Side-by-side comparison of AI visibility scores, market position, and capabilities
$100M ARR Feb 2025 (+61% YoY from $59M 2023); $2B valuation Dec 2022; $420M+ total funding; 7,000 customers (+55% YoY); 23 compliance frameworks; customers: Notion, OpenAI, PagerDuty; GRC market $15B 2025; compliance automation leader
Drata is a continuous security and compliance automation platform founded in 2020 by Adam Markowitz, Daniel Marashlian, and Waldo Grunewald in San Diego, California, built to automate the evidence collection, control monitoring, and audit preparation workflows that security compliance programs require. The company was founded by executives who had previously built and sold a compliance-adjacent company (Portfolium to Instructure) and experienced firsthand the manual burden of preparing for SOC 2 audits — a process that consumed weeks of engineering and operations time and had to be repeated annually. Drata's founding insight was that the evidence for compliance controls already exists in cloud infrastructure, identity providers, and SaaS tools, and that automating its continuous collection could transform compliance from a periodic scramble into an always-on, auditor-ready state.\n\nDrata's platform automates compliance across 23 frameworks including SOC 2, ISO 27001, HIPAA, PCI DSS, GDPR, CCPA, and FedRAMP, connecting to 200+ integrations across cloud providers, identity systems, endpoint management, ticketing tools, and HR platforms to continuously collect evidence and monitor control status. The platform provides a real-time compliance dashboard, automated risk management, vendor management, employee security training, and access reviews. Drata's in-platform auditor collaboration capability allows audit firms to access evidence directly, replacing email chains and shared drives with a structured audit workflow. The company serves technology companies, healthcare organizations, financial services firms, and any company needing to demonstrate security compliance to enterprise customers.\n\nDrata reached $100 million in annual recurring revenue in February 2025, up 61% year over year, and serves over 7,000 customers — up 55% year over year. The company holds a $2 billion valuation with more than $420 million in total funding from investors including Salesforce Ventures, Iconiq Growth, Alkeon Capital, and GGV Capital. Its rapid ARR growth, exceptional customer expansion rate, and expanding framework coverage position Drata as the market leader in continuous compliance automation as security and regulatory requirements become a prerequisite for enterprise software sales.
Kong-acquired (2019) open-source API testing and development platform with 1M+ users; Insomnia 10 added AI Runner, competing with Postman for the API client developer tooling market.
Insomnia is an open-source API development and testing platform that provides developers with a powerful client for designing, debugging, and testing REST, GraphQL, SOAP, and WebSocket APIs — offering an intuitive interface for crafting API requests, inspecting responses, organizing API collections, and writing automated tests without the complexity of commercial alternatives. Founded in 2014 by Gregory Schier in Victoria, Canada, Insomnia was acquired by Kong (the leading API management company) in October 2019 and has grown to over 1 million users as of September 2024.
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