NEW YORK: Lema AI emerges from stealth with $24 million in Series A funding to replace static vendor compliance checklists with continuous, AI-driven supply chain risk monitoring. Team8 leads the round, with Salesforce Ventures participating and F2 Venture Capital having backed the company at seed.
Founded in 2023 by Eddie Dovzhik, Omer Yehudai, and Tomer Roizman, all veterans of Israeli intelligence Unit 8200, the New York and Israel-based startup argues that the compliance questionnaire model enterprises still use to vet vendors is fundamentally broken.
Gartner data cited by the company finds that 60% of organizations now manage more than 1,000 third-party vendors, while McKinsey research indicates roughly one-third of recent cyber breaches trace back to those external relationships.
Rather than automating the same ineffective forms, Lema’s platform deploys an agentic AI modeled on how a vulnerability researcher operates. It continuously tracks how vendors interact with enterprise systems, monitoring data movement, access to sensitive assets, and permission changes over time.
Then maps realistic attack paths a compromised vendor could introduce. Security teams can assess a new vendor in under five minutes and receive ranked, prioritized risk findings with specific remediation steps.
Customers span financial services, healthcare, and multiple Fortune 500 companies, though Lema declines to name them. The fresh capital accelerates development of the company’s autonomous vendor risk analysis engine and expands its go-to-market team.
The 35-person company, with roughly 25 employees based in Israel, targets heavily regulated enterprises where a single third-party breach can trigger cascading operational and regulatory consequences.
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