Drata
Continuous security and compliance automation platform competing head-to-head with Vanta
Enterprise
📍 San Diego, CA
Founded 2020
Current Valuation
$2.0B
as of 2022-Q4
UNICORN
Drata is the #2 player in compliance-as-a-service after Vanta, with strong traction among mid-market and enterprise customers. Founded by Adam Markowitz (ex-Portfolium CEO) who built it after experiencing the pain of SOC 2 audits firsthand. Differentiates with deeper continuous monitoring and customizable framework support.
Company Profile
Last Round
Series C — $100M (Sep 2023) · Lead: ICONIQ Growth
IPO Status
no imminent plans
Founders & Key People
Adam MarkowitzDaniel MarashlianTroy Markowitz
Investors
ICONIQ Growth · GGV Capital · Cowboy Ventures · Salesforce Ventures · Y Combinator · S Capital
Products
- SOC 2 / ISO 27001 / HIPAA automation
- Drata Trust Center
- Risk Management
- Vendor Risk
Competitors
Vanta · Secureframe · Hyperproof
ComplianceSecurityGRC
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q4. Refreshed quarterly.