What is ThirdPartyTrust?
ThirdPartyTrust operates as a specialized SaaS provider focused on the critical intersection of enterprise security and vendor risk management. The platform addresses the systemic inefficiencies inherent in traditional security assessment workflows by offering a centralized, network-based repository for security data. This approach allows large-scale enterprises to streamline information gathering and communication, while simultaneously empowering third-party vendors to maintain a single source of truth for their security documentation. By facilitating seamless data sharing between prospective partners, ThirdPartyTrust effectively reduces the friction associated with compliance and security due diligence, positioning itself as an essential utility for modern, security-conscious organizations.
How much funding has ThirdPartyTrust raised?
ThirdPartyTrust has raised a total of $10M across 2 funding rounds:
Angel/Seed
$5.5M
Angel/Seed
$4.5M
Angel/Seed (2018): $5.6M with participation from Capital Midwest Fund
Angel/Seed (2020): $4.5M led by Cultivation Capital and Capital Midwest Fund
Key Investors in ThirdPartyTrust
Cultivation Capital
Cultivation Capital is a venture capital firm that invests in young companies with transformative ideas across various industries, including life sciences, software, agriculture, and geospatial technology. The firm provides capital resources and a vast network of partners to help startups navigate the challenges of hyper growth from Series Seed through Series B.
Capital Midwest Fund
Capital Midwest Fund invests in revenue-stage companies in the Central United States that provide technology solutions, including software, services, and products, primarily targeting industrial, manufacturing, and enterprise customers.
What's next for ThirdPartyTrust?
With this major strategic investment, ThirdPartyTrust is expected to prioritize the expansion of its network capabilities and the enhancement of its automated assessment features. The company is likely to focus on scaling its enterprise-grade infrastructure to accommodate the increasing complexity of global supply chain security requirements. As the firm moves into this next phase of development, the focus will shift toward deepening market penetration and refining its value proposition for large-scale organizations that require scalable, transparent, and efficient vendor risk oversight. The strategic deployment of these funds will be instrumental in maintaining the company's competitive edge in the rapidly evolving cybersecurity ecosystem.
See full ThirdPartyTrust company page
