US EditionCrowdStrike-backed compliance startup Vanta valued at $4 billion in new funding round
SAN FRANCISCO COUNTY, CALIFORNIA, JUL 23 – Vanta's AI-driven compliance platform now serves over 12,000 organizations and aims to accelerate security reviews by 81%, backed by $150 million from a Series D round.
- Vanta said Wednesday it closed a $150 million Series D, valuing the company at $4.15 billion, up from $2.45 billion last year.
- Vanta has grown to $220 million in ARR, up from $100 million in January 2024 and $10 million in 2021.
- Performance metrics show AI-generated answers are accepted 95%, Vanta AI can draft over 80% of responses, and enables security reviews 81% faster, Christina Cacioppo said.
- Her ownership value rose from $550 million to $830 million, and Vanta's total funding has reached around $500 million.
- With new capital, Vanta plans to expand government partnerships, invest more heavily in AI and pursue further acquisitions.
12 Articles
12 Articles
Vanta Notches $4.15 Billion Valuation With New Funding Round
Compliance tech startup Vanta Inc. reached a valuation of $4.15 billion in a new $150 million funding round — adding billions to its value, and signaling investors’ interest in companies using artificial intelligence to streamline complicated corporate tasks.
Christina Cacioppo’s Software Startup Just Raised New Funds At A $4 Billion Valuation—Despite Not Needing The Money
Vanta cofounder and CEO Christina Cacioppo spoke with Forbes about AI, acquisitions and long-term aims for the eight-year-old security and compliance company.
Vanta Raises $150M to power the future of AI-driven trust
Vanta has announced its $150 million Series D funding round at a $4.15 billion valuation. The round was led by new investor Wellington Management, and included existing investors, Growth Equity at Goldman Sachs Alternatives, Sequoia, J.P. Morgan, Craft Ventures, Y Combinator, Atlassian Ventures and CrowdStrike Ventures. The funding brings Vanta’s total funds raised to $504 million since 2021.
Compliance startup Vanta valued at $4.15B in new $150M round - SiliconANGLE
Vanta Inc., a startup that helps companies comply with privacy and cybersecurity regulations, has raised $150 million in fresh funding. Wellington Management led the Series D investment. It was joined by more than a half-dozen other backers including the venture capital arms of CrowdStrike Holdings Inc. and Atlassian Corp. The round, which was announced today, […] The post Compliance startup Vanta valued at $4.15B in new $150M round appeared fir…
OpenAI Seeks Additional Capital to Complete $40 Billion Round
OpenAI, after announcing a $40 billion financing round, is now looking for more funding from both new and existing investors to close the deal. The company is seeking additional capital to support its ambitious goals and projects in artificial intelligence development. The post OpenAI Seeks Additional Capital to Complete $40 Billion Round appeared first on nextbigwhat.
Coverage Details
Bias Distribution
- 56% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
