CISO Tribune

Vendor comparison · 2 companies

Panorays vs Thoropass

Panorays sells a platform that detects hidden 3rd to Nth parties, maps their relationships and monitors them for cyber threats. Thoropass is a licensed auditor that delivers audits, supported by purpose built software. CISO Tribune files both under Third-party risk and security ratings. This page sets the two records side by side: what each sells, where it is based, who owns and funds it, the customers it names and its recent news, each fact numbered to its source.

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  • Panorays
  • Thoropass
Panorays vs Thoropass: Products, Customers and Funding Compared
PanoraysPanorays sells a platform that detects hidden 3rd to Nth parties, maps their relationships and monitors them for cyber threats.panorays.comThoropassThoropass is a licensed auditor that delivers audits, supported by purpose built software.thoropass.com
What it sells
  • Cybersecurity Posture[3][6]Assesses the cybersecurity posture of each third party.
  • Remediation[3][6][7]Prioritized action plans for each vendor.
  • Supplier AI Risk Detection[8]Identifies which third parties are using AI.
  • Audit Lifecycle Platform[4][6][11][17][18]A centralized system that manages the audit process from readiness through final reporting.
  • First Pass[11]AI-powered evidence review that runs before evidence reaches the auditor.
  • Smart Sort[11][12][17]Analyzes incoming evidence and maps it to the appropriate audit requirement.
  • Thoropass MCP ServerLets customers use the Audit Lifecycle Platform from AI tools such as Claude or ChatGPT.
  • Thoropass Risk Register[5][16]Reviews and mitigates risk in the same platform used for readiness and audit.
  • Thoropass Trust Center[14]A public-facing portal that shows a customer's compliance posture.
Categories
Headquarters
Not stated on its pagesNew York, United States[3]
Founded
2016[2]2019[2][3]
Ownership and funding
Not stated on its pagesNot stated on its pages
Named customers
Not stated on its pagesNot stated on its pages
Recent news
Not stated on its pages
  • July 9, 2026Thoropass launched an MCP server that lets customers connect their organizations' AI agents with its Audit Lifecycle Platform.[18]
  • January 29, 2026Thoropass launched Smart Sort AI, a feature in its Audit Lifecycle Platform that turns exports from any GRC tool into audit-ready evidence.[17]
G2 and Gartner Peer Insights
  • G2: listed, seen November 10, 2026[4]
  • Gartner Peer Insights: Not stated on its pages
  • G2: listed, seen November 4, 2026[10]
  • Gartner Peer Insights: Not stated on its pages
Who it fits
From its own pages, Panorays sells mainly to organizations that need to assess and monitor the cyber risk of their suppliers and other third parties. Panorays states that it provides third-party security information to suppliers, stakeholders, business owners and different team members. Its pages also describe presenting a supplier portfolio's security status to a board, and vetting partners under frameworks such as OCC and EBA. Panorays experts also work with customers to create or upgrade a third-party security management program for their use case and risk tolerance.From its own pages, Thoropass sells mainly to organizations pursuing audits and certifications such as SOC 2, ISO 27001, PCI DSS and HIPAA. Thoropass says it serves organizations getting started on a first framework and those looking to maintain a compliance program. Companies with multiple products or environments can organize evidence and controls in the platform. Its pages address healthcare organizations that need HIPAA compliance. Organizations with unique industry or internal frameworks can manage them directly in Thoropass.
Last verified
November 2, 2026November 2, 2026

Where they overlap

  • Panorays and Thoropass are both filed under Third-party risk and security ratings.

Where they differ, field by field

  • Panorays's primary category is Third-party risk and security ratings; Thoropass's is Compliance automation.
  • Panorays lists Cybersecurity Posture, Remediation and Supplier AI Risk Detection. Thoropass lists Audit Lifecycle Platform, First Pass, Smart Sort, Thoropass MCP Server, Thoropass Risk Register and 1 more.
  • Thoropass is headquartered in New York, United States.
  • Panorays was founded in 2016. Thoropass was founded in 2019.

What it sells: Panorays

What Cybersecurity Posture does[3][6]
Panorays assesses the cybersecurity posture of each third party by taking into account business criticality, external and internal assessments, and the customer's risk appetite. Panorays tests the security posture of hundreds of assets across third parties' external attack surfaces.
What Remediation does[3][6][7]
Panorays tailors prioritized action plans for each vendor, focusing on the risks that could impact the customer most. Panorays generates remediation tasks automatically from questionnaire responses and external assessments.
What Supplier AI Risk Detection does[8]
Supplier AI Risk Detection is a Panorays module that identifies which third parties are using AI through external intelligence, certifications and discovery methods. Panorays offers three specialized AI questionnaire templates, designed to assess AI risk at increasing levels of depth.

What it sells: Thoropass

What Audit Lifecycle Platform does[4][6][11][17][18]
The Thoropass Audit Lifecycle Platform combines AI-powered workflow automation, evidence collection, control management and auditor collaboration in one place. The platform is designed to replace fragmented tools like spreadsheets and email chains.
What First Pass does[11]
First Pass checks evidence for common issues such as missing information, inconsistencies and timing problems before it reaches the auditor. It is meant to help teams reduce rework and improve audit readiness.
What Smart Sort does[11][12][17]
Smart Sort analyzes incoming evidence from external systems and maps it to the appropriate audit requirement. It is currently available for customers pursuing SOC 2 Type I or Type II audit cycles.
What Thoropass Risk Register does[5][16]
With the Thoropass Risk Register, customers review and mitigate risk in the same platform they use for compliance readiness and the audit process. The risk dashboard can be set up in a flexible 4×4 or 5×5 risk configuration. Risks are linked back to relevant controls.
What Thoropass Trust Center does[14]
The Thoropass Trust Center is available to all customers as a public-facing portal that shows a customer's compliance posture. Customers control visibility with NDA gating and access requests.

Questions about Panorays and Thoropass

What do Panorays and Thoropass sell?
Panorays sells Cybersecurity Posture, Remediation and Supplier AI Risk Detection. Thoropass sells Audit Lifecycle Platform, First Pass, Smart Sort, Thoropass MCP Server, Thoropass Risk Register and 1 more.
Are Panorays and Thoropass in the same category?
They share Third-party risk and security ratings. Panorays's primary category is Third-party risk and security ratings and Thoropass's is Compliance automation.
Where are Panorays and Thoropass headquartered?
Thoropass is headquartered in New York, United States.
When were Panorays and Thoropass founded?
Panorays was founded in 2016. Thoropass was founded in 2019.
Who are Panorays and Thoropass sold to?
From its own pages, Panorays sells mainly to organizations that need to assess and monitor the cyber risk of their suppliers and other third parties. From its own pages, Thoropass sells mainly to organizations pursuing audits and certifications such as SOC 2, ISO 27001, PCI DSS and HIPAA.
What have Panorays and Thoropass announced recently?
July 9, 2026: Thoropass launched an MCP server that lets customers connect their organizations' AI agents with its Audit Lifecycle Platform.

About Panorays

Panorays sells a platform that detects hidden 3rd to Nth parties, maps their relationships and monitors them for cyber threats. Panorays centralizes a customer's digital supply chain to give nth-level visibility into third-party risk. Panorays assesses vendors using cyber posture ratings, business impact indicators and internal questionnaires. Panorays AI uncovers hidden third-, fourth- and nth-party relationships.[1][3][5][7]

Panorays evaluates risk across four key areas, which include AI-powered questionnaires to capture vendor controls and compliance and external attack surface assessments to detect security gaps. The remaining areas are inherent risk based on each vendor's business and technology profile and the customer's own risk policies. Panorays assesses the cybersecurity posture of each third party by taking into account business criticality, external and internal assessments, and the customer's risk appetite. Panorays tests the security posture of hundreds of assets across third parties' external attack surfaces, highlighting gaps and suggesting remediation steps. Panorays lets customers customize third-party risk assessments with factors such as questionnaire weighting, the impact of critical tests and an adjustable risk rating matrix. Each cyber posture assessment in Panorays is cross-referenced with questionnaire responses and certifications to validate the findings and emphasize any gaps. Panorays assigns a real-time rating to every third-party connection. Panorays AI maps and ranks all 3rd to Nth-party connections based on a customer's evolving Risk DNA.[3][6][7][12]

Panorays monitors the external attack surface and detects vulnerabilities across a customer's digital ecosystem. Panorays continuously monitors third parties' assets and notifies customers of security gaps found in the network, application and human layer. Hundreds of assets are tested for risks such as Dark Web mentions and compromised credentials. Panorays tailors prioritized action plans for each vendor, focusing on the risks that could impact the customer most. Panorays generates remediation tasks automatically from questionnaire responses and external assessments, and customers assign priorities and deadlines. Panorays lets customers collaborate directly with third parties in-platform to mitigate risks and maintain compliance.[1][3][7]

Panorays offers automated Nth-Party Discovery to find hidden risks beyond a customer's known suppliers. Supplier AI Risk Detection is a Panorays module that identifies which third parties are using AI through external intelligence, certifications and discovery methods. Panorays labels third parties that use AI at the individual level and provides a dedicated report with a consolidated view. Panorays offers three specialized AI questionnaire templates, designed to assess AI risk at increasing levels of depth. The more advanced Panorays AI templates require direct input from third parties and are aligned with ISO 42001, NIST AI RMF and the EU AI Act. The basic Panorays AI template can be answered using public information with the help of the AI Answer Advisor.[3][5]

Smart Match combines Panorays' self-hosted AI with Gemini-powered intelligence to deliver fully referenced questionnaire answers. Smart Match references previously answered questions as an internal source and enriches responses with publicly available data. Smart Match uses Gemini to extract verified information from certifications and attestations like SOC 2, DORA and NIS2, or from any uploaded document. Smart Match can automatically fill internal questionnaires. Panorays lets customers invite suppliers to the platform free of charge so that suppliers see the status of their security evaluations. Suppliers respond to the Smart Questionnaire directly on the Panorays platform. Panorays allows customers to message a supplier within the platform. All interaction with suppliers is automatically stored on Panorays for later clarification or auditing.[5][10]

Panorays lets customers segment suppliers into groups based on business needs and control permissions inside the organization. Based on customer input, Panorays automatically determines the criticality of suppliers to the business and rates them accordingly. Panorays shows when suppliers receive and respond to questionnaires. Panorays grades responses and surfaces missing policies. The Smart Questionnaire includes a dedicated scale for a third party's GDPR readiness. Panorays continuously monitors third parties and reports issues affecting compliance with GDPR, NYDFS, NIST, ISO 27001 and PCI DSS. Panorays lets customers present a full portfolio's security status to a board, including ratings, questionnaire status, geolocation and business impact. Panorays supplier comparison reports compare similar vendors side by side and support selecting vendors for RFPs.[3][11][12][13]

Panorays connects with tools customers already use. Panorays integrates its risk assessments with Archer's systems. Panorays gives customers direct access to their Panorays risk assessments within Salesforce. Panorays incorporates third-party cyber posture and threat intelligence into Splunk. Panorays integrates cyber posture and threat intelligence into Snowflake's AI Data Cloud. Panorays experts work with customers to determine which standards and regulations are relevant for their third parties, and the platform checks that the third parties adhere to them. Panorays operates its TPCRM platform under a formal AI governance framework certified to ISO/IEC 42001.[3][7][12][13][14][15]

Panorays on the record

Sources

Panorays full record

  1. [1]panorays.comPanorays · panorays.com · published June 22, 2026 · Tier A
  2. [2]Forrester names panorays a leader 2024Panorays · panorays.com · published May 27, 2024 · Tier A
  3. [3]Third-Party Cyber Risk & Attack Surface Mgmt | PanoraysPanorays · undated page, accessed October 27, 2026 · Tier A
  4. [4]Panorays Reviews 2026: Details, Pricing, & Features - G2G2 · undated page, accessed October 27, 2026 · Tier C
  5. [5]Supply Chain Risk Management | PanoraysPanorays · undated page, accessed November 10, 2026 · Tier A
  6. [6]Cybersecurity Posture | PanoraysPanorays · undated page, accessed November 10, 2026 · Tier A
  7. [7]Continuous Cyber Security Monitoring | PanoraysPanorays · undated page, accessed November 10, 2026 · Tier A
  8. [8]Third-Party AI Risk Assessment | PanoraysPanorays · undated page, accessed November 10, 2026 · Tier A
  9. [9]Smart Match: AI-Powered Questionnaire Automation | PanoraysPanorays · undated page, accessed November 10, 2026 · Tier A
  10. [10]Communication | PanoraysPanorays · undated page, accessed November 10, 2026 · Tier A
  11. [11]Vendor Portfolio Management | PanoraysPanorays · undated page, accessed November 10, 2026 · Tier A
  12. [12]Regulatory Compliance Monitoring | PanoraysPanorays · undated page, accessed November 10, 2026 · Tier A
  13. [13]Reporting & Dashboards | PanoraysPanorays · undated page, accessed November 10, 2026 · Tier A
  14. [14]Integrations | PanoraysPanorays · undated page, accessed November 10, 2026 · Tier A
  15. [15]Professional Services | PanoraysPanorays · undated page, accessed November 10, 2026 · Tier A

Thoropass full record

  1. [1]Readiness and audit in one compliance automation platform - ThoropassThoropass · undated page, accessed September 27, 2026 · Tier A
  2. [2]Thoropass ceo sam li honored by goldman sachs for entrepreneurship excellenceThoropass · thoropass.com · published October 17, 2024 · Tier A
  3. [3]6001423004Thoropass · job-boards.greenhouse.io · undated page, accessed September 27, 2026 · Tier A
  4. [4]AI-powered, expert-led | ThoropassThoropass · undated page, accessed October 29, 2026 · Tier A
  5. [5]The only all-in-one solution for infosec compliance and audits - ThoropassThoropass · undated page, accessed October 29, 2026 · Tier A
  6. [6]Audit Lifecycle Platform | ThoropassThoropass · undated page, accessed October 29, 2026 · Tier A
  7. [7]Augment your experience with service partners - ThoropassThoropass · undated page, accessed October 29, 2026 · Tier A
  8. [8]Save time and money with AWS and Thoropass - ThoropassThoropass · undated page, accessed October 29, 2026 · Tier A
  9. [9]Integrations that streamline your compliance journey - ThoropassThoropass · undated page, accessed October 29, 2026 · Tier A
  10. [10]Thoropass Reviews 2026: Details, Pricing, & FeaturesG2 · undated page, accessed October 29, 2026 · Tier C
  11. [11]AI-Native IT Audits | Thoropass Audit Lifecycle PlatformThoropass · undated page, accessed November 4, 2026 · Tier A
  12. [12]Smart Sort AI: Automated Evidence Mapping | ThoropassThoropass · undated page, accessed November 4, 2026 · Tier A
  13. [13]Thoropass leading the charge on AI-powered technology - ThoropassThoropass · undated page, accessed November 4, 2026 · Tier A
  14. [14]Product Updates - ThoropassThoropass · undated page, accessed November 4, 2026 · Tier A
  15. [15]Thoropass vs. Traditional Audit Firms: A Smarter Way to Compliance | ThoropassThoropass · undated page, accessed November 4, 2026 · Tier A
  16. [16]Efficiently track, analyze, and mitigate risk in one, central platform - ThoropassThoropass · undated page, accessed November 4, 2026 · Tier A
  17. [17]Thoropass Launches Smart Sort AI to Turn Any GRC Export Into Audit-Ready EvidenceThoropass · published January 29, 2026 · Tier A
  18. [18]Thoropass Launches MCP Server to Further Streamline AI-native Audit CapabilitiesThoropass · published July 9, 2026 · Tier A

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