Vendict
Transforming Security Questionnaires Through The Power of Generative AI
Company Overview
Snapshot
Founded in November 2020 by Udi Cohen and Michael Keslassy, Vendict operates with 11–50 employees. The company has raised a total of $21.47 million across 3 funding rounds from 9 investors.
Business overview
Vendict provides an AI-led technology platform designed to empower privacy and compliance, security, GRC, and risk teams. The company's cutting-edge generative AI technology solves complex compliance issues at scale, enabling CISOs, tech executives, security teams, and risk management professionals to address compliance questionnaires and security assessment challenges. Vendict operates within the Business Software sector, focusing on enterprise solutions, data protection, and privacy protection.
Strategic signal
This investment signals continued investor confidence in Vendict's generative AI-powered governance, risk, and compliance (GRC) solutions, highlighting the growing market demand for automated and intelligent tools to navigate complex regulatory landscapes and enhance cybersecurity postures.
Company Intelligence Q&A
- What was Vendict's most recent funding activity?
- The round was led by JAL Ventures and Moneta VC.
- Who are the founders of Vendict?
- Vendict was founded by Udi Cohen, who serves as Co-Founder & CEO, and Michael Keslassy, who is the Co-Founder & CTO.
- What is Vendict's core technology?
- Vendict leverages generative AI and natural language processing to provide cutting-edge technology for privacy and compliance, security, GRC, and risk management.
- What problem does Vendict solve for security teams?
- Vendict offers a platform for security teams to automate and streamline vendor security reviews, manage third-party risk, and ensure compliance, enhancing visibility and reducing manual effort.
- How does Vendict assist proposal managers?
- Vendict provides an AI-powered platform designed to streamline and automate the RFP (Request for Proposal) and RFI (Request for Information) response process for proposal managers, centralizing knowledge, generating content, and facilitating collaboration.