Interos: Building Trusted and Transparent Supply Chains
Amid this ongoing era of disruption, supply chain risk intelligence has assumed more value than ever before.
Organisations large and small are, quite simply, desperate to inject much-needed security into their supply chains as they seek to ensure operations can continue as normal and crippling financial losses are dodged.
Unsurprisingly then, demand for tech experts capable of providing the tools required to make this ambition a reality is at an all-time high.
Interos, which bills itself as the supply chain risk intelligence company, is one such example – and is fresh from securing US$40m in funding from Blue Owl Capital.
The investment will boost Interos as it strengthens its product-led growth strategy, deepens AI capabilities and broadens its multi-vector, go-to-market model, enabling the delivery of increased value to customers.
How Interos protects organisations
Founded back in 2005, Interos’ mission is to build the most trusted and transparent supply chains in the world.
The firm’s pioneering discovery and monitoring technology spans the entire lifecycle of supply chain risk, enabling faster, more informed threat mitigation and response in the enterprise.
Interos’ automated supplier threat mitigation platform continuously maps and monitors more than 400 million suppliers and 18 billion relationships at speed, at scale and in real time, protecting organisations from regulatory fines, unethical labour practices, cyber attacks and other critical vulnerabilities.
Celebrating Interos’ latest funding success, CEO Ted Krantz says: “The investment from Blue Owl is a vote of confidence for our vision into AI-powered predictive analytics.
“As the market leader, we are primed to accelerate adoption of our platform across the entire supply chain risk lifecycle at a time when the supply chain ecosystem has never been more strategic and complex.”
Big-name clients rely on Interos
Interos’ immense growth and glowing reputation is perhaps best demonstrated by the fact it can count numerous big-name commercial, government and public sector organisations among its customers.
These include the U.S. Department of Defense, NASA and a host of Fortune Global 500 giants such as Accenture and Freddie Mac.
Earlier this year, Interos was awarded a major, multi-year contract to expand resilience at the Canadian Coast Guard and Royal Canadian Navy, with the aim of embedding multi-tier visibility and risk monitoring to mitigate systemic and adversarial disruptions stemming from cyber, geopolitical, regulatory and other factors.
Interos also assists professional services powerhouse Accenture in its work to help clients stay compliant and understand their real-time risk exposure.
“Our clients are becoming increasingly dependent on third-parties, exposing risk exponentially,” explains Valerie Abend, Senior Managing Director at Accenture. “Regulators and policy-makers around the world are working diligently to help those critical infrastructures and industries keep pace with their risk exposure.
“It’s incredibly important with Accenture and Interos together, that we’re able to show our clients where they may have a compliance gap, vulnerability or risk that previously they were unable to detect, and to demonstrate how they’re able to manage that risk in real time.”
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