Diligent, the AI leader in governance, risk, and compliance (GRC) SaaS solutions, has acquired 3rdRisk, an AI-native third-party risk management platform based in the Netherlands. This acquisition enhances Diligent’s position as the only GRC provider recognized as a Leader by all five major industry analyst firms—Gartner, IDC, Forrester, Chartis, and Verdantix—while expanding its capabilities to address the rapidly growing need for managing complex vendor ecosystems.
Organizations today face escalating risks from their extended vendor ecosystems, driven by stricter regulations, sophisticated cyber threats, and widespread digital dependencies. Traditional approaches struggle to provide timely visibility into vendor performance and its impact on overall risk posture. By combining Diligent’s AI-powered GRC platform with 3rdRisk’s specialized capabilities, the solution delivers near real-time insights into critical vendors, enabling proactive risk management at board-level priority.
3rdRisk’s platform embeds AI at its core to streamline vendor risk processes. It automates profiling, assessment workflows, and analysis of contracts and certifications, significantly reducing manual effort and accelerating compliance. This allows risk teams to shift focus from administrative tasks to strategic oversight, achieving faster audit-readiness and better control across frameworks such as DORA and NIS-2.
"Organizations are facing increasing volume and complexity of risks across their vendor ecosystem,” said Scott Bridgen, General Manager, Risk and Audit at Diligent. “By combining Diligent’s AI platform with 3rdRisk’s third-party risk management capabilities, we’re delivering the most holistic solution that spans from the boardroom to the extended vendor landscape. Together, Diligent and 3rdRisk provide a unified, AI-driven view of risk that helps organizations govern with confidence and address vendor dependencies that have become board-level priorities."
"3rdRisk was founded with the belief that AI will transform how organizations approach vendor risk - not by replacing human judgment, but by eliminating the manual processes that prevent teams from focusing on what matters most," said Bram Ketting, co-founder and CEO at 3rdRisk. "Joining Diligent accelerates our ability to deliver on that vision on a global scale while maintaining the product focus and domain expertise that our customers value."
This acquisition builds on Diligent’s accelerated AI roadmap throughout the year, including the introduction of GovernAI for streamlined governance, AI Risk Essentials for enhanced enterprise risk management, AI-enhanced Diligent Entities for subsidiary oversight, and ACL AI Studio for faster audit insights. Adding 3rdRisk extends this innovation into the critical area of third-party risk, reinforcing Diligent’s commitment to equipping risk and compliance professionals with comprehensive, AI-driven tools.
The transaction was advised by District Capital Partners (financial) and Goodwin Procter LLP (legal) for Diligent, and WizeCap (financial) and deBreij (legal) for 3rdRisk.
About Diligent
Diligent is the AI leader in governance, risk and compliance (GRC) SaaS solutions, helping more than 1 million users and 700,000 board members to clarify risk and elevate governance. The Diligent One Platform gives practitioners, the C-Suite and the board a consolidated view of their entire GRC practice so they can more effectively manage risk, build greater resilience and make better decisions, faster. Learn more at diligent.com.
About 3rdRisk
3rdRisk is the leading third-party risk management platform. Built by risk professionals, 3rdRisk helps organisations automate and scale their approach to identifying, assessing, and monitoring supplier risk, from onboarding to ongoing oversight. The cloud platform combines user-friendly workflows with AI embedded in day-to-day processes, delivering real-time insights, better control, and faster compliance across frameworks such as DORA and NIS-2. 3rdRisk works with customers worldwide across industries, including retail, financial services, and technology.
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