Tuesday, November 12, 2024
HomeFunding Vanta Raises $150 Million Series C Funding

[Funding News] Vanta Raises $150 Million Series C Funding

Vanta has raised $150 million in Series C funding at a $2.45 billion valuation. Sequoia Capital lead the round, with participation from new investors Growth Equity at Goldman Sachs Alternatives and J.P. Morgan, as well as all previous investors, including Atlassian Ventures, Craft Ventures, CrowdStrike Ventures, HubSpot Ventures, Workday Ventures, and Y Combinator.

Vanta has raised $150 million in Series C funding at a $2.45 billion valuation. Sequoia Capital lead the round, with participation from new investors Growth Equity at Goldman Sachs Alternatives and J.P. Morgan, as well as all previous investors, including Atlassian Ventures, Craft Ventures, CrowdStrike Ventures, HubSpot Ventures, Workday Ventures, and Y Combinator.

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Having Sequoia triple down on Vanta—including leading both our Series A and Series C rounds—is tremendous validation. This type of sustained, long-term partnership is rare, and it’s a testament to both Sequoia’s vision as well as Vanta’s incredible trajectory as we move the industry from point-in-time checks to continuous trust.

Read also – [Funding News] SoundHealth Secures $7 Million Seed Funding and launches SONU

Our Series C continues this approach of fundraising in response to business demands, not other pressures. The Series C allows us to continue investing in areas of tremendous leverage: accelerating our upmarket momentum by displacing manual, cumbersome GRC tools, solidifying Vanta as the peerless choice for ambitious startups, and deepening our global presence, particularly in the UK and Australia.

“Under Christina’s leadership, Vanta has grown into a special and enduring company. Now the clear market leader in Trust Management, Vanta has accelerated upmarket, launched innovative AI features, and delighted many thousands of customers along the way. Sequoia led Vanta’s Series A more than three years ago, and we are equally excited to lead Vanta’s Series C today. We look forward to helping them build a legendary security and compliance company for many years ahead.” – Andrew Reed, Partner, Sequoia Capital.

About Vanta

Vanta was founded on a mission to secure the internet and protect consumer data. We got our start in 2018 by automating compliance with information security frameworks like SOC 2, making it faster and easier for companies to demonstrate their security and unblock revenue.

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