Argos Risk

What Argos Risk does

Argos Risk is a U.S.-based SaaS provider of third-party risk intelligence, founded in 2010 and headquartered in Edina, Minnesota. Its flagship product, AR Surveillance, continuously monitors more than 32 million companies and synthesizes over 10,000 data points per entity into 38+ proprietary priority risk scores through its Argonomics algorithm engine. The platform delivers automated daily alerts and real-time dashboard reporting on material events such as lawsuits, liens, mergers, acquisitions, and executive changes, addressing credit, vendor, ACH/RDC origination, indirect lending, commercial lending, and supply chain risk.

The company sells subscription access to AR Surveillance alongside modular use-case solutions (Vendor Management, ACH/RDC Origination, Accounts Receivable Management, Indirect Lending, Commercial Lending, Business Development, Supply Chain Management), with entry-level pricing starting at $99 per month and scaling with volume. Its go-to-market combines direct sales (demo requests, 877-RISK-411) with an unusually broad affiliate and technology integration network that includes core banking vendors (MeridianLink, BankTEL, MDT), GRC and TPRM platforms (Privva, Gatekeeper, Origami Risk, Fusion Risk Management, 360factors, ThirdPartyTrust, Vendor Centric), a Mastercard-backed cybersecurity alliance (RiskRecon), and vertical specialists (ManufacturingPower, Lendovative, Maple Street, Cornerstone).

Argos Risk primarily serves banks, credit unions, and other financial institutions, with expanded use across manufacturing, healthcare, retail, and transportation. The company has been bootstrapped since its last disclosed funding in 2015, operates with 11-50 employees, and in 2025 announced both a major global expansion of AR Surveillance and the promotion of Kevin Sasser to Chief Revenue Officer, signaling a push from U.S. financial-institution core into broader international and vertical markets.

Name

Argos Risk

Legal name

Argos Risk, LLC

Website

https://argosrisk.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Argos Risk provides subscription-based third-party risk intelligence SaaS (AR Surveillance) to financial institutions and commercial businesses, using proprietary Argonomics algorithms to continuously monitor 32M+ companies and generate 38+ priority risk scores from 10K+ data points per entity.

Ownership category

akta.pro rank

Product category

Third-Party Risk Intelligence SaaS

NAICS

Activities Related to Credit Intermediation (5223)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro primary industry

Third-Party Risk, Vendor Due Diligence & Supply Chain Compliance (BPAEAPAG)

akta.pro secondary industries

Third-Party Monitoring, Vendor Risk & Control Testing for Market Infrastructure (FSAFAKAO), Sustainable Finance & ESG Ratings/Benchmarking Support (EUAHAJAH)

Keywords

• Third-party risk intelligence
• Vendor risk monitoring
• Credit risk management
• ACH originator risk
• Supplier risk assessment

Headquarters

HQ city

Minneapolis

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, Infrastructure, Operations

Revenue model

1. Subscription Services: Innovative and affordable subscription services that help companies manage the risks associated with their third-party relationships. The subscription-based service started at $99 per month as an entry point and increases with volume.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Argos Risk provides a cloud-based subscription SaaS platform, AR Surveillance, that continuously monitors and scores the financial health and business risk of third-party relationships (vendors, customers, ACH/RDC originators, indirect lending dealers, and supply chain partners). Powered by its proprietary Argonomics™ algorithms, the platform synthesizes 10,000+ data points across 32+ million companies to produce 38+ priority risk scores, automated daily alerts, and real-time dashboards for financial institutions and commercial businesses.

Product overview

Argos Risk offers a subscription-based SaaS platform centered on its flagship product, AR Surveillance, which provides continuous third-party risk intelligence to help companies manage and mitigate risks associated with their third-party relationships. The platform is powered by the proprietary Argonomics technology platform, which synthesizes over 10,000 data points per monitored company into 38+ risk priority scores delivered via real-time dashboards and automated daily alerts. The core platform is available across multiple solution modules addressing specific use cases: Vendor Management, ACH/RDC Origination, Accounts Receivable Management, Indirect Lending, Commercial Lending, Business Development, and Supply Chain Management. These modules serve financial institutions (banks, credit unions), commercial businesses, and manufacturers, enabling proactive monitoring of critical customers, vendors, originators, and prospects. The company has formed a broad ecosystem of technology integrations, embedding AR Surveillance data into third-party vendor management, GRC, risk, compliance, insurance, and operational resilience platforms.

Differentiator

Problem solved

Functional benefit

Brands

• AR Surveillance: The company's flagship SaaS solution for third-party risk intelligence, providing automated monitoring, scoring, and daily alerts on third-party relationships
• Argonomics

Products and services

• AR Surveillance AR Surveillance is a cloud-based SaaS platform that continuously monitors, gathers, and analyzes critical business information to deliver third-party risk intelligence. It produces 38+ priority risk scores covering financial viability, trade payment behavior, business health, industry outlook, ESG, and cybersecurity for each monitored entity, and generates automated daily alerts and real-time dashboard reports on material events (lawsuits, liens, mergers, executive changes). The platform is sold to financial institutions (banks, credit unions) and commercial businesses to manage vendor, ACH/RDC originator, indirect lending, commercial lending, accounts receivable, business development, and supply chain risk.
• Vendor Management solution The Vendor Management solution is a use-case module within AR Surveillance that helps financial institutions and commercial entities monitor and manage the financial health of their vendors and service providers, supporting vendor due diligence, ongoing monitoring, and regulatory compliance with third-party risk management standards.
• ACH/RDC Origination solution The ACH/RDC Origination solution is a use-case module within AR Surveillance that helps Originating Depository Financial Institutions (ODFIs) monitor and assess the financial health and risk profile of ACH and Remote Deposit Capture originators in order to mitigate third-party payment risk and support compliance with payment regulations.
• Accounts Receivable Management solution The Accounts Receivable Management solution is a use-case module within AR Surveillance that helps businesses manage accounts receivable by assessing the financial health of customers and vendors in order to protect cash flow and minimize credit risk.
• Indirect Lending solution The Indirect Lending solution is a use-case module within AR Surveillance designed for credit unions and lenders to monitor and manage the financial health and creditworthiness of dealers and indirect lending relationships, including ongoing portfolio risk assessment of dealership counterparties.
• Commercial Lending solution The Commercial Lending solution is a use-case module within AR Surveillance that helps commercial lenders and business banking teams assess and monitor the financial viability and business health of borrowers and lending clients in order to mitigate credit risk across the commercial loan portfolio.
• Business Development solution The Business Development solution is a use-case module within AR Surveillance that supports business development and prospecting initiatives by providing risk intelligence on prospective and existing customers and commercial relationships.
• Supply Chain Management solution The Supply Chain Management solution is a use-case module within AR Surveillance that helps organizations manage and monitor risks across their supply chain by assessing the financial health and business viability of suppliers and trading partners.
• AR Surveillance 2020 Kickoff Release Enhanced platform release of AR Surveillance introducing advanced reporting, alerts, and new functionality designed to optimize risk mitigation resources for subscribers.

Quantifiable outcome

• 38+ priority scores generated per monitored entity
• +3 more outcomes

Named customers7 records

Segments9 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability4 records

Feature4 records

Partnerships

19 partnerships are on record, tiered core and major.

• DocuBarkcoreTechnology or Integration · 1 February 2026Strategic partnership to integrate third-party risk intelligence data into DocuBark's AI-powered TPRM automation platform. Provides organizations with enhanced financial, cyber, compliance, and ESG insights for faster vendor assessments and FAIR-based risk quantification.
• CornerstonecoreStrategic or Co-development Partner · 1 July 2024Strategic partnership to elevate Third-Party Risk Intelligence offerings. Cornerstone is a leading provider of enterprise risk management solutions.
• 360factorscoreTechnology or Integration · 1 November 2023Partnership to deliver integrated solutions for Third-Party Risk Management and Regulatory Compliance. Integrates Argos Risk's AR Surveillance with 360factors' Predict360 compliance and risk management platform.
• LendovativemajorTechnology or Integration · 1 September 2022Integration of AR Surveillance with Lendovative's BB-360 borrowing base lending platform, empowering financial institutions to serve business clients' cash flow needs.
• Fusion Risk ManagementcoreTechnology or Integration · 1 August 2022Integration of AR Surveillance into Fusion's operational resilience and business continuity platform. Enables organizations to maintain resilient operations with third-party risk intelligence data.
• RiskRecon (Mastercard)coreTechnology or Integration · 1 February 2022Partnership through RiskRecon's Global Cybersecurity Alliance Program. Embeds RiskRecon cybersecurity risk insights and ratings into Argos Risk's AR Surveillance platform.
• Origami RiskcoreTechnology or Integration · 1 January 2022Strategic partnership to provide insurance management teams with credit risk insight into key third-party relationships through integration with Origami's risk, safety, and insurance SaaS platform.
• PrivvamajorTechnology or Integration · 1 April 2020Integration adding visualization of vendor security assessments. Argos Risk's data enriches Privva's third-party risk management platform for customers across financial services, legal, technology, healthcare, government, and higher education.
• GatekeepermajorTechnology or Integration · 1 April 2020AI-driven Contract & Vendor Management SaaS partnership providing up-to-date risk information on key vendors. Integration helps with pre-signature decision-making and ongoing vendor monitoring.
• CastleHill Managed Risk SolutionsmajorImplementation/ SI/ Consulting Partner · 1 April 2020Partnership offering Argos Risk's AR Surveillance to CastleHill's GRCaaS customers for third-party risk management. CastleHill helps clients build and manage effective, process-driven risk and compliance programs.
• Vendor CentriccoreStrategic or Co-development Partner · 1 March 2020Strategic partnership to help regulated industries mitigate third-party financial risks. Vendor Centric specializes in best-in-class vendor management software and provides comprehensive services for third-party risk management.
• ManufacturingPowermajorChannel Partner/ Reseller/ Distributor · 1 February 2020Partnership provides manufacturers insight to assess supplier risk levels and reduce third-party credit risk. ManufacturingPower serves small to mid-sized manufacturing companies with market intelligence solutions.
• Maple StreetcoreChannel Partner/ Reseller/ Distributor · 1 August 2019Affiliate Partnership Agreement with Maple Street, recognized leader in vendor relationship management services to credit unions and community banks. AR Surveillance integrated into Vendor Advantage System.
• CUNAmajorGTM or Marketing Partner · 1 May 2019Partnership with Credit Union National Association to present webinars on third-party risk management. CUNA is the most influential financial services trade association advocating for America's credit unions.
• SAI GlobalmajorStrategic or Co-development Partner · 1 February 2019Strategic partnership to enable organizations to mitigate risks from third-party vendors with an integrated approach to manage complexities of vendor risk. SAI Global is a recognized leader of Integrated Risk Management solutions.
• MeridianLinkcoreChannel Partner/ Reseller/ Distributor · 1 September 2018Partnership to offer financial industry partners access to due diligence tools for credit risk management. MeridianLink is a developer of the financial industry's first multi-channel loan and new account origination platform.
• BankTELmajorChannel Partner/ Reseller/ Distributor · 1 March 2018Partnership with BankTEL, an industry leader in compliant financial accounting software solutions. Kevin Sasser presented 'Manage your Vendor Health and Risk' at BankTEL's annual conference.
• Member Driven Technologies (MDT)majorChannel Partner/ Reseller/ Distributor · 1 January 2018Partnership provides MDT's credit union clients with vendor risk and business health assessment solution. MDT provides private cloud alternative for core banking and IT needs to credit unions.
• ThirdPartyTrustmajorTechnology or Integration · 1 April 2017Partnership enables ThirdPartyTrust to incorporate key business health information from Argos Risk into their SaaS-based vendor management platform. Integrates Argonomics algorithms into ThirdPartyTrust vendor profiles.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Venminder: Venminder is a TPRM platform purpose-built for banks, credit unions, and financial services — directly comparable to Argos Risk's primary FI segment and indirect lending use case.
• ProcessUnity: ProcessUnity is a direct competitor offering a TPRM platform with vendor onboarding, risk assessments, and continuous monitoring for financial institutions and enterprises — closely overlapping with AR Surveillance's vendor management use case.
• Prevalent: Prevalent delivers a third-party risk management platform with vendor assessments, continuous monitoring, and TPRM analytics — competing with Argos Risk across financial services and regulated enterprise verticals.

Broad incumbents

• ServiceNow: ServiceNow's Integrated Risk Management suite includes TPRM capabilities sold to large enterprises and FIs. Its scale and procurement footprint create indirect competitive pressure on Argos Risk's mid-market positioning.
• Dun & Bradstreet: Dun & Bradstreet provides business credit data, master data, and vendor risk insights at massive scale. Argos Risk competes as a more affordable, FI-focused alternative for credit-risk monitoring.
• Experian Business: Experian provides commercial credit reports and business intelligence used for credit risk and vendor monitoring — competing with Argos Risk on data depth while serving a much broader customer base.
• OneTrust: OneTrust is a broad GRC, privacy, and TPRM incumbent used by large enterprises and FIs. Its TPRM module competes head-on with AR Surveillance as part of a much larger portfolio.
• Creditsafe: Creditsafe is a global business credit and TPRM data provider with international coverage. Comparable to Argos Risk on credit-monitoring functionality but with broader geographic reach.

Emerging players

• RiskRecon (Mastercard): RiskRecon, a Mastercard company, provides cyber risk ratings and is a current integration partner of Argos Risk. It overlaps with AR Surveillance's cybersecurity scoring dimension and is a partial competitor for cyber-focused TPRM deals.
• Origami Risk: Origami Risk is a risk, safety, and insurance SaaS platform that integrates AR Surveillance for third-party credit risk. It is both a channel partner and a partial competitor for embedded TPRM functionality in insurance workflows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/argosrisk
• LinkedInlinkedin.com/company/argos-risk

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds3 records

Investors

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 Argos Risk