What Venseca does

Venseca, Inc. is a US-based, privately held software company founded in 2022 and headquartered in Breinigsville, Pennsylvania. The company operates a patent-pending Digital Trust Ecosystem platform that produces standardized, independently validated Vendor Risk Assessments (VRAs) and a single Digital Trust Score for each supplier. Each assessment ingests more than 80 validated inputs — including HECVAT, HIMSS, HIPAA, CAIQ questionnaires, CMMC and SOC 2 Type 2 reports, internal security policies, penetration testing data, cybersecurity training records, and dark web scanning — and consolidates them into a shareable VRA report and an at-a-glance numerical rating. Customized subscriber dashboards aggregate VRAs by industry for portfolio-level third-party cyber risk visibility, and a Cyber Liability Assessment module packages the same data as cyber telematics for insurance underwriters.

Venseca runs a two-sided, vendor-funded business model. Service providers (suppliers) purchase their own VRA and Digital Trust Rating directly from Venseca, shifting the assessment burden from buyers to suppliers and populating a shared library of pre-validated assessments. Buyer organizations — TPRM and GRC program owners — subscribe to the Venseca Portal to access that library, search suppliers by name or category, and monitor portfolio risk. Pricing for both streams is not publicly disclosed. Go-to-market is sales-led (Sales Manager, Sales Representative, and Director of Strategic Partnerships roles, all remote-US) and supplemented by two strategic channels: a partnership with BSI (British Standards Institution) for Digital Trust remediation services, and a distribution relationship with Alera Group for cyber liability insurance. The company claims customer traction across five verticals — healthcare, education, legal, financial services, and energy — with a 'Refer a Vendor' program intended to grow the supply-side network. Total disclosed funding is $185,000 from Ben Franklin Technology Partners of Northeastern Pennsylvania (December 2022); the company has no public API, no disclosed AI/ML capabilities, and no senior leadership team disclosed beyond co-founders Jim Burnett (CEO) and Lance Mueller (SVP of Business Development).

Name

Venseca

Legal name

Venseca, Inc.

Website

https://venseca.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

251–500 employees

Short description

Venseca operates a two-sided marketplace where vendors purchase validated Vendor Risk Assessments and Digital Trust Scores, and buyer organizations subscribe to industry dashboards for third-party cyber risk evaluation across healthcare, education, legal, financial services, and energy verticals.

Ownership category

akta.pro rank

Product category

Third-Party Risk Management Software

akta.pro primary industry

Third-Party/Vendor Risk Management (TPRM/VRM) (HDADAIAE)

akta.pro secondary industry

Third-Party/Vendor Risk & Due Diligence (TPRM, continuous monitoring) (FSAGAFAJ)

Keywords

• Third-party risk management
• Vendor risk assessment
• Cybersecurity risk scoring
• Digital trust ratings
• Supply chain security

Headquarters

HQ city

Breinigsville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Vendor-purchased Risk Assessment: Vendors (suppliers) purchase their Vendor Risk Assessment and Digital Trust Rating directly from Venseca; this places the burden of the assessment on the supplier rather than the buyer, creating a library of pre-validated assessments that subscriber organizations can access.
2. Subscriber Dashboard Access: Organizations subscribe to Venseca's customized dashboards to gain immediate access to their suppliers' risk assessments and Digital Trust Scores across an industry, with streamlined vendor discovery and portfolio-level cyber risk visibility.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Venseca operates a patent-pending Digital Trust Ecosystem platform that produces at-a-glance Digital Trust Scores and independently validated Vendor Risk Assessments for third-party suppliers, drawing on more than 80 standardized cyber risk data inputs (questionnaires, attestations, policies, penetration testing, training). Vendors purchase their own assessments while buyer organizations subscribe to customized dashboards to access the assessment library and portfolio-level TPRM visibility.

Product overview

Venseca offers a single unified platform — the Digital Trust Ecosystem — built around its patent-pending scoring and assessment engine. At the core sit two tightly linked offerings: the Digital Trust Score (the at-a-glance numerical cyber risk rating for a vendor) and the Vendor Risk Assessment (the comprehensive validated report feeding that score, drawn from 80+ inputs). These core outputs are consumed by subscribers through the Venseca Portal and surfaced via two add-on modules: Customized Dashboards, which aggregate portfolio-wide supplier risk views by industry, and the Cyber Liability Assessment, which packages the same data as cyber telematics for insurance carriers and underwriters via the BSI partnership.

Differentiator

Problem solved

Functional benefit

Products and services

• Digital Trust Score At-a-glance, numerical rating system generated by Venseca's patent-pending evaluation that synthesizes documentation, policies, certifications, recent testing efforts, InfoSec team credentials, cyber liability insurance status, and dark web scanning into a single cyber risk rating for a service provider. Targeted at TPRM/GRC buyer organizations needing a standardized trust signal across their vendor portfolio.
• Vendor Risk Assessment (VRA) Comprehensive, independently validated report on a supplier's cyber risk posture built from more than 80 data inputs including HECVAT, HIMSS, HIPAA, CAIQ questionnaires, CMMC and SOC 2 Type 2 reports, internal security policies, penetration testing, and cybersecurity training records. Vendors purchase the VRA directly so buyer organizations can access it in the Venseca library.
• Customized Dashboards Subscriber-facing dashboard providing immediate access to all available Vendor Risk Assessments within a given industry, supplier search by name or service category, industry-relevant news, and a combined view of the subscriber's overall third-party risk profile across their vendor portfolio.
• Cyber Liability Assessment Insurance-oriented assessment service that combines VRA data with BSI's real-time monitoring to deliver cyber telematics to insurance carriers and underwriters, enabling more accurate cyber liability premiums and providing insured vendors with remediation tools during the policy term.

Quantifiable outcome

• Replaces many-to-many vendor questionnaire exchanges with a single standardized library accessible to all subscriber organizations.
• +2 more outcomes

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

Two partnerships are on record, tiered flagship / core ecosystem partner and core partner for insurance distribution.

• BSI (British Standards Institution)flagship / core ecosystem partnerStrategic or Co-development PartnerBSI is described as a 'Global provider of Digital Trust solution services and implementations' and is featured on the Venseca home page as a core ecosystem partner. On the Cyber Liability Assessment page, Venseca explicitly states it works 'in partnership with BSI (a leading provider of digital trust remediation and legal solutions)' to create the Digital Trust Ecosystem, with BSI's digital trust solutions providing the insured with immediate access to remediation tools during their cyber liability coverage term.
• Alera Groupcore partner for insurance distributionChannel Partner/ Reseller/ DistributorAlera Group is featured on the Venseca home page as an 'Industry leading provider of cyber liability insurance' and partner in the Digital Trust Ecosystem. The partnership supports Venseca's Cyber Liability Assessment service line, which works 'in conjunction with leading insurance providers and underwriters' to right-size cyber liability insurance premiums based on Venseca's Vendor Risk Assessment data and real-time monitoring.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• BitSight: BitSight pioneered the security ratings category and sells continuous vendor cyber risk ratings plus TPRM workflow tools to enterprises. Like Venseca, it sells a numerical trust signal to procurement and GRC teams, and is also expanding into cyber insurance underwriting — a direct overlap with Venseca's cyber telematics product.
• ProcessUnity: ProcessUnity provides a TPRM platform for vendor onboarding, due diligence, and continuous monitoring, sold primarily to financial services and other regulated enterprises — a buyer base that overlaps significantly with Venseca's financial services and healthcare verticals.
• UpGuard: UpGuard provides third-party risk management and vendor security ratings, with continuous external scanning plus questionnaire automation. It competes head-to-head with Venseca on enterprise TPRM, and similarly markets risk ratings into procurement and GRC buying centers.
• SecurityScorecard: SecurityScorecard is the category-leading vendor security ratings platform, generating letter-grade cyber risk scores for third parties — directly analogous to Venseca's Digital Trust Score. Both sell continuous, externally observable risk scores into enterprise TPRM programs, making SecurityScorecard Venseca's most direct large-scale competitor.
• Panorays: Panorays delivers automated third-party security risk management, combining external attack surface assessments with questionnaire management. It is a focused TPRM vendor comparable to Venseca on product scope and target buyer (enterprise security/risk teams).
• Prevalent: Prevalent offers a third-party risk management platform with vendor assessments, network risk scoring, and remediation workflows. It competes directly with Venseca in the same buyer (GRC/TPRM) persona across multiple regulated industries.
• Whistic: Whistic pioneered the vendor-pays security assessment model with its 'Trust Catalog,' which mirrors Venseca's vendor-funded VRA approach. Both platforms aim to eliminate buyer-side questionnaire fatigue by having suppliers publish reusable, shareable assessments — making Whistic Venseca's closest direct peer on go-to-market model.

Broad incumbents

• ServiceNow Vendor Risk Management: ServiceNow's Integrated Risk Management suite includes a mature Vendor Risk Management module, embedded in the Now Platform. It is a broader incumbent that displaces point-solution TPRM vendors via existing ServiceNow enterprise footprints, especially in regulated industries where Venseca is also selling.
• RiskRecon (a Mastercard company): RiskRecon, now part of Mastercard, provides vendor security ratings and cyber risk assessment and is embedded into Mastercard's broader cyber/services offerings. It competes with Venseca on the ratings layer and benefits from Mastercard distribution to enterprise customers and the financial industry vertical Venseca targets.
• OneTrust: OneTrust is a broad GRC, privacy, and third-party risk platform that includes vendor risk management as one module in a much wider portfolio. It is not a focused TPRM player, but its scale and cross-sell motion make it a significant incumbent that buyers may choose over Venseca for bundled GRC functionality.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

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 Venseca