Funding round
Vanta Series A
Vanta, which works in AI-Powered trust management solutions in San Francisco, raised $50M in a Series A round announced on 4 May 2021, led by Sequoia Capital, at a $500M post-money valuation. 2 firms took part, 1 of them already investors. It is Vanta's second venture round on record; the one before was a Seed in Jan 2018.
$50M
Amount raised
$500M
Post-money valuation
$450M pre-money
2
Investors
1 lead
10%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Vanta at $500M after the new money. The $50M bought investors about 10% of the company. It came 40 months after Vanta's Seed. It is 11% of the $463M Vanta has raised in the venture rounds on record. Vanta raised again 13 months later: a Series B round of $110M in Jun 2022, at $1.60B post-money.
Vanta's funding rounds
Vanta has 5 venture rounds on record. This one is highlighted.
- Seed 1 Jan 2018 $3.0M
- Series A this round 4 May 2021, led by Sequoia Capital $50M$500M post-money
- Series B 8 Jun 2022, led by Craft Ventures $110M$1.60B post-money
- Series C 24 Jul 2024, led by Sequoia Capital $150M$2.45B post-money
- Series D 23 Jul 2025, led by Wellington Management $150M$4.15B post-money
Investors
Who put money in
Sequoia Capital led the round with 1 other firm. Y Combinator had backed Vanta before.
Lead investor
- Sequoia Capital backs 589 venture-backed companies new investor
Also in the round
- Y Combinator backs 1,295 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,741 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 4.2 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Forte Tech Companies | 20 May 2021 | $185M | $1.00B | Griffin Gaming Partners |
| Anthropic Tech Companies | 28 May 2021 | $124M | $550M | Ambient Sound Investments |
| Tech Companies | 26 May 2021 | $50M | not disclosed | Morgan Stanley |
| Tech Companies | 23 May 2021 | $43M | not disclosed | Apax Partners |
| Tech Companies | 24 May 2021 | $40M | not disclosed | Morningside Technology Ventures |
| Tech Companies | 26 May 2021 | $35M | not disclosed | Guidepost Growth Equity |
| Tech Companies | 11 May 2021 | $33M | not disclosed | Maveron and Corner Ventures |
| Tech Companies | 25 May 2021 | $26M | not disclosed | Benchmark |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Vanta raise in its Series A round?
Vanta raised $50M in its Series A round, announced in May 2021.
Who led Vanta's Series A round?
Sequoia Capital led it, with Y Combinator.
What was Vanta's valuation at the Series A round?
$500M post-money ($450M pre-money).
How does it compare with other Series A rounds in Tech Companies?
1,741 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 4.2 times the median.
Did Vanta raise again after this round?
Yes: a Series B round in Jun 2022 of $110M at $1.60B post-money.