Supply chain security start-up Lema AI bags $24m

February 10, 2026

Lema AI, an agentic AI security platform focused on enterprise supply chain risk, has emerged from stealth with $24m.

The company has raised the investment in a Series A funding round led by Team8, with participation from Salesforce Ventures. The business was previously backed at seed stage by F2 Venture Capital, which led the earlier round.

Lema AI positions itself at the intersection of cybersecurity and third-party risk management, addressing what it describes as the limitations of traditional compliance-driven approaches. As enterprises increasingly rely on thousands of external vendors, from SaaS providers to payment platforms, these third parties often retain privileged access to internal systems and sensitive data. Industry research cited by the company suggests that many organisations now manage more than 1,000 vendors, significantly expanding their attack surface and exposing weaknesses in static, point-in-time compliance checks.

Rather than automating questionnaires and manual assessments, Lema AI applies an agentic AI model trained to operate like a vulnerability researcher. Its platform continuously analyses vendor behaviour, tracks access to critical assets, monitors data flows, and evaluates changes in permissions over time. By mapping realistic attack paths that could be introduced by third parties, the system aims to identify which vendors pose the greatest operational risk and why, allowing security teams to prioritise mitigation. According to the company, new vendors can be assessed in under five minutes.

The newly raised capital will be used to accelerate research and development of Lema AI’s autonomous vendor risk analysis engine, while also supporting the expansion of its go-to-market capabilities. The company is targeting demand from highly regulated and digitally driven enterprises seeking more dynamic approaches to third-party risk.

Lema AI CEO Eddie Dovzhik said, “We founded Lema AI because third-party risk needs to be treated like a security problem, not a compliance checklist. The industry is relying on manual assessments that miss the real-time business context and impact third parties have on the organization. Our platform was built by elite security researchers to think like an elite security researcher – monitoring the actual ‘blast radius’ of a vendor to uncover the risks that can actually take a business down.”

Founded in 2023 by Eddie Dovzhik, Omer Yehudai, and Tomer Roizman, Lema AI has already secured customers across sectors including financial services and healthcare, as well as multiple Fortune 500 companies. The business was previously backed by F2 Venture Capital at seed stage prior to this Series A round.