Acquisition
Oct 2025Hyperproof announced it had acquired Expent.ai and integrated its vendor lifecycle / TPRM capabilities into Hyperproof's platform.
SourceCompany research
Public company, workplace, funding, and market signals
Overview
Expent was a YC Winter 2021, Fremont-based vendor lifecycle management startup founded in 2020 that used AI to streamline software procurement, vendor risk, contracts, and renewals; Hyperproof acquired it in October 2025.
Primary product
AI-powered vendor lifecycle management / third-party risk management platform
Founded
2020
Headquarters
Fremont, California, United States
Team size
1-10
Industry
Software Development
Sub-industry
Vendor lifecycle management / third-party risk management software
Business model
B2B SaaS
Subscription
Free trial
Funding
Stage
Acquired
Total raised
$125K
Latest round
Seed · Jan 2021
People & investors
Leadership
Co-Founder
Co-Founder
Molly Louthan
Chief Revenue Officer (CRO)
Director of Business Development
Work & culture
Small, scrappy, founder-led team with a hands-on customer and engineering culture; public posts emphasize resilience, fast iteration, and AI-native product building.
Compensation
No official pay bands or benefits page was found. A Salary.com snippet suggests a typical annual pay range around $99.6K-$127.5K, but that is not an official disclosure.
Product & market
Pricing
Tiered SaaS with free trial; public site showed TPRM Free Trial, TPRM Core, and TPRM Advanced.
Differentiators
- —End-to-end vendor lifecycle coverage from sourcing/intake through contracts, performance, and renewals
- —AI-assisted risk assessments and document parsing
- —Cross-functional workflows spanning procurement, security, legal, IT, finance, and VMO
- —Deep integrations with enterprise systems such as SAP, Workday, Coupa, NetSuite, and Okta
- —Claimed to accelerate vendor risk assessments by up to 80%
Technology
REST
Elastic stack (ELK)
Snowflake
Shopify
MUI
CSS
FastAPI
Elasticsearch
AWS
SAP
Workday
Coupa
NetSuite
Okta
Customers
Workato
Fortune 500 software company (unnamed)
Largest cryptocurrency exchange in the US by trading volume (unnamed)
Second-largest global payment corporation (unnamed)
Leading enterprise automation software company in G2 MQ (unnamed)
Competitors
Wellspring
Forestreet
27pilots
Prevalent
Taloflow
Maple Street
Omnea
Vanta
Scale & contact
Signals & risks
Latest news
Yahoo Finance / PR Newswire republish · Oct 2025
A syndicated republish of the acquisition press release, reinforcing the deal and the product positioning.
Signalbase · Oct 2025
Independent M&A coverage describing Hyperproof's acquisition of Expent and the strategic fit around vendor lifecycle management and TPRM.
PR Newswire · Oct 2025
Hyperproof announced it acquired Expent.ai, highlighting agentic AI for vendor risk, vendor lifecycle management, and third-party risk management.
Hyperproof · Oct 2025
Hyperproof's own announcement explains how Expent's vendor lifecycle workflows and AI agents fit into Hyperproof's broader GRC platform.
LinkedIn · Oct 2025
Expent's company account announced the Hyperproof deal and said the mission would continue inside Hyperproof.
Jobs and careers at Expent Inc
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