The compliance sector has become a critical area for startups, with 18 companies reaching unicorn status. This group includes companies like Deel, which helps with global team management and has a valuation of $17 billion.
Other major players include OneTrust, a data governance platform that has raised $2.1 billion in funding.
Below is the full list of 18 Compliance unicorn startups at this time.
Top 10 Most Valuable Compliance Unicorns
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Get the Sheet for $50Deel builds a unified platform for companies to hire, pay, and manage their global teams. They simplify the complexities of international employment by handling everything from local payroll and compliance to benefits and HR.
| Valuation | $17B (Joined April 2021) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2019 |
| Founders | Alex Bouaziz, Ofer Simon, Shuo Wang |
| Funding Amount | $1.3B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series E |
| Top Investors | Y Combinator, Franklin Templeton, General Catalyst, Andreessen Horowitz, Spark Capital |
Armis develops an agentless cybersecurity platform that gives companies full visibility of all their connected assets. Their technology helps security teams manage their entire attack surface and respond to threats in real time.
| Valuation | $6B |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2015 |
| Founders | Nadir Izrael, Tomer Schwartz, Yevgeny Dibrov |
| Funding Amount | $1.3B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | General Catalyst, Georgian, Bain Capital Ventures, Sequoia Capital, Insight Partners |
OneTrust builds a trust intelligence platform designed to help organizations navigate the complexities of data privacy, security, and governance. Their software enables businesses to centralize their trust management programs, from ensuring regulatory compliance to managing ethical AI deployment.
| Valuation | $5B (Joined July 2019) |
| Headquarters | Atlanta, Georgia, United States |
| Year Founded | 2016 |
| Founders | Kabir Barday |
| Funding Amount | $2.1B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Generation Investment Management, Sands Capital Ventures, Insight Partners, Franklin Templeton, Coatue |
Vanta created a trust management platform that automates the complex process of security compliance. Their software helps businesses achieve and maintain certifications like SOC 2 and ISO 27001 through continuous monitoring and simplified risk management.
| Valuation | $4.15B (Joined June 2022) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2018 |
| Founders | Christina Cacioppo, Erik Goldman |
| Funding Amount | $503M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series D |
| Top Investors | South Park Commons, Wellington Management, Craft Ventures, Pear VC, Sequoia Capital |
G-P provides a global growth platform that lets companies hire talent in new countries without setting up local entities. Their Employer of Record (EOR) solution manages critical HR functions like international payroll, benefits, and legal compliance.
| Valuation | $4B |
| Headquarters | Boston, Massachusetts, United States |
| Year Founded | 2012 |
| Founders | Nicole Sahin |
| Funding Amount | $350M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | Sands Capital Ventures, Vista Credit Partners, TDR Capital, Wincove |
Quantexa builds a decision intelligence platform that helps organizations uncover hidden risks and identify new opportunities by connecting internal and external data. Their technology is used across the public and private sectors to create a single contextual view for tackling financial crime, managing risk, and improving customer intelligence.
| Valuation | $3B (Joined April 2023) |
| Headquarters | London, England, United Kingdom |
| Year Founded | 2016 |
| Founders | Imam Hoque, Vishal Marria |
| Funding Amount | $545M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | Warburg Pincus, Dawn Capital, BNY, Accenture, HSBC |
RigUp operates a workforce marketplace for the energy sector, connecting skilled laborers with companies for contract work. The platform streamlines the entire administrative process, helping businesses manage everything from payroll and billing to compliance.
| Valuation | $3B |
| Headquarters | Austin, Texas, United States |
| Year Founded | 2014 |
| Founders | Michael Witte, Sandeep Jain, Xuan Yong |
| Funding Amount | $752.5M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Andreessen Horowitz, BoxGroup, Founders Fund, Franklin Templeton, FJ Labs |
Remote builds a global HR platform to help companies hire, manage, and pay international employees and contractors. Their all-in-one solution simplifies the complexities of international payroll, benefits, taxes, and compliance for distributed teams.
| Valuation | $3B (Joined July 2021) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2019 |
| Founders | Job van der Voort, Marcelo Lebre, Nicholas Macario |
| Funding Amount | $496M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Accel, Gaingels, General Catalyst, Index Ventures, Sequoia Capital |
Zip builds an intake-to-procure platform that gives employees a single front door for any purchase or new vendor request. Their system then orchestrates the entire approval workflow, providing clear visibility to finance, legal, and IT teams.
| Valuation | $2.2B (Joined May 2022) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2020 |
| Founders | Eyas Kelani, Lu Cheng, Rujul Zaparde |
| Funding Amount | $371.3M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Tiger Global Management, Bond, CRV, Y Combinator, Adams Street Partners |
Alloy builds an identity verification platform that helps banks and fintech companies combat fraud and simplify identity management. Their API-driven tools automate complex identity decisions, allowing financial institutions to onboard customers safely and efficiently.
| Valuation | $2B (Joined September 2021) |
| Headquarters | New York, New York, United States |
| Year Founded | 2015 |
| Founders | Charles Hearn, Laura Spiekerman, Tommy Nicholas |
| Funding Amount | $216.7M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | Canapi Ventures, Primary Venture Partners, Lightspeed Venture Partners, Bessemer Venture Partners, Techstars |
The Remaining 8 Compliance Unicorns
The most valuable companies are just one piece of the compliance scene. Most of the other major players are based in the United States, and together they have raised close to $3 billion.
Each of these companies is growing quickly and solving important problems for their customers. Here’s a look at the other unicorns helping to define the compliance industry.