What CyberGRX does

CyberGRX operates a third-party cyber risk management (TPRM) platform serving large global enterprises that need to manage vendor risk across regulated and complex supply chains. The platform automates the full third-party lifecycle from vendor sourcing and onboarding through due diligence, continuous monitoring, service reviews, and offboarding, replacing traditional questionnaire-heavy, point-in-time assessments with continuous, data-driven risk evaluation. Core technology is anchored by the Global Risk Exchange, a network of over 370,000 curated vendor risk profiles that enables shared risk data across participating organizations, and the ProcessUnity Risk Index, described as the industry's first controls-driven risk rating that combines internal control intelligence with external security signals to score and prioritize third-party risk in real time. AI-powered components including the Evidence Evaluator, Assessment Autofill, and AI-Based Control Reviews use natural language processing to read vendor-submitted evidence, auto-populate questionnaire responses, and validate controls, while a Threat & Vulnerability Response module provides continuous monitoring and anomaly detection.

The business model is enterprise SaaS subscription with annual billing and quote-based pricing, delivered through a direct enterprise sales motion with consultative implementation support. Customers are segmented across Large Global Enterprises and personas including CISOs and TPRM executives, third-party risk analysts, procurement teams, and risk and compliance officers, with explicit vertical targeting of Financial Services, Healthcare, Energy and Utilities, and Life Sciences. Regulatory differentiation is a meaningful element of the offering, with purpose-built accelerators for DORA, APRA, ABAC, and LkSG compliance. The company has raised approximately $99 million across four funding rounds from 2016 through 2019, with notable investors including AllegisCyber, Bessemer Venture Partners, Scale Venture Partners, ICONIQ Growth, GV, and Blackstone, and was recognized as a Leader in the Forrester Wave for Third-Party Risk Management Platforms in 2026 and the QKS SPARK Matrix for Vendor Risk Management in 2025.

Name

CyberGRX

Website

https://cybergrx.com

Company type

Private

Founded year

2015

Headcount range

51–100 employees

Short description

CyberGRX operates an AI-powered third-party cyber risk management platform serving large global enterprises, anchored by a Global Risk Exchange of 370,000+ vendor profiles and the ProcessUnity Risk Index scoring system that automates vendor onboarding, due diligence, continuous monitoring, and regulatory compliance across the full third-party lifecycle.

Ownership category

akta.pro rank

Product category

Third-Party Cyber Risk Management Software

NAICS

Software Publishers (5132)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Privacy, Data Protection & Cyber Governance (GRC) (BPAHAFAF)

Keywords

• Third-party risk management
• Cyber risk exchange
• Vendor risk assessment
• Third-party cyber risk
• Vendor risk intelligence

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. TPRM Platform Subscription: SaaS-based subscription model for third-party risk management platform access with tiered pricing based on enterprise needs

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels9 records

Core offering

CyberGRX operates a Global Cyber Risk Exchange that aggregates more than 370,000 curated third-party vendor risk profiles into a shared data network for enterprise buyers. Customers access the exchange via a SaaS portal that delivers AI-driven vendor risk scoring, continuous monitoring, and shared assessment data to replace legacy questionnaire-based third-party cyber risk management programs.

Product overview

ProcessUnity offers a unified third-party risk management (TPRM) platform architecture consisting of a core TPRM Platform, the Global Risk Exchange data network, the ProcessUnity Risk Index scoring system, a Threat & Vulnerability Response module, Cybersecurity Risk Management solution, and an Affiliates/Intragroup Risk Management module. The platform is powered by HyperTPRM—an AI-driven approach that replaces traditional questionnaire-based assessments with continuous, data-first risk management. The core platform orchestrates the full vendor lifecycle from onboarding through offboarding, while the Global Risk Exchange provides shared vendor risk data across a network of over 370,000 curated profiles to reduce redundant assessments. The ProcessUnity Risk Index delivers real-time, controls-driven risk scoring by combining internal control intelligence with external security signals.

Differentiator

Problem solved

Functional benefit

Products and services

• Global Cyber Risk Exchange Cloud-based vendor risk data network hosting 370,000+ curated third-party risk profiles, accessed via auth.portal.cybergrx.com, that lets enterprises share and consume vendor risk assessments to reduce redundant third-party risk management work.

Quantifiable outcome

• 85% reduction in vendor onboarding cycle times
• +5 more outcomes

Named customers5 records

Segments9 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• ProcessUnity Risk Index PartnerscoreTechnology or IntegrationIntegration partnerships enabling the ProcessUnity Risk Index scoring system to combine internal control intelligence with external security signals for continuous vendor risk assessment.
• Global Risk Exchange NetworkcoreStrategic or Co-development PartnerNetwork of organizations sharing vendor risk data through the Global Risk Exchange, enabling reduced redundant assessments and expanded visibility across vendor ecosystems with 370,000+ curated vendor profiles.
• Regulatory Compliance Partners (DORA, APRA, ABAC, LkSG)coreStrategic or Co-development PartnerPurpose-built regulatory accelerators for DORA (EU Digital Operational Resilience Act), APRA (Australian Prudential Regulation Authority), ABAC (Anti-Bribery and Corruption), and LkSG (German Supply Chain Act) compliance.

Scale indicators4 records

Recent moves4 records

Expansion highlights5 records

Emerging players

• SecurityScorecard: Security ratings provider with a vendor risk management workflow and a marketplace for shared vendor assessments, comparable to CyberGRX's Global Risk Exchange and continuous monitoring capabilities.
• Whistic: Vendor security assessment and TPRM platform with a vendor risk network (Whistic Trust Catalog), competing with CyberGRX's Global Risk Exchange concept but typically serving mid-market and growth-stage enterprises.
• BitSight: Security ratings and TPRM platform combining external attack-surface scoring with vendor risk workflows—comparable to CyberGRX's external-signal-based ProcessUnity Risk Index approach.

Direct peers

• Prevalent: Direct TPRM platform competitor providing vendor risk assessments, a vendor risk network, and continuous monitoring—competing head-to-head with CyberGRX in the same enterprise third-party risk workflow.
• ProcessUnity: Direct TPRM platform competitor offering a third-party risk management suite with AI-driven assessments, a vendor risk exchange, and continuous monitoring. CyberGRX's product data appears substantially overlapping with ProcessUnity's documented platform, suggesting either deep partnership, overlap, or competitive identity ambiguity.
• OneTrust: Direct competitor offering a broad GRC and third-party risk management platform with a vendor risk exchange (OneTrust Vendor Risk Management) targeting the same enterprise buyers with questionnaire automation and continuous monitoring.
• Venminder: Direct TPRM competitor offering vendor risk management software combined with human-led assessments, serving regulated enterprises in financial services, healthcare, and other verticals that overlap with CyberGRX's customer base.

Broad incumbents

• RSA Archer: Long-standing GRC incumbent with a third-party risk management module; competes with CyberGRX for enterprise risk and compliance budgets and represents a frequent legacy modernization target.
• Diligent (Galvanize/ThirdPartyTrust): Governance, risk, and compliance platform with third-party risk management capabilities (including the ThirdPartyTrust acquisition), competing for the same enterprise GRC budget allocations as CyberGRX.
• ServiceNow (IRM / TPRM): Broad GRC/IRM incumbent offering integrated risk and third-party risk management modules within its enterprise platform, often displacing or surrounding point-solution TPRM vendors through platform consolidation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/cybergrx
• LinkedInlinkedin.com/company/cybergrx

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds4 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CyberGRX