The data has been collected from open sources and may differ from the actual situation; we are in the process of updating the information.

Drata

San Diego, California, United States

Valuation $4B

About Drata

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

Headquarters San Diego, California, United States
Founded 2020-07-08
Industry Compliance, SaaS, Security
Last Funding Type Series C
Valuation 4
Total Funding $328.24 million dollars
IPO Status Private

Key People at Drata

Lukas Biewald CEO & Co-Founder

Financial

Drata is focused on enhancing its compliance and security platform through the development of an automated trust center. This system is designed for real-time monitoring, maintaining a collection of control statuses for reporting purposes. It retrieves control status responses from various service providers, ensuring that an organization’s trust center report is up-to-date and accurate. This innovation underscores Drata’s commitment to automating compliance workflows and bolstering security controls.

Drata, a compliance automation platform, has acquired oak9, a cloud-native security platform, and introduced new compliance-as-code capabilities. Additionally, Drata has unveiled an AI questionnaire automation feature and announced the winners of its Customer Excellence Awards at Drataverse 2024. Coverdash, a small business insurance startup, will integrate with Drata to offer cyber insurance.

Funding Rounds 4
Number of Lead Investors 3
Total Funding Amount  $328.24 million dollars
Number of Investors 24

Related Angels

Olivier Pomel
View profile
Jeffrey Weiner
View profile