TrustCloud provides an AI and API-driven platform that automates security assessments and compliance processes for enterprises, enabling continuous visibility and real-time risk quantification. By streamlining security reviews and reducing audit preparation time by 40%, TrustCloud transforms security and governance, risk, and compliance (GRC) into a profit center for organizations.
Funding
$23.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Enterprises face challenges in managing and automating security assessments and compliance processes across various IT environments. Traditional methods often involve manual spreadsheets, siloed point solutions, and ad-hoc processes, leading to inefficiencies and increased risk. This makes it difficult to maintain continuous visibility, quantify risk in real-time, and streamline security reviews.
Solution
TrustCloud offers an AI and API-driven security assurance platform designed to automate and consolidate security and governance, risk, and compliance (GRC) processes. The platform provides continuous visibility into application, data, and infrastructure security by aggregating feeds from cloud, on-premises, and bespoke applications, along with security tools. TrustCloud automates third-party risk assessments using AI to analyze documents and provide contextual information. It also enables IT risk quantification, allowing businesses to monitor and forecast risks in real-time and prove financial impact to leadership.
Target Audience
TrustCloud primarily targets CISOs, CIOs, and security and GRC teams within hybrid enterprises seeking to automate security assessments, streamline compliance, and improve risk management.
Features
- AI-driven automation for security questionnaire completion, pre-filling up to 85% of information using prior questionnaires and artifacts.
- Continuous monitoring of control effectiveness and operational status across the entire IT environment.
- Automated third-party risk assessments with AI-powered document analysis.
- Real-time risk monitoring and forecasting with IT risk quantification to demonstrate financial impact.
- Trust Portal for secure, public-facing access to compliance reports and self-service security reviews.
- Integration with project management tools like Jira, Slack, BMC, FreshWorks, Teams, and ServiceNow for seamless collaboration.
- Support for various compliance frameworks, including SOC 2, ISO 27001, HIPAA, GDPR, and CMMC, as well as custom frameworks.