Drata laid off approximately 40 employees, reported as about 9% of its workforce, citing a move toward sustainable growth.
SourcePublic company, workplace, funding, and market signals
Updated Aug 5, 2026
Drata is a privately held SaaS company providing an AI-native continuous trust-management platform. It helps organizations automate compliance and audit readiness, manage governance/risk/security controls, collect evidence continuously, answer security reviews, publish trust centers, and govern AI agents. Drata reports 8,000–8,500+ customers globally as of 2026.
Primary product
Drata Agentic Trust Management Platform: automated compliance and GRC, continuous control monitoring and evidence collection, risk management, security reviews/questionnaires, trust centers, and AI-agent governance.
Founded
2020
Headquarters
San Francisco, California, United States
Team size
500–1,000; third-party estimates range from approximately 513 to 675 in 2026
Work style
Hybrid
Industry
Software development / enterprise software
Sub-industry
Security, compliance automation, governance-risk-compliance (GRC), trust management
Offices
Business model
Stage
Private, venture-backed, generating revenue; latest publicly disclosed priced round was Series C
Total raised
$328.2M
Latest round
Series C · Dec 2022
Latest amount
$200M
Dec 2022 · ICONIQ Growth and GGV Capital
Nov 2021 · ICONIQ Growth
Jun 2021 · GGV Capital
Jan 2021 · Cowboy Ventures
Leadership
Co-Founder and Chief Executive Officer
Co-Founder and Chief Technology Officer
Co-Founder and Chief Operating Officer
Adam Aarons
Chief Revenue Officer
Aneal Vallurupalli
Chief Financial Officer
Investors
Drata describes its culture around engineering trust, integrity, ownership, high standards, perspective-taking, and purposeful automation. Current Bay Area engineering postings describe a thoughtful hybrid model with in-office collaboration Tuesday–Thursday and flexible Mondays/Fridays; some roles are remote by geography or function.
Work style
Hybrid
Compensation
Public postings emphasize total rewards and competitive compensation, but no company-wide compensation bands were established from the available evidence. Benefits and occasional role-specific salary ranges are the clearest public compensation signals.
Benefits
Pricing
Enterprise SaaS subscription; public evidence indicates packaging by compliance/GRC scope, frameworks, users, integrations, and modules, with pricing generally quote-based rather than openly published. Drata integrations are included with a Drata SaaS subscription.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Approximately $100M–$150M annual revenue/ARR range; Drata said it was nearing $100M ARR in February 2025, while third-party estimates place annual revenue around $100M or $100M–$150M in 2026.
Drata laid off approximately 40 employees, reported as about 9% of its workforce, citing a move toward sustainable growth.
SourceDrata acquired governance and automation company Harmonize.io.
SourceDrata acquired cloud security platform Oak9.
SourceDrata acquired SafeBase for a reported $250 million; SafeBase continued as a standalone product while its trust-center capabilities were integrated into Drata.
SourceChannel Life · Aug 2026
Coverage of Drata’s discover-monitor-govern approach for AI agents, including inventory, policy enforcement, drift monitoring, and audit evidence.
Business Wire / FinancialContent · Aug 2026
Drata announced limited availability of AI Agent Governance, initially focused on Anthropic, with OpenAI, Google Vertex AI, and AWS Bedrock coverage in development.
YipitData · May 2026
YipitData’s software-spend signals characterize Drata as stronger in enterprise adoption and spend while Vanta leads mid-market scale; it reports Drata headcount around 707 and declining.
Drata / LinkedIn · Feb 2026
Drata reported 8,000+ customers in 80+ countries, 190% enterprise customer growth, and 60% year-over-year revenue growth.
TechCrunch · Feb 2025
Reports the $250M SafeBase acquisition, Drata’s customer and revenue scale, 2024 layoffs, and earlier Harmonize.io and Oak9 acquisitions.
39 jobs at Drata