Hyperproof, a Bellevue-based AI-driven governance platform, has acquired Expent.ai to enhance automated third-party risk assessments and expand its market with a new integrated trust ecosystem.
Hyperproof, an AI-driven governance, risk, and compliance (GRC) platform based in Bellevue, Washington, has announced its acquisition of Expent.ai, a third-party risk management specialist. According to the announcement, this move aims to reinforce Hyperproof’s position in the ...
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increasingly critical area of AI-powered third-party risk management and vendor assurance by combining the two companies’ technologies into an integrated trust ecosystem for organisations.
Expent.ai is known for its innovative use of agentic AI to streamline vendor lifecycle management, security questionnaires, and risk assessment. Its platform reportedly accelerates vendor risk assessments by up to 80%, transforming what is typically a laborious and time-consuming process into a more strategic and efficient function. The company’s AI capabilities also focus on eliminating bottlenecks commonly found in siloed approaches to procurement, sourcing, legal, and risk team collaboration, providing these departments with enhanced speed, context, and control.
Craig Unger, CEO and founder of Hyperproof, stated in the release that the acquisition aligns with the company’s goal of helping businesses reduce risk while projecting trustworthiness to stakeholders. He emphasised the concept of making trust demonstrable, not just stated, through continuous monitoring and shared vendor risk intelligence.
The acquisition is said to significantly expand Hyperproof’s addressable market, adding approximately $22 billion globally, including a $9 billion enterprise service market. This expansion reflects growing demand for integrated vendor lifecycle and third-party risk management tools empowered by AI.
Expent.ai’s co-founders expressed optimism about scaling their technology through the partnership, highlighting their mission to simplify and enhance third-party risk management with AI automation. Their agentic AI approach is designed to make it easier for governance, risk, and compliance professionals to manage vendor risks by reducing manual work.
While Hyperproof positions this acquisition as a leap forward in enterprise GRC and vendor assurance, it comes in the context of a broader trend towards automation and continuous monitoring in third-party risk environments. Other companies in the cybersecurity space have similarly focused on automating vendor risk reviews, such as SecurityScorecard’s recent acquisition of an AI-based compliance management platform aimed at shifting from periodic questionnaires to ongoing supplier assurance.
The integration of Expent.ai’s advanced AI into Hyperproof’s existing GRC infrastructure aims to encourage organisations to move from merely exploring AI capabilities to fully embedding them into everyday compliance and risk practices. This reflects a growing industry emphasis on leveraging AI not only to improve efficiency but also to provide deeper insights and stronger trust mechanisms in complex supply chains.
Expent.ai’s technology includes features such as smart questionnaires tailored to vendors, automated analysis of security reports and compliance certificates through natural language processing, and a risk register for comprehensive vendor tracking. This approach is designed to reduce human error in risk assessments and ensure continuous evaluation of vendor security postures.
Despite the positive framing, industry observers will be keen to see how effectively Hyperproof can integrate Expent.ai’s specialised AI capabilities into its broader compliance platform, and how this combined offering will compete in a market where automation of third-party risk management is becoming increasingly standardised. The success of such acquisitions often hinges on the seamless fusion of technologies and practical real-world application within diverse enterprise environments.
In summary, Hyperproof’s acquisition of Expent.ai represents a strategic effort to leverage AI for enhanced third-party and vendor risk management within the GRC space. By offering continuous monitoring, seamless team collaboration, and accelerated risk assessment, the combined platform aims to enable organisations to manage vendor risks more proactively and establish demonstrable trust with stakeholders. However, the move also marks a competitive step within a rapidly evolving sector where automation and AI are reshaping traditional compliance workflows.
Source: Noah Wire Services
