Evantix

Evantix is a Cyber Security and Information Technology startup, founded in 2007 in the United States. The company offers a SaaS platform aiming to simplify the compliance process for enterprises by enabling them to assess and manage risk exposure across a portfolio of third-party vendors and service providers. Evantix's approach streamlines the traditional, labor-intensive methods of risk assessment, offering standardized, on-demand risk reports and customizable scoring technology to provide quick, accurate, and cost-effective visibility into potential risks associated with outside service providers. By leveraging Evantix's platform, businesses can make informed decisions about vendors and service providers, significantly reducing their exposure to potential risk. The SaaS application is designed to empower corporate risk managers, vendor managers, and other business leaders to gauge the overall level of risk within their vendor pool(s) and supply chain(s). The company's solution dramatically accelerates the vendor and supplier assessment process, shifting it from weeks or months to hours and days, enabling professional staff to focus on data analysis rather than data gathering. Evantix's innovative approach resembles how credit reports and FICO scores help lenders determine credit worthiness for consumers, tailoring risk reports and scores based on the unique profile of the relationships driving and supporting businesses and organizations. Despite no recent publicized investment, Evantix's breakthrough SaaS platform offers promising potential for investors in the cybersecurity and IT sectors.