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§ Private Profile · Tel Aviv, Israel
Vendict is a technology company.
Vendict delivers an AI-native platform automating Governance, Risk, and Compliance (GRC) for vendor management. Its core product streamlines security questionnaires, audits, and third-party risk assessments, eliminating manual effort. The company utilizes advanced artificial intelligence and a proprietary automation engine, enhancing efficiency and accuracy in traditionally labor-intensive GRC operations.
Udi Cohen, CEO, and Michael Keslassy, CTO, co-founded Vendict in 2020. Both founders, possessing deep expertise in cybersecurity and GRC, identified significant inefficiencies and resource drain within traditional compliance and vendor risk management. Their insight highlighted the critical need for an intelligent, automated solution to address these persistent industry challenges.
Vendict's platform assists organizations confronting stringent compliance requirements and complex vendor security. The company’s vision empowers businesses to navigate the intricate GRC landscape with speed and precision. It seeks to reduce time and resources for compliance activities, fostering secure and operationally sound environments for its clients.
Vendict has raised $31.5M across 4 funding rounds.
Vendict has raised $31.5M in total across 4 funding rounds.
Vendict has raised $31.5M across 4 funding rounds. Most recently, it raised $10.0M Series A in August 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2025 | $10M Series A | JAL Ventures, Moneta VC | Alumni Ventures, Cardumen Capital, Cherry Ventures, FJ Labs, NFX, StageOne Ventures, Abrahami Avishai, Cyber Club London, Disruptive AI | Announced |
| Jul 12, 2023 | $9.5M Venture Round | Cardumen Capital, Disruptive AI, NFX | Andy Ellis, CrunchFund, Cyber Club London, Newfund | Announced |
| Jul 1, 2023 | $10M Seed | — | Cherry Ventures, FJ Labs, NFX, Abrahami Avishai | Announced |
| Jan 1, 2022 | $2M Seed | — | Newfund | Announced |
Vendict has raised $31.5M in total across 4 funding rounds.
Vendict's investors include JAL Ventures, Moneta VC, Alumni Ventures, Cardumen Capital, Cherry Ventures, FJ Labs, NFX, StageOne Ventures, Abrahami Avishai, Cyber Club London, Disruptive AI, Andy Ellis.
Vendict is an AI-native platform that automates governance, risk, and compliance (GRC) workflows in cybersecurity, primarily by streamlining security questionnaires, third-party risk management (TPRM), and audits.[1][2][3] It serves security and GRC teams at high-growth tech companies, solving the problem of time-intensive manual responses to questionnaires and RFPs—reducing completion time by up to 92%—while enabling buyers to analyze vendors' security postures instantly from documentation.[3][4][5] With features like the proprietary GRC Mentor for hallucination-free, traceable answers and interactive Trust Centers, Vendict turns compliance into a growth driver, accelerating sales cycles and scaling vendor relationships securely; customers include Aidoc, Orca Security, SimilarWeb, Monday.com, OpenText, and Modern Treasury.[2][3][5] The company raised a $10M Series A to expand its end-to-end GRC platform.[4]
Founded in 2020 in Tel Aviv, Israel, Vendict emerged from foresight into AI's potential for security compliance, predating the LLM hype by applying NLP and in-house AI research to automate GRC workflows.[1][4] The team built an AI-native solution from the ground up, hiring AI researchers to design custom language models attuned to security language, rather than retrofitting legacy tools.[2][4][5] Early traction came from product-led growth, with companies like Aidoc and Orca Security adopting it for its "compliance Ferrari" speed and precision, validating the vision amid rising questionnaire volumes in high-growth phases.[3][5] Pivotal moments include RSA Conference 2024 demos and the $10M Series A announcement, backed by investors like NFX who recognized its 100x improvement over analog processes.[1][4][5]
Vendict rides the generative AI wave transforming GRC, a $50B+ market bloated by manual processes amid exploding vendor risks and regulations like DORA.[4][5] Timing is ideal: post-LLM boom, cybersecurity teams face questionnaire overload in high-growth SaaS ecosystems, where compliance delays sales; Vendict's AI-native approach captures share by automating what generalists can't—nuanced, framework-specific security tasks.[2][4][5] Market forces like zero-trust mandates and AI hype favor it, as buyers/sellers demand speed without accuracy trade-offs; it influences the ecosystem by productizing "hyperlocal AI," enabling startups to scale securely and setting a benchmark for AI in compliance that accelerates deal cycles industry-wide.[1][3][5]
Vendict is poised to dominate AI-driven GRC with its Series A fueling end-to-end expansions like smarter risk reviews and audit prep, targeting a "compliance Ferrari" that redefines vendor management.[3][4] Trends like regulatory proliferation (e.g., DORA) and AI maturation will amplify demand, especially as enterprises embed GRC in growth stacks; expect deeper integrations with sales tools and global scaling from Tel Aviv. Its influence could evolve from niche accelerator to ecosystem standard, empowering more companies to wield compliance as a moat—proving AI-native builders like Vendict fix tomorrow's bottlenecks today.[2][4][5]