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Formalize vs Veza comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Formalize
Ranking in GRC
58th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
Veza
Ranking in GRC
26th
Average Rating
8.0
Reviews Sentiment
6.7
Number of Reviews
1
Ranking in other categories
Identity Management (IM) (19th), Authorization Software (6th), Privileged Access Management (PAM) (25th), SaaS Security Posture Management (SSPM) (11th), Cloud Infrastructure Entitlement Management (CIEM) (6th), Identity Threat Detection and Response (ITDR) (13th), Non-Human Identity Management (NHIM) (7th), Identity Security and Posture Management (ISPM) (2nd)
 

Mindshare comparison

As of February 2026, in the GRC category, the mindshare of Formalize is 0.6%, up from 0.2% compared to the previous year. The mindshare of Veza is 0.8%, up from 0.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
GRC Market Share Distribution
ProductMarket Share (%)
Veza0.8%
Formalize0.6%
Other98.6%
GRC
 

Featured Reviews

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Brooke Lynne Bowman - PeerSpot reviewer
Senior Compliance Manager at a healthcare company with 201-500 employees
Streamlined compliance process with custom control framework and AI-driven security questionnaire management
Vanta has made the security questionnaire process much easier, thanks to AI. It automatically extracts answers and populates them within the SIG. The custom control framework allows me to incorporate our HITRUST controls and additional ISO twenty-seven thousand and one and financial controls. Moreover, it includes a knowledge bank for questionnaires and RFPs, making information updates more streamlined.
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Top Industries

By visitors reading reviews
No data available
Financial Services Firm
18%
Computer Software Company
10%
Manufacturing Company
8%
Healthcare Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Questions from the Community

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What is your experience regarding pricing and costs for Veza?
The overall price point of Vanta is commendable, especially considering the custom control framework that allows me to evade the high costs associated with HITRUST licensing.
What needs improvement with Veza?
The support experience could be better. We often need to escalate our issues to the account executive to receive a response, especially when support is needed for integrations.
What is your primary use case for Veza?
We are currently in the implementation stages of Vanta. It's been challenging to build out as it is not as intuitive as OneTrust, especially in terms of scoping and needs.
 

Comparisons

 

Overview

Find out what your peers are saying about RSA, OneTrust, Diligent and others in GRC. Updated: January 2026.
881,707 professionals have used our research since 2012.