What is DataGrail?
DataGrail provides a comprehensive platform designed to help businesses navigate the complexities of existing and emerging privacy regulations, including GDPR and CCPA. The service offers a real-time, 360-degree view of applications and the personal data they hold, enabling organizations to manage privacy request workflows and email preferences across their entire system landscape. Headquartered in San Francisco, California, DataGrail addresses a critical need for robust data privacy management in today's digital environment.
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 Okta, HubSpot, Basis Set Ventures, Operator Collective, and Felicis Ventures
Series C (2022): $45M featuring Operator Collective, Third Point Ventures, Felicis Ventures, Sixty Degree Capital, and Thomson Reuters Ventures
Key Investors in DataGrail
Operator Collective
Operator Collective is an early-stage B2B venture firm that connects founders with exceptional enterprise operators, focusing on providing support and resources to help companies scale effectively.
Felicis Ventures
Felicis Ventures is a Menlo Park-based venture capital firm that invests in early and growth-stage technology companies across sectors such as SaaS, AI, and fintech, typically leading seed and Series A rounds.
Sixty Degree Capital
Sixty Degree Capital is a global investment firm specializing in healthcare and technology sectors, with over $620M in assets under management, focusing on areas such as AI, cybersecurity, and digital health.
What's next for DataGrail?
With its recent major strategic investment, DataGrail is poised for accelerated growth and enhanced market penetration. The company's focus on compliance automation and real-time data mapping positions it as a key player in the privacy tech industry. Future developments are likely to include expanding its platform capabilities to address new privacy mandates and further integrating with a wider array of business applications. The substantial funding indicates investor confidence in DataGrail's ability to scale and meet the increasing global demand for privacy compliance solutions.
See full DataGrail company page
