Versed AI

What Versed AI does

Versed AI is a UK-based AI company, headquartered in London and founded in 2019, that builds software for multi-tier supply chain visibility and risk management. The company's core product is an AI-driven platform that uses Natural Language Processing and Machine Learning to ingest unstructured data and construct a knowledge graph of supplier relationships, enabling customers to discover, visualise and monitor suppliers beyond Tier 1 down to the nth tier. It sells to large enterprises with complex global supply chains — including telecommunications (BT Sourced), defense and aerospace (BAE Systems), government, advanced manufacturing, automotive, and chemicals and life sciences — that face concentration risk, geographic exposure, modern slavery and ESG compliance obligations, and the inability to move from reactive to proactive risk management. Supporting products include Company Console, an NLP/ML alternative-supplier discovery platform launched in April 2022, plus data-as-a-service delivery and integrations with Snowflake, Databricks, AWS S3 and Stripe.

Versed AI monetises primarily through annual enterprise subscriptions with quote-based pricing, automatic renewal and a 10% fee increase on renewal, plus API access under self-service terms; pricing is not publicly disclosed and is denominated in pounds sterling. Go-to-market combines direct enterprise field sales, self-service via website and API portals, and channel partnerships — most notably SAP.io Foundry (May 2023), which provides joint selling into SAP enterprise clients and an SAP Store listing, and KPMG's Future Tech Programme (March 2023), which extends reach into KPMG's procurement and supply chain clients in Oceania and south-east Asia. The company is ISO 27001 certified (April 2022) and was named a Gartner Cool Vendor in Sourcing and Procurement Technologies in November 2022. In 2025, Versed AI was acquired by Exiger, with the combined entity positioned as a market leader in AI-driven multi-tier supply chain visibility; the company had previously raised approximately $1.7M in 2021 from Creator Fund and Parkwalk Advisors.

Name

Versed AI

Legal name

Versed AI Ltd

Website

https://versed.ai

Company type

Private

Founded year

2019

Operating status

Acquired

Headcount range

11–50 employees

Short description

Versed AI is a London-based AI company (founded 2019) that uses NLP and ML to map multi-tier supply chains, providing visibility, risk management and alternative supplier discovery to large enterprises across telecom, defense, manufacturing and regulated industries; acquired by Exiger in 2025.

Ownership category

akta.pro rank

Product category

Supply Chain Visibility and Risk Analytics

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

AI Supply Chain Security & SBOM/Model Provenance (artifacts, lineage) (HDAAAKAG)

akta.pro secondary industries

Third-Party Model/Vendor Risk & Supply-Chain Assurance (HDAAAMAK), Enterprise AI Data & Knowledge Platforms (Vector Databases, Knowledge Graphs) (HDAEANAH)

Keywords

• Supply chain visibility
• Multi-tier supplier mapping
• Supply chain risk management
• Alternative supplier discovery
• Supply chain compliance

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription-based Software License: Versed AI provides licensed services including API access, software interface for viewing data and insights, and data delivery tools. The terms of service indicate an annual subscription model with automatic renewal and a 10% fee increase upon renewal. Fees are selected on the supplier website via Order.
2. Supply Chain Data Analytics: Revenue generated from providing supply chain mapping services and data to customers, including multi-tier visibility insights and risk analytics.
3. API Access: Access to Application Programming Interface enabling customers to programmatically access supply chain data. Customers can implement measures to access data but must not circumvent API usage limitations.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels9 records

Core offering

Versed AI provides an AI-driven supply chain visibility platform that builds a knowledge graph of supplier relationships to deliver multi-tier (nth-tier) supply chain mapping, risk monitoring, and alternative supplier discovery for enterprises. Its core products include the Versed AI Platform for visibility and risk analytics and Company Console for alternative supplier discovery using Natural Language Processing and Machine Learning, complemented by Data-as-a-Service, API access, and integrations with Snowflake, Databricks, and AWS S3.

Product overview

Versed AI is an AI-driven supply chain visibility company offering a unified platform with multiple integrated solutions. The core platform creates a knowledge graph of supply chain intelligence, with Company Console enabling alternative supplier discovery through NLP and ML. The portfolio includes solution modules for supply chain mapping and visualization, multi-tier supply chain data delivery, operational resilience, supply chain risk management, modern slavery compliance, cyber security and fourth-party risk, and ESG compliance. Data export capabilities include API access and integrations with Snowflake, Databricks, and AWS S3. The flexible architecture supports both off-the-shelf analytics for rapid deployment and tailored Data-as-a-Service for integration into customer control towers.

Differentiator

Problem solved

Functional benefit

Products and services

• Versed AI Platform AI-driven supply chain visibility platform that creates a knowledge graph of supply chain intelligence, enabling enterprises to monitor, manage, and mitigate supply chain risks and identify constituents of their supply chains from top tier to nth tier.
• Company Console Alternative supplier discovery platform that allows users to search for alternative suppliers of products essential to their supply chain using Natural Language Processing and Machine Learning to identify multiple sources and improve supply chain resilience.
• Supply Chain Mapping & Visualisation Multi-tier supply chain visibility solution enabling companies to discover and map their sub-tier supply chains with automated supply chain mapping and visualization capabilities.
• Multi-Tier Supply Chain Data Data-as-a-service solution providing supply chain intelligence data across multiple tiers for integration into customer control towers and downstream analytics systems.

Quantifiable outcome

• US and European businesses collectively lost $4 trillion due to supply chain disruption, equating to 6-10% of average annual revenue (GEP report) - demonstrating the cost of inadequate visibility
• +3 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability5 records

Feature5 records

Partnerships

Five partnerships are on record, tiered flagship and core.

• SAP (via SAP.io Foundry)flagshipGTM or Marketing Partner · 24 May 2023Versed AI was selected as one of 10 startups out of 600 applications to join the SAP.io Foundry for Digital Supply Chain in New York. The programme fast-tracks integration with SAP and includes a launch on the SAP Store with direct exposure to the SAP sales team to jointly support SAP clients with AI-powered supply chain risk visibility and analytics.
• KPMG (Future Tech Programme)flagshipStrategic or Co-development Partner · 30 March 2023KPMG selected Versed AI for the first cohort of its Future Tech Programme, aiming to leverage cutting-edge supply chain technology to support KPMG's clients' biggest challenges. The partnership brings together KPMG's world-class procurement and supply chain expertise with Versed AI's multi-tier visibility technology. Over the next year, KPMG and Versed AI will work together to provide joint solutions across a range of procurement, supply chain and operations use cases, with support for clients in Oceania and south-east Asia.
• Digital CatapultcoreStrategic or Co-development Partner · 15 March 2023Digital Catapult collaborated with Versed AI on digital supply chain technologies research. Tim Lawrence, Director of Digital Supply Chain at Digital Catapult, gave a keynote at CIPS event showcasing Versed AI's technology and shared insights on the success of the research collaboration with BAE Systems to map supply chains at bill of materials level.
• BT SourcedcoreGTM or Marketing Partner · 15 March 2023BT Sourced is implementing Versed AI as a key element of their supplier risk analysis, enabling visibility multiple tiers upstream and supporting their transition from reactive to proactive risk management. Diarmuid O'Donoghue from BT Sourced shared their implementation at the CIPS Digitally Transforming Supply Chains event.
• BAE SystemscoreStrategic or Co-development Partner · 15 March 2022Versed AI conducted research collaboration with BAE Systems to map supply chains on a bill of materials level. The collaboration achieved advantages including visibility where previously there was none, speed of information, actionable insights, and highly relevant information without the noise.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Resilinc: Resilinc is one of the most established AI-driven multi-tier supply chain visibility and risk monitoring platforms, mapping sub-tier suppliers and providing event-driven risk alerts. It is a direct competitor to Versed AI's core supply chain mapping and risk-management use cases for large enterprises.
• Riskmethods: Riskmethods provides a SaaS platform for supplier risk identification, monitoring, and ESG/sustainability risk management across global supply chains. It overlaps directly with Versed AI's supply chain risk management, ESG compliance, and fourth-party risk modules.
• Elementum: Elementum offers an AI-native supply chain management platform that unifies operational data and provides real-time visibility and risk analytics. It is a direct peer to Versed AI's platform approach of using AI/ML to surface supply chain insights and risks.
• Altana: Altana builds an AI-powered knowledge graph of global supply chain relationships for trade compliance, risk, and procurement use cases. Its data-network-effect approach to multi-tier supply chain mapping is the closest conceptual analogue to Versed AI's knowledge graph thesis.
• Sayari: Sayari provides global corporate and supply chain intelligence using graph analytics and AI to map ownership and supplier networks. It is a direct peer in using AI/knowledge graphs to surface sub-tier supplier risk for enterprise, government, and financial-services customers.

Broad incumbents

• Exiger: Exiger is the strategic acquirer of Versed AI and offers supply chain risk management, third-party risk, and regulatory compliance software for enterprise and government. Post-acquisition, it is both Versed's parent and a comparable broad supplier-risk and compliance platform.
• Sphera: Sphera (formerly part of IHS Markit) is an established enterprise software vendor for operational risk, EHS, ESG, and supply chain risk management. It overlaps with Versed AI across supplier risk, ESG compliance, and operational resilience use cases for large enterprises.
• Coupa Software: Coupa is a large business spend management (BSM) platform that includes supplier risk, contract management, and supply chain visibility capabilities. It is a broad incumbent competitor for enterprise procurement and supplier-risk buyers that Versed AI also targets.
• SAP (Integrated Business Planning / Ariba): SAP offers supply chain planning (IBP), procurement (Ariba/SAP Business Network), and supplier risk solutions as part of its enterprise suite. As Versed's flagship channel partner (SAP.io Foundry, SAP Store), SAP is both an important distributor and a potential competitor as it bundles native multi-tier visibility features.

Emerging players

• Prewave: Prewave is an AI-driven supply chain risk and ESG intelligence platform focused on mapping supplier networks and surfacing risks from news, regulatory, and ESG data. It is an emerging European peer with comparable AI-first, multi-tier supply chain visibility positioning to Versed AI.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/versedai
• LinkedInlinkedin.com/company/versed-ai

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors2 records

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

M&A

Investments

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

Frequently asked questions about Versed AI