- Mirato, a Tel Aviv, Israel-based provider of a third-party risk management platform that orchestrates and automates the entire TPRM lifecycle, completed a $9m funding round
- The round led by Grove Ventures and co-led by Janvest Capital Partners, with additional funding provided by American Express Ventures, iAngels, and others
- The company also intends to use the funds for the continued development and commercialization of its technology
- The platform also uses AI and natural language processing (NLP) to continuously collect information from risk managers, documents and machines while performing analysis
- The outcome is actionable insights for risk teams, which help to reduce operational costs and improve accuracy and corporate performance
- The company recently opened a new U.S. office in New York and appointed Eran Abramovitz as its U.S. sales director
