Continuous security and compliance automation platform competing head-to-head with Vanta
Enterprise📍 San Diego, CAFounded 2020
Current Valuation
$2.0B
as of 2022-Q4
UNICORN
IPO Outlookprivate
Is Drata going public?
No. Drata has no imminent IPO plans on record. It is still private.
What is Drata's valuation in 2026?
Drata is valued at $2.0B as of 2022-Q4, set by its Series C ($100M, Sep 2023). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Drata filed an S-1?
No public S-1 is on file for Drata.
Who are Drata's investors?
Drata's investors include ICONIQ Growth, GGV Capital, Cowboy Ventures, Salesforce Ventures, Y Combinator, S Capital.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
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
CEO
Adam Markowitz
Founded
2020
HQ
San Diego, CA
Employees
~500
Total Raised
$328M
Last Round
Series C — $100M (Sep 2023) · Lead: ICONIQ Growth
IPO Status
no imminent plans
Fundraising Status
Series C · $100M · 2y 11mo ago
no imminent plansTotal raised $328M
Secondary Market
Implied price / share
$17
Last round price / share
$18.64
vs last round
-8.8%
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series C
$100M
Sep 2023
ICONIQ Growth
—
Talent Signal
Hiring trend
● First snapshot
trend accrues with monthly sweeps
Open roles
55
via ashby
Product-build share
47%
engineering, research, product, design
Trajectory
strengthening
product-led hiring — 47% of open roles build product; the rest are go-to-market and G&A.
Recent senior hire: 1 senior hire (CFO).
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Key Executive Moves
INAneal VallurupalliCFO · 2026-08-05
From trusted-source news extraction (deep-enrich pipeline); dates approximate publication, not effective date.
Senior Software Engineer 2Staff AI EngineerSenior AI EngineerPrincipal Product Manager, Agentic AI PlatformManager, AI Engineering - AnalyticsSenior IT Engineer
Counted from Drata's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
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.