Prevalent offers a third-party risk management and cyber threat intelligence platform to help organizations manage and monitor security threats and risks associated with third- and fourth-party vendors. Its Prevalent Synapse product supports Global 2000 organizations and communities of peers in the legal, healthcare, mortgage, asset management, and higher education markets. The platform combines assessment, monitoring, and collaboration capabilities for managing vendor risk. Prevalent is led by CEO Jonathan Dambrot and CTO Norman Menz and is based in Warren, N.J. The company closed a $60M Series C funding round to fund continued growth. It intends to use the proceeds to accelerate global expansion and product innovation. Prevalent is a Warren, NJ-based provider of vendor risk management and cyber threat intelligence software. Led by CEO and Co-Founder Jonathan Dambrot, the company offers third‑party risk management and continuous threat intelligence monitoring solutions. Its platform enables companies to monitor and assess IT risks posed by vendors and third parties and to manage the vendor assessment process efficiently. The software delivers contextualized, real‑time information on vendors. The company intends to use new funding to accelerate commercialization efforts and bring its products to a broader audience. In January 2016 Prevalent raised $8M in a Series B financing. Prevalent is a vendor risk and cyber threat intelligence innovator that builds automated technologies and services to help organizations reduce, manage, and monitor security threats from third‑party vendors. Its offerings include Vendor Threat Monitor (VTM) and Vendor Risk Manager (VRM), which work together to continuously monitor threat vectors across data, operational, financial, and brand risk. The company serves Fortune 1,000 organizations as well as small and midsize businesses. Prevalent plans to use new capital to expand its sales, marketing, and technical teams and to advance its third‑party risk and vendor threat management technologies. It also intends to accelerate its proprietary professional services aimed at helping highly regulated organizations meet compliance requirements and industry standards. Founded in 2004 and headquartered in Warren, N.J., Prevalent is led by CTO and Co‑Founder Norman Menz and CEO and Co‑Founder Jonathan Dambrot.

Total raised

$72M

Funding rounds

3

Latest round

Series C

Latest activity

Nov 2016