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Top 23 Third Party & Supplier Risk Management Software Companies With $5M–$10M Revenue (August 2026)

As of August 2026, Latka tracks 23 third party & supplier risk management software companies with $5M–$10M in annual revenue. They have combined revenues of $162.2M and employ 1.5K people. They have raised $101.1M and serve 2.5K customers combined.

Every company below sells third party & supplier risk management software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Third Party & Supplier Risk Management Software Companies do

Third Party & Supplier Risk Management Software is designed to help organizations identify, assess, and mitigate risks associated with third-party vendors and suppliers. These solutions enable companies to onboard new vendors efficiently, monitor ongoing supplier performance, and manage offboarding processes seamlessly. They play a crucial role in ensuring compliance with regulatory requirements and maintaining supply chain integrity. The primary use cases for this software include automating risk assessments, streamlining due diligence workflows, and facilitating continuous monitoring of vendor risks. Typical features often include automated questionnaires, compliance checks, risk scoring, and reporting capabilities. Stakeholders who typically utilize these solutions include risk management professionals, compliance officers, procurement teams, and finance departments, who rely on these tools to make informed decisions regarding vendor partnerships.

Companies
23
Revenue
$162.2M
Funding
$101.1M
Employees
1.5K

Filters

Sorting: Highest -> Lowest

Filters

Top Third Party & Supplier Risk Management Software Companies With $5M–$10M Revenue

Showing 10 of 23 companies ranked by annual revenue.

1HICX Solutions logo
HICX Solutions

London, England, United Kingdom

supplier management software solutions

Revenue
$9.6M
Year founded
2004
Team size
121
2Aravo logo
Aravo

San Francisco, California, United States

The world’s most respected brands use Aravo's award winning third-party risk management software to manage, mitigate, and monitor third-party risk across the enterprise.

Revenue
$9.4M
Year founded
2000
Funding
$51.5M
Team size
127
3ISPnext logo
ISPnext

s-Hertogenbosch, Noord Brabant, Netherlands

ISPnext directly increases the effectiveness of over 400 organizations by providing our Business Spend Management solutions. Realize cost savings, automate invoice processing, improve supplier relations and reduce risks for the entire organization with one platform: Business Spend Management (BSM). With our solutions, you secure the entire Source-to-Pay process and achieve sustainable business operations in no time. We offer an end-to-end portfolio from Vendor Management, Sourcing, Contract Management, Procurement, AP Automation, Dynamic Discountingm Rebate Management to Spend Analytics. Business Spend Management for your company at your fingertips! We provide the development, sales, implementation and support of all our products. That way, we guarantee the very best quality and support. Our software works fully integrated with: MS Dynamics 365 FO/AX, MS Dynamics BC/NAV, InforLN, Baan IV, Baan 5, JD Edwards, SAP ECC & S/4HANA, FIS2000, Acto, Exact Globe/Financials/Online, FMS, Kerridge Commercial Systems, UNIT4 Cura Financieel en UNIT4 Multivers Extended, AFAS, BESTMIX. Organisations that work ERP independent or work with middleware software can use our standard API set to develop integrations themselves. The extended Partner Network of ISPnext consists of three types of partners: ERP Connectivity Partners, Business Partners & Solution Partners. Read more about all of our connected partners at our website. With offices in the Netherlands, Germany and UK organisations are able to contact us through various ways. Please go to our contact page or send us a message via LinkedIn directly.

Revenue
$9.4M
Team size
85
4Source Defense logo
Source Defense

Rosh Ha'Ayin, Israel

Developer of a cloud based Web application designed to help site owners to monitor third party vendors' behavior on their site. The company's cloud based Web application specializes in removing the security considerations from third party integrations, saving countless man-hours spent on tests and integrations, allowing sites to focus on generating revenues and new opportunities while keeping the site visitors safe and the site in high performance, enabling site owners to set and enforce permissions, receive real time alerts and monitor third party vendors' behavior on their site.

Revenue
$8.8M
Year founded
2014
Funding
$20.5M
Team size
46
5Ignite logo
Ignite

Norway

Ignite is the leading sustainable procurement platform that enables you to take control of your purchasing from suppliers, comply with regulations, and reduce costs, emissions, and risks in one place. Customers using Ignite have achieved 100% spend coverage, realised cost savings of up to 10%, and a 90% improvement in reporting speed.

Revenue
$8.7M
Year founded
2017
Team size
79
6Emergent Risk International logo
Emergent Risk International

Newport, Rhode Island, United States

A strategic intelligence and advisory firm specializing in risk intelligence, technology, staffing and consulting solutions

Revenue
$7.8M
Year founded
2014
Team size
71
7Treefera logo
Treefera

London, United Kingdom

Treefera is an AI-enabled data management platform focused on bringing transparency and accuracy to nature-based asset reporting. It provides solutions for Sourcing, Risk and Compliance, aiding automotive companies in securing supply and meeting ESG regulations.

Revenue
$7.4M
Year founded
2022
Team size
67
8Qualityze Inc logo
Qualityze Inc

Tampa, Florida, United States

Qualityze provides 𝗾𝘂𝗮𝗹𝗶𝘁𝘆 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲 (𝗤𝗠𝗦) to manufacturing companies. 🏭 Quality, safety and regulatory teams across hundreds of global corporations are relying on our 𝗰𝗹𝗼𝘂𝗱 𝗯𝗮𝘀𝗲𝗱 𝗤𝗠𝗦 solution 🌧 to improve the quality of their products, assure safety of their employees and to meet regulatory 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 requirements. For more than a 𝗱𝗲𝗰𝗮𝗱𝗲, Qualityze has been at the forefront of innovation, designing and delivering 𝟮𝟬+ 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲 𝗮𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 automating complex process workflows ✨ and enhancing employee productivity. Qualityze QMS is 𝗯𝘂𝗶𝗹𝘁 𝗼𝗻 𝗦𝗮𝗹𝗲𝘀𝗳𝗼𝗿𝗰𝗲 – a globally trusted cloud platform. 🛡 Our 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝘀𝘂𝗶𝘁𝗲 provides the following applications, modular, yet integrated. 🔗 ▪ 𝗡𝗼𝗻𝗰𝗼𝗻𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 Management – defect and deviation management ▪ 𝗖𝗔𝗣𝗔 Management – corrective and preventive action ▪ 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁 Control – for standard operating procedures and work instructions ▪ 𝗧𝗿𝗮𝗶𝗻𝗶𝗻𝗴 Management – workforce competency building ▪ 𝗔𝘂𝗱𝗶𝘁 Management – create, schedule and perform audits ▪ 𝗖𝗼𝗺𝗽𝗹𝗮𝗶𝗻𝘁𝘀 Management – adverse event reporting and customer issues ▪ 𝗖𝗵𝗮𝗻𝗴𝗲 Management – initiate and approve org-wide changes ▪ 𝗦𝘂𝗽𝗽𝗹𝗶𝗲𝗿 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 Management – track parts quality and ensure compliance ▪ 𝗜𝗻𝘀𝗽𝗲𝗰𝘁𝗶𝗼𝗻 Management – evaluate materials as per specifications ▪ 𝗖𝗮𝗹𝗶𝗯𝗿𝗮𝘁𝗶𝗼𝗻 Management – ensure equipment accuracy ▪ 𝗠𝗮𝗶𝗻𝘁𝗲𝗻𝗮𝗻𝗰𝗲 Management – safe functioning of equipment ▪ 𝗙𝗶𝗲𝗹𝗱 𝗦𝗮𝗳𝗲𝘁𝘆 Management – post-market surveillance and recall mgmt. ▪ 𝗣𝗲𝗿𝗺𝗶𝘁 Management – licenses and renewals tracking ▪ 𝗠𝗮𝘁𝗲𝗿𝗶𝗮𝗹 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 Management – monitor supply chain components ▪ 𝗜𝗻𝗰𝗶𝗱𝗲𝗻𝘁 Management – track and report safety incidents ▪ 𝗙𝗼𝗿𝗺𝘀 Management – data capture and workflow management 𝗘𝗺𝗮𝗶𝗹: [email protected] 🚀

Revenue
$7.4M
Year founded
2015
Team size
67
9Convoke logo
Convoke

Arlington, Virginia, United States

Convoke helps enterprises securely exchange data and documents between their vendors and other third parties.

Revenue
$7.3M
Customers
2.5K
Year founded
2006
Funding
$5.5M
Team size
60
10Lineaje logo
Lineaje

Saratoga, California, United States

Lineaje creates technology that tackles the most challenging and complex software supply chain security issues with a full-lifecycle, self-healing approach. It provides a comprehensive governance platform for software supply chain security management.

Revenue
$7.2M
Year founded
2021
Team size
38

Frequently asked questions about Third Party & Supplier Risk Management Software Companies With $5M–$10M Revenue

How many third party & supplier risk management software companies with $5M–$10M in annual revenue are there?

Latka tracks 23 third party & supplier risk management software companies with $5M–$10M in annual revenue. Together they generate $162.2M in annual revenue and employ 1.5K people.

Which third party & supplier risk management software company with $5M–$10M in annual revenue is the largest?

HICX Solutions is the largest, with $9.6M in annual revenue, founded in 2004.

How much revenue does a typical third party & supplier risk management software company with $5M–$10M in annual revenue make?

The average third party & supplier risk management software company in this list makes $7.1M a year, across 23 companies with reported revenue. They serve 2.5K customers combined.

Who are the leading Third Party & Supplier Risk Management software vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are HICX Solutions, Aravo, ISPnext, Source Defense and Ignite.

How much funding have third party & supplier risk management software companies with $5M–$10M in annual revenue raised?

The 23 third party & supplier risk management software companies with $5M–$10M in annual revenue tracked here have raised $101.1M in disclosed funding between them.

Related Governance, Risk & Compliance Software categories

Inclusion Criteria

- Must automate risk assessments and due diligence processes. - Should provide continuous monitoring of vendor performance. - Must include features for compliance management and reporting. - Should facilitate vendor onboarding and offboarding processes. - Not just a vendor management tool; must also assess and mitigate risks associated with suppliers.