Spotlight on: OneTrust
HQ: Atlanta, GA
No. of Employees: 2,000
Institutional Investors:
- Family Angel Management Fund
- Franklin Templeton
- SoftBank Investment Advisers
- Tola Capital
- Workday Ventures
Twitter: @OneTrust
Post Valuation: $7.00B
Summary: Developer of a technology platform designed for tackling privacy management. The company's comprehensive, integrated, technology based services include readiness and privacy impact assessments, data inventory and mapping automation, website scanning and consent management, subject rights requests, incident reporting and vendor risk management, helping businesses globally to comply with data privacy regulations across sectors and jurisdictions, including the EU GDPR and privacy shield.
The company raised $210 million of Series C venture funding in a round led by SoftBank Group on April 6, 2021. Franklin Templeton, Insight Partners, TCV and Coatue also participated in the round. Previously, the company raised $300 million of Series C venture funding in a deal led by TCV on December 21, 2020, putting the company's pre-money valuation at $4.8 billion. Insight Partners, Coatue Management, Workday Ventures, Tola Capital, and other undisclosed investors also participated in the round. Prior to that, the company raised $210 million of Series B venture funding in a deal led by Insight Partners and Coatue Management on February 20, 2020, putting the company's pre-money valuation at $2.49 billion. Other undisclosed investors also participated in this round.
To learn more about OneTrust, go to https://onetrust.com/.
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Source: Pitchbook, Dec. 2021
Published January 25, 2022.
