OneTrust: Insight Partners’ multi-round privacy ScaleUp
OneTrust, the Atlanta-based privacy, security and governance software platform, has been a core Insight Partners growth investment since its first institutional round.
In July 2019 Insight Partners led a $200M Series A at a $1.3B valuation — OneTrust’s first outside capital after bootstrapping (OneTrust / PR Newswire). Coatue and Insight then co-led a $210M Series B in February 2020 at a $2.7B valuation (PR Newswire). TCV led a $300M Series C in December 2020 at $5.1B , with Insight and Coatue participating (OneTrust). SoftBank Vision Fund led a $210M Series C extension in April 2021 at the same $5.3B valuation, again with Insight among returning investors.
Later rounds in 2023 (Kinled ~$50M; Generation Investment Management-led $150M) extended the capitalization without displacing Insight’s multi-round ScaleUp role. Dealroom now records Insight as lead on the Series A and co-lead on the Series B, with Private Equity ownership tagged alongside existing VC/Angel labels.
Sources: OneTrust Series A; Series B PR; Series C.