Venminder
Vendor management software for the vendor lifecycle, combined with expert-performed control assessments (SOC, financial, cybersecurity, contracts) and a monitoring dashboard aggregating third-party risk data providers, aimed at financial organizations.
- Owner
- Ncontracts (acquired Venminder, 2024), backed by Hg
- HQ
- Elizabethtown, KY
- Questionnaires
- SIG Core, SIG Lite, CAIQ · Unlimited Questionnaire Library; Questionnaire Templates (RFP, SIG Core, SIG Lite, InfoSec, Pandemic etc.)
- Integrations
- API and SSO integration options; pre-built integrations with RSA Archer Third-Party Risk Governance, SecurityScorecard, and ArgosRisk AR Intelligence
- Outside-in
- Via partners: Ongoing Cybersecurity Monitoring lists SecurityScorecard and BitSight ratings; Ven-monitor combines integrated providers' business health, cybersecurity, privacy, ESG, adverse media and know-your-vendor data.
- AI
- Venminder says it uses AI to extract vendor contract metadata and speed its Vendiligence assessments, and does not use customer data to train shared models (June 2024).
- Price
- AWS Marketplace: Venminder Third-Party Risk Enterprise Platform (seller: Venminder): Dimension "Venminder TPR Enterprise" - "Includes all Enterprise modules (no customization)" - 12-month contract Cost/12 months $125,000.00; 24-month contract Cost/24 months $120,000.00 ("save up to 52%"); 36-month contract Cost/36 months $115,000.00 ("save up to 69%"). (marketplace list price)
- Free / trial
- None stated
- Own assurance
- SOC 2 Type II badge on the Ncontracts Trust Center (report titled "Ncontracts, LLC - SOC 2 Type 2 Report"); Venminder-specific scope not stated publicly
NoteNcontracts, owner since Sept 2024, also sells a second TPRM product, Nvendor. Venminder's own information page says both offer the same control assessments and services, but Nvendor connects to Ncontracts' wider risk suite while "Venminder runs stand-alone only." Source.