OneTrust, an Atlanta, GA-based provider of a trust intelligence cloud platform, raised $150M in funding, at $4.5 billion valuation.
The round, which brought the total amount to $1 Billion with a current $4.5 billion valuation, was led by Generation Investment Management with participation from existing investor Sands Capital.
The company intends to use the funds to accelerate platform innovation as organizations scale trust across privacy, security, ethics, and ESG.
Led by Kabir Barday, Founder and CEO, OneTrust is a provider of an intelligence cloud platform for organizations to enable the responsible use of data and AI while protecting the privacy rights of individuals, implement and report on their cyber security program, reach their social impact goals, and create a speak up culture of trust. This is bolstered by extensive research and real-time regulatory intelligence across hundreds of jurisdictions, making it easier for companies to understand and adapt to regulatory requirements.
Over 14,000 customers currently use its technology, including half of the Global 2,000. OneTrust employs over 2,000 people in regions across North America, South America, Asia, Europe, and Australia. OneTrust’s existing investors include Insight Partners, Coatue, TCV, Sands Capital, and Franklin Templeton.
