Censinet offers Censinet RiskOps, a cloud-based, HIPAA-secure risk exchange that automates third-party and enterprise risk-management workflows for providers, payers, and vendors. Its platform includes a Digital Risk Catalog of over 34,000 vendors and products, automated corrective action plans, real-time portfolio management, and Board-ready reporting. The company reports close to 40 customers, 100% ARR growth year-over-year through Q3 2022, and says it has never lost a customer. Censinet recently launched a Healthcare Cybersecurity Benchmarking Study co-sponsored by the American Hospital Association and KLAS Research. The new funding is earmarked for sales and marketing, product development, and customer success to expand the customer base, drive ACV expansion via new product modules, and enter adjacent markets and verticals. Censinet is based in Boston, MA. Censinet offers the Censinet Platform, described as the first third-party risk management platform built by and for healthcare providers to manage vendor threats to patient care. The platform includes One-click Assessment capabilities and a Digital Vendor Catalog that the company says reduce vendor risk assessment time from weeks to seconds, automate workflows, and provide continuous real-time vendor risk insights. Censinet maintains an advisory board of C-level executives from top-tier healthcare providers and vendors who served as design partners during product development. The company announced the launch of the Censinet Platform in April 2019 and emphasizes a security-first approach targeted at healthcare CIOs and CISOs. Censinet intends to use recent funding to expand the platform’s vendor risk management capabilities, scale its go-to-market team, and accelerate adoption by healthcare providers and their vendors. Censinet is led by CEO and Founder Ed Gaudet and is based in Boston, MA.

Total raised

$17M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2023