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OneTrust
Cybersecurity
OneTrust is an Atlanta-based privacy, security, and governance software company providing tools to support privacy and compliance workflows.
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OneTrust was founded in 2016 by Kabir Barday, launching shortly before the European Union's General Data Protection Regulation (GDPR) took effect in 2018, a sweeping data privacy regulation that imposed extensive new compliance obligations on companies handling personal data of EU residents, creating substantial and urgent demand for software tools that could help companies manage the significant operational compliance requirements GDPR and subsequent similar privacy laws in other jurisdictions, such as the California Consumer Privacy Act, introduced, including requirements around obtaining and managing user consent for data collection, responding to individual data subject access requests, and maintaining detailed records of what personal data an organization holds and how it's being used. OneTrust's platform provides tools spanning privacy management, including consent management for websites and apps, automated handling of data subject access and deletion requests, and privacy impact assessment workflows; broader governance, risk, and compliance (GRC) management tools; and, as the company expanded its scope significantly beyond privacy specifically, trust and ethics management tools covering areas such as third-party risk management, ESG (environmental, social, and governance) reporting, and broader corporate compliance and ethics program management. This expansion reflected a broader strategic bet that many of the underlying capabilities needed for privacy compliance, such as data mapping, risk assessment, and policy management workflows, could be extended to address a much broader range of corporate governance, risk, and compliance needs beyond privacy specifically, positioning OneTrust as a more comprehensive "trust intelligence" platform rather than a narrower privacy compliance point solution. OneTrust experienced extremely rapid early growth given the urgent compliance deadline pressure created by GDPR and subsequent privacy regulations in other jurisdictions, becoming one of the fastest-growing software companies to reach unicorn status. The company has raised very substantial venture funding from investors including SoftBank Vision Fund, Insight Partners, and TCV, reaching a valuation exceeding $5.3 billion, competing with other privacy and governance, risk, and compliance software vendors including TrustArc and various point solutions for specific compliance functions.
FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.
