2025: Review of Parakeet's Journey in the World of Industrial Risk 🦜

As we close the final chapter of 2025, we’re taking a moment to reflect on an incredible year of growth, sharper strategic focus, and hard-earned learning—while staying committed to building the future of Third Party Risk Management for industrial teams.

This year, Parakeet Risk increased speed-to-outcome by consolidating fragmented compliance work into a single system of action. This centralized approach enables operational compliance teams to:

• verify contractor requirements,

• manage prequalification,

• due diligence,

• automate back-office follow-ups,

• and monitor credentials in real time.

We doubled down on eliminating third-party compliance complexity through automation and continuous verification so that industrial operators can focus on strategic risk management—not paperwork.

Our progress was driven by the customers, partners, and team members who aligned on a clear strategy—prioritizing focus, execution, and measurable outcomes. ✨

2025 by the Numbers: Measuring What Matters 🎉

In the world of industrial risk, numbers are usually warnings—emissions limits, audit scores, potential fines. But looking back at 2025, our numbers tell a different, much warmer story. They represent an expanding network of safety professionals who choose systematic risk management over ad hoc responses.

👉 Want to stay ahead of risks? Read our Essential Guide to Using a Risk Register.

Here are a few moments worth celebrating:

🌟  Partnership Focus: 300% Growth in Customers

We tripled our customer base this year. For us, this isn't just a sales metric, but a strong indicator of trust. It is a sign that industrial companies are choosing Parakeet to manage third-party risk.

In high-stakes industries, failure carries severe consequences. Now, organizations in manufacturing, construction, energy, oil & gas, or logistics can rely on Parakeet to centralize their contractor and supplier compliance management.​

We help compliance and operations teams:

• Replace scattered spreadsheets and disconnected email threads with one system for third-party verification.​

• Spend less time chasing documents and more time monitoring risk in real time.​

• Turn third-party risk management into a standard operational process, not an afterthought reserved for audit season.

👉 Learn how to reduce supply chain risks before they impact production: The Role of Supply Chain in Manufacturing Processes.

🌟  20 New Platform Upgrades, One Goal: Reducing the Complexity of Industrial Risk

We released 20 major platform enhancements in 2025, each designed to address specific operational bottlenecks in third-party risk management.

We shipped consistently, listening to our customers and building solutions that solve their most pressing challenges.

Behind every release is a real story: hours of brainstorming, customer calls that started with “I wish this could…,” and focused engineering sprints that turned those wishes into working product. Every platform improvement was a direct answer to what our Partners asked for—so they can navigate third-party risk with more clarity, speed, and confidence.

🌟 Teamwork has become our Secret Weapon

We welcomed exceptional new talents this year. Engineers, designers, content & social media specialists brought fresh perspective and energy. This expanded our capabilities across product and go-to-market functions. It also accelerated platform development, allowing us to deliver 20 major features and build deeper ERP integrations that automate risk management workflows.

Strategic Evolution: The Pivot That Defined Us 🎯

This year, we made a decision that looked like we were narrowing our focus, but it actually expanded our impact. We doubled down on Third Party Risk Management and stepped away from broader compliance features. And no, this wasn't a retreat. This was us choosing to become the absolute best at solving the most complex problem instead of being mediocre at many things.

Why It Mattered?

In a world that constantly pushes you to do more, be more, and chase more, we chose to go deeper. Parakeet Risk is the team that truly understands the nuances, the edge cases, the midnight panic when a critical vendor fails an audit. And our customers felt the difference. They trusted us with their toughest challenges because we proved we are becoming their partners in navigating the compliance jungle.

Risk Management Is Still Finding Its Way 🌱

Here's the humbling truth: we're all still learning. And instead of pretending we have all the answers, we chose to embrace the learning journey with our customers. This humility became our strength. It made us partners instead of vendors.

Let's fly into 2026 with Parakeet Risk 🦜

As we close out 2025, we’re energized by the foundation we’ve built and the impact we’re having on our customers’ ability to manage third-party risk effectively. Here’s to an even stronger 2026!

Thank You 💚:

• To our customers: for trusting us with your toughest challenges. Your feedback makes us better every single day.

• To our team: for bringing your whole selves to work. Your talent, passion, and humanity are what make Parakeet special.

• To our partners and supporters: for believing in our vision.

Parakeet Risk proves handling third-party risk doesn't have to be overwhelming. Schedule a demo and experience it firsthand!