Mirato Closes $9-Million Funding Round to Accelerate Development of Next-Generation Third-Party Risk Management Platform

– Mirato Closes $9-Million Funding Round to Accelerate Development of Next-Generation Third-Party Risk Management Platform
– Mirato, provider of a third-party risk management (TPRM) platform that orchestrates and automates the entire TPRM lifecycle (including onboarding through monitoring), today announced the completion of a $9-million funding round to support the continued development and commercialization of its technology.
– The round was led by Grove Ventures and co-led by Janvest Capital Partners, with additional funding provided by American Express Ventures, iAngels, and others.
– Financial institutions increasingly rely on business interactions with third-party suppliers, and are facing greater pressure from regulators to understand the potential impacts and implications of these business engagments.