“Can compliance automation become the default trust infrastructure layer for every B2B SaaS company seeking enterprise customers?”
Drata was founded around 2020 to automate security compliance workflows — initially targeting SOC 2 and GDPR compliance for B2B SaaS companies. The platform grew rapidly by packaging continuous monitoring and evidence collection into a turnkey product, enabling companies to pass audits faster. Drata expanded its framework coverage and added a Trust Center product, positioning itself as the compliance infrastructure layer for cloud-native businesses. There is no evidence of an embedded finance pivot — the company remains squarely in compliance SaaS.
Drata integrates with Xero.
The Embedded Finance Index 2026 maps 2 layers in Drata's stack: Unified APIs (Apideck); Accounting (Xero).
Drata was founded by Adam Markowitz and is founded in 2020, headquartered in San Diego, California, USA.
Drata has raised $500M+ in total (latest round: Series C, 2022; valuation: $2B post-money (2022)).
Get a read on where your own stack stands against Drata and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.