NewsCyb3r Operations raises $5.4m to tackle third-party risk blind spots

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Cyb3r Operations

For Procurement

Onboard the right vendors faster. Kill the wrong ones earlier. Stop being the bottleneck.

Outside-in risk evidence at the front door of the supplier lifecycle, so risk reviews stop being a sequential waterfall and procurement stops owning delays it never caused.

From the field

Procurement gets the heat for delays we never caused. Having risk evidence ready at shortlist stage changes the conversation entirely.

Head of Procurement · Global Technology Group

The problem

Procurement is the bottleneck, but not because procurement is slow.

Procurement is the front door of the supplier lifecycle, and the door has historically been a bottleneck, but not because procurement is slow.

Security, risk, and compliance reviews stretch onboarding from days to months. Procurement wears the heat from internal stakeholders while having no direct way to speed up the risk side. Worse, vendors get shortlisted, contracts negotiated, then dropped at the security review stage. Weeks of wasted work for everyone.

Today's reality

  • ·6 to 12 week onboarding cycles
  • ·Shortlisted vendors dropped at security review
  • ·Supplier proliferation no one consolidates
  • ·Procurement owning delays it never caused

Why now

AI-driven sourcing and regulator pressure are reshaping the front door.

AI-driven sourcing

More candidate vendors in scope per RFP, more risk reviews needed per shortlist, more bottleneck pressure.

DORA + operational resilience

Pre-contract assessment of ICT third-party providers required in financial services.

Procurement as a strategic function

CPOs are increasingly board-level voices. The bottleneck is more visible.

Vendor proliferation

Most enterprises run 3 to 5 times more SaaS vendors than five years ago.

Insurance and audit on pre-contract

Evidence of pre-contract assessment is now required, not just post-signature reviews.

What changes

What changes with Cyb3r Operations.

Shortlist with risk visibility from day one.

Outside-in evidence on candidate vendors before they ever fill in a form. Drop the obviously risky early; accelerate the rest.

Onboarding in days, not months.

Continuous evidence means risk reviews stop being a sequential waterfall. The risk picture is already there when sourcing starts.

No more chasing security for sign-off.

Procurement and Security work from the same evidence. Faster decisions, fewer escalations.

Concentration risk at the front door.

See where you're stacking too many contracts on one supplier before the next renewal compounds the exposure.

Defensible contract renewals.

Current risk evidence every time. Not stale annual reviews.

Less internal heat.

Procurement stops owning the bottleneck for delays it never caused.

Cycle-time worked example

From 8 weeks to 3 days at the front door.

Same supplier, same scope, two different operating models. Why most procurement teams pick the second after one pilot.

Today

  • ·8 weeks shortlist to contract
  • ·5 handoffs between procurement, security, GRC, legal, business unit
  • ·2 finalists dropped post-negotiation at security review
  • ·Concentration risk invisible until renewal

With Cyb3r Operations

  • ·3 days shortlist to risk-cleared decision
  • ·Parallel review, no waterfall handoffs
  • ·Risky candidates dropped at shortlist, before negotiation
  • ·Concentration flagged before contract signature

Frequently asked

Questions procurement leaders ask in the first conversation.

Risk evidence is ready before the supplier is contacted. Most teams cut shortlist-to-qualified-vendor time by 50 to 70 percent.

We feed risk evidence and decisions into the sourcing workflow you already run, rather than asking procurement to switch tools mid-RFP.

Yes. Evidence-led, defensible, framework-anchored. Hand the business unit the evidence pack and they kill it themselves.

Plain-English risk summaries scoped to the use case the business unit cares about. No CVSS scores, no jargon.

Current risk evidence is already there. Walk into renewal conversations with this month's picture, not last year's questionnaire response.

Outside-in evidence applies equally to existing suppliers. Most teams use the initial scan to surface concentration risk and renewal candidates they didn't know they had.

Comparing alternatives?

Comparing TPRM that plugs into procurement workflow?

See where evidence-at-shortlist outperforms the wait-for-questionnaire model.

See the full breakdown

Make vendor onboarding the competitive advantage it should be.

30-minute demo, tailored to your sourcing process. We will show you what your next RFP looks like with risk evidence ready at shortlist stage.

Start your discovery now

Get started

Three steps to a faster front door.

Step 01

30-minute demo on your data

Bring a recent RFP shortlist. We run outside-in evidence against the candidates before the call.

Step 02

Cycle-time worked example

Pick a recent supplier. We show what onboarding would have looked like with continuous evidence from day one.

Step 03

Pilot against the next sourcing wave

Apply Cyb3r Operations to one upcoming category sourcing event. Measure cycle-time impact and dropped-shortlist reduction.