Fundraising Fox

Valente Sherman, Inc.

Acquired

San Geronimo, US · Founded 2020 · Delaware corporation · 5 known investors

Valente Sherman, Inc., operating as VISO Trust, sells an AI-based third-party cyber risk due diligence SaaS platform.

Also known as Valente Sherman, Inc. DBA VISO TRUST · VISO Trust · VISO TRUST

Founders & leadership

Valente Sherman, Inc. was founded in 2020 by Paul Valente and Russell Sherman.

PV
Paul ValenteCo-founder
RS
Russell ShermanCo-founder

Board

KMKelley Mak
Kelley Makin𝕏Board directorGeneral Partner at Work-Bench
ESEnrique Salem
Enrique Salemin𝕏Board directorPartner at Bain Capital Ventures

Investors · 5

Also in the syndicate · 3

Doug MerrittGeorge KurtzKevin Mandia

Reported raises · per SEC filings

Form D private placements

$11M disclosed across 1 of 2 rounds · 2021–2022

$11MraisedDec 2021 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul ValenteExecutive Officer, Director
  • Russell ShermanDirector
  • Kelley MakDirector
  • Enrique SalemDirector
Offering amount
$11M
Amount sold
$11M
First sale
Dec 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Company profile

researched Aug 2026

Valente Sherman, Inc. is a Delaware corporation doing business as VISO TRUST, with offices at 635 San Geronimo Valley Drive, San Geronimo, California 94963 [2][0]. The company provides a cloud-hosted, Software-as-a-Service cyber due diligence platform used by enterprises to assess and monitor the security posture of third-party vendors [2][3]. It is described as the industry's first AI-based third-party cyber due diligence platform, combining what the company calls social due diligence with curated artificial intelligence to produce risk information for decision-making [1].

The platform automatically evaluates vendor security posture by extracting insights from source artifacts without manual intervention, and supports use cases including visibility into nth-party relationships, rapid due diligence, and compliance with ISO, NIST and AICPA standards [3]. Users can generate and download vendor security profiles and "Security Reports" through the platform; the license agreement commits VISO TRUST to commercially reasonable efforts to maintain at least 99.9% uptime and to email support during business hours, with optional 24/7/365 enterprise support [2]. Preqin classifies the company under IT Security/Cybersecurity and Monitoring & Security Software, with a cloud computing vertical [3].

Sources differ on founding details: Preqin lists VISO Trust as established in 2016 in San Francisco, California [3], while the SEC Form D issuer record lists the San Geronimo, California address [0]. Preqin also records that in April 2026 Protecht Group Holdings Pty Ltd, a portfolio company of PSG Equity, acquired VISO Trust from its investor group, with financial terms undisclosed [3].

Founding story

VISO Trust was co-founded by Paul Valente, a former CISO who serves as CEO, and Russell Sherman, a security and technology leader who serves as CTO; the corporate entity carries both founders' surnames [1][3].

Business model

VISO Trust licenses access to its SaaS cyber due diligence platform to business customers under a quote-based software license agreement, with limited, non-transferable, non-exclusive access rights granted for the term of the agreement and support services included [2]. Preqin describes a subscription model with tiered pricing plans based on usage and features, typically structured as annual B2B agreements that include ongoing platform access, periodic updates and support [3].

Subscription-based recurring revenue from tiered plans tied to usage levels and feature sets, typically sold as annual agreements; enterprise support can be purchased separately through a statement of work or digital quote [3][2].

Traction

The company has been described as having scaled to a broad customer set spanning hyper-growth technology firms and Fortune 500 enterprises across regulated and consumer-facing industries [1]. No revenue, customer-count or headcount figures are disclosed in the available sources [3].

Latest developments

Preqin reports that in April 2026 Protecht Group Holdings Pty Ltd, a PSG Equity portfolio company, completed an add-on/trade sale acquisition of VISO Trust from its venture investors for undisclosed terms, with plans to integrate the technology into Protecht's AI-driven risk and compliance platform, accelerate product innovation, pursue cross-sell across its client base and expand internationally [3]. Prior to the acquisition, the company was reported to be focused on new automation features for vendor risk assessment and on entering markets beyond North America and Europe [3].

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positioned as the first AI-based third-party cyber due diligence platform in its category [1]; Preqin categorizes it at Series A stage within IT Security/Cybersecurity [3].

Automation of cyber due diligence through curated AI that derives assessments from source artifacts without manual intervention, combined with continuous rather than point-in-time vendor assessment [3][1].

Technology

The product is a cloud-hosted SaaS platform that applies curated artificial intelligence to automatically assess vendor security posture, extracting insights from source artifacts rather than relying on manual questionnaire review, and generating downloadable security profiles and reports [3][2][1]. Stated capabilities include nth-party risk visibility, accelerated due diligence, and mapping to ISO, NIST and AICPA compliance frameworks [3].

Go-to-market

Enterprises that must assess third-party and vendor cyber risk, ranging from hyper-growth technology companies to Fortune 500 organizations, including consumer-facing and highly regulated industries such as banking, automotive and retail [1]. Preqin additionally cites finance, healthcare and technology sectors as target markets [3].

Geography

Headquartered in California, with the corporate address in San Geronimo and a San Francisco location cited by Preqin [2][0][3]. The product is marketed primarily in North America and Europe, with stated exploration of additional geographies [3].

History

Preqin records the company as established in 2016 in San Francisco [3]. The entity filed a new Form D with the SEC on 2021-12-28 reporting $10,999,953 sold in an equity-only offering [0]. In March 2022 the company publicly announced an $11 million Series A led by Bain Capital Ventures [1]. Per Preqin, Protecht Group Holdings Pty Ltd acquired VISO Trust in April 2026 [3].

Risks & controversies

Sources conflict on basic company facts, notably founding year and headquarters location (Preqin: founded 2016, San Francisco [3]; corporate filings and license agreement: San Geronimo, California [0][2]). Post-acquisition, the standalone future of the brand and product is determined by the acquirer [3]. No litigation, regulatory action or controversy is reported in the available sources.

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Company stageJan 2026Series A
Contractual SaaS uptime commitmentJan 202699.9%
Year established (per Preqin)Jan 20262,016 year

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 4

launches, deals, and filings
Apr 2026
Protecht Group Holdings acquires VISO Trust

Per Preqin, Protecht Group Holdings Pty Ltd, a portfolio company of PSG Equity, acquired VISO Trust from investors including Sierra Ventures, Work-Bench, Lytical Ventures, StoneMill Ventures, Bain Capital, Cisco Investments, Scale Asia Ventures, Allstate Strategic Ventures, Bain Capital Ventures and EnvisionX Capital. Financial terms were not disclosed; the deal is listed as an add-on/trade sale with status completed.

source ↗

Mar 2022
VISO Trust raises $11M Series A led by Bain Capital Ventures

VISO Trust announced an $11 million Series A led by Bain Capital Ventures with participation from Work-Bench, Sierra Ventures, Lytical Ventures and angel investors Kevin Mandia (Mandiant CEO), George Kurtz (CrowdStrike CEO) and Doug Merritt (former Splunk CEO).

$11M source ↗

Mar 2022
Enrique Salem joins board of directors

Enrique Salem, Partner at Bain Capital Ventures, joined VISO Trust's board of directors in connection with the Series A round.

source ↗

Dec 2021
SEC Form D filing reporting $10,999,953 sold

Valente Sherman, Inc. filed a new Form D reporting $10,999,953 sold in an equity-only offering under exemption 06b, listing an address of 635 San Geronimo Valley Drive, San Geronimo, CA 94963.

$11M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Valente Sherman, Inc.Delaware

Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Valente Sherman, Inc. do?
Valente Sherman, Inc., operating as VISO Trust, sells an AI-based third-party cyber risk due diligence SaaS platform.
Who founded Valente Sherman, Inc.?
Valente Sherman, Inc. was founded by Paul Valente, Russell Sherman in 2020.
Who are Valente Sherman, Inc.'s investors?
Valente Sherman, Inc.'s investors include Bain Capital Ventures, Work-Bench.
How much funding has Valente Sherman, Inc. raised?
Valente Sherman, Inc. has disclosed $11M raised across 1 of its 2 known rounds.
Where is Valente Sherman, Inc. headquartered?
Valente Sherman, Inc. is headquartered in San Geronimo, US.