Onetrust Secures $150M Investment Led By Generation Investment Management
Jul 24, 2023•over 2 years ago
Amount Raised
$150 Million
Investors
Sands CapitalGeneration Investment Management
Description
OneTrust, the market-defining leader for trust intelligence, today announced a $150 million funding round. This capital will bolster OneTrust's continued growth to meet customer demand for trust intelligence software. The round was led by new investor Generation Investment Management with participation from existing investor Sands Capital, bringing the total funds raised to date to over $1 billion with a current $4.5 billion valuation.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech