
ProcessBolt
Founded Year
2017Stage
Series A | AliveTotal Raised
$120KMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-184 points in the past 30 days
About ProcessBolt
ProcessBolt is a company that provides vendor risk management and security solutions across various business sectors. Its platform includes vendor risk management, monitoring of vendor security postures, and risk assessments to address compliance and security needs. The company serves sectors such as healthcare, financial services, manufacturing, legal, retail, public sector, and technology. It was founded in 2017 and is based in Minnetonka, Minnesota.
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ProcessBolt's Product Videos
ESPs containing ProcessBolt
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The request for proposal (RFP) response automation market streamlines and automates the creation of RFP responses, saving organizations time and resources. It ensures accuracy and consistency in responses, minimizing errors and increasing the likelihood of winning bids. With features like content libraries, collaboration tools, and analytics, RFP response automation software helps teams to work mo…
ProcessBolt named as Challenger among 15 other companies, including PandaDoc, QorusDocs, and Upland.
ProcessBolt's Products & Differentiators
ProcessBolt VRM
ProcessBolt VRM verifies the security risk of an organization by providing a unified platform to gather risk assessments from third party vendors, continuously monitors vendors for any elevated risk and employs AI to correlate the collected data with the information provided in each vendor's policy documents. ProcessBolt provides real-time vulnerability detection as threat levels change between attestation periods so an entire vendor network can be managed by a single user.
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Expert Collections containing ProcessBolt
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ProcessBolt is included in 2 Expert Collections, including Conference Exhibitors.
Conference Exhibitors
5,302 items
Artificial Intelligence (AI)
20,628 items
ProcessBolt Patents
ProcessBolt has filed 1 patent.
The 3 most popular patent topics include:
- natural language processing
- remote desktop

Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
11/6/2020 | Remote desktop, Natural language processing, Email, Spamming, Virtual memory | Application |
Application Date | 11/6/2020 |
|---|---|
Grant Date | |
Title | |
Related Topics | Remote desktop, Natural language processing, Email, Spamming, Virtual memory |
Status | Application |
Latest ProcessBolt News
Apr 30, 2024
News Provided By Share This Article ProcessBolt, the #1 provider of vendor risk management solutions, welcomes Derrick Lowe, CSO of Orlando Health, to its board of directors. ProcessBolt, the #1 provider of vendor risk management solutions, welcomes Derrick Lowe, CSO of Orlando Health, to its board of directors. Effective vendor risk management is more important now than ever for hospitals as supply-chain-related breaches are directly impacting patient care.” — Derrick Lowe, Orlando Health (CSO) MINNEAPOLIS, MN, UNITED STATES, April 30, 2024 / EINPresswire.com / -- ProcessBolt , the comprehensive AI-driven vendor risk management platform, is pleased to announce that Derrick Lowe, Chief Security Officer of Orlando Health and one of Becker Hospital Review’s 60 “CISOs to Know” for 2023, is joining ProcessBolt’s board of directors. “We are thrilled to have Derrick join our board,” said Mike Kelly, CEO of ProcessBolt. “Derrick has been consistently recognized for his expertise in cybersecurity in the healthcare sector and across various public sector organizations, including the U.S. Army and National Security Agency. Derrick is an extraordinary leader and his experience will help us execute on our mission of making it efficient and cost-effective to protect against the various evolving threat vectors in the third-party risk space.” Prior to joining Orlando Health in 2019, Derrick spent six years as the chief information security officer (CISO) at Cape Fear Valley Health System, in Fayetteville, N.C. He launched his career as a cybersecurity professional more than 20 years ago when he was proudly serving in the U.S. Army. During that 23-year tenure, Derrick held positions ranging from combat medic to signal officer and led soldiers in four combat operation deployments. He also holds the distinguished honor of working at the National Security Agency, U.S. Cyber Command, and U.S. Special Operations Command, for which his responsibilities included protecting the U.S. against cyber threats. “I have seen the limitations of existing vendor risk management technology. Disparate software solutions focusing on point-in-time risk assessments or continuous monitoring are simply insufficient in today’s dynamic and evolving risk environment. ProcessBolt’s approach to vendor risk management fully integrates AI-driven assessment automation with continuous attack surface monitoring and offers an application of AI to provide additional verification of vendors’ security postures. I am excited to join the ProcessBolt board of directors and look forward to contributing my expertise to the company,” said Derrick Lowe. Derrick has earned noteworthy honors for his professional and military accomplishments. On the military end, they include the Bronze Star Medal, for heroic or meritorious achievement/service in a combat zone, the Defense Meritorious Service and Joint Service Commendation Medals for meritorious achievement. Also, in 2023 he was a nominee for the Orlando Business Journal Veterans of Influence Award, which recognizes veterans for significant career achievements, a strong record of innovation or outstanding performance in their work, and community involvement. Becker’s recognition of Derrick as one of only 60 executives for its “Hospital and Health System CISOs and CPOs to Know” list for 2023 places him among an esteemed list of CISOs and chief privacy officers who lead cybersecurity initiatives for health systems and hospitals nationwide. About ProcessBolt Founded in 2017, ProcessBolt is a leading vendor risk management software company based in Minnetonka, Minnesota. ProcessBolt offers a fully integrated vendor risk management platform that leverages AI to help organizations assess and continuously monitor their vendor network. The platform also enables organizations to auto-respond to questionnaires and pre-emptively share corporate documentation with partners. For more information, please visit https://processbolt.com and follow us on LinkedIn: https://www.linkedin.com/company/processbolt/ About Orlando Health Orlando Health is a not-for-profit healthcare organization with $9.6 billion of assets under management that serves the southeastern United States and Puerto Rico. The 3,429-bed system includes 33 hospitals and emergency departments – 26 of which are operational with seven coming soon – nine specialty institutes, and skilled nursing and in-patient behavioral health facilities. More than 4,950 physicians, representing more than 100 medical specialties and subspecialties have privileges across the Orlando Health system, which employs more than 29,000 team members and more than 1,400 physicians.
ProcessBolt Frequently Asked Questions (FAQ)
When was ProcessBolt founded?
ProcessBolt was founded in 2017.
Where is ProcessBolt's headquarters?
ProcessBolt's headquarters is located at 3792 Williston Road, Minnetonka.
What is ProcessBolt's latest funding round?
ProcessBolt's latest funding round is Series A.
How much did ProcessBolt raise?
ProcessBolt raised a total of $120K.
Who are the investors of ProcessBolt?
Investors of ProcessBolt include Orlando Health Ventures, Matchstick Ventures, Techstars Target Retail program, Waterline Ventures and TGH Innoventures.
Who are ProcessBolt's competitors?
Competitors of ProcessBolt include Guardz and 4 more.
What products does ProcessBolt offer?
ProcessBolt's products include ProcessBolt VRM and 4 more.
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Compare ProcessBolt to Competitors

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