Drata is a security and compliance automation platform that allows enterprises to proactively monitor and collect evidence of a company’s security controls and confirm audit-readiness. Drata’s platform supports 14 pre-built frameworks that include CCPA, GDPR, SOC 2, HIPAA, and more. The platform also allows users to create and monitor custom frameworks with pre-made templates and claims to be able to continuously help businesses comply as they scale.
Key customers and partners
As of December 2022, the company served over 2,000 customers, including companies like Lemonade, BigID, Fivetran, Notion, and Bamboo HR.
Funding and financials
In December 2022, the company raised USD 200 million in a Series C funding round co-led by ICONIQ Growth and GGV Capital. The funds were used to accelerate its R&D to further build its enterprise-grade product and invest in new product features for startups and auditors.
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