What is Prevalent's business focus and history?

Prevalent, Inc. is a funded company based in Phoenix, Arizona (United States), founded in 2004 by Jonathan Dambrot and Norman Menz. It operates as a provider of third-party risk management solutions, offering software and services to help organizations manage and monitor security and compliance risks associated with vendors and suppliers throughout the third-party lifecycle. Prevalent has raised a total of $82.2 million in funding over multiple rounds, with investors including Insight Venture Partners, Spring Mountain Capital, and Fulcrum Equity Partners. The company has 117 employees and reported an estimated revenue of $23.2 million in 2025. Its top competitors include companies like OneTrust, Vanta, and Drata.

Prevalent Corporate Details & Core Services

Prevalent specializes in third-party risk management solutions, offering software and services to help organizations manage and monitor security and compliance risks associated with vendors and suppliers throughout the third-party lifecycle.

Prevalent Contact Information & Official Links

Website https://prevalent.net
Social  
Email id [email protected]
Phone number +1 877-773-8253
Head office address Phoenix, Arizona, United States
Tags Third-Party Risk Management Cybersecurity Compliance Vendor Risk Management Software Development

What are Prevalent's Key Business Metrics & Stats?

No of employees 117
Founded year 2004
Type private
SAICS CODE 7371
NAICS Code 541511
Industry Cybersecurity
Location Phoenix, Arizona, United States
Parent Company mitratech.com
Pricing Strategy Subscription-based SaaS
Prevalent Firmographic Snapshot 2026 2004 Founded Year 117 Global Employees United States Headquarters Cybersecurity Industry Private Type Verified by DexterAgent.ai

How much funding has Prevalent raised to date?

Name Description
Funding Amount USD 4 Million
Stage Series A
Latest Valuation 0 (USD)
Lead Investor Fulcrum Equity Partners
Investors Fulcrum Equity Partners

What are Prevalent's Core Products?

Name Description
Prevalent Third-Party Risk Management Platform A SaaS solution enabling companies to automate and centralize tasks required to assess, manage, and continuously monitor third-party operational, security, and compliance risks across every stage of the vendor lifecycle.
Prevalent Synapse A unified platform that reduces both risk and cost in a shared assessment model, leveraging standardized content, automation, and threat intelligence.

What are the latest developments at Prevalent?

Date Type Description
October, 2024 Acquisition Prevalent was acquired by Mitratech in October 2024.
July, 2024 Funding Prevalent raised $10.7 million in a private equity round led by Insight Partners in July 2024.

Prevalent VS OneTrust VS Vanta VS Drata : 2026 Comparison

Feature Prevalent OneTrust Vanta Drata
Core Strengths Prevalent Third-Party Risk Management Platform, Prevalent Synapse OneTrust Privacy, OneTrust DataDiscovery, OneTrust DataGovernance, OneTrust Vendorpedia, OneTrust GRC, OneTrust Ethics, OneTrust PreferenceChoice, OneTrust ESG Compliance Automation, Risk Management, Third Party Risk Management, Questionnaire Automation, Trust Center, Vanta AI Drata Compliance Automation Platform
Founded Year 2004 2016 2018 2020
Stock Name/Ticker
Type private private private private
Global Employees 117 2300 1000 501
Revenue (Annual) $23.2 Million(2025)   $220 Million(2025) $98 Million(2025)
Headquarters Phoenix, Arizona, United States Atlanta, Georgia, United States San Francisco, California, United States San Diego, California, United States
Latest Valuation $0 $4.5 Billion $4.2 Billion $2 Billion
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS Vanta 220 | 1000 Drata 98 | 501 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name Prevalent, Inc.
Cin number
GST number
Registration number

Who is in Prevalent's executive leadership team?

Name Designation
CEO Kevin Hickey
Chief Revenue Officer Brendan Evers
Chief Technology Officer David Allen
Chief Financial Officer James Ray
Vice President, Human Resources Rob Babbush
Vice President, Customer Operations Ian Peddle

Where are Prevalent's primary office locations?

City Country
Phoenix United States
Warren United States

What are the current business signals and market intelligence for Prevalent?

Pain points Managing third-party risk, Ensuring compliance with regulations, Monitoring vendor security
Sales motion Direct sales, Channel partnerships
Buyer Persona Chief Information Security Officers, Risk Managers, Compliance Officers
Type of customer Enterprises, Healthcare Organizations, Financial Institutions
Key customer domain

What is Prevalent's annual revenue history?

Year Revenue (USD)
2025 23.2 Million

What are Prevalent's risk management and compliance ratings?

GDPR RIsk Yes
Privacy Risk Yes
Company Ratings
Glassdoor Rating

What are Prevalent's business model and service classifications?

Saas Yes
Offline Stores No
Service Yes
Ecommerce No
Exporter No
Mobile App No
Retail No
B2B Yes
B2C No
Manufacturing No
Wholesale No
Importer No
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