OneTrust is a management software startup that empowers organizations to cultivate trust intelligence and navigate the evolving landscape of data privacy, security, and compliance. By leveraging cutting-edge technology, including artificial intelligence and machine learning, OneTrust enables organizations to automate and streamline their privacy, security, and compliance programs. This empowers companies to build trust-driven relationships with their customers while ensuring regulatory compliance.
OneTrust has raised $150 million in a funding round led by new investor Generation Investment Management with participation from existing investor Sands Capital, valuing the software company at $4.5 billion.
OneTrust, Atlanta, Georgia, United States, was founded in 2016 by Kabir Barday. “Our solutions have never been more mission critical. In the face of changing regulations and new business initiatives like AI, organizations need the technology to drive trust to the center of their operations and manage the complex web of privacy, security, ethics, and ESG requirements,” said Kabir Barday, founder, CEO, and chairman of OneTrust. “We are focused on delivering strong customer experiences and will continue to evolve our platform as our customers’ needs grow. This funding is a testament to our sustained growth, market leadership, and customer-centric innovation. We are pleased to be working with Generation.”