ProcessUnity

About ProcessUnity

ProcessUnity provides a platform for third-party risk management (TPRM). It sells to enterprises that need to manage risks from vendors and suppliers. The platform covers the full third-party lifecycle, from onboarding and due diligence to continuous monitoring and offboarding. It uses AI agents to automate tasks such as evidence evaluation and questionnaire autofill. The ProcessUnity Risk Index gives each vendor a risk score based on internal controls and external security signals. The Global Risk Exchange offers shared vendor risk data to reduce redundant assessments. The company also offers cybersecurity risk management as part of its broader TPRM offering. It serves industries including financial services, where it helps firms comply with regulations such as PRA SS2/21 and FCA PS26/2. ProcessUnity emphasises a data-first approach, using external data and AI to reduce manual work and speed up risk decisions.

Products

• ProcessUnity TPRM PlatformA platform that automates third-party risk management across the entire vendor lifecycle.
• Global Risk ExchangeA shared database of vendor risk profiles and scores to reduce redundant assessments.
• ProcessUnity Risk IndexA risk rating that combines internal control data with external security signals to score third parties.
• AI-Powered Assessment AutofillA tool that uses validated data to pre-populate questionnaire responses.
• Evidence EvaluatorAn AI tool that analyses vendor documents and maps evidence to controls.
• ProcessUnity AI AgentsSpecialised AI agents that perform defined TPRM tasks such as intake and remediation.

Ownership and deals

1. July 2023ProcessUnity acquired CyberGRXReport on ProcessUnity buying CyberGRX (opens in a new tab)

Acquisitions come from SecurityWeek's monthly M&A round-ups from 2021 onwards, from Cybersecurity Ventures' quarterly M&A reports for 2020, and a few from Wikipedia lists. Funding rounds from 2022 onwards come from Return on Security's weekly Security, Funded newsletter. These are dated to the month. A few deals added from the news are dated to the day. Smaller deals may be missing. Amounts are in US dollars.

Other third-party risk management vendors

• Secarma
• Komodo Consulting
• Alvor
• Archer
• Babel Street
• BitScore Cybertech LLP

See all third-party risk management vendors