Vanta IPO: Will the Stock Become Compliant with the SEC?

Explore ways to invest as we approach a potential Vanta IPO date. Invest in Vanta via the Fundrise Innovation Fund. All U.S.-based investors 18+ are eligible to invest. The minimum investment is $10.

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Notable Vanta News

07/24/2024: Announcing Vanta’s $150 million Series C funding
01/31/2024: Vanta Reaches $100 Million ARR
06/8/2022: Announcing Vanta’s $110 Million Series B
05/04/2021: Announcing Vanta’s $50 Million Series A
Older news…

About Vanta

Vanta is a San Francisco, California-based software-as-a-service (SaaS) company specializing in enterprise compliance automation.

It was founded in 2018 by Christina Cacioppo, a former investor at Union Square Ventures after she witnessed firsthand the time-consuming and challenging nature of security compliance for startups.

She launched the company to automate the security monitoring and certification process, particularly for SOC 2 compliance.

Vanta provides continuous security and compliance monitoring tools that help businesses achieve and maintain compliance with standards such as SOC 2 (Service Organization Controls for Data Security), ISO 27001 (an international standard for information security management), HIPAA (U.S. healthcare data privacy law), and GDPR (EU data protection regulation).

Its platform integrates with cloud services, identity providers, and task trackers to simplify audits and ensure ongoing readiness.

Vanta is one of the leading players in the fast-growing compliance automation space, competing with Drata, Secureframe, and Tugboat Logic.

With increasing regulatory scrutiny and customer demand for verified security practices, the company is well-positioned to become the default compliance platform for modern software companies.

Ownership

Vanta is a venture-backed startup. Its investors include the cofounders, employees, venture capital firms, and the venture arms of multiple public companies.

Notable venture capital investors include the Fundrise Innovation Fund, Sequoia, Y Combinator, JPMorgan, Hubspot Ventures, Neo, Launch Fund, Pioneer Fund, Workday Ventures, Frontline, Goldman Sachs, Crowdstrike, Craft Ventures, Bonfire Ventures, Atlassian, and Acrew Capital.

Funding Rounds

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Valuation

The last confirmed Vanta valuation is $2.45 billion based on the Series C funding round completed in July 2024.

IPO Potential

The Vanta IPO date is still unknown. The company has raised up to a Series C round but is still valued below $3 billion.

A typical SaaS company will aim to have annual recurring revenue (ARR) of at least $100 to $150 million and a private valuation/market cap of at least $1 to $3 billion before going public with an IPO.

Though many wait longer to achieve a higher valuation, allowing them to raise more funds in the IPO. 

Vanta reached $100 million ARR in fiscal year 2024 and has not expressed interest in an IPO. I believe we’ll see $200 million ARR before an IPO.  

We’ll get clues about the IPO date when we learn about the hiring of an underwriter, an S-1 filing is submitted, or reporting discloses a date range. 

How to Invest in Vanta Stock

When the Vanta IPO date arrives, it will still be difficult for most investors to acquire IPO shares. 

The most likely way investors will be able to own Vanta stock is to wait for the IPO and buy shares after it goes public. 

However, there is an opportunity for investors to own a small slice of the company through a popular investment fund available in the U.S. to ordinary investors. 

Here are some potential options to own Vanta stock before, during, and after the IPO.

1. Invest in the Fundrise Innovation Fund

Vanta was one of the first holdings of the Fundrise Innovation Fund (review), a non-traded fund that holds multiple pre-IPO holdings, including OpenAI, Anthropic, Canva, Anduril, and Ramp. 

Fundrise owns a $6.4 million stake that represents approximately 3% of the fund as of Q1 2025. 

Non-accredited investors aged 18+ who reside in the United States are eligible to invest starting with $10. 

To invest, you must open an account with Fundrise and make a purchase through the platform. 

Please note: This is a testimonial in partnership with Fundrise. We earn a commission from partner links on AccessIPOs.com. All opinions are my own.

2. Buy Vanta Pre-IPO

Vanta stock may become available on other pre-IPO investing platforms before the IPO. 

This happens when employees or other early investors want to liquidate a portion of their shares before the public offering. 

Investors must be accredited to be eligible to buy pre-IPO shares directly or through a special purpose vehicle (SPV).

Investors can monitor pre-IPO investing platforms, such as Hiive, Forge Global, and EquityZen, for share availability. 

Minimum investments on these platforms range from $5,000 to $50,000 or more. It’s free to sign up for data and deal alerts. 

Non-accredited investors can own pre-IPO companies via venture capital funds targeted to retail investors. Venture capital funds are a new asset class that emerged in 2022.

As of mid-2025, the best option for non-accredited investors is the Fundrise Innovation Fund (see above).

Check out our list of top pre-IPO investing platforms that may have shares available.

3. Participate in the Vanta IPO

IPO investors may find chances to invest in Vanta stock during the initial public offering. Investors may be able to acquire shares at the IPO price before the company begins trading.

Formerly exclusive to Wall Street’s best customers, IPO access is now more attainable to retail investors.

Online brokers, including the ones listed below, give customers free access to IPOs, even with low account balances. 

• TradeStation 
• Robinhood 

Brokers negotiate exclusive access to IPO shares, so the chances of getting access to specific high-demand IPOs will be limited by how many brokerage accounts you have. 

TradeStation has a more established track record of accessing more than 400 IPOs and secondary offerings via its partnership with Click Markets.

Robinhood has the advantage of Silicon Valley networks and a history of getting allocations for high-profile IPOs. 

Check out this list of best brokers for IPO investing to learn more about IPO access for retail investors.

4. Buy after the IPO

Waiting for a company’s IPO has its benefits. It allows you to see the company’s financials after its first quarter of trading, which isn’t possible before the IPO.

IPO stock prices often rise, especially for high-demand companies, but they can also become overvalued. If you invest early and sell at the right time, you can make a profit, but if you hold onto overvalued stock, you might face losses.

Many IPOs start with high valuations but drop after the first or second quarterly earnings reports. This price drop can be a good opportunity to buy if you didn’t get shares during the IPO.

It’s best to avoid buying overvalued shares right after the IPO, as prices often fall due to lockup expirations and disappointing earnings. However, the most successful companies will likely be worth more in the long run, so patience can be rewarding.

Frequently Asked Questions (FAQs)

Is Vanta Publicly Traded?

No. Vanta is not publicly traded.

What is the Vanta stock price?

A public Vanta stock price doesn’t trade yet because it is a private company.

The Series C funding round, which was completed in July 2024, was priced at $11.63 per share.

What is the Vanta stock symbol?

We’ll learn what the Vanta stock symbol will be once Vanta officially files for an IPO via Form S-1 with the SEC.

We can speculate a little about what the Vanta ticker will be.

Here is the most likely suggestion that is available in the U.S.:

• VANT

Note: “VNTA” is occupied as of Q2 2025 by Ventana Global Inc.

Where is the Vanta IPO S-1 Filing?

No Vanta S-1 filing has been released to the public, and there is no indication of a confidential filing. The document will become available if the company submits it to the SEC and the regulatory commission approves and releases it to the public. 

We’ll post a copy of the S-1 filing on this page when it becomes available.  

You can monitor the most recent S-1 IPO filings on this website.

Conclusion

While Vanta hasn’t set a date for its IPO, the company’s recent financial milestones and prominent investor backing suggest it’s building toward that possibility.

Investors interested in pre-IPO exposure can already gain fractional ownership through the Fundrise Innovation Fund.

For those with more capital and accreditation, secondary platforms like Hiive and EquityZen may open additional doors if Vanta’s valuation increases from an additional round and shares begin circulating privately.

That said, it’s important to remember that early investing comes with illiquidity and risk, especially when timelines to exit remain uncertain.

Watching for signals like underwriter hires or an S-1 filing will help investors time their moves more strategically.

As compliance demands rise across industries, Vanta could become a critical part of the modern software stack, making the Vanta IPO a potential watershed moment for the company and sector. Until then, smart investors will stay informed, patient, and ready.