Drata

About

Drata is a compliance and security SaaS platform that automates the compliance workflows on a company's security controls.

San Diego,California,United States
251 - 500
https://drata.com

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $200M
Industries: Compliance,SaaS,Security
Founded date: Jul 8, 2020
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: Drata Inc.

Drata is an advanced security and compliance automation platform with the mission to help companies earn and keep the trust of their users, customers, partners, and prospects. Drata helps thousands of companies streamline their security compliance (SOC 2, ISO 27001, HIPAA, PCI DSS, GDPR, CCPA, CMMC, NIST CSF, etc.) through continuous, automated control monitoring and evidence collection, resulting in lower costs and time spent preparing for annual audits.

Drata was founded in 2020 by Adam Markowitz, Daniel Marashlian, and Troy Markowitz and is based in San Diego, California, United States.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$328.24M

Drata has raised a total of $328.24M in funding over 2 rounds. Their latest funding was raised on Dec 7, 2022 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 7, 2022	Series C	$200M	15	GGV Capital ICONIQ Growth	—	Detail
Nov 8, 2021	Series B	$100M	6	ICONIQ Growth	—	Detail
Jun 23, 2021	Series A	$25M	7	GGV Capital	—	Detail
Jan 13, 2021	Seed	$3.24M	5	Cowboy Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

22

Drata is funded by 22 investors. GGV Capital and ICONIQ Growth are the most recent investors.

Investor Name	Lead Investor	Funding Round
GGV Capital	Yes	Series C
ICONIQ Growth	Yes	Series C
SentinelOne	—	Series C
Alkeon Capital	—	Series C
Amit Agarwal	—	Series C
Cowboy Ventures	—	Series C
FOG Ventures	—	Series C
Frank Slootman	—	Series C
Jeff Weiner	—	Series C
Jennifer Tejada	—	Series C