Coverbase

Coverbase provides an agentic third-party risk and security platform that uses AI to continuously evaluate vendor risk across every surface of exposure. The platform spans six stages of the vendor lifecycle: Autonomous Intake (automatically researching new suppliers by scanning public attack surface, financials, OFAC, and adverse media), Zero-Touch Assessments (fully assessing low-risk vendors without sending questionnaires by pulling from security, compliance, legal, and financial APIs), Risk Assessment Copilot (accelerating assessments by 92% by analyzing questionnaires and evidence against custom controls), Supplier Radar (continuous monitoring combining internal and external feeds into a third-party SIEM), Coverbase Inspect (AI agent inspecting vendor security settings and access controls with read-only access), and Contract Guardian (extracting obligations and SLAs from contracts and monitoring performance against real data). Coverbase supports SOC 2, NIST CSF 2.0, DORA, and ISO 27001 frameworks, integrating with ServiceNow, ProcessUnity, Aravo, Archer, and other GRC platforms. Clients include Nationwide, Coinbase (14-day vendor onboarding vs. 60 days previously), and Guardant Health (94 assessments across 98 vendors, 20,000 controls evaluated). Founded in 2022 and headquartered in San Francisco, Coverbase has raised $20.0M in Series A funding from investors including Canapi Ventures, Fika Ventures, TTV Capital, Pear VC, and Valley Bank.