Funding round
OneTrust Series A
OneTrust, which works in AI-Driven governance solutions development in Atlanta, raised $200M in a Series A round announced on 11 Jul 2019, led by Insight Partners, at a $1.30B post-money valuation. 1 firm took part. It is OneTrust's first venture round on record.
$200M
Amount raised
$1.30B
Post-money valuation
1
Investors
1 lead
15%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced OneTrust at $1.30B after the new money. The $200M bought investors about 15% of the company. It is OneTrust's first venture round on record, 3 years after it was founded in 2016. It is 23% of the $860M OneTrust has raised in the venture rounds on record. OneTrust raised again 7 months later: a Series B round of $210M in Feb 2020, at $2.70B post-money.
OneTrust's funding rounds
OneTrust has 4 venture rounds on record. This one is highlighted.
- Series A this round 11 Jul 2019, led by Insight Partners $200M$1.30B post-money
- Series B 20 Feb 2020, led by Coatue and Insight Partners $210M$2.70B post-money
- Series C 21 Dec 2020, led by Technology Crossover Ventures $300M$5.10B post-money
- Growth 24 Jul 2023, led by Generation Investment Management $150M$4.50B post-money
Investors
Who put money in
Insight Partners led the round.
Lead investor
- Insight Partners backs 548 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
955 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.2M, and this round was 24 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 23 Jul 2019 | $79M | not disclosed | Cannae Holdings, Inc. and Motive Partners |
| Tech Companies | 29 Jul 2019 | $23M | not disclosed | Intel Capital |
| Tech Companies | 30 Jul 2019 | $15M | not disclosed | Accel |
| Tech Companies | 15 Jul 2019 | $15M | not disclosed | not named |
| NEAR Tech Companies | 10 Jul 2019 | $12M | not disclosed | Accomplice and MetaStable Capital |
| Tech Companies | 30 Jul 2019 | $12M | not disclosed | Sequoia Capital |
| Tech Companies | 23 Jul 2019 | $11M | not disclosed | Foundry |
| Consensys Tech Companies | 1 Jul 2019 | $10M | not disclosed | not named |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did OneTrust raise in its Series A round?
OneTrust raised $200M in its Series A round, announced in Jul 2019.
Who led OneTrust's Series A round?
Insight Partners led it.
What was OneTrust's valuation at the Series A round?
$1.30B post-money.
How does it compare with other Series A rounds in Tech Companies?
955 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.2M, and this round was 24 times the median.
Did OneTrust raise again after this round?
Yes: a Series B round in Feb 2020 of $210M at $2.70B post-money.