# Drata: Compliance, San Diego, United States

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

Source: https://millionrounds.com/startup/drata (Millionrounds; every figure on the page links to its filing or article)

United States · [Compliance startup](https://millionrounds.com/companies)

# Drata

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

Funding reported Last round: Series C

Compliance San Diego, United States

Company summary

- **Founded:** 2020 6 years old
- **Team:** 501 201 to 1,000 people
- **Funding reported:** $328M in dollars
- **Last round:** Series C Dec 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Drata has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Drata raised

Funding, as reported

Reported in all **$328M** in dollars

Rounds **4**

Last round **Series C**

Last round date **Dec 2022**

Investors listed **24**

Valuation **$2.0B, Mar 2026**

SEC Form D **$530M sold, 5 filings, last Mar 2025**

## On 10 portfolio pages

Investors who name them

- [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital)
- [Modern Technical Fund](https://millionrounds.com/fund/modern-technical-fund)
- [AAF Management Ltd.](https://millionrounds.com/fund/aaf-management-ltd)
- [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3)
- [Conduit](https://millionrounds.com/fund/conduit)
- [Ripple Ventures](https://millionrounds.com/fund/ripple-ventures-2)
- [Darkmode Ventures](https://millionrounds.com/fund/darkmode-ventures)
- [Valkyrie](https://millionrounds.com/fund/valkyrie-2)
- [TSG](https://millionrounds.com/fund/tsg-2)
- [Alkeon Capital](https://millionrounds.com/fund/alkeon-capital)

Each firm lists Drata on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Compliance in United States

Startups like it

- [**LogicGate** Chicago · founded 2015](https://millionrounds.com/startup/logicgate-2)
- [**SmarterX** Boulder · founded 2015](https://millionrounds.com/startup/smarterx)
- [**Eventus Systems** Austin · founded 2014](https://millionrounds.com/startup/eventus-systems)
- [**FOSSA** San Francisco · founded 2015](https://millionrounds.com/startup/fossa-2)
- [**Cascades Healthcare** Provo · founded 2016](https://millionrounds.com/startup/cascades-healthcare)
- [**Cocoon** San Francisco · founded 2020](https://millionrounds.com/startup/cocoon-6)
- [**Finley Technologies** San Francisco · founded 2021](https://millionrounds.com/startup/finley-technologies)
- [**Onboarded** Incline Village · founded 2022](https://millionrounds.com/startup/onboarded)

## Is this your company?

Add your raise, your deck and your story, and put Drata in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)