides a centralized location to execute a third-party risk management program. It enables users to store documentation, onboard a vendor, track contracts, manage SLAs, send and manage questionnaires, manage due diligence and oversight, complete risk assessments, create workflows, run reporting and more.

Assessments performed by Venminder’s qualified experts, including CISSPs, CPAs, financial risk analysts, paralegals and more, are readily available in an online library. The assessments enable clients to identify possible risks and understand areas of strength on their vendors’ information security and privacy standards, SOC reports, financial viability, business continuity/disaster recovery preparedness, contractual standards, regulatory compliance and more.
Venminder clients also use the firm to streamline due diligence processes by outsourcing vendor document collection; and regularly consult with Venminder’s experts to ensure their third-party risk management policy and procedures meet industry standards.

The Venminder platform is used by almost 900 clients across a wide range of industries to execute their third-party risk management programs. As the company’s solutions are designed to accommodate growth and various levels of program maturity, clients range in size from small to Fortune 100 organizations.

As the industry’s go-to leader, Venminder’s team of highly experienced professionals regularly speak at conferences, provide the latest research and educational content, host CPE credit eligible webinars and provide access to an online networking community for third-party risk professionals, Third Party ThinkTank.

#thirdpartyrisk #vendorrisk #supplierrisk #vendormanagement
Followers
429
Website visits
45.3K /mo.
Mentions
47
Location: United States, Kentucky, Elizabethtown
Employees: 51-200
Total raised: $80M
Founded date: 2001

Investors 3

Funding Rounds 5

DateSeriesAmountInvestors
11.11.2020Series C$33MSilversmit...
10.11.2020-$33MSilversmit...
23.07.2019-$5M-
19.07.2018Series B$5MMissionOG
05.01.2016Series B$4MBain Capit...

Mentions in press and media 47

DateTitleDescription
10.09.2024The Financial Landscape Shifts: New Leadership and Strategic AcquisitionsIn the fast-paced world of technology and finance, change is the only constant. Recent developments highlight this truth, showcasing how companies are positioning themselves for growth and sustainability. Two significant events have emerged...
09.09.2024Ncontracts Acquires VenminderNcontracts, a Brentwood, TN-based provider of integrated compliance, risk, and vendor management solutions to the financial services industry, acquired Venminder, an Elizabethtown, KY-based provider of a platform for managing third-party ri...
04.09.2024Ncontracts acquires Venminder via Hg buyout Ncontracts acquires Venminder via Hg buyout-
14.08.2024Venminder Launches New Dashboards Module to Revolutionize Vendor Performance Tracking and Risk ManagementVenminder Dashboards Module Venminder, a leader in third-party risk management solutions, announced today the launch of a new Dashboards module. This powerful tool is designed to revolutionize how organizations track key performance indicat...
13.08.2024The AI Revolution in Legal Tech: A New Era of EfficiencyThe legal industry is on the brink of a transformation. With the rise of artificial intelligence (AI), firms are shedding the weight of tedious tasks. They are stepping into a world where efficiency reigns supreme. Two recent developments h...
13.08.2024Venminder Recognized in Inc. 5000's Prestigious List of America's Fastest-Growing CompaniesVenminder Recognized in 2024 Inc. 5000 Venminder, a leader in third-party risk management solutions, proudly announces its inclusion in the Inc. 5000 list, a prestigious ranking of the nation's fastest-growing private companies. This recogn...
09.08.2024Anthropic and Caylent partner to slash AI deployment times in halfJoin our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Caylent, an Amazon Web Services (AWS) Premier Tier Services Partner, has announced a strategic partnership with l...
06.08.2024Venminder Unveils Enhanced SOC Assessment to Strengthen Vendor Control EvaluationsVenminder Unveils Enhanced SOC Assessment Venminder, a leader in third-party risk management, announced significant enhancements to its System and Organization Controls (SOC) Assessment, further empowering customers to evaluate the security...
31.07.2024Venminder Launches New Contract Redlining Feature to Further Streamline Vendor Risk ManagementVenminder Launches New Contract Redlining Feature Venminder, a leading provider of third-party risk management solutions, today announced the launch of its new Contract Redlining feature in its third-party risk management software platform....
11.07.2024Venminder Announces Insightful Podcast on Fintech's Impact on Credit UnionsVenminder Podcast Venminder, a leader in third-party risk management solutions, is excited to announce the release of a thought-provoking podcast that delves into the transformative effects of financial technology (fintech) on credit unions...
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