Welsh Carson Anderson & Stowe, a technology-focused private equity firm, is exploring a sale of Avetta LLC in a deal that could value the supply chain risk compliance platform at about $3 billion including debt, according to Bloomberg News.

Founded in 2003, Avetta operates a cloud-based supply chain risk management and commercial marketplace platform for suppliers and contractors. The company last month launched an OpenAI-powered “risk assistant” that it said will accelerate contractor compliance and safety.