# ProcessUnity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/processunity

- Industry: Software
- Headquarters: Concord, US
- Website: www.processunity.com
- Total disclosed funding: $5M
- Latest round: Series C (Apr 2, 2013)
- Investors on record: 1

## About

ProcessUnity, Inc., based in the US, specializes in Third-Party Risk Management, providing software solutions that enhance cybersecurity and operational resilience for organizations globally.Founded in 2003, ProcessUnity, Inc. is headquartered in Concord, US. The company focuses on Third-Party Risk Management and has successfully completed 11 deals. In its latest funding round, ProcessUnity raised USD 5.80 mn from Daher Capital, which brings the total amount raised to USD 5.80 mn. Sean Cronin serves as the CEO, leading the company towards innovative solutions in risk management.ProcessUnity specializes in Third-Party Risk Management (TPRM) and offers a comprehensive suite of software platforms designed to enhance cybersecurity and operational resilience for organizations. Their flagship product, the ProcessUnity TPRM platform, automates critical processes, including vendor onboarding, risk assessments, and ongoing compliance monitoring, ensuring effective management of vendor relationships. The company also features the Global Risk Exchange, providing users instant access to a vast library of vendor assessment data, streamlining risk evaluation while significantly reducing assessment workloads. Their solutions cater to a diverse clientele, from small and medium businesses to large global enterprises, across sectors including financial services, healthcare, and technology. ProcessUnity products are deployed in multiple regions, including North America, Europe, and Asia, addressing organizations' needs for robust third-party risk mitigation strategies.ProcessUnity generates revenue primarily through subscription-based licensing of its software solutions, enabling clients to access its TPRM platform and associated services. Clients enter into annual contracts that cover a range of services, including support and updates, enhancing the longevity and effectiveness of their risk management programs. The pricing structure is tiered, with fees varying based on the number of users and the scale of services utilized, ensuring alignment with client needs. Transactions occur directly between ProcessUnity and its clients, underscoring a strong emphasis on B2B partnerships, which facilitates an efficient revenue model supporting continuous service improvement and client satisfaction.ProcessUnity plans to leverage recent funding to develop new products and enhance its service offerings. The company is exploring opportunities to expand into new geographic regions, targeting Europe and Asia for market penetration by 2025. The investment from Daher Capital will be utilized to support these initiatives, focusing on technological advancements and expanding its client base in these markets.

## Funding rounds

- Series C, Apr 2, 2013, $5M — Rose Park Advisors

## Investors

- Rose Park Advisors (https://capitalatlas.ai/funds/rose-park-advisors) — Series C