Mirato

Mirato is an Israeli startup founded in 2019, specializing in Third Party Risk Management (TPRM) for the banking industry. The company's slogan, "Mirato improves any TPRM program by reducing the manual work," encapsulates its core mission. The advanced Artificial Intelligence solutions offered by Mirato aim to address common and challenging TPRM issues, regardless of the organization's current level of automation. This includes completing TPRM assessments using the client's risk appetite and controls framework. The Mirato Questionnaire Killer feature further streamlines the process by automatically pre-answering due diligence questionnaires for third parties, reducing time, costs, and effort for all involved parties. Notably, the platform emphasizes that it does not make "black box" decisions but instead enhances human decision-making within TPRM. The latest milestone for Mirato was the Seed Round investment secured on 08 December 2021, with participation from Grove Ventures, Janvest Capital Partners, The Group Ventures, and American Express as investors. This injection of capital signifies a vote of confidence in Mirato's innovative solutions and its potential to make significant waves in the TPRM space.