Vendict, the innovative AI-driven compliance automation platform, has announced the successful closing of its $10 million Series A funding round. Co-founded by Udi Cohen and Michael Keslassy, the company is setting out to transform how enterprises handle security questionnaires, vendor compliance assessments, and procurement-related risk management.

The round was led by Moneta VC, with participation from JAL Ventures Fund, NFX, Cardumen Capital, Disruptive AI, and Cyber Club London. The funding marks a major step forward for Vendict as it continues to expand its product offering and scale operations to meet the surging demand for faster, more accurate compliance processing in high-stakes industries like finance, healthcare, and enterprise SaaS.

Transforming a Manual Pain Point into a Growth Engine

For years, security questionnaires have been a dreaded bottleneck in the sales cycle for enterprise software vendors and service providers. Each questionnaire can span hundreds of detailed, technical questions about security posture, data protection measures, and compliance frameworks. Traditionally, answering them required countless hours of back-and-forth between sales teams, legal departments, and security officers.

Vendict flips this challenge into an opportunity by leveraging advanced generative AI trained on compliance language, frameworks, and historical responses. Instead of a manual, weeks-long process, Vendict customers can now complete these questionnaires in hours - with consistency, accuracy, and a traceable compliance audit trail. The platform even learns and adapts over time, becoming more precise with each engagement.

And here’s where the deeper insight for founders emerges: speed in enterprise sales is not just a convenience - it is often the deciding factor between closing a multi-million-dollar deal or losing it to a competitor. In many sectors, a delayed security questionnaire response can push the contract review into the next budgeting cycle, effectively delaying revenue by months or even killing the deal entirely. Startups often focus solely on building features customers want, but the ultra-competitive enterprise environment demands removing every possible sales blocker. Founders who actively identify these hidden bottlenecks and systematically remove them can increase close rates far more effectively than simply adding more sales reps or marketing spend. Vendict’s trajectory is proof that solving a “non-sexy,” operational pain point can unlock huge revenue acceleration - for both the startup providing the solution and its clients.

The Strategic Vision Driving Vendict’s Growth

Cohen and Keslassy bring a rare mix of deep security expertise and product-driven innovation. Their vision isn’t just to make security questionnaires faster but to turn compliance into a competitive advantage. By giving vendors the ability to respond quickly and with total confidence, they help their clients signal maturity and reliability to potential customers - attributes that can tip buying decisions in their favor.

The AI at the heart of Vendict is designed to handle a wide variety of compliance standards and frameworks, from SOC 2 to ISO 27001, HIPAA, GDPR, and industry-specific security baselines. Its language models are tailored for the precise terminology of information security, making it robust against the nuanced differences in vendor questionnaires across industries.

A Growing Market for Automated Compliance

The timing of this raise is no coincidence. Enterprises are increasingly aware of the risks posed by third-party vendors, especially in the wake of high-profile data breaches and regulatory crackdowns. Procurement teams have become more stringent, requiring detailed and verifiable proof of compliance before green-lighting new contracts. This has dramatically increased the workload for vendors - and opened a wide market for solutions like Vendict’s.

Industry analysts predict the global governance, risk, and compliance (GRC) market will surpass $75 billion within the next five years, with AI automation playing an ever-larger role. Vendict’s ability to cut compliance response times from weeks to hours positions it to capture a significant share of that growth.

Looking Ahead

With the Series A funding, Vendict plans to invest heavily in AI model expansion, customer onboarding capabilities, and strategic integrations with leading CRM and procurement platforms. By embedding its technology directly into the sales and procurement ecosystems, Vendict aims to become an indispensable part of the enterprise buying process.

For founders watching this trajectory, the lesson is clear: breakthrough success often comes from solving the overlooked operational pain points that directly influence revenue flow. While product features and brand presence are critical, true market differentiation can be built by streamlining or eliminating the subtle frictions that slow down high-value transactions. Vendict’s $10 million raise is not just a capital milestone - it’s a reminder that the most valuable problems to solve are often hiding in plain sight.