What is DataGrail?
DataGrail empowers businesses to achieve effortless compliance with evolving privacy legislation, including GDPR and CCPA. The platform offers a real-time, 360-degree view of application usage and maps associated personal data across all systems. Furthermore, DataGrail facilitates the management of privacy request workflows and email preferences across a company's digital footprint. This comprehensive approach positions DataGrail as a critical partner for companies prioritizing data protection and regulatory adherence in the enterprise software sector.
How much funding has DataGrail raised?
DataGrail has raised a total of $84M across 4 funding rounds:
Series A
$4M
Other Financing Round
$5M
Series B
$30M
Series C
$45M
Series A (2018): $4M, investors not publicly disclosed
Other Financing Round (2019): $5M led by Okta Ventures and Cloud Apps Capital Partners
Series B (2021): $30M supported by Operator Collective, Okta, HubSpot, Basis Set Ventures, and Felicis Ventures
Series C (2022): $45M featuring Operator Collective, Third Point Ventures, Thomson Reuters Ventures, Felicis Ventures, and Sixty Degree Capital
Key Investors in DataGrail
Operator Collective
Operator Collective is an early-stage B2B venture firm that connects founders with exceptional enterprise operators. Backed by top-tier institutions and over 200 leading tech operators, the firm focuses on providing support and resources to help companies scale effectively.
Felicis Ventures
Feliciss is a Menlo Parkbased venture capital firm that raises multistage funds to invest in early and growthstage technology companies across sectors such as SaaS, AI, fintech, and consumer, typically leading seed and Series A rounds and supporting founders through scaleup and exit.
Sixty Degree Capital
Sixty Degree Capital is a global investment firm specializing in healthcare and technology sectors, with over $620M in assets under management. The firm partners with visionary founders to accelerate the growth of high-potential companies, focusing on areas such as AI, cybersecurity, drug development, and digital health.
What's next for DataGrail?
The substantial enterprise-level capital infusion signifies DataGrail's strong market position and its capacity for accelerated growth and innovation. This strategic backing is expected to fuel further development of its privacy management platform, enhance its go-to-market strategies, and potentially expand its global reach. As data privacy concerns continue to escalate, DataGrail is well-positioned to capitalize on market demand, further solidifying its leadership in the SaaS privacy compliance landscape.
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