Diligent Acquires 3rdRisk to Deliver AI-Native Third-Party Risk Management at Scale

Market-Leading GRC Platform Adds AI-Native Solution to Address Fastest-Growing Segment in Risk and Compliance

NEW YORK--(BUSINESS WIRE)--Diligent, the AI leader in governance, risk, and compliance (GRC) SaaS solutions, today announced it has acquired 3rdRisk, an AI-native third-party risk management platform based in the Netherlands. The acquisition strengthens Diligent's position as the only GRC provider recognized as a "Leader" by all five major industry analyst firms – Gartner, IDC, Forrester, Chartis, and Verdantix – and expands its ability to serve risk and compliance leaders managing increasingly complex vendor ecosystems.

"Organizations are facing increasing volume and complexity of risks across their vendor ecosystem,” said Scott Bridgen, General Manager, Risk and Audit at Diligent. “By combining Diligent’s AI platform with 3rdRisk’s third-party risk management capabilities, we’re delivering the most holistic solution that spans from the boardroom to the extended vendor landscape. Together, Diligent and 3rdRisk provide a unified, AI-driven view of risk that helps organizations govern with confidence and address vendor dependencies that have become board-level priorities.”

Third-party risk management, and specifically IT vendor risk management, is one of the largest and fastest-growing segments in GRC, driven by rising regulatory scrutiny, evolving cyber threats and the rapid expansion of digital dependencies. With 3rdRisk, organizations gain a clear, near real-time view of their external ecosystem, how critical vendors are performing, and what that means for their overall risk posture. Built with AI at the core, 3rdRisk automates vendor profiling, assessment workflows, and document analysis of contracts and certifications, enabling teams to achieve audit-readiness in weeks rather than quarters.

"3rdRisk was founded with the belief that AI will transform how organizations approach vendor risk - not by replacing human judgment, but by eliminating the manual processes that prevent teams from focusing on what matters most," said Bram Ketting, co-founder and CEO at 3rdRisk. "Joining Diligent accelerates our ability to deliver on that vision on a global scale while maintaining the product focus and domain expertise that our customers value."

This announcement builds on a year of accelerated AI innovation from Diligent, including the launch of GovernAI to streamline governance workflows, AI Risk Essentials to strengthen enterprise risk management, AI-enhanced Diligent Entities to modernize entity and subsidiary management, and ACL AI Studio to give audit, risk and compliance teams faster data-driven insights. The acquisition of 3rdRisk extends this momentum into third-party risk management and underscores Diligent’s commitment to using AI to equip professionals with best-in-class solutions to clarify risk and elevate governance.

District Capital Partners served as the financial advisor, and Goodwin Procter LLP served as the legal advisor to Diligent. WizeCap served as the financial advisor and deBreij served as the legal advisor to 3rdRisk.

About Diligent

Diligent is the AI leader in governance, risk and compliance (GRC) SaaS solutions, helping more than 1 million users and 700,000 board members to clarify risk and elevate governance. The Diligent One Platform gives practitioners, the C-Suite and the board a consolidated view of their entire GRC practice so they can more effectively manage risk, build greater resilience and make better decisions, faster. Learn more at diligent.com.

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About 3rdRisk

3rdRisk is the leading third-party risk management platform. Built by risk professionals, 3rdRisk helps organisations automate and scale their approach to identifying, assessing, and monitoring supplier risk, from onboarding to ongoing oversight. The cloud platform combines user-friendly workflows with AI embedded in day-to-day processes, delivering real-time insights, better control, and faster compliance across frameworks such as DORA and NIS-2. 3rdRisk works with customers worldwide across industries, including retail, financial services, and technology. Learn more at 3rdrisk.com.