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OneTrust is a technology company.
OneTrust provides an AI-Ready Governance platform enabling innovation through the responsible use of data and artificial intelligence. Its technology centralizes governance from policy definition to operational runtime. The platform streamlines consent and preference management, enforces real-time data use policies, and automates privacy, technical risk, and third-party management processes.
Kabir Barday founded OneTrust in 2016, driven by the insight that responsible data use should foster innovation and trust, not restrict it. He recognized the emerging need for a unified platform to navigate complex data regulations and ethical considerations, prompting the development of the first dedicated technology solution for responsible data stewardship.
Organizations deploy OneTrust's platform to cultivate trust, manage risks, and exceed regulatory compliance. The company’s mission is to empower innovation through the ethical and responsible utilization of data and AI, envisioning trusted data as a transformative force for businesses and society.
OneTrust has raised $1.1B across 6 funding rounds.
Key people at OneTrust.
OneTrust was founded in 2016 by Kabir Barday (Founder, CEO).
OneTrust has raised $1.1B in total across 6 funding rounds.
OneTrust is valued at approximately $51.0M.
OneTrust was founded in 2016 by Kabir Barday (Founder, CEO).
OneTrust has raised $1.1B in total across 6 funding rounds.
OneTrust is valued at approximately $51.0M.
OneTrust's investors include Sands Capital, SoftBank, AIX Ventures, Andreessen Horowitz, Franklin Templeton Investments, Renegade Partners, Spark Capital, Greg Brockman, Coatue, Insight Partners, Thomas Laffont, Richard Wells.
OneTrust is a leading SaaS provider of governance, risk, and compliance (GRC) software, specializing in privacy, security, data protection, and AI governance.[1][2][5] Its unified platform automates compliance workflows, consent management, data mapping, third-party risk assessments, and regulatory adherence, serving over 14,000 customers worldwide—including 75% of the Fortune 100—with tools that process 3 billion consent transactions weekly.[1][2][4] The company targets enterprises navigating complex global regulations like GDPR and CCPA, solving scalability challenges in data governance amid AI proliferation, and reports strong growth with over $500 million in expected 2024 ARR, positive cash flow, and a $4.5 billion valuation as of 2023.[2]
OneTrust was founded in 2016 by Kabir Barday in Atlanta, Georgia, starting as a privacy compliance tool to address emerging global laws like GDPR and CCPA.[1][2] Barday, with a background in technology and compliance, identified the need for automated software amid rising data privacy demands, leading to rapid early traction through international expansion and product evolution into adjacent areas like third-party risk and security via acquisitions such as Convercent in 2021.[1][2] Pivotal moments include scaling to 14,000 customers, launching AI governance features in 2024-2025, and a 2022 workforce reduction of 25% (950 employees) due to market shifts, followed by refocused growth and divestitures like its Ethics & Compliance module to EQS Group in 2024.[1][2]
OneTrust rides the wave of exploding data privacy and AI regulations, where enterprises face fragmented compliance across 300+ jurisdictions amid AI-driven data risks.[1][2][5] Its timing aligns with post-GDPR/CCPA enforcement and 2024-2025 AI governance mandates, amplified by market forces like rising breach costs and vendor scrutiny, enabling scalable trust as a competitive edge.[1][2][4] By centralizing GRC for 75% of Fortune 100, it influences the ecosystem through benchmarks, automation standards, and partnerships (e.g., Microsoft, service integrators), reducing silos and fostering responsible innovation in a $500M+ ARR privacy tech market.[2][6][7]
OneTrust is poised to dominate AI governance and GRC as regulations tighten, with expansions in breach automation and model transparency driving next-phase growth beyond $500M ARR.[1][2][5] Trends like AI accountability laws and zero-trust security will shape its trajectory, potentially evolving its influence via deeper ecosystem integrations and global scaling to solidify its category-defining role in operationalizing trust.[1][2][6] This positions OneTrust not just as a compliance tool, but as essential infrastructure for data-driven enterprises.
Key people at OneTrust.
OneTrust has raised $1.1B across 6 funding rounds. Most recently, it raised $150.0M Other Equity in July 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 24, 2023 | $150.0M Other Equity | Sands Capital | |
| Apr 1, 2021 | $210.0M Series C | SoftBank | AIX Ventures, Andreessen Horowitz, Franklin Templeton Investments, Renegade Partners, Spark Capital, Greg Brockman |
| Dec 1, 2020 | OneTrust Valuation 2020-12-01 | Coatue, Insight Partners, Thomas Laffont, Richard Wells | |
| Dec 1, 2020 | $300.0M Series C | TCV | Accel, Atlantic Bridge, IA Ventures, Mike Kourey, Coatue, Insight Partners |
| Feb 20, 2020 | $210.0M Series B | Thomas Laffont, Richard Wells | |
| Jul 1, 2019 | $200.0M Series A | Insight | Insight Partners |