Drata

● Recently verified Last updated: Jun 9, 2026 Data last verified: Jun 16, 2026

Drata: $3.2B valuation, IPO Readiness 68, Series D. Drata is the AI-driven compliance automation platform helping companies continuously achieve and maintain SOC . Track live on The IPO Stack.

Series DCybersecuritypre-ipo
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
$3.2B
Total Funding
$478M
Stage
Series D
Sector
Cybersecurity
Headquarters
San Diego, CA
CEO
Adam Markowitz
IPO Status
pre-ipo

Funding History

Round Amount Date Lead Investors
Series B $200M Dec 2022 ICONIQ Growth, GGV Capital
Series A $25M Oct 2021 GGV Capital
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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 has not announced a specific IPO date as of 2026. Track TechStackIPO for the latest funding milestones and IPO signals. Subscribe to The IPO Stack newsletter for weekly updates.

What is Drata's current valuation? +

Drata is valued at $3.2B 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.

How much total funding has Drata raised? +

Drata has raised $478M in total venture capital and private equity funding, with backing from ICONIQ Growth, GGV Capital.

Who are Drata's key investors? +

Drata's notable investors include ICONIQ Growth, GGV Capital. 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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