Amount Raised
$50 Million
Round Type
series a
Description
Vanta, the leading automated security and verified compliance platform, announced today that it has closed $50 million in Series A funding. The new funding round was led by Sequoia Capital, along with participation from existing investor Y Combinator. Sequoia General Partner Andrew Reed will join Vanta’s board of directors. The company will use the new funding to meet customer demand, launch new products, and open a second office in New York.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech