interos.ai

We are thrilled to announce we have secured $40 million in funding from Blue Owl Capital. The investment will focus on strengthening our product-led growth strategy, deepening our AI capabilities and broadening our multi-vector go-to-market model, enabling us to deliver even more value to customers. "The investment from Blue Owl is a vote of confidence for our vision into AI-powered predictive analytics,” says Theodore Krantz Jr., CEO of Interos. “As the market leader, we are primed to accelerate adoption of our platform across the entire supply chain risk lifecycle at a time when the supply chain ecosystem has never been more strategic and complex.”? Dave DeWalt, Interos Chairman, Founder and CEO of NightDragon, and former CEO of FireEye, Inc., McAfee, and Documentum, added, “We are living in the midst of a global supply chain crisis, creating an incredible market opportunity for innovators like Interos who have the technology, team and mission drive to solve this critical challenge. With this new infusion of growth capital, Interos is well-positioned to drive additional innovation and bring trust and transparency to global supply chains.” For more, read Kyle Wiggers' write up on the round for TechCrunch:?https://lnkd.in/gvi6AjXV #riskmanagement #funding #supplychain

?? New OFAC sanctions and UFLPA restrictions released. It’s that time of year again: U.S. Department of the Treasury and U.S. Department of Homeland Security released more sanctions and company restrictions to: ???“curtail Russia’s use of the international financial system to further its war against Ukraine”? ???“eliminate the use of forced labor practices in U.S. supply?chains” Andrea L., PhD, SVP, Applied AI and Mackenzie Clark, Senior Computational Social Scientist at Interos, analyzed the far-reaching implications these new additions have on organizations: 1?? Nov 21, 2024 OFAC added Gazprombank + almost 100 other international subsidiaries and affiliates?to its Specially Designated Nationals (SDN) List. This was the last of the top 3 largest banks in Russia ranked by assets to join the sanctioned list. interos.ai data shows 7,500?across three tiers of supplier relationships are either directly or indirectly supplied by one of these 3 restricted banks (Sberbank, VTB and Gazprombank respectively). These numbers are relatively low compared to other supply chain propagation, likely due to decreasing integration of Russian banks with the Western economies since the invasion of Ukraine. 60% of the 7,500 companies at risk reside in the US ???? or the UK ????. 2?? Nov 22, 2024 US Department of Homeland Security added 29 new companies to the Uyghur Forced Labor Prevention Act (UFLPA) Entities List. Bringing the total to over 100 Entities. Companies targeted produce:? ?? Tomato paste ?? Tomato products ?? Walnuts ?? Red dates ?? Raisins ??? Exporters of materials including aluminum, nonferrous metals & polysilicon ?? Radius of impact: buyer-supplier relationships with 29 newly restricted companies:? 740 direct customers (tier 1)? 490,000 tier 2 29,000,000 tier 3 What’s Next?? Organizations should expect more restrictions to follow the path of the recent updates focused on Russian financial institutions and human rights abuses.? ??? How to Manage this Risk?? Monitor exposure with risk intelligence data to get in front of export controls against restricted companies - helping organizations avoid costly fines, seized assets and reputational damage. Get the full picture: https://bit.ly/3CJzOWF #OFAC #UFLPA #sanctions #restrictions #supplychain #scrm?

?? Managing a supply chain can sometimes feel like trying to solve a Rubik’s cube... while it’s on fire... during a hurricane. ?? Between geopolitical tensions, natural disasters, cybersecurity threats, the world’s supply chains are ever evolving. ???? And there is more data to review than ever before. But what if you could cut through the noise and just ask for the answers? What if you had an AI-powered assistant who could find the risks, alert you to recent events, and help you make informed decisions faster?? ? Introducing “Ask Interos” - the new AI-driven interface designed to make managing your supply chain as easy as…asking a question! What can Ask Interos Do for You? ? Identify Risks by Location ? Track Your Restricted Lists ? Real-Time Event Monitoring ? Supplier Connections and Dependencies ? Historic Natural Hazard Risks Learn more: https://bit.ly/3ZkP054 #AI #supplychain #scrm #tprm #AItechnology #riskmanagement?

?? Procurement Magazine has selected interos.ai as one the Top 150 Procurement companies of 2024! We are thrilled to be recognized as a global leader in AI-powered supply chain risk intelligence. Our CEO, Theodore Krantz Jr. was featured among other industry pioneers, including: IBM - Arvind Krishna? IntegrityNext - Martin Berr-Sorokin? INVERTO | A BCG Company - Daniel Weise? Ironclad - Jason Boehmig? Ivalua - David Khuat-Duy? ivoflow - Nicolas Neubauer and Daniel Demuth? JAGGAER - Andrew Hovancik, MBA? Kearney - Alex Liu? Kodiak Hub - Malin Schmidt ?? Off the back of $40 million in funding, "Ask Interos" conversational AI launch, new SAP Partnership, we are excited for the ride ahead! Follow along for supply chain and risk management insights, strategies and innovations. #procurement #supplychain #riskmanagement #scrm #leaders

???Deadline extended: Dec 30, 2025. But the clock is ticking on corporate deforestation accountability. The EU has now extended the compliance deadline for the EU Deforestation Regulation (EUDR) by 12 months. Companies must certify that their supply chains are free of companies linked to deforestation or they risk significant fines. The EUDR aims to: ? Prevent deforestation ? ? Reduce GHG emissions ? ? Protect biodiversity It targets 7 key commodities: ?? palm oil ? ?? cocoa? ?? cattle? ?? coffee? ?? wood? ?? soy ? ?? rubber Failure to comply results in some steep penalties: ?? Fines up to 4% of revenue? ?? Criminal charges? ?? Brand damage So what can companies do? 1?? Invest in supply chain transparency and traceability.? 2?? Use geospatial data to track commodities to their source.? 3?? Actively assess risks in high-deforestation regions. ? Preparation is key. Read more about the fast-approaching regulation:?https://bit.ly/3TI44qt #deforestation #supplychain #EUDRcompliance #sustainability #ESG?

?? And that’s a wrap on a successful summit! But don’t take our word for it. Take our attendees: “Most importantly throughout the day was a conversation of how businesses, partners and alliances can work together to protect the nation, protect the companies and to protect operations to: ? build resiliency ? build competitive intelligence and? ? build strength across the operations” - Robert Kirk, Head of Analytics, Global Product at Dun & Bradstreet ?? Supply Chain is Risky Business Summit ??? interos.ai Risk Intelligence Summit 2024 Couldn’t make it in-person? ??? Select on-demand replays are coming shortly… stay tuned! #interosrisksummit2024 #riskybusiness #tprm #riskmanagement??

????Gen. Nakasone on exploding pagers, North Korean troops in Russia and?China cyber operations ? Dina Temple-Raston interviewed Retired General Paul Nakasone, Former Head of the National Security Agency for The Record from Recorded Future News This two-part series was recorded at our Risk Intelligence Summit last month before General Nakasone took the stage to discuss the complex geopolitical risk landscape we face today. In this interview they cover: ? ?? Intelligence-sharing and transparency in Ukraine to counter Russian efforts ?? The axis of authoritarianism in the new world order ?? Strategic importance of US leadership in AI development Listen to the full recap here: https://lnkd.in/eRXERWRY #PaulNakasone #NSA #OpenAI #ArtificialIntelligence #Supplychain #riskmanagement ?

?? ?Speaker announcement! Our own, Andrea L., PhD, SVP, Applied AI is speaking this week at: ? MITRE’s Toward Resilience: ? The Future of America’s Critical Supply Chains?Supply Chain Summit 2024? November 20, 2024 @ 11 am Panel Discussion: What Data is Available About Supply Chains and the Products and Services that Flow Among Them featuring: ??? Robert Martin of MITRE? ??? Andrea L. of interos.ai ??? Sandor Boyson of University of Maryland ??? John C. of U.S. Department of Homeland Security ??? Pieter van Schalkwyk of XMPro This panel will dive into the new landscape of laws and regulations is opening the door to new opportunities for gaining insights into supply chains if we can develop the correct mechanisms to leverage the data. For more on the summit: https://lnkd.in/gfgE4FtA #supplychain #scrm #riskmanagement #supplychaindata?

?? Quiz Time! Since Jan 1 to date, there have been more than 8,400 catastrophic events (flooding, hurricanes, earthquakes, volcanic eruptions, forest fires, etc). #supplychain #scrm #naturaldisaster

Accenture x Interos “Our clients are becoming increasingly dependent on third parties and exposing risk exponentially.” Valerie Abend, Senior Managing Director at Accenture comments on how their clients need Interos to minimize their risk exposure. “When we bring our clients in to work with Accenture and Interos together we can deep dive into the problems that they’re trying to solve to manage their risk a lot more holistically across their entire supply chain” We put our customers first in everything we do. Get in touch: https://bit.ly/3UMt7Jd #supplychain #thirdpartyrisk #tprm #scrm?