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Let’s say the quiet part out loud: Checkbox TPRM is a waste of time.
Third-Party Risk Management (TPRM) used to be manageable. You had 20 critical vendors. You sent 20 spreadsheets. You received 20 PDFs. You looked at some fake security scores. You got the regulators off your back, and you moved on.
Not anymore. We’ve lost control over Third-Party Sprawl – there are more third parties than ever before, and every AI tool, SaaS app, and strategic partner is wired straight into the heart of your business. When they break, you break - their failure quickly becomes your failure.
We’ve seen the consequences. One vendor fails, and the global economy halts.
There is only one conclusion: the compliance theater MUST STOP. We need to start engineering risk.
We founded Lema because the truth is unavoidable: TPRM analysts are being set up to fail.
They shouldn't just be checking compliance. They need to detect the risks that genuinely threaten the business and deliver the exact steps to shut them down.
In short, they need to turn into Risk Engineers.
This is not a title change. It is a fundamental shift in philosophy.
To make this shift, we didn't need another tool to help us manage checklists faster (through AI, of course. Must have AI!). We needed a platform that thinks like a hacker.
Backed by Team8, F2, and Salesforce Ventures, we built Lema with a specific DNA: Analyze and monitor third-party risk with the mindset of an elite vulnerability researcher.
We use Agentic AI not to summarize text, but to reveal the risks that genuinely threaten your business – and deliver the exact steps to shut them down.
The old world was about covering your liability. The new world is about controlling your reality.
Start Engineering Risk.
Traditional TPRM relies on questionnaires and compliance documents designed for managing a handful of vendors. With third-party sprawl, organizations now have hundreds of vendors deeply integrated into critical systems, every AI tool, SaaS app, and partner has direct access to your infrastructure. When these deeply connected vendors break, checkbox assessments can't detect the genuine risks that cause immediate business failures.
Box Checkers send questionnaires, ask if vendors are critical, and generate compliance reports. Risk Engineers analyze how vendors actually connect to critical infrastructure, conduct targeted vulnerability tests, and take concrete actions like revoking permissions or switching vendors. It's the difference between documenting risk for regulators and actively controlling it to protect your business.
Lema's Agentic AI applies a vulnerability researcher's mindset—analyzing how third parties connect to critical systems, identifying exploitable weaknesses the way an attacker would, and delivering specific remediation steps. Instead of summarizing compliance documents, it uncovers genuine threats that traditional assessments miss and tells you exactly how to shut them down.
Third-party sprawl is the uncontrolled proliferation of external vendors with access to your systems and data—every AI tool, SaaS app, and integration adds to it. It's dangerous because traditional TPRM can't scale to assess hundreds of vendors effectively, and when any deeply integrated vendor fails due to breaches or outages, that failure cascades directly into your business operations.
Traditional TPRM compliance focuses on satisfying regulatory requirements through documentation and standardized processes—checkbox exercises that create false security. Risk Engineering focuses on identifying actual threats through technical analysis of vendor connections, targeted vulnerability testing, and actionable remediation that actively reduces exposure rather than just documenting it.
Lema provides specific remediation steps for each risk—revoking vendor permissions, adding contractual clauses, implementing technical controls, or recommending vendor alternatives. By thinking like a hacker, Lema identifies exact weaknesses in your third-party ecosystem and tells you precisely how to close them, turning risk insights into immediate action.
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