Lema lands $17.5 million Series A to tackle third-party cyber risk
Platform analyzes supplier behavior and exposure in under five minutes.
Cybersecurity company Lema, which has developed a supply chain security platform, has raised $17.5 million in a Series A led by Team8 Fund, following a Seed round of approximately $6.5 million led by F2 Venture Capital with participation from Salesforce Ventures.
Lema AI was founded in 2023 by Eddie Dovzhik (CEO), Omer Yehudai (CPO), and Tomer Roizman (CTO). The three founders served together in Unit 8200, and Dovzhik and Roizman later held product and research roles at Noname, which was acquired by Akamai. The company has offices in New York and Israel and employs about 35 people, of whom approximately 25 are based in Israel.
In recent years, large organizations have faced a growing challenge in integrating suppliers into their supply chains and core processes. Lema’s platform performs continuous technical analysis of supplier and third-party activity within an organization, including access to sensitive assets, data movement, and changes in permissions over time. Based on this analysis, the system maps actual attack paths for each supplier, rates their risk level, and provides an up-to-date status report that includes immediate actions to reduce exposure, all in less than five minutes.
"We founded Lema because third-party risk needs to be treated like a security problem, not a compliance checklist," says Eddie Dovzhik, CEO and co-founder of Lema AI. "The industry is relying on manual assessments that miss the real-time business context and impact third parties have on the organization. Our platform was built by elite security researchers to think like an elite security researcher - monitoring the actual 'blast radius' of a vendor to uncover the risks that can actually take a business down."
