DataGrail provides a platform for privacy management, specifically designed to comply with regulations such as GDPR, CCPA, etc. The company’s Live Data Map feature integrates with existing applications and automatically carries out data discovery and mapping, enabling organizations to automate data subject rights requests, data protection impact assessments, among other data-related requirements. The platform provides organizations the ability to monitor their privacy program and the ability to deploy a user-facing portal that can be used to manage their consent and email preferences, which are then enforced organization-wide.
DataGrail’s Risk Monitor everages intelligent workflows and pre-populated documentation to build risk assessments such as automated Data Protection Impact Assessments (DPIAs), Privacy Impact Assessments (PIAs), or third-party assessments.
The company doubled its employee headcount to more than 100 from 40 in 2021.
Key customers and partnerships
In 2021, DataGrail doubled its customer count and added notable customers including Salesforce, New Balance, Instacart, Skillshare, and MyFitnessPal.
DataGrail partnered with the cloud-based CRM platform HubSpot in July 2021 to offer unified preference management, maintain continuous data discovery, and automate data subject requests (DSRs and DSARs) in compliance with CCPA, CPRA, and GDPR.
Funding and financials
In October 2022, the company raised USD 45 million in an oversubscribed Series C funding round led by Third Point Ventures. The funds were utilized to expand growth and business operations and double its employee headcount over 2023.
DataGrail reported that its revenue grew by 3x since March 2021. The company also increased its plug-ins to 1,400 from 900 in 2021.
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