Freedom251 › Third Party Security Risk Management
Venminder
What Venminder is
Venminder is a cloud, code-free SaaS platform for third-party risk and vendor lifecycle management. Separate workspaces support onboarding, ongoing management and offboarding. Users can automate and customize questionnaires, centralize contract tracking and compliance, and order expert-driven assessments covering financial health, cybersecurity and other areas. Ven-monitor performs real-time screening across multiple risk domains without supplier involvement. The platform provides API and SSO integrations, including pre-built connections to RSA Archer Third-Party Risk Governance, SecurityScorecard and ArgosRisk AR Intelligence. Its SOC Assessment reviews vendor SOC reports, identifies control gaps and provides downloadable findings. Assessments can address NIST 800-53, ISO/IEC 27001:2022, NIST CSF, AICPA Trust Services Criteria, GDPR and HIPAA. Support and product training are unlimited during listed weekday hours, while typical implementation takes 30 to 90 days. Professional and Enterprise pricing is supplied by Sales; no free plan is listed.
Who it suits
Venminder suits organisations managing vendor onboarding, monitoring, contracts and offboarding in one program. It also fits teams needing questionnaire automation, framework-based assessments or API and SSO connections.
What it does well
- Dedicated workspaces cover the vendor lifecycle
- Custom questionnaires support risk ratings
- Real-time screening needs no supplier involvement
- SOC findings are downloadable
- Unlimited users, vendors and contracts on listed plans
What to know first
- No free plan is listed
- Pricing requires contacting Sales
- Typical implementation takes 30 to 90 days
- Support hours are limited to listed weekdays
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Professional | Contact Sales · key vendor-risk capabilities · add-on capabilities as program grows · unlimited users, vendors and contracts · unlimited custom fields | On request |
| Enterprise | Contact Sales · mature or complex vendor-risk programs · unlimited users, vendors and contracts · unlimited custom fields | On request |
As venminder.com lists them, read 30 Sept 2026. The maker's own page has the final word.
Verdict
Venminder combines lifecycle workspaces, assessments, monitoring and integrations in a cloud service. Its broad assessment coverage and unlimited plan allowances may fit established programs, while buyers must request pricing and plan implementation time.
Facts from Venminder's own pages
- Assessment purchasing
- Control assessments can be ordered as one-time assessments or through annual flexible-spend packages. · venminder.com, 30 Sept 2026
- Compliance frameworks
- SOC assessments address frameworks and regulations including NIST 800-53, ISO/IEC 27001:2022, NIST CSF, AICPA Trust Services Criteria, GDPR and HIPAA. · venminder.com, 30 Sept 2026
- Continuous monitoring
- Ven-monitor provides real-time third-party screening across multiple risk domains without requiring supplier involvement. · venminder.com, 30 Sept 2026
- Contract management
- The platform centralizes contract management for tracking, reporting and compliance across the vendor lifecycle. · venminder.com, 30 Sept 2026
- Customer base
- Venminder says it is trusted by more than 1,200 customers worldwide. · venminder.com, 30 Sept 2026
- Headquarters
- Brentwood, Tennessee, United States · venminder.com, 28 Sept 2026
- Implementation
- Typical implementation takes between 30 and 90 days. · venminder.com, 30 Sept 2026
- Integrations
- Venminder offers API and SSO integrations and lists pre-built integrations with RSA Archer Third-Party Risk Governance, SecurityScorecard and ArgosRisk AR Intelligence. · venminder.com, 30 Sept 2026
- Lifecycle management
- The platform provides dedicated workspaces for vendor onboarding, ongoing management and offboarding. · venminder.com, 30 Sept 2026
- Purpose
- Venminder is an AI-powered platform for managing third-party risk programs and the vendor lifecycle. · venminder.com, 30 Sept 2026
- Questionnaires
- Users can automate and customize vendor questionnaires to obtain deeper insights and more accurate risk ratings. · venminder.com, 30 Sept 2026
- Risk assessments
- Venminder provides expert-driven vendor risk assessments covering financial health, cybersecurity and other areas. · venminder.com, 30 Sept 2026
- SaaS delivery
- Venminder states that it is a SaaS platform that is code-free and operates in the cloud. · venminder.com, 30 Sept 2026
- SOC assessment
- Venminder's SOC Assessment reviews vendor SOC reports, identifies control gaps and provides downloadable findings through the platform. · venminder.com, 30 Sept 2026
- Support
- Customer support and product training are unlimited, with support hours from 8am ET to 8pm ET Monday through Friday. · venminder.com, 30 Sept 2026
Where Venminder stands on Freedom251
- Third Party Security Risk Management#8 of 15
- Vendor Management#11 of 18
- Sla Management#15 of 23
- Risk Intelligence Software#16 of 23
- Third Party & Supplier Risk Management Software#16 of 23
- Supplier Onboarding Software#28 of 38
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- Third-Party Risk Management Software#26 of 31
