Certa

Overview
News
Supply Chain Tech?
Product stageSegments
Early
?
Third-party risk management
?

Certa is a leading no-code supplier lifecycle management platform that enables businesses to streamline the entire process of onboarding, managing compliance, and mitigating risk associated with third-party vendors and partners. The company's flagship product, Studio, is an industry-leading workflow design tool that empowers procurement teams to rapidly onboard new suppliers, optimize compliance, and manage risk without any IT bottlenecks.

Certa's platform utilizes over 100 integrations with trusted data sources and systems to automate and orchestrate workflows, allowing 3x quicker third-party vendor onboarding while minimizing risk and increasing transparency. The company's technology helps businesses overcome supply chain disruptions, market volatility, and ever-changing regulatory landscapes by providing a flexible solution to adapt to evolving market conditions.

As of March 2022, Certa had onboarded 1+ million companies across 120 countries for leading tech firms and Fortune 500 companies. The platform is available in multiple languages and supports compliance with various domestic and international laws and regulations.

In October 2023, Certa introduced CertaAssist, an intuitive AI companion that leverages advanced GenAI technology to optimize workflows, streamline data visualization, and facilitate supplier onboarding. This groundbreaking launch marked a new era in operational agility for third-party management. In June 2024, Certa introduced new GenAI capabilities to its third-party management platform. The new features aim to streamline and optimize enterprise third-party management processes. It also introduced plug-and-play ESG modules for easy compliance monitoring.

Key customers and partnerships

Certa's client base includes some of the world's largest retailers, aerospace firms, credit card companies, and tech giants. Notable clients that have reported significant benefits from using Certa's platform include Box, where the company reduced cycle times by over 78%, and Uber, where Certa helped reduce operating costs by 50% YoY and increased on-time payments from around 40% to 95%.

In December 2023, Certa partnered with global financial crime risk platform, Castellum.AI. The collaboration aimed to automate financial crime risk screening for third-party risk management professionals by integrating Castellum.AI's data into Certa's AI-powered platform. In June 2023, the company partnered with Resistant AI, a company specializing in preventing financial crime. This partnership aimed to integrate Resistant AI’s Document Forensics tool into Certa's platform to streamline and secure client onboarding processes.


HQ location:
20824 Pamela Way Saratoga CA USA
Founded year:
2013
Employees:
101-250
IPO status:
Private
Total funding:
USD 51.8 mn
Last Funding:
USD 35.0 mn (Series B; Sep 2023)
Last valuation:
-
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