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3d 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.

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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
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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.