Vanta was founded in 2017 by Christina Cacioppo and Erik Goldman. The company has not publicly endorsed plans to participate in an IPO.
Vanta is a security compliance software company that helps businesses meet regulatory requirements while maintaining a strong security posture. The company currently supports the SOC 2, CCPA, PCI DSS, ISA 27001, GDPR, and HIPAA frameworks, and has plans to expand further. In June 2022, Vanta announced that a fresh $110 million in venture capital funding had increased the company's total funding to more than $160 million. This funding round also resulted in a $1.6 billion valuation, according to a company press release. Investors include Craft Ventures, Sequoia Capital, and Y Combinator.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/24/2024 | Series C | $150MM | $xx.xx | $2.45B | Sequoia Capital, Goldman Sachs, J.P. Morgan, Atlassian Ventures, Craft Ventures, CrowdStrike Ventures, HubSpot Ventures, Workday Ventures, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
12,894,619
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital, Goldman Sachs, J.P. Morgan, Atlassian Ventures, Craft Ventures, CrowdStrike Ventures, HubSpot Ventures, Workday Ventures, Y Combinator
|
||||||
10/12/2022 | Series B-2 | $34,444 | $xx.xx | $1.6B | Craft Ventures, Sequoia Capita, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
6,936
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Craft Ventures, Sequoia Capita, Y Combinator
|
||||||
10/12/2022 | Series B-1 | $150.05MM | $xx.xx | $1.6B | Craft Ventures, Sequoia Capita, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
16,652,181
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Craft Ventures, Sequoia Capita, Y Combinator
|
||||||
05/04/2021 | Series A-5 | $3.53MM | $xx.xx | $452.63MM | Sequoia Capital, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
1,358,460
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital, Y Combinator
|
||||||
05/04/2021 | Series A-4 | $272,498 | $xx.xx | $452.63MM | Sequoia Capital, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
119,850
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital, Y Combinator
|
||||||
05/04/2021 | Series A-3 | $2.22MM | $xx.xx | $452.63MM | Sequoia Capital, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
16,721,680
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital, Y Combinator
|
||||||
05/04/2021 | Series A-2 | $724,994 | $xx.xx | $452.63MM | Sequoia Capital, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
6,810,660
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital, Y Combinator
|
||||||
05/04/2021 | Series A-1 | $54.6MM | $xx.xx | $452.63MM | Sequoia Capital, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
16,810,610
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital, Y Combinator
|