Total amount raised
$2.1 Billion
Latest funding date
8/1/2023
Location
OneTrust has successfully raised funding over six rounds, with notable investors including Generation Investment Management and Sands Capital Ventures. The company has also made strategic investments in organizations like The Felix Project, showcasing its commitment to diverse and impactful initiatives.
OneTrust's platform is designed to prevent data misuse and enable fast governance, integrating privacy, risk, data, and compliance workflows. Keep reading to explore the intricacies of OneTrust's fundraising journey and the investors backing this innovative platform.
What Is OneTrust?
OneTrust is an AI-Ready Governance platform that helps organizations accelerate innovation while ensuring responsible data use. The company operates in various industries, including Artificial Intelligence, Compliance, Cyber Security, Data Governance, Information Technology, and Software.
Founded in Atlanta, Georgia, OneTrust has a significant employee base ranging from 1001 to 5000 employees. The platform connects privacy, risk, data, and compliance workflows, enabling continuous monitoring and automated controls.
How Much Funding Has OneTrust Raised?
- Series A
- Amount Raised: USD 200,000,000
- Date: July 2019
- Lead Investors: Insight Partners
- Valuation at Round: USD 1,300,000,000
- Motivation Behind the Round: To expand OneTrust's platform and services, ensuring compliance with privacy, trust, and risk laws.
- Series B
- Amount Raised: USD 210,000,000
- Date: February 2020
- Lead Investors: Coatue
- Valuation at Round: USD 2,700,000,000
- Motivation Behind the Round: To support the company's rapid growth and meet increasing customer demand for trust and compliance solutions.
- Series C
- Amount Raised: USD 300,000,000
- Date: December 2020
- Lead Investors: TCV
- Valuation at Round: USD 5,100,000,000
- Motivation Behind the Round: To further develop OneTrust's platform and solidify its market leadership in trust and compliance solutions.
- Series C
- Amount Raised: USD 210,000,000
- Date: April 2021
- Lead Investors: SoftBank Vision Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate platform innovation and expand global reach.
- Secondary Market
- Amount Raised: USD 1,000,000,000
- Date: March 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
- Series Unknown
- Amount Raised: USD 150,000,000
- Date: July 2023
- Lead Investors: Generation Investment Management
- Valuation at Round: USD 4,500,000,000
- Motivation Behind the Round: To meet customer demand for trust intelligence software and continue platform innovation.
Total Amount Raised: USD 2,070,000,000. Current Valuation: USD 4,500,000,000.
Key Investors
- Generation Investment Management
- Details: Generation Investment Management is a firm that focuses on long-term investing and integrates sustainability research within a rigorous framework of traditional financial analysis. They led the latest $150 million funding round for OneTrust.
- Investment Focus Areas: Sustainability, data privacy, security
- Notable Investments: OneTrust
- Sands Capital
- Details: Sands Capital is an existing investor in OneTrust and participated in the latest funding round. They typically invest in high-growth companies across various sectors.
- Investment Focus Areas: Technology, healthcare, consumer sectors
- Notable Investments: Not publicly disclosed
- Insight Partners
- Details: Insight Partners is an existing investor in OneTrust, known for supporting high-growth technology companies. They have been involved in multiple funding rounds for OneTrust.
- Investment Focus Areas: Technology, software, internet
- Notable Investments: Not publicly disclosed
- Coatue
- Details: Coatue is a technology-focused investment firm that has supported OneTrust in previous funding rounds. They are known for their investments in high-growth sectors.
- Investment Focus Areas: Technology, media, telecommunications
- Notable Investments: Not publicly disclosed
- TCV
- Details: TCV is a venture capital firm that has invested in OneTrust, focusing on high-growth technology companies. They participated in the Series C funding round.
- Investment Focus Areas: Technology, internet, software
- Notable Investments: Not publicly disclosed
What's Next for OneTrust?
OneTrust stands at the cusp of significant opportunities, driven by the growing importance of data privacy and trust intelligence. With a recent $150 million funding round, the company is poised to expand its platform and services, meeting the increasing demand for comprehensive trust management solutions across privacy, security, ethics, and ESG. The data privacy compliance market, still in its early stages, offers substantial growth potential, with OneTrust already holding a leading market share.
Future fundraising opportunities appear promising as OneTrust continues to innovate and adapt to the evolving regulatory landscape. The company's strong market position and the increasing complexity of data privacy issues are likely to attract further investments from both existing and new investors. However, challenges such as navigating the rapidly changing regulatory environment and managing the growing volume of data privacy concerns will require continuous innovation and strategic planning.
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