Drata
Category: AI in Cybersecurity
AI-powered trust management platform that automates security compliance and continuous monitoring for enterprises Drata was founded in 2020. The company is led by Adam Markowitz. Based in San Diego, United States. Team size: 720-732. Total funding raised: $328M. Latest round: Series C, $200M, 2022-12, led by ICONIQ Growth. Key investors include ["ICONIQ Growth","GGV Capital","Salesforce Ventures","Alkeon Capital","Cowboy Ventures"].
- Founded
- 2020
- Headquarters
- San Diego, United States
- Team size
- 720-732
- Total funding
- $328M
Value proposition
Automates compliance workflows, reduces manual audits by 80%, provides real-time risk monitoring via 50+ integrations with cloud platforms and SaaS tools
Products and solutions
["SOC 2 Compliance Automation","ISO 27001 Compliance Management","HIPAA & PCI DSS Auditing Tools","Custom Control Workflows","Third-Party Risk Management","Continuous Control Monitoring","Evidence Collection Automation"]
Unique value
First AI-powered platform to combine continuous compliance monitoring with automated evidence collection and risk remediation, processing 10,000+ audits with 2,500+ auditors supported
Target customer
Enterprises requiring compliance with frameworks like SOC 2, ISO 27001, HIPAA, PCI DSS, GDPR, and HITRUST
Industries served
["Cybersecurity","Healthcare","Financial Services","SaaS & Cloud Providers","EdTech","Enterprise Software"]
Technology advantage
Native integrations with AWS, Azure, GitHub, Jira, and 50+ SaaS platforms; AWS Security Competency Partner status (2024); AI-driven adaptive automation for compliance workflows
How they differentiate
Drata differentiates through deeper DevOps integrations, enterprise-grade scalability, AI-powered automation, and focus on continuous monitoring rather than point-in-time audits. Stronger in large enterprise complex compliance frameworks vs competitors focusing on mid-market simplicity
Main competitors
["Vanta","Secureframe","Tugboat Logic (OneTrust)","Scrut Automation","JupiterOne","Hyperproof","Laika","AuditBoard"]
Key partnerships
["AWS (Security Competency Partner, 2024)","KnowBe4 (Exclusive GRC Partner, 2023)","HITRUST (Collaboration for security certifications)","Exclusive Networks (Channel partnership for APAC expansion)","SafeBase (Acquired in Feb 2025 for $250M)","Harmonize.io (Acquired Apr 2024)","oak9 (Acquired May 2024)"]
Notable customers
["Notion","Lemonade","Tenable","Alteryx","7,000+ customers across 60 countries"]
Major milestones
["Series C funding round at $2B valuation (December 2022)","Crossed $100M ARR in 4 years","Expanded to 7,000+ customers across 60 countries","Acquired SafeBase in Feb 2025 for $250M","Acquired Harmonize.io (Apr 2024) and oak9 (May 2024)","Launched APAC expansion in 2025","AWS Security Competency Partner status (2024)","Unveiled Agentic AI capabilities for trust workflows (Mar 2026)"]
Growth metrics
Achieved $100M+ ARR within 4 years, 7,000+ customers across 60 countries, 100% year-over-year revenue growth for FY24, processed 10,000+ audits
Market positioning
Positioned as a leader in automated compliance solutions for large enterprises, particularly those needing SOC 2, ISO 27001, and GDPR frameworks. Competes directly with Vanta in mid-market but stronger in enterprise segments
Geographic focus
Primarily US-based with expanding reach into Europe (DORA compliance) and Asia-Pacific markets, with dedicated APAC expansion launched in 2025
Patents and IP
No publicly disclosed patents, but proprietary AI algorithms for control mapping and risk scoring
About Adam Markowitz
Co-Founder & CEO of Portfolium (acquired by Instructure in 2019), NASA engineer at Aerojet Rocketdyne, and aerospace engineer at Solar Turbines
Official website: https://drata.com