Vanta Announces $150M Series C Financing Led by Sequoia Capital

Gunderson Dettmer represented client Vanta, a startup using AI to automate security compliance, in its $150 million Series C financing led by Sequoia Capital. Vanta gives startups an easy-to-use set of tools to improve their security accelerating the company’s mission of a secure internet. Vanta will use the new financing to invest in areas of tremendous leverage: accelerating its upmarket momentum by displacing manual, cumbersome GRC tools, and deepening its global presence, particularly in the UK and Australia.

In the announcement of the transaction, Vanta CEO and cofounder Christina Cacioppo said, “‍We’re in the early innings of building an enduring product and company that will define what it means to be trustworthy in an AI world. Thank you to our customers, partners, and Vanta’ns globally for building the future of trust with us.”

The Gunderson Dettmer deal team was led by Steve Baglio and Heidi Walas, and included Caroline Ceriello and Alex VanDerKolk.

Companies
Vanta
Sequoia Capital