The startup offers a security assessment platform that enables organizations to evaluate and monitor the security posture of third-party vendors throughout their lifecycle. By centralizing security and compliance documentation, the platform streamlines responses to security review requests, helping clients mitigate vendor-related risks.
Funding
$51.9M 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.
JEFounders
Product
Problem
Organizations face challenges in efficiently assessing and continuously monitoring the security risks associated with their third-party vendors. Traditional methods often involve manual processes, leading to delays, inconsistencies, and increased potential for vendor-related breaches.
Solution
Whistic offers an AI-powered platform designed for comprehensive third-party risk management (TPRM) and customer trust programs. The platform streamlines vendor assessments through automation, on-demand vendor insights, and continuous risk monitoring, significantly reducing the time and resources required for TPRM. Whistic's AI capabilities automate questionnaire responses, summarize SOC 2 reports, and provide vendor insights, enabling organizations to make faster, data-driven decisions. The platform also facilitates proactive sharing of security posture, helping to build customer trust and accelerate sales cycles.
Target Audience
The primary target audience includes security, risk, and compliance professionals responsible for managing third-party risk, as well as sales teams seeking to build customer trust and accelerate sales cycles.
Features
- AI-driven Assessment Copilot for automated questionnaire completion and vendor risk scoring
- Trust Center for managing, publishing, and proactively sharing security documentation
- Trust Catalog for accessing security profiles of thousands of vendors and conducting zero-touch assessments
- Vendor Summary reports that automatically verify compliance against defined controls
- SOC 2 Summarization that extracts critical information from audit reports
- Knowledge Base with smart search for organizing and retrieving security and compliance documents
- Integration with Salesforce and Slack for seamless workflow and communication
- Access to over 50 industry-standard questionnaires and frameworks