Drata

About Drata

Financials

Dated, source-cited figures. Estimates are marked.

Products by Drata

All products by Drata reviewed by our AI panel of experts.

DrataAI Compliance

Automate your security compliance, continuously.

Free8.0/10

How Our Review Panel Scores Drata

Six independent reviewer personalities assessed Drata's product on their own terms. They disagreed by 1.2 points — The Finance Lead was the hardest to convince, The Decision Maker the most positive.

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Drata competes with, and how they differ.

Vanta7.2/10

Vanta runs the same continuous-monitoring SOC 2/ISO 27001 automation model as Drata and crossed roughly $100M ARR around the same period; the two are the largest players competing head-to-head for mid-market and enterprise compliance budgets.

1 product reviewed on TopReviewed

Secureframe7.9/10

Secureframe targets the same SOC 2/ISO 27001 automation workflow but leans more on AI-assisted evidence collection and skews toward smaller, faster-growing startups than Drata's more enterprise-weighted customer base.

1 product reviewed on TopReviewed

Sprinto7.6/10

Sprinto focuses on SMB and mid-market compliance automation with a lower-cost, faster-implementation pitch than Drata, competing on price and speed-to-audit rather than platform breadth.

1 product reviewed on TopReviewed

Hyperproof7.7/10

Hyperproof sells compliance-operations software for enterprise GRC teams managing many frameworks at once, overlapping with Drata's enterprise tier but with less emphasis on continuous automated evidence collection.

1 product reviewed on TopReviewed

OneTrust7.6/10

OneTrust is a much larger privacy-and-GRC suite (consent management, data mapping, third-party risk) that overlaps with Drata mainly at the enterprise GRC layer rather than core SOC 2 automation.

1 product reviewed on TopReviewed

Company Timeline

Key milestones in Drata's history, with sources.

1. Feb 19, 2025Milestone

   Surpasses $100M ARR with 7,000+ customers

   Drata announced it crossed $100M in annual recurring revenue with 7,000+ customers across 60 countries, reached roughly 3.5 years after launch.

   drata.com
2. February 2025Acquisition

   Acquires SafeBase

   Drata acquired customer-facing security review platform SafeBase, integrating its Trust Center capability into Drata's compliance platform.

   soc2auditors.org
3. Apr 9, 2024Acquisition

   Acquires Harmonize

   Drata acquired identity/access governance startup Harmonize.io, adding access provisioning, deprovisioning and mobile device management capabilities; Harmonize CEO Johnny Kinder joined Drata's product team.

   drata.com
4. Dec 7, 2022Funding

   Series C — $200M co-led by ICONIQ Growth and GGV Capital

   Drata raised a $200M Series C co-led by ICONIQ Growth and GGV Capital, doubling its valuation to $2B roughly a year after its Series B.

   drata.com
5. Nov 8, 2021Funding

   Series B — $100M led by ICONIQ Growth

   Drata raised a $100M Series B led by ICONIQ Growth with participation from Alkeon Capital and Salesforce Ventures, reaching a $1B valuation about 10 months after launch.

   drata.com
6. Jun 23, 2021Funding

   Series A — $25M led by GGV Capital (now Notable Capital)

   Drata raised a $25M Series A led by GGV Capital (now Notable Capital).

   tracxn.com
7. Jan 13, 2021Funding

   Seed — $3.2M led by Cowboy Ventures

   Drata raised $3.2M in seed funding led by Cowboy Ventures with participation from Leaders Fund and SV Angel.

   prnewswire.com
8. Jan 13, 2021Launch

   Launches SOC 2 compliance automation platform, emerging from stealth

   Drata emerged from stealth and launched its continuous SOC 2 compliance automation platform, alongside a $3.2M seed announcement.

   prnewswire.com