About oak9
oak9 is a Technology company based in Chicago (United States) founded in 2019 by Aakash Shah and Om Vyas, and was acquired by Drata in May 2024. Provider of cloud and devops security solutions. oak9 has raised $13.9 million across 2 funding rounds from investors including Drata, Cisco Investments and Next Level Funding. The company has 4 employees. Its chief executive, as recorded, is Om Vyas. Its Indian entity Oak9.Io India Private Limited reported revenue of ₹1.14 Cr. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, DevOps, Delivery and Deployment and Security. Its competitors include Cisco, Wiz and Aviatrix; 3 of its 3 listed competitors have raised funding.
Company details
Oak9 was founded in 2019 and is headquartered in Chicago, United States. Security solutions for cloud infrastructure and DevOps practices are offered through a platform targeted at developers and security engineers. Key features encompass application security design, threat modeling, infrastructure-as-code security checks, automated design management, enforcement of security policies, and change management processes. Access to the platform is facilitated via a subscription-based pricing model.
- Headquarters Chicago, United States
- Employees 4
- Founders Aakash Shah, Om Vyas
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website oak9.io
- Social LinkedIn X
- Acquired by Drata (May 2024)
- Legal Name Oak9.Io India Private Limited
- Date of Incorporation 18 Aug, 2021
- Jurisdiction Ahmedabad, Gujarat, India
- Indian entity revenue₹1.14 Cr
FY 2024 · -51% YoY
- Indian entity net loss-₹9.1 Lakh
FY 2024 · -8% margin
- Indian entity EBITDA-₹7 Lakh
FY 2024 · -6% margin
- Total Equity Funding$13.9M (USD)
in 2 rounds
- Latest Funding Round$8M (USD), Series A
Jun 2022
- InvestorsDrata
& 5 more
- Employee Count4
- Acquired byDrata
(May 2024)
Associated legal entities of oak9
oak9 operates through Oak9.Io India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Oak9.Io India Private Limited CIN U72900GJ2021FTC124977 | Active | 18 Aug 2021 | Ahmedabad, Gujarat | ₹1.1 Cr | 4 | 2 | View details |
Funding Insights of oak9
oak9 has successfully raised a total of $13.9M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in June 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.
- Total Funding $13.9M
- Total Rounds 2
- Last Round Series A — $8M
- First Round $5.9M
(Jun 2021)
- Investors Count 5
All 2 funding rounds of oak9 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $8M | Series A | – | Menlo Ventures | |
| Jun 2021 | $5.9M | Seed | – | Menlo Ventures |
6 investors in total: 6 institutional.
Investors in oak9
oak9 has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Drata, Cisco Investments and Next Level Funding.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology investments and expertise in networking, cloud, and security services. | 2003 | ciscoinvestments.com | San Jose, United States | |
Early-stage venture capital firm investing in AI, healthcare, and tech sectors. | menlovc.com | |||
Early-stage startups are funded through venture capital investments. | hpa.vc | Chicago, United States | ||
Venture capital is directed toward infrastructure software companies. | uncorrelated.com | San Francisco, United States | ||
| nextlevelfunding.com | ||||
Risk assessment and management solutions are provided for enterprises. | 2020 | drata.com | San Diego, United States |
Investor details for oak9
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Board of directors of Oak9.Io India Private Limited (oak9)
Oak9.Io India Private Limited is the primary company behind oak9. The board of Oak9.Io India Private Limited currently have 2 directors; the longest-serving is Aakash Bharat Shah, appointed in 2021. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aakash Bharat Shah DIN 09285600 | Director | 18 Aug 2021 | 5 yrs 2 mo | Oak9.Io India Private Limited |
| Ritu Ronakkumar Shah DIN 09285602 | Director | 18 Aug 2021 | 5 yrs 2 mo | Oak9.Io India Private Limited |
People of oak9
14 people are tracked at oak9 (4 in leadership, 7 in board & advisors, 3 in team); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
Om Vyas | Co-Founder & CPO | Leadership |
Raj Datta | CEO & Co-Founder | Leadership |
Koemi Valencia | Marketing Director | Leadership |
Tim Tully | Board Member | Board & advisors |
Marc van Zadelhoff | Advisor | Board & advisors |
Aldo Dossola | Advisor | Board & advisors |
Ali Golshan | Advisor | Board & advisors |
Venky Ganesan | Board Member | Board & advisors |
Nishant Patel | Advisor | Board & advisors |
Greg Nicastro | Advisor | Board & advisors |
Clay Langston | Security Engineer | Team |
Kirk Rehal | Software Engineering Team Lead | Team |
Piyush Vadadoriya | Software Engineer | Team |
Complete people profiles for oak9
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Financials of oak9
Figures of Oak9.Io India Private Limited, the primary company behind oak9, for FY 2024. Revenue was ₹1.14 Cr (-51% year on year). Net loss was -₹9.1 Lakh (-8% margin). EBITDA was -₹7 Lakh (-6% margin).
- ₹1.14 CrRevenue · FY 2024 · -51% YoY
- -₹9.1 LakhNet loss · -8% margin
- -₹7 LakhEBITDA · -6% margin
- ₹1 LakhPaid-up capital
- 4Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Oak9.Io India Private Limited are on its company page.
Detailed financial statements for oak9
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of oak9
4 dated milestones of oak9 across 5 years, from founding to its latest funding, stage changes and deals.
- Founded oak9 is founded.
- Funding First funding round of $5.9M.
- Funding Latest funding round, Series A, of $8.0M.
- Exit Acquired by Drata.
Competitors of oak9
oak9 has 3 listed competitors in our database, 3 of them funded. They include Cisco, Wiz and Aviatrix.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cisco.com | 1984 | San Jose, United States | $2.5M | 708 | AI and saas based cloud security solutions | |
| wiz.io | 2020 | New York, United States | $1.9B | 81 | Cloud security posture and application protection are managed across environments. | |
| aviatrix.com | 2014 | Santa Clara, United States | $346M | 314 | Hybrid cloud integration software is developed for enterprise connectivity. |
Detailed competitors of oak9
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Verified entity values are shown only after access is granted.
Top companies in Cybersecurity & Data Protection
3 companies that operate in the same segment as oak9 (Cybersecurity & Data Protection) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 7,330 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 |
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Related news about Oak9
Complete news archive for oak9
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Frequently Asked Questions about oak9
oak9 was founded in 2019 and raised its 1st funding round 2 years after it was founded.
oak9 is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Om Vyas is the CEO of oak9, as recorded in our data.
oak9 is a funded company, having raised a total of $13.9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.9M, raised on Jun 2021.
oak9 has 4 employees.
The primary company behind oak9, Oak9.Io India Private Limited, reported revenue of ₹1.14 Cr for FY 2024, down 51% year on year.
Oak9 was founded in 2019 and is headquartered in Chicago, United States. Security solutions for cloud infrastructure and DevOps practices are offered through a platform targeted at developers and security engineers. Key features encompass application security design, threat modeling, infrastructure-as-code security checks, automated design management, enforcement of security policies, and change management processes. Access to the platform is facilitated via a subscription-based pricing model.
oak9 has 6 investors. Key investors include Drata, Cisco Investments, Next Level Funding, Menlo Ventures, and HPA.
oak9 operates through Oak9.Io India Private Limited.
Yes. oak9 was acquired by Drata in May 2024.
The legal entities of oak9 currently have 2 directors, including Aakash Bharat Shah, Ritu Ronakkumar Shah.