Vendict secures $10 million Series A to reinvent GRC with hallucination-free platform
Unlike tools that require extensive manual setup or fixed configurations, Vendict is designed to adjust to each organization’s specific environment.
Vendict, an AI-native platform in the enterprise GRC (Governance, Risk, and Compliance) space, announced on Wednesday a $10 million Series A funding round. The round was led by new investors Moneta VC and JAL Ventures, with participation from existing backers NFX, Cardumen Capital, Disruptive AI, and Cyber Club London. This latest funding brings Vendict’s total capital raised to $20 million.
GRC continues to be a time-consuming, documentation-heavy function in enterprise operations. Many organizations still rely on manual effort to navigate the increasing complexity: parsing frameworks, mapping controls, and managing documentation through audits and assessments. The GRC platform market is expected to grow significantly between 2025 and 2029, as AI becomes an essential component for maintaining compliance.
Vendict is building a platform designed to provide GRC professionals with AI-native tools that reduce manual work and improve operational efficiency while maintaining traceability and limiting hallucinated outputs.
“Compliance teams shouldn’t be focused on copy-pasting data between spreadsheets,” said Udi Cohen, Co-founder and CEO. “They should be shaping strategy, addressing risks, and building trust. That’s what Vendict supports. We’ve built our platform on language models, knowledge graphs, and continuous feedback loops so that it doesn’t just generate responses but also understands context, explains its logic, and produces outputs executives can rely on.”
Unlike tools that require extensive manual setup or fixed configurations, Vendict is designed to adjust to each organization’s specific environment. This approach aims to help teams move from static, reactive processes to more adaptive and responsive workflows. Vendict, founded in 2021 by Cohen and Michael Keslassy, who serves as the company’s CTO, currently works with over 100 customers, many of whom have migrated from older or manual systems.
