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Good lore:
In 2018, Christina estimated the entire SOC2 compliance market at just $100M.
Vanta alone now does far more revenue than that. They made compliance easy, so customers started demanding it.
Some early investors didn’t buy the TAM either- They bet on Christina, thinking she’d pivot into something bigger.
Instead, by the Series A, Vanta was doing ~$10M ARR (w/ only $3M seed) and raised $50M at $500M from Sequoia.
Also, a score for VCs-turned-founders: Christina worked at USV.
Congrats @TrustVanta & @christinacaci!

23.7. klo 20.22
Today, we’re announcing @TrustVanta's Series D and new valuation – $4.15 billion – led by @Wellington_Mgmt alongside @sequoia, @ycombinator, @CrowdStrike, @GoldmanSachs, @jpmorgan, @craft_ventures, and @Atlassian.
Vanta’s mission is to help businesses earn and prove trust.
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