Drata

How much has Drata raised?

Drata has raised ~$328M disclosed. The latest disclosed round is $200M Series C (Dec 2022); latest valuation/status is Private; $2B valuation reported in 2022.

Total raised
~$328M disclosed
Disclosed rounds
3 major disclosed rounds
Latest round
$200M Series C (Dec 2022)
Latest valuation
Private; $2B valuation reported in 2022
First raised
2021
Notable backer
ICONIQ Growth / GGV

Drata's funding rounds

Drata's disclosed financing reflects its move from early product buildout to its current private-company scale.

  1. Jan 2021Series A - $25MEarly institutional round after product launch.
  2. Nov 2021Series B - $100MGrowth round that made Drata a compliance-automation unicorn.
  3. Dec 2022Series C - $200M at $2B valuationLed by ICONIQ Growth and GGV, bringing disclosed funding to about $328M.

Sources:TechCrunch Drata Series CDrata about

How much has Drata raised in total?

Drata has raised ~$328M disclosed. The figure is based on disclosed public rounds and company statements; any undisclosed debt, secondary transactions, or unannounced insider rounds are not estimated here.

Who are Drata's investors?

Notable investors include ICONIQ Growth / GGV. Earlier and later investors matter because they signal how the market underwrites the company: specialist investors often validate the category, while late-stage or strategic investors can support enterprise expansion and procurement maturity.

Why did Drata's valuation move or remain undisclosed?

The latest valuation status is Private; $2B valuation reported in 2022. If a valuation is public, it usually moved with revenue growth, market multiples, investor demand, and category momentum; if it is undisclosed, the reliable seller signal is funding capacity and operating scale rather than a guessed price.

Is Drata profitable, and will it IPO?

Drata has not publicly disclosed audited profitability or an IPO timeline as of June 2026. Treat it as a private operating company whose spending priorities are tied to product expansion, enterprise readiness, customer delivery, and the newest financing objectives.

What does Drata's funding mean if you sell into them?

Funding is a buying-power signal, but it is not enough by itself. Sellers should map the most likely budget owner, show how the product supports the current scale-up motion, and expect more formal review when the buyer is late-stage, regulated, or enterprise-facing.

As of June 2026.Sources:TechCrunch Drata Series CDrata aboutDrata customers

Drata — frequently asked questions

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