Prewave
Austrian AI supply chain risk platform, a 2026 Gartner Magic Quadrant Leader for Supplier Risk Management
Quick Overview
| Company | Prewave |
|---|---|
| Category | Vendor & Third-Party Risk Management |
| Headquarters | Vienna, Austria |
| Founded | 2017 (Harald Nitschinger and Lisa Smith) |
| EU Presence | EU (Austria) |
| Open Source | No; closed-source SaaS |
| Compliance | Not stated by the vendor on the pages reviewed |
| Pricing | Not published; demo and sales-led quote |
| Free Option | Not stated by the vendor |
| Replaces | Interos, Riskrecon, Sayari |
Detailed Review
Prewave is a Vienna-based AI supply chain intelligence platform, founded in 2017 by Harald Nitschinger and Lisa Smith, and it covers more ground than most tools in this category: a Resilience track for operational disruption monitoring and predictive risk, a Sustainability track for ESG compliance and regulatory reporting, and a Transparency track for deep, multi-tier supplier mapping beyond an organisation's direct, tier-one suppliers.
All three sit on a shared platform that Prewave says processes roughly 4.5 million data points a day across more than 200 tracked risk types.
The company was named a Leader in the 2026 Gartner Magic Quadrant for Supplier Risk Management Solutions and an Innovator in the Verdantix Green Quadrant for Supply Chain Sustainability Software — a pairing of independent recognitions from both a general analyst firm and a sustainability-specific one.
Pricing is not published on the company's site; a buyer goes through a demo and a sales conversation to get a number, which is the norm across this entire category rather than a Prewave-specific gap.
The trade-off is limited public disclosure: the pages we reviewed do not state specific security certifications (SOC 2, ISO 27001) or where customer data is hosted, so a compliance team will need to ask directly during due diligence rather than find the answer published. For a DORA- or NIS2-in-scope organisation that wants resilience, ESG and sub-tier supplier visibility from one vendor instead of three, Prewave is the broadest single answer among the EU-native options reviewed on this site.
What Prewave does well
- Covers operational resilience, ESG/sustainability compliance and multi-tier supplier mapping in one platform rather than three separate tools
- Named a Leader in the 2026 Gartner Magic Quadrant for Supplier Risk Management Solutions
- Processes a large daily volume of monitoring data (roughly 4.5 million data points/day) across 200+ tracked risk types
- Vienna-headquartered and EU-incorporated, relevant for buyers preferring an EU jurisdiction for supplier risk data
Where Prewave falls short
- No published pricing; every buyer needs a sales conversation before seeing a number
- Specific security certifications and data-hosting location are not stated on the vendor's public pages
- No free trial or freemium tier disclosed, unusual even for enterprise GRC software
Standout feature. The combination of Resilience, Sustainability and Transparency tracks on one shared platform, which is a broader single-vendor scope than most competitors in this category offer.
Pros and Cons
Pros
- Covers operational resilience, ESG/sustainability compliance and multi-tier supplier mapping in one platform rather than three separate tools
- Named a Leader in the 2026 Gartner Magic Quadrant for Supplier Risk Management Solutions
- Processes a large daily volume of monitoring data (roughly 4.5 million data points/day) across 200+ tracked risk types
- Vienna-headquartered and EU-incorporated, relevant for buyers preferring an EU jurisdiction for supplier risk data
Cons
- No published pricing; every buyer needs a sales conversation before seeing a number
- Specific security certifications and data-hosting location are not stated on the vendor's public pages
- No free trial or freemium tier disclosed, unusual even for enterprise GRC software
Alternatives to Prewave
Frequently Asked Questions
What is Prewave?
Prewave is an Austrian AI-powered supply chain risk intelligence platform, covering operational resilience, ESG/sustainability compliance and deep multi-tier supplier mapping.
Where is Prewave based?
Prewave is headquartered in Vienna, Austria, which places it under EU (Austria) law. It was founded in 2017 by Harald Nitschinger and Lisa Smith.
What does Prewave cost?
Prewave does not publish pricing on its website. It is sold through a demo and a sales conversation, which is standard for this category.
Who is Prewave best for?
Organisations that need supply chain resilience, ESG compliance and deep-tier supplier mapping in one platform rather than three separate tools, especially under DORA or NIS2 third-party risk obligations.
Is Prewave a good alternative to Interos or Riskrecon?
Prewave is built as a European alternative to US-based supply chain and third-party risk platforms like Interos and Riskrecon. It will not be a like-for-like feature match in every respect, so check the review above for where it genuinely differs before switching.
How does Prewave compare to other Vendor & Third-Party Risk Management tools?
Prewave is one of several European vendor and third-party risk management tools covered on this site. See the full Vendor & Third-Party Risk Management category page for how it ranks against its closest European competitors.