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About Vanta
Industries
Enterprise Software
Cybersecurity
Company Size
501-1,000
Company Stage
Series C
Total Funding
$343.4M
Headquarters
San Francisco, California
Founded
2018
Overview
Vanta simplifies the process of obtaining and maintaining SOC 2 certification, which is essential for organizations that manage sensitive customer data. The company offers a software-as-a-service (SaaS) platform that automates numerous checks to ensure that security controls are effective and compliant with industry standards. This automation helps small to medium-sized enterprises (SMEs) and tech companies monitor risks and vulnerabilities continuously, significantly reducing the time and cost associated with achieving SOC 2 compliance. Vanta's subscription-based model provides clients with a more efficient and cost-effective way to maintain compliance compared to traditional methods. The goal of Vanta is to transform the compliance process, allowing organizations to focus on their core operations while enhancing their security posture.
Simplify's Take
What believers are saying
- Vanta secured $150M in Series C funding, boosting its growth potential.
- The HITRUST e1 partnership positions Vanta as a leader in healthcare data protection.
- AI-driven automation in compliance processes enhances Vanta's competitive edge.
What critics are saying
- Emerging competitors like ComplyCube may challenge Vanta's market position.
- Healthcare data breaches increase scrutiny on Vanta's security measures.
- Reliance on partnerships like HITRUST poses risks if standards change.
What makes Vanta unique
- Vanta automates SOC 2 certification, reducing time and cost for SMEs.
- The platform offers continuous control monitoring, enhancing risk management for tech companies.
- Vanta's HITRUST e1 partnership automates 80% of compliance requirements, leading the industry.
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Funding
Total Funding
$343.4M
Above
Industry Average
Funded Over
4 Rounds
Y Combinator
Craft VenturesIndustry standards
Benefits
100% Benefits Coverage
Flexible & Remote Work
Paid Parental Leave
Unlimited PTO
Health & Wellness
401(k)
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -4%2 year growth
↓ -5%Vanta, a leading trust management platform, secured a $150 million Series C funding round led by Sequoia Capital, with participation from Goldman Sachs, JPMorgan, and existing investors like Atlassian Ventures and Y Combinator. This brings Vanta's total funding to $353 million, valuing the company at $2.45 billion. Vanta aims to become an AI-driven enterprise trust management platform, automating up to 90% of audit preparation and enhancing security and compliance processes.
Vanta, a San Francisco, CA-based provider of a trust management platform, raised $150M in Series C funding, at $2.45 Billion valuation
Compliance startup Vanta raises $150M in funding led by Sequoia Capital at $2.45 billion valuation.
Innovative Integration Enables Seamless Tracking and Remediation of Offensive Security and Penetration Testing Results
LONDON, June 17, 2024 /PRNewswire/ -- ComplyCube, a RegTech100 global leader in identity verification and compliance solutions, proudly announces the launch of its comprehensive Trust Center. This new initiative emphasizes ComplyCube's unrivaled compliance posture, redefining security and privacy for IDV, KYC, and AML platforms. With over fifty continuously monitored controls, the AI-powered SaaS leads the way in ensuring clients stay ahead of international regulations and standards.ComplyCube Launches New Trust Center with the Most Complete Compliance Posture in the MarketThe Trust Center provides real-time updates on security measures, compliance statuses, and operational transparency, empowering clients to meet regulatory requirements confidently and allowing them to view ComplyCube's compliance posture on demand. This platform is engineered to enhance transparency, build trust, and streamline compliance processes for organizations worldwide.ComplyCube unveils its unrivaled compliance posture, redefining security and privacy for IDV, KYC, and AML platforms. With over fifty continuously monitored controls, ComplyCube leads the way in ensuring clients stay ahead of international regulations and standards.Key Features of the Trust Center:Real-Time Compliance Dashboard : Live updates on compliance metrics and security statuses.: Live updates on compliance metrics and security statuses. Comprehensive Resource Hub : Access to essential documents, certifications, and regulatory guidelines.: Access to essential documents, certifications, and regulatory guidelines
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About Vanta
Industries
Enterprise Software
Cybersecurity
Company Size
501-1,000
Company Stage
Series C
Total Funding
$343.4M
Headquarters
San Francisco, California
Founded
2018
Vanta is Hiring for 0 Jobs on Simplify!
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