Contingent

Third-Party Risk Management Softwarecontingent.ai

Contingent is a London-based SaaS company that provides a Supplier Insight and Third-Party Risk Management platform, aggregating data from thousands of sources to help procurement and supply chain teams across regulated, mid-market, and enterprise customers reduce risk and friction.

Company typePrivate
Founded2019
HeadquartersLondon, United Kingdom
Headcount11–50
GTM typeB2B
OfferingSoftware

What Contingent does

Contingent is a London-based, venture-backed SaaS company that operates a Supplier Insight and Third-Party Risk Management platform designed for procurement and supply chain teams. Founded in 2019, the platform aggregates data from thousands of third-party sources across insight domains including financial stability, legal/ownership, ESG & sustainability, regulatory compliance, technology & cyber, capacity/quality/performance, and markets & prices. These inputs are organized into a two-module architecture: a "Needs" module covering Due Diligence, Sourcing, Ongoing Monitoring, Supply Chain Mapping, and Operational Resilience, and an "Insights" module that delivers the underlying intelligence across the seven insight domains. The product is delivered as a multi-tenant SaaS subscription with tiered solutions tailored to three customer segments: regulated mid-sized businesses (all-in-one, primary segment), unregulated SMBs (lightweight), and enterprises (holistic cross-team vendor risk view).

The company monetizes via recurring SaaS subscriptions on a quote-based, consultative sales motion — the website features "Request a demo" and "Talk to an expert" CTAs rather than self-serve or published pricing. Go-to-market is enterprise field sales targeting procurement and supply chain leaders, with marketing emphasis on thought leadership around supply chain transparency, regulatory compliance, and risk reduction. Named customers include HM Government, Monzo, Seagate, and Bank of England, alongside endorsements from CIPS and BCI, with the company claiming use by hundreds of procurement and supply chain teams across 15 industries including Financial Services, Government, Life Sciences, Energy & Utilities, Construction, and Automotive. The platform holds ISO 27001 certification, an important trust credential for government and financial-services buyers.

As of the most recent funding event in March 2022, Contingent had raised $11 million in total, with an $8.2 million round led by Octopus Ventures (with participation from Ascension, Concentric, Connect Ventures, Seedcamp, and Working Capital). The company has earmarked capital for product development and geographic expansion into the United States and Continental Europe. Leadership comprises Tai Alegbe (CEO) and Stephen Ball (CRO). The company operates from London with a US phone number indicating initial cross-Atlantic sales presence, and it remains a privately-held, independent venture-backed entity with no parent company or controlling shareholder disclosed.

Contingent firmographics

Firmographics

Name: Contingent
Legal name: Contingent
Website: https://contingent.ai
Company type: Private
Founded year: 2019
Operating status: Operating
Headcount range: 11–50 employees
Short description: Contingent is a London-based SaaS company that provides a Supplier Insight and Third-Party Risk Management platform, aggregating data from thousands of sources to help procurement and supply chain teams across regulated, mid-market, and enterprise customers reduce risk and friction.
Ownership category
akta.pro rank

Contingent industry classification

Industry

Product category: Third-Party Risk Management Software
akta.pro primary industry: Compliance, Risk & Supplier Due Diligence (KYC/ESG/Sanctions) (BPAAAJAK)

Keywords

Supplier risk management
Third-party risk platform
Supply chain mapping
Procurement analytics
Vendor risk intelligence

Where Contingent is headquartered

Location

Headquarters

HQ city: London
HQ country: United Kingdom
HQ region: Europe

Offices1 record

Markets served

Contingent business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

SaaS Subscription: Subscription-based SaaS model with tiered solutions ranging from lightweight supplier insight for small/medium businesses to enterprise-focused holistic vendor risk platforms. Revenue generated through recurring subscription fees with different tiers tailored to business size and sophistication needs.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Contingent product offering

Product offering

Core offering

Contingent operates a Supplier Insight & Third-Party Risk Platform delivered as a SaaS subscription that aggregates supplier data from thousands of sources to give procurement and supply chain teams continuous visibility into their third parties. The platform is offered as three tailored solutions — an all-in-one solution for high-risk/regulated mid-sized businesses, a lightweight Supplier Insight solution for unregulated small/medium businesses, and a holistic vendor risk platform for enterprises.

Product overview

Contingent offers a unified Supplier Insight & Third-Party Risk Platform that combines two main modules: the Needs module (covering Due Diligence, Sourcing, Ongoing Monitoring, Supply Chain Mapping, and Operational Resilience) and the Insights module (providing Financial Stability, Legal/Ownership & Control, ESG & Sustainability, Capacity/Quality & Performance, Regulatory & Compliance, Technology & Cyber, and Markets & Prices intelligence). The platform aggregates data from thousands of sources to deliver real-time supplier insights, tailored solutions for different business sizes from small/medium unregulated businesses to highly regulated mid-sized businesses and large enterprises.

Differentiator

Problem solved

Functional benefit

Products and services

Supplier Insight & Third-Party Risk Platform (All-in-One for Regulated Mid-Market)
Supplier Insight (Lightweight Solution for SMBs)
Enterprise Holistic Vendor Risk Platform

Companies that use Contingent

Customer profile

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Contingent technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Contingent partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Contingent competitors and assessment

Company assessment

Direct peers

Prevalent: Prevalent offers a third-party risk management platform covering vendor assessment, ongoing monitoring, and supplier intelligence, directly overlapping with Contingent's Supplier Insight and TPRM product across regulated mid-market and enterprise buyers.
Resilinc: Resilinc provides supplier risk monitoring, supply chain mapping, and operational resilience solutions, closely mirroring Contingent's Needs module of due diligence, monitoring, mapping, and resilience.
Riskmethods: Riskmethods delivers a SaaS platform for supplier risk and supply chain monitoring with real-time alerts and ESG insights, addressing the same buyer personas and use cases as Contingent.
EcoVadis: EcoVadis is a sustainability ratings platform covering supplier ESG assessments and ongoing monitoring, directly competing with Contingent's ESG & Sustainability insights module across global supply chains.
Achilles Information: Achilles provides supplier qualification, prequalification, and ongoing monitoring services across regulated industries, sharing Contingent's regulated mid-market buyer profile and supplier due diligence focus.

Broad incumbents

Coupa (Risk / Supplier Management): Coupa offers vendor risk management as part of its broader business spend management platform, targeting the same enterprise procurement teams as Contingent but bundled inside a much larger suite.
SAP Ariba (Supplier Risk): SAP Ariba provides supplier risk and lifecycle management capabilities inside its procurement suite, serving the same enterprise customers but as part of a much wider source-to-pay platform.
Dun & Bradstreet: Dun & Bradstreet offers global supplier data and third-party risk intelligence through its data cloud, supplying many of the same underlying risk signals Contingent aggregates and reaching the same enterprise procurement buyers.
Moody's (Supply Chain & TPRM): Moody's provides supplier ESG, regulatory, and financial risk data and analytics as part of its broader ratings and risk offerings, directly overlapping with Contingent's insight domains across regulated enterprises.

Emerging players

Saidot: Saidot is an emerging AI governance and third-party risk platform that intersects with Contingent's technology & cyber and regulatory insight categories, though its scope is narrower and more AI-focused.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Contingent compliance and trust

Trust signal

Compliance1 record

Contingent financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Contingent leadership team

Management profile

Number of profiles

Profiles2 records

Contingent funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors7 records

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

Contingent M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Contingent

What does Contingent do?

Is Contingent a public or private company?

Contingent is a private company. It is classified as venture growth investor backed and is currently operating.

When was Contingent founded?

Contingent was founded in 2019. It employs 11 to 50 people.

Where is Contingent based?

Contingent is headquartered in London, United Kingdom, in the Europe region.

How does Contingent make money?

One revenue line is on record: saaS Subscription.

Who are Contingent's main competitors?

Direct peers on record are Prevalent, Resilinc, Riskmethods, EcoVadis and Achilles Information. Broad incumbents are Coupa (Risk / Supplier Management), SAP Ariba (Supplier Risk), Dun & Bradstreet and Moody's (Supply Chain & TPRM). Saidot is listed as an emerging player.

Does Contingent have an API?

No public API is recorded for Contingent.

What industry is Contingent in?

Contingent's product category is Third-Party Risk Management Software. Its primary akta.pro industry code is BPAAAJAK, Compliance, Risk & Supplier Due Diligence (KYC/ESG/Sanctions).