$300M/year SOC 2 for AI

TL;DR: As ISO 42001 becomes the "SOC 2 for AI companies" under the EU AI Act fully taking force in August 2026, with Microsoft, Anthropic, BCG, and UiPath already certifying and pulling their vendors along, Vanta is positioned to ride a second compliance wave that turns AI governance into table stakes for every enterprise procurement RFP. Sacra estimates Vanta hit $300M ARR in April 2026, up ~69% YoY. For more, check out our full report and dataset on Vanta.

Key points from our April 2026 update via Sacra AI:

Sacra estimates Vanta hit $300M ARR in April 2026, up ~69% year-over-year from April 2025 and up from $250M at the end of 2025, last valued at $4.15B from its July 2025 Series D for a ~18.8x multiple of its ~$220M ARR—compared to SOC-2 monitoring competitors Oneleet at $9M ARR in September 2025 & Drata at $98M in ARR in January 2025, up from $95M in 2024 (up 61% YoY), last valued at $2B from its December 2022 Series C for a ~66x multiple of its $30M ARR.
The March 2026 Delve scandal, where the YC-backed AI-native SOC-2 startup ($300M valuation, Insight Partners) allegedly used audit mills to generate 493 nearly-identical SOC 2 reports, is creating a tailwind for established & trusted players like Vanta, with affected Delve customers needing to redo their certifications and the broader market re-pricing the risk of cheap, fast compliance automation and AI.
AI governance is shaping up to be Vanta’s next big market as the international AI governance standard ISO 42001 becomes the new “SOC 2 for AI companies” under the EU AI Act (fully in force as of August 2026), with companies like Microsoft (for Copilot), Anthropic, BCG, and UiPath all certifying, increasing the pressure on their vendors to certify & turning the standard into table stakes for all enterprise procurement RFPs.

For more, check out this other research from our platform:

Vanta at $220M/year