About Drata
Drata is a company based in San Diego (United States) founded in 2020 by Troy Markowitz, Adam Markowitz, and Daniel Marashlian. Drata has raised $328.24 million across 4 funding rounds from investors including Okta, SentinelOne and Alkeon Capital Management. The company has 393 employees as of December 31, 2023. Drata has completed 3 acquisitions, including Harmonize, SafeBase and oak9. Drata operates in a competitive market with competitors including Zscaler, PayPal, Palantir, Snowflake and Alteryx, among others.
- Headquarter San Diego, United States
- Employees 393 as on 31 Dec, 2023
- Founders Troy Markowitz, Adam Markowitz, Daniel Marashlian
- Stage Unicorn
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Technology
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People of Drata
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Funding Insights of Drata
Drata has successfully raised a total of $328.24M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $200 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Drata
Drata has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Okta, SentinelOne and Alkeon Capital Management.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
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Investor details for Drata
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Investments & Acquisitions by Drata
Drata has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Harmonize, SafeBase and oak9.
Investment portfolio details for Drata
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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IT vendor risk management solutions are provided by SafeBase.
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Cloud-based HRMS platform is offered to enterprises for HR management.
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Provider of cloud and devops security solutions
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Complete acquisition details for Drata
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Financial Statements - Drata
Detailed financials for Drata
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Drata Comparisons
Peer comparison for Drata
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Competitors of Drata
Drata operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zscaler, PayPal, Palantir, Snowflake and Alteryx, among others.
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Cybersecurity and zero trust solutions are delivered for secure networks.
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Online payment solutions are offered to consumers and businesses.
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Platform that provides data analysis and management solutions
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Cloud-based big data warehouse for enterprise data management is provided.
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Cloud-based data analytics solutions are delivered for insight generation.
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Synchrony is engaged in providing credit cards and banking services.
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Detailed competitors of Drata
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Latest news on Drata
Complete news archive for Drata
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Frequently Asked Questions about Drata
Drata was founded in 2020.
Drata is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Adam Markowitz is the current CEO of Drata. They have also founded this company.
Drata is a funded company, having raised a total of $328.24M across 4 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Drata is 393.
Drata was founded in 2020 and is based in San Diego, United States. Solutions for risk assessment and management are delivered to enterprises within the security sector. Continuous monitoring of security controls is enabled, along with risk management and data security measures. Automated evidence collection, employee onboarding and offboarding processes, asset tracking, insights, reports, alerts, and various integrations are included among the core operations.
Drata has 20 investors. Key investors include Okta, SentinelOne, Alkeon Capital Management, Iconiq Capital, and GGV Capital.
The valuation of Drata is $2B as of Nov 2022.