Vanta

Vanta

Automates SOC 2 compliance for businesses

About

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 the certification process. Vanta's unique approach allows clients to achieve compliance more efficiently than traditional methods, enabling them to focus on their core business operations. The company's goal is to transform how organizations handle SOC 2 certification by making the compliance process easier and more cost-effective.

Company Stage

Series C

Employees

501-1,000

Industries

Enterprise Software, Cybersecurity

Total Funding

$343.4M

Headquarters

San Francisco, California

Founded

2018


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Simplify's Take

What believers are saying

  • Vanta raised $150M in Series C funding, boosting its growth potential.
  • The platform automates up to 90% of audit preparation, enhancing efficiency.
  • Growing demand for automated compliance solutions supports Vanta's market expansion.

What critics are saying

  • Emerging competitors like ComplyCube 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 for effective risk management.
  • Vanta's HITRUST e1 partnership automates 80% of compliance requirements.

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Growth & Insights
Headcount

6 month growth

31%

1 year growth

47%

2 year growth

93%

Benefits

100% Benefits Coverage

Flexible & Remote Work

Paid Parental Leave

Unlimited PTO

Health & Wellness

401(k)

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