Trudexia

Trudexia is a SaaS provider founded in 2019 and headquartered in Australia, specializing in automating and scaling third party risk management (TPRM). The company's mission, encapsulated in their slogan "Automate and scale third party risk management," is to offer innovative solutions for overseeing and mitigating third-party risks. Trudexia's suite of services automates supplier due diligence, streamlining the process and generating cost savings by reducing the time and resources required for manual information collection and verification. The company's automated due diligence processes ensure improved compliance with evolving regulations by continually checking and verifying supplier information. Additionally, Trudexia automates remedial action plans for vendors based on risk assessments, covering areas such as cybersecurity, social responsibility, environmental impact, and compliance. The company's AI-driven platform provides real-time monitoring and customizable risk scoring, empowering organizations to enhance their third-party risk management. This platform offers a comprehensive range of services, including vendor due diligence, compliance monitoring, and cybersecurity risk assessments. By leveraging Trudexia's services, organizations can increase operational efficiency by reducing manual data entry, improving data accuracy, and providing a centralized repository of supplier information accessible by different teams and departments. The most recent investment in Trudexia occurred during the Pre Seed Round on 22 April 2022, with funding secured from Startup Wise Guys. This investment signifies a vote of confidence in Trudexia's innovative approach to third-party risk management and its potential for growth and impact in the Cyber Security and Mobile industries.