ProcessUnity

Cloud-based software for risk management

Concord, New Hampshire, United States

About ProcessUnity

ProcessUnity provides cloud-based software solutions focused on governance, risk, and compliance (GRC). Their main service helps businesses identify and manage risks, especially those related to third-party vendors. The software automates risk assessments, due diligence, and ongoing monitoring, ensuring companies comply with regulations like Sarbanes-Oxley (SOX). Designed to be user-friendly and scalable, it caters to businesses of all sizes. ProcessUnity operates on a Software-as-a-Service (SaaS) model, allowing clients to access the software via subscription, which supports the company's financial growth. They differentiate themselves by offering various subscription plans, professional services, and customer support, making it easier for clients to utilize their platform effectively. The goal of ProcessUnity is to lead in the GRC software market by providing efficient vendor risk management solutions.

Concord, New HampshireHeadquarters
2003Year Founded
$21.3MTotal Funding
EARLY_VCCompany Stage
Enterprise Software, CybersecurityIndustries
201-500Employees

Risks

Rapid vendor onboarding may overwhelm ProcessUnity's platform capabilities.
CyberGRX acquisition could lead to integration challenges and service disruptions.
AI-driven monitoring exposes ProcessUnity to risks of biases and inaccuracies.

Differentiation

ProcessUnity offers an all-in-one third-party risk management platform.
The company integrates AI-driven analytics for enhanced risk assessment capabilities.
ProcessUnity's SaaS model ensures scalability and ease of use for clients.

Upsides

Growing ESG compliance trends increase demand for ProcessUnity's solutions.
Remote work complexity creates opportunities for specialized risk management solutions.
Partnership with Interos enhances supply chain resilience capabilities.

Funding

Total raised$21.29 M
Latest valuation$26.00 M
StageEARLY_VC
EARLY VC
7/31/2016
$5
$26.00 M
DEBT
5/31/2015
$3
CONVERTIBLE
8/31/2014
$3
SERIES C
3/31/2013
$5
$25.00 M
SEED
8/31/2011
$1
$4.60 M
SERIES B
11/30/2009
N/A
$1.90 M
SERIES A
2/28/2005
$2
$12.50 M