Vanta
Software that automates security compliance audits, now past $300M of recurring revenue and valued at $4.15B. Remote-first for US staff, with a new CFO who has taken companies toward IPOs.
Vanta, Apr 29, 2026; SiliconANGLE, Jul 2025- Valuation
- $4.15B at the July 2025 Series D, up 69% from $2.45B a year earlier.
- Raised
- About $500M five priced equity rounds from 2021 to 2025, all listed below.
- Revenue
- $300M+ ARR passed in April 2026, nine months after $200M. Growth rose four quarters in a row.
- Watch
- An IPO-tested CFO John McCauley joined in June 2026; he led IPO preparation at Seismic.
- AI
- Agent plus MCP Vanta AI Agent 2.0 does compliance work; an MCP server lets Claude Code and Cursor use Vanta.
- Liquidity
- None reported no staff tender offer or secondary sale found; shares are not listed.
- Hiring
- 60 → 49 remote listings since Oct 10.
Subscriptions to pass audits and prove trust.
Vanta sells software subscriptions that connect to a customer's cloud and tools, collect audit evidence and track frameworks such as SOC 2 and ISO 27001. Add-ons cover vendor risk, security questionnaires, trust centers and AI governance. Its MCP server needs the Core package or higher. It does not publish prices or a revenue split.
Vanta, Jun 9, 2025; SiliconANGLE, Nov 2025- 1A big and fast-growing customer baseAbout 16,000 customers, up from 1,000 in 2021 and 8,000 in 2024. Its Trust Graph is built on 400+ integrations.Vanta, Apr 29, 2026; Vanta, May 2021; SecurityWeek, Jul 2024
- 2The default choice of AI startupsVanta says 60% of the Forbes AI 50 are customers. Named customers include Cursor, Harvey, Lovable, Snowflake and Atlassian.Vanta, Apr 29, 2026; Fortune, Apr 2026
- 3Early on AI rulesAdded ISO 42001 (the AI management standard) in March 2024, then became the first trust management platform certified to it in April 2025.Vanta, Apr 24, 2025
- Vanta$4.15BSeries D, Jul 23
- AuditBoard$3.00Bprivate, May 23
- Drata$2.00Bprivate, Dec 7
Private values are the last reported round; they can be stale. Listed values are market value. Bars start at zero.
Every round, and what its terms give away.
Vanta is private, so there is no share price. What its investors paid, and on what terms, is the closest thing to one.
- $4.15B
- latest valuation, Series D Jul 23
- $500M
- raised in all
- $300M
- ARR, as of Apr 29
- 1,000
- employees, as reported
Post-money valuations as reported. The line starts at zero. Rounds without a reported valuation are left off.
- Jul 23Series D$150M at $4.15BLed by Wellington Management. About 4% of the company, if all new sharesNew lead; CrowdStrike and Atlassian venture arms among existing backers. For product and an AI assistant that takes actions.SiliconANGLE, Jul 23, 2025
- Jul 24Series C$150M at $2.45BLed by Sequoia Capital. About 6% of the company, if all new sharesGoldman Sachs Alternatives and J.P. Morgan joined. Total raised reached $353M.SecurityWeek, Jul 24, 2024
- Oct 12Series B extension$40M at $1.60BLed by Not named; CrowdStrike invested. About 3% of the company, if all new sharesSame $1.6B valuation as the June round. Form D shows $150M sold across both parts, to 45 investors.TechCrunch, Oct 12, 2022; SEC Form D/A
- Jun 8Series B$110M at $1.60BLed by Craft Ventures. About 7% of the company, if all new sharesBootstrapped to $10M+ ARR before this round; 3,000+ customers.Vanta, Jun 8, 2022
- May 4Series A$50MLed by Sequoia Capital (Andrew Reed)First outside money since Y Combinator in 2018. Valuation not disclosed.Vanta, May 4, 2021
- Down round or flat round?No. The Series D valued Vanta at $4.15B, 69% above the $2.45B Series C.SiliconANGLE, Jul 23, 2025Clear
- How much of the company the last round soldAbout 3.6%: $150M at $4.15B. Reports do not say whether $4.15B is pre or post money.SiliconANGLE, Jul 23, 2025Clear
- Time since the last raiseAbout 15 months since July 2025. ARR passed $300M in April 2026, so no sign of a cash squeeze.Vanta, Apr 29, 2026Clear
- Structured or unusual termsNo unusual terms reported for the Series D. No Form D for the 2024 or 2025 rounds was found under Vanta's SEC filer number, so terms cannot be checked there.SEC EDGAR filing list, checked Nov 3, 2026Open
- Who led the last roundWellington Management, a new outside investor that also buys public stocks. Existing backers followed.SiliconANGLE, Jul 23, 2025Clear
- Tender offers or secondary sales for staffNone reported. Searched company news and press; no tender date or price found.Vanta company news, checked Nov 3, 2026Open
- Layoffs in the last 12 monthsNo layoff found in news or company posts. An employee Q&A site carries an undated, unanswered claim of a 15% cut; we could not open it to check. Headcount was about 1,000 in April 2026.Fortune, Apr 29, 2026; searched Nov 3, 2026Open
Clear: checked, nothing found. Flag: found, with the source. Open: could not be checked.
No filing reported
What the record says, and what we think it means.
The fact is the source's. The read, in italics, is ours.
- 01Good
Growth sped up at $300M.
Vanta, Apr 29, 2026ARR went from $100M to $200M in 15 months, then to $300M nine months later. Vanta says growth rose in each of the last four quarters.
Re-accelerating at this size is rare in software. It supports the $4.15B price and any later IPO story.
- 02Neutral
A CFO with two IPO runs joined.
Vanta release via Security Senses, Jun 9, 2026John McCauley became CFO in June 2026. He led IPO preparation at Seismic and was at ServiceNow from about $100M of revenue through its IPO.
Hiring a CFO like this is often groundwork for going public. Nothing has been filed or announced.
- 03Neutral
The CEO would not talk about an IPO.
Fortune, Apr 29, 2026Asked by Fortune, Christina Cacioppo said the goal is "the long-term sustainable company versus the day of confetti."
No timeline either way. For staff equity, that means no date when shares can be sold.
- 04Watch
Remote-first in the US only.
Vanta careers page, checked Nov 3, 2026Vanta's careers page says US teammates are remote-first and international offices (Dublin, London, Sydney) work hybrid.
Outside the US, expect office days. Check each posting: some US roles are also tied to an office.
- 05Neutral
Bought Riskey for vendor monitoring.
Vanta, Jul 17, 2025In July 2025 Vanta bought Riskey, which tracks breaches, leaked credentials and weak spots at a customer's vendors. Price not disclosed. It earlier bought Trustpage.
Small buys to fill product gaps, not big bets. More of these are likely as it pushes into risk.
- 06Good
AI startups buy it early.
Vanta, Apr 29, 2026; Fortune, Apr 2026Vanta says 60% of the Forbes AI 50 use it, with customers like Cursor, Harvey and Lovable.
Fast-growing AI firms need SOC 2 to sell to enterprises. Winning them young can grow with them, if they keep growing.
- 07Neutral
Board seats held by early investors.
SEC Form D/A, Vanta Inc., filed Aug 23, 2023Vanta's 2023 Form D lists directors Christina Cacioppo, Andrew Reed (who led the Series A for Sequoia) and J Zachary Stein. It reported $150M sold to 45 investors in the 2022 round.
A small board tied to early backers. No newer Form D was found for the 2024 and 2025 rounds.
- 08Watch
A crowded field with deep pockets.
SecurityWeek, May 2024; Law360, Dec 2022Drata was valued at $2B in Dec 2022. Private equity firm Hg bought AuditBoard for over $3B in May 2024.
Vanta reports about 16,000 customers, but rivals with buyout money can cut prices for big accounts.
Sales is paid 83% over market. Engineering, 20% over.
We save every company's roles, pay by team and level, AI share and churn every day, so each month this page can say more. Sparklines use their own scale.
Can AI agents do business with Vanta?
We checked the agent payment programs, developer docs and site rules an AI assistant would meet.
Open to agents. MCP server and agent skills for builders; main site has no llms.txt.
Still Remote read- YesAn MCP server agents can callPublic preview since June 9, 2025 for Core plans and up. Docs show Claude Code, Cursor, Codex and Perplexity checking failing tests and planning fixes.Vanta, Jun 9, 2025; developer docs, Nov 2026
- YesIts own AI agentVanta AI Agent launched June 2025; Agent 2.0 came with the Agentic Trust Platform on Nov 18, 2025. It collects evidence, answers questionnaires and watches vendors.SiliconANGLE, Nov 18, 2025
- YesSkills for AI coding toolsPublishes skill files to the agentskills.io spec, plus a Developer Docs MCP server, so coding agents get Vanta-specific guidance.developer.vanta.com/llms.txt, checked Nov 3, 2026
- MixedSite and docs AI tools can readvanta.com/llms.txt returns 404. The developer hub and help center each have one, about 94,000 and 97,000 characters.checked Nov 3, 2026
- YesLets AI crawlers read its siterobots.txt names no AI bots, so GPTBot and ClaudeBot fall under the general rule. It blocks a few paths such as /equity, /search and one paralegal careers page.checked Nov 3, 2026
Where Vanta puts AI to work.
- 1Claude writes the fix instructionsVanta built a feature on Anthropic's Claude that writes code-level fixes for failed compliance tests. Anthropic's case study reports a 113% rise in internal developer use of AI tools within two months.Anthropic case study (undated), via casestudies.com
- 2Audits its own AI useVanta got ISO 42001 certified in April 2025 and runs an AI impact assessment for each AI feature. It says it does not train models on customer data.Vanta, Apr 24, 2025
Fewer listings than on Sep 7, most of them in engineering.
What has to be true for $4.15 billion to hold?
The starting revenue is Vanta's own reported figure. A way to think, not a forecast, and not investment advice.
At 14x, Vanta needs $296 million of revenue to be worth $4.15 billion. Your world gets there with $588 million, so the next round likely prices above the last.
$100,000 of equity valued at the $4.15B Series D price would be worth about $198,361 on paper in this world, before dilution from new rounds, taxes and vesting. Private shares only turn into cash at a sale, an IPO or a tender offer.
A way to think, not a forecast, and not investment advice.
SiliconANGLE, Jul 23, 2025; Vanta, Apr 2026The signals, and which way they push.
- TailwindAI tools create new risks to track.
Vanta's data shows 70% of companies have unapproved AI tools in use, and LLM vendors are 52% likelier to be rated high risk.
- TailwindGrowth rose four quarters running.
ARR passed $300M nine months after $200M, with net revenue retention reported above 100% and rising.
- TailwindMoving up to bigger customers.
The Agentic Trust Platform added multi-workspace views and risk mapping for large firms. Samsara used the agent to cut 820 controls to about 260.
- HeadwindRivals are well funded.
AuditBoard has private equity owner Hg behind it after a $3B+ buyout, and Drata raised at $2B. Big platforms like ServiceNow also sell risk tools.
Where Vanta ends up, if we had to bet.
Our calls, not facts. Each one is tied to something that already happened, so you can judge the reasoning.
- 1
Vanta lists on a US exchange by 2031.
Coin flip 50%IPOIt passed $300M ARR and hired a CFO who prepared Seismic for an IPO. But the CEO would not discuss a listing, and growth this strong lets it stay private.
Vanta release via Security Senses, Jun 9, 2026; Fortune, Apr 2026 - 2
Vanta buys several more small companies to widen its risk products.
Likely 72%M&AIt bought Riskey in 2025 and Trustpage earlier. The Series D was raised partly to expand into third-party risk and government compliance.
Vanta, Jul 17, 2025; SiliconANGLE, Nov 2025 - 3
Vanta passes $1B of ARR by 2031.
Coin flip 50%RevenueIt took about two years to triple to $300M. Holding that pace as it grows is hard and not guaranteed.
Fortune, Apr 29, 2026 - 4
Most routine compliance work inside Vanta accounts is done by its agent, not people.
Likely 72%AIAgent 2.0 already gathers evidence, answers questionnaires and reviews vendors. The MCP server lets outside agents do the same tasks.
SiliconANGLE, Nov 18, 2025 - 5
Vanta is still the leading compliance tool for startups and mid-size firms in 2031.
Coin flip 50%CompetitionIt has about 16,000 customers and most top AI startups. Rivals have big backers, and AI could make basic evidence collection cheap for anyone.
Vanta, Apr 29, 2026
Read by the Still Remote research agent on November 3, 2026 from the sources linked on this page. Facts and scenarios only, not investment advice.