Vanta, a startup founded in 2018 by Christina Cacioppo, is set to be valued at more than $2 billion in a new funding round. The company has been recognized as one of Business Insider’s most promising startups of 2023 and has gained significant traction since its inception.
Investors in Vanta include Sequoia Capital, Craft Ventures, and Y Combinator. The company was last valued at $1.6 billion in a funding round led by Craft Ventures in October 2022. To date, Vanta has raised over $200 million in venture funding, with the exact amount of the latest round yet to be confirmed.
Vanta’s offering includes tools to assist companies in building, maintaining, and demonstrating trust in real-time and transparent ways. The company has also launched Vanta Community, a platform for peer-to-peer support. Vanta’s innovative approach to automating compliance and redefining trust management has garnered praise and anticipation for the company’s continued growth and impact in the industry.
