Interos

Interos is the developer of a logistics assurance platform designed for supply-chain risk management. The company provides a cloud-based ecosystem monitoring and assurance platform that can help customers improve supply chain transparency and risk management through a combination of data analytics that discovers, analyzes, and visualizes the connections, indicators of risk, and insights across customer ecosystems.

Interos was founded in 20015 by Jennifer Bisceglie, In July 2021, the company became a female-led unicorn company after a $100 million series C funding round. Female founder-CEOs only account for 4 percent of "unicorn" startups.

The Interos platform uses artificial intelligence and machine learning to monitor and analyze an array of supply chain issues in real times and across multiple risk categories, including financial, operational, governance, geographic, and cybersecurity. The company's platform contains more than 30 million unique entities sourced from public, academic, government, and commercial data sets.

The platform is capable of mapping a company's supply chain to uncover hidden suppliers to help a company find weak links in their supply chain. It is capable of monitoring the supply chain to identify vulnerabilities and notify users before a disruption occurs. And the platform is capable of modelling anticipated and actual changes in a supply chain in order to help users understand what changes to a supply chain can offer, or introduce, in terms of risk and business performance.

Part of Interos's platform is its proprietary knowledge graph, the Interos Knowledge Graph (IKG), which is a business relationship graph repository. Using machine learning and natural language processing, the IKG analyses big data to discover suppliers and supplier networks across the globe, and to map out the business relationships across entire ecosystems, and continuously assess vendors against multiple risk types. These include cyber, operational, financial, geographic, and governance related risk.

Through Interos's platform, the company suggests a few solutions its platform and technology is able to address, including physical, financial, and cybersecurity vulnerabilities before they effect a company's operations. Further, the platform can provide a user with a global view of business relationships in any scenario. This is to help organizations achieve supply chain resilience.

Interos's platform can help organizations understand hidden relationships in a supply chain and the cyber vulnerabilities they expose the organization to. This has become increasingly a point of concern as cyber breaches have been shown to be able to move quickly across the globe. And for businesses to secure and increase their supply chain's resilience, they can increase their visibility into their supplier networks.

The platform is further capable of securing digital supply chains, assess vendors on a spectrum of risk categories, reduce supplier dependency through discovering over-reliance on a single supplier or resource, and to help organizations mitigate concentration risk by visualizing sub-tier suppliers geographically and identify clusters of geographic risk.

In terms of policy and regulatory compliance risk, Interos's platform offers continuous compliance and vendor assessments. This is done through the assessment of businesses across an organizations supply chain as well as performing due diligence on those other organizations for procurement, compliance, and risk.

The platform is capable of ensuring ethical sourcing, allowing users discover whether supplier and their suppliers follow ethical labor practices, help organizations stay ahead of regulatory changes that could impact production, improve data integrity by identifying data breaches and violations of data protection laws, keep clear of sanctions and suppliers operating in sanctioned or restricted countries, and identify and eliminate prohibited companies.

In terms of procurement, Interos offers the company's platform as a solution to help procurement and supply chain professionals to perform supplier due diligence quickly enough to make agile sourcing decisions. This can be done through the platform's capability of surfacing a third party suppliers risks and associated risks in that third party's supply chain.

The platform is capable of offering due diligence, identifying alternative vendors with due diligence on those alternative vendors at the same time, helping an organization ensure they are sourcing only from ethical suppliers, and through this, Interos suggests the platform is capable of preserving brand recognition and ensuring an organization is using ethical suppliers. The platform is also capable of giving an organization a broad view or risk across different risk factors.

Interos offers its platform for aerospace and defense companies, to help those companies mitigate supply chain risk before they become supply chain problems. The company suggests its platform is capable of dealing with the more frequent and disruptive cyber, geopolitical, and environmental risks in the aerospace and defense industry.

This is as companies in the aerospace and defense industry see supply chain visibility as more important, as around 81 percent of aerospace and defense organization suffering reputational damage as result of a supply chain event. The platform offers these organizations the capability of getting ahead of cyber, financial, geopolitical, and related threats through the insights from the platforms artificial intelligence and machine learning tools. As well, it is capable of coordinating risk responses for improved business efficiency and customer experiences.

Interos's platform is used by civilian organizations, DoD agencies, defense contractors, and several top airlines.