Third-party risk monitoring provider Supply Wisdom has closed a $14 million Series B funding round led by Jurassic Capital that will support continued innovation and growth for the company’s AI-powered risk intelligence platform.
Supply Wisdom, which provides real-time risk monitoring across financial, cyber, operational, ESG, compliance and location-based domains, serves Fortune 100 and Global 2000 clients in financial services, insurance, healthcare and technology sectors. The company describes its platform as covering all risk domains through continuous monitoring and real-time alerts that convert open-source data into risk intelligence.
“We’ve gotten to know them over the last year as a high-growth, capital-efficient and innovative company with a strong history of delivering exceptional value for third party risk management departments at leading global firms,” Kevin Mosley, general partner at Jurassic Capital, said in a news release.
