Drata Current · Verified less than 14 days ago · Last verified: Oct 4, 2026

Drata: $5.1B valuation, IPO Readiness 68, Series E. Filed S-1 with the SEC on July 2026 — IPO actively in progress. Track live on The IPO Stack.

Series ECybersecurityS-1 filed
68
/100
IPO Readiness Score
Grade C — Moderate IPO Readiness
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
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Drata is the AI-driven compliance automation platform helping companies continuously achieve and maintain SOC 2, ISO 27001, HIPAA, GDPR, and other security certifications — without months of manual work. Valued at $3.2B with $300M raised, Drata serves 10K+ companies and competes with Vanta, Secureframe, and AuditBoard in the $50B+ compliance automation market. Major defensetech IPO candidate as continuous compliance becomes a category expectation for every B2B SaaS company.

Valuation
$5.1B
Total Funding
$728M
Stage
Series E
Sector
Cybersecurity
Headquarters
San Diego, CA
CEO
Adam Markowitz
IPO Status
S-1 filed

Funding History

October 2021
Series A
$25M
December 2022
Series B
$200M
July 2026
Series E
$250M
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Track Drata IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Drata going public? +

Drata filed its S-1 registration statement with the SEC on July 14, 2026. The IPO timeline depends on SEC review and market conditions. Track the latest signals on TechStackIPO.

What is Drata's current valuation? +

Drata is valued at $5.1B as of December 2022. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Drata before IPO? +

Accredited investors can access Drata shares through secondary market platforms, pre-IPO investment funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace tracks available access options. Note: pre-IPO investments carry higher risk and limited liquidity compared to public market investing.

What is Drata's IPO Readiness Score? +

Drata scores 68/100 (Grade: C) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

Has Drata filed for an IPO? +

Yes — Drata filed an S-1 registration statement with the SEC on July 14, 2026, indicating an active IPO process.

How much total funding has Drata raised? +

Drata has raised $728M in total venture capital and private equity funding, with backing from GGV Capital, ICONIQ Growth.

Who are Drata's key investors? +

Drata's notable investors include GGV Capital, ICONIQ Growth. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Drata in? +

Drata is a Cybersecurity company. Drata is the AI-driven compliance automation platform helping companies continuously achieve and maintain SOC 2, ISO 270.

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