Total amount raised
$44.4 Millions
Latest funding date
Location
Osano has successfully raised significant funding through multiple rounds, with the latest being a Series B. The company offers a comprehensive data privacy compliance suite designed to help businesses adhere to regulations like GDPR and CCPA.
With backing from notable investors such as Jump Capital and Next Coast Ventures, Osano continues to grow and innovate in the field of data privacy. Keep reading to explore the intricacies of Osano's fundraising journey and the investors supporting this essential platform.
What Is Osano?
Osano, founded on October 23, 2018, by Arlo Gilbert and Scott Hertel, is a data privacy compliance company based in Austin, Texas. The company operates in industries such as B2B, compliance, data governance, privacy, risk management, SaaS, and software.
With a team of 51-100 employees, Osano offers a comprehensive suite of tools to help businesses comply with privacy regulations like GDPR and CCPA. Their platform includes features such as cookie consent management, subject rights management, data mapping, and vendor privacy risk management.
How Much Funding Has Osano Raised?
- Seed Round
- Amount Raised: $3M
- Date: March 2019
- Lead Investors: LiveOak Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial version of their data privacy compliance platform and establish a market presence.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: December 2019
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and expand their customer base.
- Series A
- Amount Raised: $5.4M
- Date: December 2019
- Lead Investors: LiveOak Ventures, Next Coast Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance their platform's capabilities and scale operations.
- Series A
- Amount Raised: $11M
- Date: September 2021
- Lead Investors: Jump Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their team and invest in research and development.
- Series B
- Amount Raised: $25M
- Date: August 2023
- Lead Investors: Baird Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their team, particularly in engineering, product development, and sales, and to invest more in research and development.
Total Amount Raised: $44.4M. Current Valuation: Not publicly disclosed.
Key Investors
- Baird Capital
- Details: Baird Capital is a global private equity and venture capital firm. They provide capital, operational support, and strategic guidance to help companies grow and succeed.
- Investment Focus Areas: Healthcare, Technology, Industrial Solutions
- Notable Investments: Not publicly disclosed
- Jump Capital
- Details: Jump Capital is a venture capital firm specializing in early to growth-stage investments. They focus on data-driven technology companies.
- Investment Focus Areas: Fintech, Enterprise Software, IT Infrastructure
- Notable Investments: Not publicly disclosed
- LiveOak Ventures
- Details: LiveOak Ventures is a venture capital firm focused on early-stage investments. They invest in companies with strong growth potential.
- Investment Focus Areas: Technology, Healthcare, Consumer Products
- Notable Investments: Not publicly disclosed
- Next Coast Ventures
- Details: Next Coast Ventures is a venture capital firm investing in entrepreneurs building disruptive companies. They focus on high-growth sectors.
- Investment Focus Areas: Consumer, Enterprise, Healthcare
- Notable Investments: Not publicly disclosed
- First Ascent Ventures
- Details: First Ascent Ventures is a venture capital firm that focuses on companies addressing significant risks in data privacy and regulatory compliance. They emphasize the importance of privacy programs.
- Investment Focus Areas: Data Privacy, Regulatory Compliance, Technology
- Notable Investments: Not publicly disclosed
What's Next for Osano?
Osano stands at the cusp of significant growth opportunities, driven by the increasing global emphasis on data privacy. With a recent $25 million Series B funding round, the company is poised to expand its engineering, product development, and sales teams. This financial backing will enable Osano to enhance its platform, transforming unstructured data into actionable insights and helping businesses comply with evolving regulations.
Future fundraising opportunities appear promising as Osano continues to scale. The successful Series B round suggests potential for additional funding rounds to support further expansion and innovation. However, the company may face challenges such as navigating complex data privacy regulations and maintaining high service quality amid rapid growth.
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