TLDR:
- Vanta, a trust management platform based in San Francisco, raised $150M in Series C funding.
- The funding round was led by Sequoia Capital and included new investors Growth Equity at Goldman Sachs Alternatives, J.P. Morgan, and existing investors Atlassian Ventures, Craft Ventures, CrowdStrike Ventures, HubSpot Ventures, Workday Ventures, and Y Combinator.
Article Summary:
Vanta, a San Francisco-based trust management platform, recently secured $150M in Series C funding, bringing its total funding to $353M and valuing the company at $2.45 billion. The funding round was led by Sequoia Capital and included new investors such as Growth Equity at Goldman Sachs Alternatives and J.P. Morgan, as well as existing investors like Atlassian Ventures, Craft Ventures, CrowdStrike Ventures, HubSpot Ventures, Workday Ventures, and Y Combinator. The funds will be used to consolidate Vanta’s global presence and drive AI product innovation.
Under the leadership of CEO Christina Cacioppo, Vanta offers a trust management platform that simplifies and centralizes security processes for organizations of all sizes. With over 8,000 companies, including notable enterprises like Atlassian, Omni Hotels, Quora, and ZoomInfo, using Vanta’s platform to build, maintain, and showcase trust, the company has established a global presence. Headquartered in San Francisco, with additional offices in Dublin, New York, and Sydney, Vanta serves customers in 58 countries.
This funding round signifies a significant milestone for Vanta, allowing them to expand their offerings and reach more customers worldwide. With the backing of prominent investors, the company is poised for further growth and success in the trust management space.
