Drata

Network Management Software · San Diego, CA · Founded 2020 · Privately Held (backing)

Developer of a security and compliance automation platform intended to achieve continuous service organization control compliance. Drata is based in San Diego, CA and was founded in 2020. It was valued at $2 billion at its later-stage round in Dec 2022, the last priced event on record. It has raised $328 million across 2 recorded rounds; the latest was a $200 million Series C in Dec 2022.

PMV mark · valuation
$2.0B
Oct 2026
Priced at
its later-stage round
Dec 2022
Total raised
$328.2M
Last round
Later Stage VC (Series C)
Dec 2022
What is Drata worth?
$2.0BPrivateMarketView mark · Oct 2026

Valued at $2.0B at its later-stage round, Dec 2022. Nothing has traded since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Drata funding history

2 rounds
DateRoundRaisedPost-money
Dec 2022Later Stage VC (Series C)$200.0M▮
Sep 2022Early Stage VC (Series B)$100.0M▮
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Drata valuation

Drata was valued at $2 billion at its later-stage round in Dec 2022. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Drata raised?

Drata has raised $328 million across 2 recorded rounds since 2022. The largest was a $200 million Series C in Dec 2022.

Comparable companies

Comparable network management software names by valuation on PrivateMarketView: Saviynt ($3 billion), Illumio ($3 billion) and Axonius ($2.6 billion).

How Drata's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Drata, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Drata

What is Drata worth?
Drata is valued at $2.0B as of Oct 2026. Valued at $2.0B at its later-stage round, Dec 2022. Nothing has traded since.
How much has Drata raised?
Drata has raised $328.2M in total funding across 2 recorded rounds.
When did Drata last raise?
Drata last raised in Dec 2022 (Later Stage VC (Series C)), raising $200.0M.