Vendict

Company Overview

Snapshot

Founded in November 2020 by Udi Cohen and Michael Keslassy, Vendict operates with 11–50 employees. The company has raised $21.47 million across 3 funding rounds from 9 investors.

Business overview

Vendict provides an AI-led technology platform designed to address complex compliance issues at scale within the privacy and compliance industry. Its core product leverages generative AI to assist security, GRC, and risk teams, as well as CISOs and tech executives, in managing compliance questionnaires and security assessment challenges. The company operates within the Business Software sector, focusing on enterprise solutions, data protection, and compliance management, utilizing cloud-based software applications and natural language processing.

Strategic signal

This investment signals continued investor confidence in Vendict's generative AI-powered GRC tool, reinforcing its strategic position in the market for automating and streamlining vendor risk management and compliance processes.

Company Intelligence Q&A

What was a significant funding event for Vendict?

JAL Ventures and Moneta VC participated as lead investors in this round.

Which investors participated in Vendict's July 2023 funding round?

Newfund Capital also participated.

Who are the founders of Vendict?

Vendict was co-founded by Udi Cohen, who serves as CEO, and Michael Keslassy, who holds the position of CTO.

What is Vendict's primary focus in the market?

Vendict focuses on transforming security questionnaires through generative AI, providing solutions for privacy and compliance, and assisting security, GRC, and risk teams with compliance issues and security assessments.

What was the latest news regarding Vendict's technology?

In August 2025, it was reported that Vendict's tools are designed to adjust to each organization’s specific environment, distinguishing them from other tools that require extensive manual setup or fixed configurations.