Conveyor Secures $12.5M to Enhance AI-Powered Customer Security Review Platform
Conveyor is an AI-driven platform focusing on automating customer security reviews, enabling vendors to effortlessly and accurately demonstrate their security and compliance status to any client.
Company Name: Conveyor
Location: San Francisco, CA
Product: An AI-driven platform focusing on automating customer security reviews, enabling vendors to effortlessly and accurately demonstrate their security and compliance status to any client.
Funding Details: $12.5M in Series A funding
Funding led by: Cervin Ventures
Purpose of Funding: To foster rapid growth, bolster its team strength, and further enhance its generative AI solution.
Leadership: Chas Ballew, CEO and Founder
About Company: Conveyor is at the cutting edge of utilizing generative AI technology to streamline customer security evaluations.
The platform is engineered to facilitate the seamless exchange of security data, granting vendors the capability to securely circulate documents, FAQs, and unveil intricate security specifications.
A notable feature is the questionnaire completion software that auto-generates humanesque answers to security-related queries in the original questionnaire layout. This feature boasts an impressive 90% accuracy rate, while also highlighting low-confidence responses that require human intervention.