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ReportThe 2026 State of TPRMDownload

Why Coverbase exists.

We build AI for continuous third-party risk management, from the first purchase request through contracts, inspections, and renewal. Here's why that work matters to us.
Oversized Coverbase mark in blue, teal, and green
01 · Our story

Vendors change after you sign.

A supplier's SOC 2 can expire between reviews. A new subprocessor can enter the picture after the contract is signed. We built Coverbase so your team can keep up with those changes instead of rediscovering them at the next annual assessment.

We built a system that connects intake, due diligence, contracts, inspection, and monitoring around your own controls. You decide what to do. We keep the evidence and the next step close at hand.

Our mission

Know your third parties today, not only when you approved them.

We connect evidence to the people responsible for supplier decisions. When a contract obligation changes or a monitoring signal arrives, your team can see what happened against the controls it uses.

See how we manage third-party risk
02 · Our approach

The relationship doesn't end at approval.

We connect the work between a purchase request and a renewal. A new finding should change what happens next, not wait in a separate spreadsheet.

Cropped Coverbase mark layered with connected workflow signals

A finding travels with the supplier.

We carry findings from assessment into monitoring and contracts, so your next reviewer can see the history behind a decision.

Evidence reaches the reviewer ready to use.

Our agents gather documents and compare them with your controls. Your team handles exceptions and decides what gets approved.

Your requirements set the bar.

We read a vendor's SOC 2 and contract terms against the controls your team uses, with the underlying evidence ready to inspect.

Start with the systems you have.

We work alongside existing procurement and GRC tools, or stand alone when you're ready to start without an integration.

How we keep people in control
03 · Our team

The people behind Coverbase.

We build for the people who make supplier decisions and carry responsibility for them long after the contract is signed.

Coverbase team collaborating at a table with laptopsCoverbase team members gathering outdoorsCoverbase team reviewing work outdoors around a laptop

Our team has built products at Google, Stripe, Waymo, and Unit21. Here, we put that experience to work on supplier intake, security reviews, and ongoing oversight.

See open roles
04 · Founders

Meet the founders.

Clarence Chio, CEO, and Zi Chong Kao, CTO, co-founded Coverbase. They lead the team building software for continuous third-party risk management.

Clarence Chio
Clarence Chio
Co-founder and CEO
Our founders’ security commitment
Zi Chong Kao
Zi Chong Kao
Co-founder and CTO
Our founders’ security commitment
05 · Today

Where we are today.

Our customers include 42 organizations, among them Nationwide, Coinbase, and CVS Health. In February 2026, we announced a strategic collaboration with Crowe LLP to bring our assessment and monitoring tools into its third-party risk engagements.

See our work with Crowe
06 · Investors

Our investors.

Valley Ventures, Fika Ventures, Lock Step, Canapi Ventures, Pear VC, and TTV Capital back our work.

Valley Ventures
Fika Ventures
Lock Step
Canapi Ventures
Pear VC
TTV Capital

See what Coverbase can take on.

Bring a supplier. Bring a question. We'll start there.