5 years ago

Contingent Raises €1.9 Million to Strengthen Supply Chain Risk Management

  • UK-based Contingent, an AI-powered supplier risk and resilience platform, has raised €1.9 million in seed funding led by Connect Ventures

  • The platform aims to strengthen global compliance and procurement programs, simplify and remove manual workflows, and reduce operational costs.

      • ProblemTechnology

      "Traditional third-party risk management solutions are static and reactive, leading to inaccurate insights and making it difficult to ensure supply chains are robust and fit for purpose."

      Solution

      "Contingent is an AI-powered platform that proactively monitors and assesses third-party risk, providing real-time, actionable alerts and deep insights to help businesses strengthen their supply chains and maintain operational resilience."

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