Fundraising Fox

Prevalent

Phoenix, US · Founded 2014 · Delaware corporation · 3 known investors

Prevalent, a Mitratech product, is an AI-powered third-party risk management (TPRM) platform for assessing, monitoring, and remediating risks across the vendor and supplier lifecycle from onboarding to offboarding. It combines automated risk assessments, continuous monitoring, contract management, and a vendor intelligence network for enterprise risk and compliance teams.

Founders & leadership

Prevalent was founded in 2014 by Norman W. Menz III and Jonathan Dambrot.

NW
Norman W. Menz IIICo-founder
JD
Jonathan DambrotCo-founder
KH
Kevin HickeyChief Executive Officer
JR
James RayVice President of Finance, Corporate Secretary and Treasurer
KC
Kevin CharestNamed on SEC filing
DM
Doug McNaryNamed on SEC filing
JE
Jonathan E. DambrotNamed on SEC filing
NW
Norman W. Menz, IIINamed on SEC filing

Board

MT
Michael TriplettBoard director
TK
Thomas KraneBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$24.8M disclosed across 3 rounds · 2014–2019

$10.7MraisedJul 2024 · 12 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael TriplettDirector
  • Kevin HickeyExecutive Officer, Director
  • Norman W. Menz IIIDirector
  • James RayExecutive Officer
  • Thomas KraneDirector
Amount sold
$10.7M
First sale
May 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10.2MraisedJul 2019 · 7 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • James RayExecutive Officer
  • Kevin CharestDirector
  • Jonathan DambrotDirector
  • Thomas KraneDirector
  • Doug McNaryDirector
  • Norman W. Menz IIIDirector
  • Michael TriplettDirector
  • Kevin HickeyExecutive Officer, Director
Amount sold
$10.2M
First sale
May 2019
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4MraisedJun 2014 · 2 investors · Computers
Rule 506(b)
Officers, directors & promoters on the filing
  • Jonathan E. DambrotExecutive Officer, Director
  • Norman W. Menz, IIIExecutive Officer, Director
Offering amount
$4M
Amount sold
$4M
First sale
Jun 2014
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Prevalent do?
Prevalent, a Mitratech product, is an AI-powered third-party risk management (TPRM) platform for assessing, monitoring, and remediating risks across the vendor and supplier lifecycle from onboarding to offboarding. It combines automated risk assessments, continuous monitoring, contract management, and a vendor intelligence network for enterprise risk and compliance teams.
Who founded Prevalent?
Prevalent was founded by Norman W. Menz III, Jonathan Dambrot in 2014.
Who are Prevalent's investors?
Prevalent's investors include Fulcrum Equity Partners, Tappan Hill Ventures, Spring Mountain Capital.
How much funding has Prevalent raised?
Prevalent has disclosed $24.8M raised across 3 rounds.
Where is Prevalent headquartered?
Prevalent is headquartered in Phoenix, US.