YAGHMA

What YAGHMA does

YAGHMA is a Dutch private limited company (B.V.) headquartered in Delft, Netherlands, with a team of 8 operating across Europe and Israel. The company provides assessment, governance, and consulting services that help organizations measure and monitor the non-financial impacts of technology—spanning ethical, legal, social, environmental, and governance dimensions—across the AI lifecycle. Its core product is SurikaS, a principles-based AI governance SaaS platform that enables enterprise AI teams to evaluate projects against organizational policies, regulatory frameworks (EU AI Act, IEEE, OECD), and peer benchmarks, with quarterly monitoring and actionable recommendations. YAGHMA also offers a portfolio of professional services including AI Impact Assessment (ImpactRadar), an AI Taxonomy for healthcare, Ethics Auditing, Sustainability and Circularity Assessment, Social Life Cycle Assessment (S-LCA), Resilience Analysis, and Monitoring Non-Financial Risks, as well as a co-developed Ethical Technology Assessment (eTA) framework delivered in partnership with VTT Finland.

The company's revenue model is hybrid: subscription SaaS revenue from SurikaS (enterprise, quote-driven, currently nascent), professional services revenue from assessment and auditing engagements, and significant income from EU-funded research projects (Horizon Europe and Horizon 2020) where YAGHMA acts as coordinator or scientific partner on initiatives such as BioRadar, READJUST, RURACTIVE, ALICIA, LUCIA, REALM, MOTIVATE XR, PRECIOUS, TETRRIS, and TexMat. YAGHMA serves a diverse customer base that includes enterprise AI teams (the primary commercial segment), government agencies, non-profits, and educational institutions, but the majority of its current relationships are as a research consortium partner rather than a paid commercial customer. Distribution is primarily through direct enterprise sales (with a newly recruited Account Manager), the website, and the VTT channel partnership, plus event-driven demand generation through EU project visibility and conference presentations.

Name

YAGHMA

Legal name

YAGHMA B.V.

Website

https://yaghma.nl

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

YAGHMA is a Delft-based AI governance consultancy that provides AI impact assessment, ethics auditing, and sustainability services through its SurikaS SaaS platform and EU research project partnerships, serving enterprise AI teams, governments, and research institutions across Europe.

Ownership category

akta.pro rank

Product category

AI Governance Software

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

AI Governance, Risk & Compliance (GRC) Platforms (HDAAAMAA)

akta.pro secondary industries

Model Governance, Risk & Compliance (GRC) Platforms (HDAAAKAA), LLM/GenAI Guardrails & Safety Controls (policy, filtering, routing) (HDAAAKAD), Model Transparency, Explainability & Interpretability (XAI) (HDAAAMAB), Responsible AI, AI Governance & Compliance Services (BPAEAHAJ), Audit, Explainability & Accountability Tooling (traceability, reporting) (HDAAAKAL), Third-Party Model/Vendor Risk & Supply-Chain Assurance (HDAAAMAK)

Keywords

• AI governance software
• AI impact assessment
• Ethical technology assessment
• Responsible AI consulting
• Sustainability assessment

Headquarters

HQ city

Delft

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SurikaS SaaS Platform Revenue: Governance Risk and Compliance (GRC) SaaS product generating recurring subscription revenue from enterprise customers. Net Revenue Expansion measured through Net Revenue Retention from expansion and renewal revenue.
2. European Research Project Funding: Participates in and coordinates multiple EU-funded research projects (Horizon Europe, Horizon 2020) as a scientific partner, receiving funding for assessment activities. Coordinator of BioRadar, READJUST, and RURACTIVE projects.
3. Ethical Technology Assessment Services: Collaboration with VTT Finland offering tailored Ethical Technology Assessment (eTA) services to private and public organisations for responsible technology use assessment.
4. Ethics Auditing Services: Project compliance reviews against EU, national, and international standardized ethics requirements including iteration process for ethical value implementation.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

YAGHMA provides AI governance solutions and non-financial impact assessment services that help organizations evaluate and monitor the ethical, legal, social, environmental, and governance dimensions of AI systems across their lifecycle. The company sells SurikaS, a SaaS AI governance platform, alongside consulting services including AI Impact Assessment, Ethics Technology Assessment (eTA, jointly delivered with VTT Finland), Ethics Auditing, Sustainability and Circularity Assessment, Social Life Cycle Assessment, Resilience Analysis, and Monitoring of Non-Financial Risks.

Product overview

YAGHMA offers a portfolio of AI governance, ethics, and sustainability assessment services centered around its core SurikaS AI governance platform. The offering spans AI Impact Assessment (covering materiality analysis, dynamic impact evaluation, project strategy, and ongoing oversight/auditing), AI Taxonomy (a healthcare-specific classification tool built from the impact assessment methodology), Ethics Technology Assessment (eTA — a science-based framework co-developed with VTT Finland), Ethics Auditing (EU/international compliance review), and a suite of sustainability services including Sustainability and Circularity Assessment, Social Life Cycle Assessment (S-LCA), Monitoring Non-Financial Risks, and Resilience Analysis. SurikaS serves as the primary productized platform for AI governance and risk compliance, while the remaining services are delivered as consulting engagements.

Differentiator

Problem solved

Functional benefit

Brands

• SurikaS: An AI governance platform that bridges the gap between project management and impact assessment, helping teams track progress against established principles and policies while providing actionable insights for improvement.

Products and services

• SurikaS AI governance platform that helps organizations measure and improve the impact of AI projects by evaluating them across social, environmental, ethical, legal, and governance dimensions through a principles-based methodology, providing actionable insights and aligning projects with organizational policies and regulatory requirements.
• AI Impact Assessment Lifecycle-based AI impact assessment covering materiality analysis, contextualization of ethical, legal, social, and health priorities, dynamic impact evaluation, strategy integration, and periodic auditing and monitoring to ensure AI systems remain trustworthy and aligned with sector priorities.
• Ethics Technology Assessment (eTA) Science-based ethical technology assessment framework developed in collaboration with VTT Technical Research Centre of Finland that helps organizations build capabilities on responsible technology use through document analysis, thematic interviews, workshops, and structured self-assessment to create improvement roadmaps.
• Ethics Auditing Compliance review assessing projects against EU, national, and international standardized ethical requirements, including in-house policies on API integration, cookies, privacy, security, health and safety, and personal data management, with iterative reassessment and GDPR compliance verification.
• Sustainability and Circularity Assessment Systematic analysis of environmental, social, and economic sustainability aspects combining Life Cycle Assessment (LCA), circularity metrics, stakeholder analysis, and ecosystem analysis to help organizations transition to circular economy models and meet EU regulatory requirements.
• Social Life Cycle Assessment (S-LCA) Comprehensive evaluation of social impacts of organizations, systems, or products across their full life cycle following the UNEP 2020 framework, encompassing goal and scope definition, life cycle inventory analysis, impact assessment, and interpretation validated through materiality assessment.
• Resilience Analysis Systematic identification of risks within value networks with a systems perspective, establishing KPIs for monitoring significant risks and developing frameworks for resilient policies with change indicators to help organizations adapt to external disruptions and shifts.
• Monitoring Non-Financial Risks Monitoring framework for environmental, social, and governance (ESG) values covering KPI development, action design, and ongoing performance monitoring to provide assurances over business operations and practical recommendations for sustainable growth.
• AI Taxonomy First-of-its-kind categorization and classification tool for the healthcare sector, providing healthcare professionals, policymakers, and health data managers with trustworthy features, business actions, and performance criteria for AI systems to support informed decisions on AI design, development, deployment, and use aligned with EU AI Act, IEEE, and OECD principles.

Quantifiable outcome

• 200+ external impact factors analyzed for comprehensive AI disclosure coverage
• +2 more outcomes

Named customers12 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature10 records

Partnerships

45 partnerships are on record, tiered core, primary, secondary and consortium.

• VTT Technical Research Centre of Finland LtdcoreStrategic or Co-development PartnerCollaboration between YAGHMA B.V. and VTT to assist private and public organisations with Ethical Technology Assessment (eTA). YAGHMA and VTT jointly deliver eTA services, combining YAGHMA's AI impact assessment expertise with VTT's science-based research capabilities.
• Greenovate! EuropecoreStrategic or Co-development PartnerYAGHMA is a new member of Greenovate! Europe network, a sustainability and innovation network providing collaboration opportunities and knowledge sharing on sustainability transitions.
• Corporate Teams (Enterprise)primaryOthersEnterprise corporate teams developing or deploying AI systems as primary customers for AI governance and risk assessment solutions.
• AI Development TeamsprimaryOthersTeams specifically developing AI systems as primary users of SurikaS for impact assessment and policy compliance tracking.
• AI Procurement TeamssecondaryOthersTeams responsible for procuring AI solutions who use SurikaS for vendor evaluation and compliance assessment.
• Policy Compliance TeamssecondaryOthersTeams using SurikaS to track compliance with organizational policies and regulatory requirements.
• Government AgenciessecondaryOthersGovernment agencies implementing AI systems or developing AI policies as customers for assessment services.
• Non-profit OrganizationssecondaryOthersNon-profit organizations working on social impact initiatives using SurikaS for AI-related project assessment.
• Educational InstitutionssecondaryOthersUniversities and research institutions conducting AI research as customers for impact assessment services.
• HAW Hamburg (Hamburg University of Applied Sciences)consortiumStrategic or Co-development PartnerBioRadar consortium partner for developing monitoring system for bio-based systems transition indicators and sustainability metrics.
• IRIS Technology GroupconsortiumStrategic or Co-development PartnerBioRadar consortium partner for environmental sustainability and circularity assessment of industrial bio-based systems.
• CETENMAconsortiumStrategic or Co-development PartnerBioRadar consortium partner contributing to sustainability assessment of bio-based industries.
• Next Technology TecnotessileconsortiumStrategic or Co-development PartnerBioRadar consortium partner focusing on textile industry sustainability and circularity.
• KNEIAconsortiumStrategic or Co-development PartnerBioRadar consortium partner for sustainability assessment and circular economy metrics.
• Ente Italiano Di NormazioneconsortiumStrategic or Co-development PartnerBioRadar consortium partner providing standardization expertise for sustainability metrics.
• Technische Universitaet GrazconsortiumStrategic or Co-development PartnerALICIA consortium partner for circular manufacturing ecosystem and second-hand equipment refurbishment.
• Technische Universitaet Muenchen (TUM)consortiumStrategic or Co-development PartnerALICIA project coordinator leading circular manufacturing ecosystem development.
• IMT AtlantiqueconsortiumStrategic or Co-development PartnerALICIA consortium partner for digital technologies in circular manufacturing.
• Netcompany-Intrasoft SAconsortiumStrategic or Co-development PartnerALICIA consortium partner providing digital platform development expertise.
• Comau SpaconsortiumStrategic or Co-development PartnerALICIA consortium partner for industrial demonstration of circular manufacturing platform.
• CONTINENTALconsortiumStrategic or Co-development PartnerALICIA industrial demonstration partner validating circular manufacturing ecosystem for production resources.
• Deutscher Wetterdienst - PTS (for TETRRIS)consortiumStrategic or Co-development PartnerTETRRIS consortium partner for territorial RRI implementation across European regions.
• VTT (Finland)consortiumStrategic or Co-development PartnerREADJUST consortium partner for policy equality assessment in digital and green transitions.
• EIT FoodconsortiumStrategic or Co-development PartnerREADJUST consortium partner focusing on agri-food sector policy equality.
• EIT Urban MobilityconsortiumStrategic or Co-development PartnerREADJUST consortium partner for transportation sector policy development.
• EURICEconsortiumStrategic or Co-development PartnerREADJUST consortium partner for research project management support.
• Maggioli S.p.A.consortiumStrategic or Co-development PartnerMOTIVATE XR consortium partner for XR tool suite development.
• CS Group-FranceconsortiumStrategic or Co-development PartnerMOTIVATE XR consortium partner contributing to XR collaborative authoring tools.
• Sopra Steria GroupconsortiumStrategic or Co-development PartnerMOTIVATE XR consortium partner for industrial XR solutions.
• Delft University of TechnologyconsortiumStrategic or Co-development PartnerMOTIVATE XR consortium partner for XR technology research and development.
• TecnaliaconsortiumStrategic or Co-development PartnerMOTIVATE XR consortium partner for XR technology development.
• University of AmsterdamconsortiumStrategic or Co-development PartnerMOTIVATE XR consortium partner for academic research on XR technologies.
• University of MaastrichtconsortiumStrategic or Co-development PartnerREALM project coordinator for collaborative framework on medical device software evaluation.
• University of Oxford (Centre for Health, Law & Emerging Technologies)consortiumStrategic or Co-development PartnerREALM consortium partner for health law and AI governance expertise.
• VITOconsortiumStrategic or Co-development PartnerREALM consortium partner for sustainable technology research.
• Technion - Israel Institute of TechnologyconsortiumStrategic or Co-development PartnerLUCIA project coordinator for lung cancer research examining personal and environmental risk factors using AI and wearable technologies.
• Deutsches Krebsforschungszentrum HeidelbergconsortiumStrategic or Co-development PartnerLUCIA consortium partner for cancer research and environmental health impact assessment.
• University of DeustoconsortiumStrategic or Co-development PartnerPRECIOUS project coordinator for food loss and waste prevention framework development.
• IIASAconsortiumStrategic or Co-development PartnerPRECIOUS consortium partner for integrated assessment modeling.
• Greenovate! EuropeconsortiumStrategic or Co-development PartnerPRECIOUS consortium partner for sustainability network and knowledge sharing.
• Energi Centrum GotlandconsortiumStrategic or Co-development PartnerRURACTIVE Hållbar Framtid project partner for sustainability measures on Swedish island of Gotland.
• Uppsala UniversityconsortiumStrategic or Co-development PartnerRURACTIVE Hållbar Framtid project partner for research on energy-saving and sustainability measures.
• VTT (Finland)consortiumStrategic or Co-development PartnerTETRRIS consortium partner for territorial RRI implementation and smart specialization.
• FraunhoferconsortiumStrategic or Co-development PartnerTETRRIS consortium partner for research and innovation expertise in Germany.
• European Association of Development AgenciesconsortiumStrategic or Co-development PartnerTETRRIS consortium partner for regional development coordination.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Vanta: Leading compliance and GRC automation platform expanding into AI governance. Comparable to the broader GRC positioning of YAGHMA but with a much larger customer base and broader compliance coverage (SOC 2, ISO, HIPAA).
• Drata: Compliance automation platform with growing AI governance functionality. Competes for the same GRC-aligned enterprise buyer that YAGHMA targets for AI policy compliance.
• OneTrust: Large, established privacy, ethics, and GRC platform that has expanded into AI governance. Comparable in targeting enterprise compliance buyers, but offers a much broader portfolio beyond AI-specific governance.
• Collibra: Data intelligence and governance platform that increasingly addresses AI governance and responsible AI. Adjacent overlap on governance, risk, and policy alignment workflows for enterprise data/AI teams.
• LogicGate: Risk and compliance management platform with extensible workflows for AI/ML use cases. Comparable to SurikaS's risk-based governance approach but oriented to a broader risk/compliance buyer.
• IBM watsonx.governance: IBM's enterprise AI governance suite covering model risk, compliance, and lifecycle governance. Overlaps with SurikaS on AI risk assessment and regulatory mapping but is bundled into IBM's broader AI/analytics platform.

Direct peers

• Monitaur: AI governance and model risk management software for regulated industries. Comparable offering in continuous AI assurance, audit trails, and policy alignment — competing for similar enterprise AI governance budgets.
• Credo AI: AI governance, risk, and compliance platform purpose-built for enterprise AI oversight. Closely comparable to SurikaS in targeting AI governance buyers with policy-aligned assessment tooling, but at significantly greater scale and capital.
• FairNow: AI governance and compliance platform focused on helping enterprises operationalize AI risk management against emerging regulations. Comparable target buyer (enterprise AI teams) and overlapping AI Act alignment.
• Holistic AI: Provides an AI governance, risk, and compliance platform covering AI risk assessment, regulatory mapping (including EU AI Act), and auditing. Directly competes with SurikaS in the AI GRC tooling category.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/yaghma

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

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 YAGHMA