ThirdPartyTrust

Chicago, United States Founded: 2014 • Age: 12 yrs Acquired By BitSight
SaaS platform for security and vendor risk management is provided.

About ThirdPartyTrust

ThirdPartyTrust is a company based in Chicago (United States) founded in 2014 was acquired by BitSight in September 2022. ThirdPartyTrust has raised $4.59 million across 3 funding rounds from investors including BitSight, Gener8tor and Capital Midwest Fund. ThirdPartyTrust offers products and services including TPRM and Beacon. ThirdPartyTrust operates in a competitive market with competitors including SecurityScorecard, BitSight, CyberGRX, ISN Software Corporation and Prevalent, among others.

  • Headquarter Chicago, United States
  • Sectors
    Technology
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website thirdpartytrust.com
  • Social LinkedIn X Facebook
  • Acquired by BitSight (Sep 2022)
  • Legal Name Thirdpartytrust, Llc
Key Metrics
  • Total Equity Funding
    $4.59M (USD)

    in 3 rounds

  • Latest Funding Round
    $4.45M (USD), Seed

    Jan 2020

  • Investors
    BitSight

    & 3 more

  • Acquired by
    BitSight

    (Sep 2022)

Products & Services of ThirdPartyTrust

ThirdPartyTrust offers a comprehensive portfolio of products and services, including TPRM and Beacon.

TPRM
Risk Management Tool

Automates vendor risk assessments and provides monitoring dashboard.

Beacon
Security Profile Tool

Centralizes vendor security data for easy sharing and updates.

Funding Insights of ThirdPartyTrust

ThirdPartyTrust has successfully raised a total of $4.59M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $4.45 million completed in January 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $4.59M
  • Total Rounds 3
  • Last Round Seed β€” $4.45M
  • Investors Count 3

All 3 funding rounds of ThirdPartyTrust with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2020$4.45MSeed–Capital Midwest Fund, Cultivation Capital
–
Nov 2016$140,000Seed–Gener8tor
–
Jan 2015–Seed––
–
Valuation history

4 investors in total: 4 institutional.

Investors in ThirdPartyTrust

ThirdPartyTrust has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include BitSight, Gener8tor and Capital Midwest Fund.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
-
–capitalmidwest.com-
Early-stage tech companies are funded by this venture capital firm.
–cultivationcapital.comSt. Louis, United States
Startups are accelerated via a 12-week program with funding support.
2012gener8tor.comMadison, United States
Cloud-based cyber risk management solutions are delivered for various industries.
2011bitsight.comBoston, United States
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Investor details for ThirdPartyTrust

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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People of ThirdPartyTrust

10 people are tracked at ThirdPartyTrust (3 in leadership, 7 in team).

NameRoleGroup
Chris Gerben, PhD
Director of Brand MarketingLeadership
William Delaney, Esq.
Chief Revenue Officer & CounselLeadership
Michael Hermann
Vice President of SalesLeadership
Jodie Weinstein
Customer Success ManagerTeam
Carolina Resico
Customer Success ManagerTeam
Javier Aguirre
DevOps EngineerTeam
Aaron Taylor
Account ExecutiveTeam
Ian Morrill
Enterprise Account ExecutiveTeam
Alyssa Bowman
Customer Success ManagerTeam
Sarah Youll
Customer Relationship ManagerTeam
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Complete people profiles for ThirdPartyTrust

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  • Team structure
  • Board tenure
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Timeline of ThirdPartyTrust

4 dated milestones of ThirdPartyTrust across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded ThirdPartyTrust is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed, of $4.5M.
  4. Exit Acquired by BitSight.

Competitors of ThirdPartyTrust

ThirdPartyTrust operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SecurityScorecard, BitSight, CyberGRX, ISN Software Corporation and Prevalent, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
securityscorecard.com2013New York, United States$292.12M199
Cloud-based security ratings and cybersecurity risk solutions are offered.
bitsight.com2011Boston, United States$398.04M396
Cloud-based cyber risk management solutions are delivered for various industries.
cybergrx.com2015Denver, United States$99M141
Cloud-based risk assessment and management solutions are provided for enterprises.
isnetworld.com2001Dallas, United States–463
Contractors and suppliers are managed via an online platform.
prevalent.net2004Warren, United States$98.22M51
Vendor risk management solution provider
venminder.com2001Elizabethtown, United States$45.61M184
Vendor risk management solutions are delivered through a cloud-based platform.
resilinc.com2010Milpitas, United States$15M56
Supply chain risks and resilience are managed via cloud-based software.
whistic.com2015Provo, United States$51.12M65
Threat intelligence solutions for vendor risk automation are provided.
deepsurface.com2017Portland, United States$5.5M–
Risk intelligence and vulnerability management solutions are provided globally.
aravo.com2000San Francisco, United States$49.94M105
SaaS-based supplier information management solutions are offered.
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Detailed competitors of ThirdPartyTrust

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Thirdpartytrust

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Complete news archive for ThirdPartyTrust

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Similar companies to ThirdPartyTrust

10 companies that operate in the same segment as ThirdPartyTrust (GRC, Risk & Compliance Software), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B2,241
Platform that provides data analysis and management solutions
2003Denver, Colorado, United StatesUSD 2.46 BUSD 2.87 B3,940
Identity and access management solutions are provided for developers.
2013Bellevue, Washington, United StatesUSD 332.75 M––
Cloud security posture management solutions are provided by the platform.
2000Sunnyvale, California, United StatesUSD 54.2 MUSD 6.8 B14,140
Digital workplace safety tools for inspections and audits are provided.
2004Surry Hills, New South Wales, AustraliaUSD 297.93 M––
Compliance and risk management platform is offered to enterprises.
2016San Francisco, California, United StatesUSD 503.05 M––
Cloud-based tax compliance solutions are delivered for businesses worldwide.
2004Seattle, Washington, United StatesUSD 342.97 MUSD 65.53 M1,623
Hybrid cloud infrastructure solutions are delivered for business management.
1977Austin, Texas, United States–USD 1.79 B8,890
Cloud based identity governance and administration software
2005Austin, Texas, United StatesUSD 26.65 MUSD 1.07 B2,740
Online payment solutions are offered to consumers and businesses.
1998San Jose, California, United StatesUSD 216 MUSD 31.79 B24,400
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Frequently Asked Questions about ThirdPartyTrust

ThirdPartyTrust was founded in 2014 and raised its 1st funding round 1 year after it was founded.

ThirdPartyTrust is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

ThirdPartyTrust is a funded company, having raised a total of $4.59M across 3 funding rounds to date.

ThirdPartyTrust was founded in 2014 and is headquartered in Chicago, United States. A SaaS solution is offered to enterprises and third parties for managing security risks and preventing breaches. Vendor intelligence services are integrated with algorithmic analysis, collaborative business intelligence, and existing data systems. The platform delivers continuous risk scoring, intelligence gathering, and compliance assessments to support regulatory adherence.

ThirdPartyTrust's top competitors include Venminder, SecurityScorecard and BitSight.

ThirdPartyTrust offers TPRM and Beacon.

ThirdPartyTrust has 4 investors. Key investors include BitSight, Gener8tor, Capital Midwest Fund, and Cultivation Capital.

ThirdPartyTrust operates through Thirdpartytrust, Llc.

Yes. ThirdPartyTrust was acquired by BitSight in September 2022.

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