About Vanta
Vanta was founded in 2018 by Christina Cacioppo and Erik Goldman, based on the observation, similar to that of competitor Secureframe, that achieving common enterprise security compliance certifications such as SOC 2, a security audit certification that many enterprise software customers require their vendors to hold, had historically been a slow, manually intensive process requiring companies to gather and organize extensive documentation demonstrating their security practices, a particularly significant burden for smaller, earlier-stage technology companies that may need to achieve compliance certifications relatively early in their growth to satisfy enterprise customers' vendor security requirements, but that don't yet have dedicated compliance staff or established processes for managing this kind of certification effort.
Vanta's platform automates significant portions of the compliance certification and ongoing maintenance process by continuously monitoring a company's actual technical systems and cloud infrastructure configurations to automatically verify and document compliance with the specific security controls required for various compliance frameworks, including SOC 2, ISO 27001, HIPAA for healthcare-related companies, and various other common compliance standards, reducing the substantial manual effort that compliance teams would otherwise need to spend manually gathering and organizing evidence of proper security configurations across potentially dozens of different technical systems, and, importantly, continuing this automated monitoring on an ongoing basis to help companies maintain compliance between periodic formal audits, since most compliance certifications require ongoing evidence of continued compliance rather than only a one-time initial certification. The company has grown to become a widely adopted compliance automation platforms, becoming a widely adopted compliance automation platform that many growing technology companies, particularly software-as-a-service startups selling to enterprise customers, adopt relatively early in their growth specifically to accelerate achieving the security certifications their enterprise customers increasingly require as a condition of doing business. Vanta's customers span growing technology companies across many industries needing to achieve and maintain compliance certifications to satisfy enterprise customer security requirements. The company has raised very substantial venture funding from investors including Sequoia Capital, Y Combinator, and CRV, reaching a valuation exceeding $2.45 billion, competing directly with Secureframe and Drata.
