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Certa provides a SaaS platform for third-party risk management and compliance. It helps global enterprises manage all stages of their vendor relationships—from initial data collection and due diligence to risk mitigation and ESG reporting—through a single portal. The product automates many tasks: AI-driven metadata extraction, automated decision-making, auto contract drafting, auto-scoring routing, and an audit trail for governance. It also offers vendor scorecards, mutual NDA creation, and dashboards to track status. Compared with competitors, Certa combines a broad set of tools (risk assessment, contract automation, ESG reporting, and audit governance) in one unified platform and targets large organizations with complex regulatory needs. The company's goal is to reduce risk and improve compliance efficiency for its clients by streamlining third-party processes and providing transparency across the vendor lifecycle.
Industries
Data & Analytics
Enterprise Software
Cybersecurity
Legal
Company Size
201-500
Company Stage
Series B
Total Funding
$62.2M
Headquarters
Saratoga, California
Founded
2013
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Total Funding
$62.2M
Meets
Industry Average
Funded Over
5 Rounds
Industry standards
Paid Vacation
Remote Work Options
Company Equity
Wellness Program
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Trustpair, a platform for automated vendor payment fraud prevention, has partnered with Certa, a leader in third-party risk management tools, to integrate fraud prevention and compliance capabilities for enterprise procurement teams. The integration allows Certa customers to access Trustpair's automated bank account ownership verification directly within Certa's platform. The partnership addresses growing concerns around AI-powered fraud and regulatory scrutiny. According to Trustpair's 2026 Fraud Report, 71% of US companies reported increased AI-powered fraud attempts over the past 12 months. The integration enables organisations to verify vendor banking information and assess fraud risk within existing third-party onboarding and monitoring workflows. The combined solution provides real-time bank account verification and risk evaluations, allowing procurement and compliance teams to manage vendor relationships from onboarding through payment without switching tools.
👩🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.🧔♂️ A friendly human may check it before it goes live. More news hereThe US Food and Drug Administration (FDA) has introduced a new generative AI tool named Elsa to boost operational efficiency.Elsa assists employees with tasks like document analysis, data management, clinical protocol reviews, and adverse event summarization.It also supports safety assessments, inspection targeting, and can generate code for nonclinical database development.Elsa runs in a secure GovCloud environment, protecting sensitive internal data. It does not process or train on data from regulated industries, maintaining confidentiality.The rollout follows a pilot with FDA scientific reviewers and is ahead of the agency’s June 30, 2025 timeline.The FDA plans to expand Elsa’s capabilities with more AI functionalities over time.🔗 Source: US Food and Drug Administration🧠 Food for thought1️⃣ Government agencies are rapidly adopting AI for regulatory efficiencyThe FDA’s launch of Elsa reflects a broader trend of government agencies leveraging AI to transform regulatory operations and improve public services.Transportation departments are using AI for traffic management and predictive maintenance, while law enforcement agencies deploy it for digital forensics to enhance public safety 1.Regulatory agencies are finding AI particularly valuable for automating administrative tasks, with the ability to analyze stakeholder input and streamline regulatory processes, saving both time and resources 2.The Defense Department’s GAMECHANGER tool centralizes regulatory guidance to improve coordination, demonstrating how AI can address the complexity of government operations across different sectors 3.These implementations show that FDA’s move is part of a government-wide shift toward AI adoption, with agencies increasingly recognizing AI’s potential to reduce manual effort while enhancing accuracy in regulatory functions.2️⃣ AI compliance and security features reflect evolving regulatory requirementsFDA’s emphasis on Elsa being built within a “high-security GovCloud environment” addresses growing concerns about data protection in government AI implementations.Organizations implementing AI compliance tools are increasingly focusing on automated workflows and real-time monitoring dashboards to ensure adherence to regulations, as seen in the finance and healthcare sectors 4.The integration of AI in compliance processes has been shown to enhance operational efficiency while reducing the risk of human error, which is critical for an agency handling sensitive health data 5.FDA’s approach mirrors best practices identified in the industry, where predictive analytics are used to forecast potential compliance issues before they occur, potentially helping the agency stay ahead of emerging risks 5.By ensuring all information remains within the agency and preventing training on industry-submitted data, the FDA is addressing key transparency and data governance concerns that experts have identified as essential for responsible AI deployment 6.3️⃣ FDA’s AI implementation connects to broader healthcare transformation trendsThe FDA’s adoption of AI for clinical protocol reviews and scientific evaluations parallels the healthcare industry’s increasing use of AI to improve diagnostic accuracy and treatment decisions.Systems like LumineticsCore, the first FDA-approved AI system for diabetic retinopathy screening, demonstrate how AI can enhance clinical workflows by enabling non-specialists to perform complex diagnostic tasks 7.FDA’s emphasis on using AI to “identify high-priority inspection targets” connects to the broader trend of using AI for risk assessment, where algorithms analyze diverse datasets to identify emerging risks and recommend mitigation strategies 5.This adoption suggests FDA is positioning itself to better understand and regulate the very AI technologies it oversees in healthcare, potentially improving its ability to evaluate the growing number of AI-enabled medical devices seeking approval.Recent FDA developments
Markel Group Inc has made a 49% strategic investment in Certa, a UK-based tax managing general agent. This investment aims to accelerate Certa's product development and geographical expansion. Certa, founded in 2019, is the only underwriting agency focused exclusively on tax and contingent risk insurance. Markel will collaborate with Certa's management to support its business strategy and complement Markel's existing portfolio.
This Spend Matters Brand Studio article was written in conjunction with Certa.Compliance and risk management is a growing and interesting use case of GenAI for procurement, finance and, of course, legal operations. The technology opens up a wealth of capabilities not previously possible for the procurement practitioner in terms of data availability, end-to-end visibility, cost, time and risk reduction, and ultimately the overall health of the third-party network. Its uptake is only going to grow as organizations begin to rely on its power to tackle big business issues, such as third-party risk management (TPRM). The traditional process of clunky manoeuvring from one system to another breeds inconsistencies, lack of control, errors and basically a bad UX. But an AI-backed third-party operating system can introduce more natural-feeling and intuitive functions where the AI understands your query and responds with the output you need. AI, once integrated into workflows, makes the entire process from intake and onboarding through to contract (including data changes and communications) more personal, user-friendly, agile and, importantly, seamless across the whole supply base
SAN FRANCISCO--(BUSINESS WIRE)--Certa, the leader in third-party management solutions, today announced its inclusion as one of Forbes Best Startup Employers for 2024. Certa also announced its CEO Jag Lamba has been recognized as a 2024 Pro to Know in the Supply and Demand Chain Executive Awards, and the company has been honored for Best Overall eProcurement Software in the FinTech Breakthrough Awards. Certa placed 275 on “America’s Best Startup Employers 2024” list which ranks the 500 top startup companies displaying excellence across company reputation, employee satisfaction and growth. In partnership with Statista, Forbes identified 3,000 privately held US companies and measured them against millions of data points to determine a score for each company. Supply Demand Chain Executive's annual awards program recognizes individual and corporate leaders in the global supply chain. The Pros to Know category specifically highlights outstanding executives whose accomplishments offer a roadmap for other leaders looking to leverage the supply chain for competitive advantage
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Industries
Data & Analytics
Enterprise Software
Cybersecurity
Legal
Company Size
201-500
Company Stage
Series B
Total Funding
$62.2M
Headquarters
Saratoga, California
Founded
2013
Find jobs on Simplify and start your career today