
Venminder
Track on RadarAcquired by Ncontracts · 2024
SaaS platform for third-party vendor risk management and due diligence.
- Total raised
- $49.3M
- Employees
- 64
- Founded
- 2003
- Momentum
- 21
Stalling
Data updated August 2026
About
About Venminder
At a glance
Venminder is a cybersecurity company specializing in GRC, founded in 2003 and headquartered in Nashville, United States. It has raised $49.3M in total funding, employs about 64 people, and was acquired by Ncontracts in 2024.
Venminder is a SaaS-based vendor risk management platform designed to help organizations manage third-party risk programs (TPRM). The platform centralizes vendor oversight, contract management, risk assessments, and due diligence workflows in a single cloud-based environment. Core software capabilities include: - Contract management with paralegal-assisted data extraction, renewal tracking, and SLA management - Risk assessments (inherent and residual) with configurable templates, scoring, and approval workflows - Vendor questionnaire management supporting standard formats such as SIG Core, SIG Lite, and RFP templates - Oversight management for scheduling and tracking vendor review tasks - New vendor onboarding and offboarding workspaces - Issue and exception tracking with escalation workflows - Reporting and dashboards with exportable outputs - Advanced workflow automation and business unit permissions In addition to its software platform, Venminder offers managed services and control assessments performed by in-house analysts. These include point-in-time assessments covering cybersecurity, SOC reports, financial health, business continuity/disaster recovery, data protection, contract compliance, CAIQ, and SIG Lite evaluations. Ongoing monitoring services for business health and cybersecurity are available as annual subscriptions. The platform integrates with third-party tools including RSA Archer, SecurityScorecard, and ArgosRisk. It supports API and SSO integration options. Venminder primarily serves financial institutions such as banks and credit unions, though its platform is applicable to any organization managing a portfolio of third-party vendor relationships. The platform is offered in Professional and Enterprise tiers with add-on capabilities.
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FAQ
Frequently asked questions about Venminder
When was Venminder founded?▾
Venminder was founded in 2003.
Where is Venminder headquartered?▾
Venminder is headquartered in Nashville, United States.
How much funding has Venminder raised?▾
Venminder has raised a total of $49.3M in total funding.
Is Venminder public or private?▾
Venminder is a privately-held company.
How many employees does Venminder have?▾
Venminder has approximately 64 employees.