Particle.news
Download on the App Store
3 ARTICLES
·
2mo ago

Vanta’s Series D Raises $150 Million, Valuation Climbs to $4.15 Billion

Led by Wellington Management, the fundraise highlights investor faith in Vanta’s AI-driven compliance platform with government credentialing plus continuous risk monitoring.

Image
The logo of automated security and compliance platform Vanta is displayed at the Collision conference in Toronto, Ontario, Canada June 23, 2022. Picture taken June 23, 2022. REUTERS/Chris Helgren/File photo
Image

Overview

  • The Series D round brought in $150 million at a $4.15 billion valuation, led by Wellington Management with participation from Goldman Sachs Alternatives, J.P. Morgan, CrowdStrike Ventures and Atlassian Ventures, raising Vanta’s total external funding to $504 million.
  • Vanta plans to invest the new capital in enhancing its AI-driven compliance tools, pursuing acquisitions for adjacent products, deepening partnerships for government standards such as FedRAMP.
  • Its autonomous AI agent accelerates security review processes by up to 81 percent, enabling real-time verification of controls across frameworks like SOC 2 and ISO 27001.
  • Since its 2018 founding, the startup has grown to more than 1,000 employees across San Francisco, New York, London, Dublin and Sydney, serving over 12,000 clients in 58 countries.
  • Heightened enterprise reliance on cloud and AI technologies has elevated cyberattack risks and compliance burdens, reinforcing investor appetite for automated risk-mitigation platforms.