VISO TRUST Secures $24M to Accelerate Innovation in AI-Powered Third-Party Risk Management

VISO TRUST announced $7M in additional funding (total $24M) from investors including Bain Capital Ventures, Cisco Investments, and others to expand its AI-powered third-party risk management platform, which provides real-time, evidence-based vendor assessments and continuous monitoring leveraging sources such as breach advisories, SBOMs, and SEC filings; used by organizations like Upwork, Instacart, and Notion, the platform reports up to 90% faster onboarding, 5–7 day assessments, and 98% vendor adoption, with the new capital aimed at scaling its artifact-based AI governance and next-generation monitoring capabilities.