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SOC 2 Is a $23 Billion Business Now
SOC 2 used to be a dull audit checkbox. Now it anchors a governance, risk and compliance software market worth roughly $23 billion in 2026. A cohort of startups - Vanta, Drata, Secureframe, Sprinto, Orbiq - turned a painful PDF ritual into recurring revenue, while incumbents like AuditBoard and OneTrust and security giants like CrowdStrike circle the same prize: the business of proving you can be trusted.
Raghuveer Kancherla
Raghuveer Kancherla is the Co-Founder of Sprinto, a fast-growing compliance automation platform that helps SaaS companies earn security certifications like SOC 2, ISO 27001, GDPR, and HIPAA faster and with far less manual effort. A mechanical engineer by training from IIT Madras turned software entrepreneur, Raghuveer previously co-founded and served as CTO of RecruiterBox - a bootstrapped applicant tracking system that grew to 2,500+ customers before being acquired. At Sprinto, he and co-founder Girish Redekar have built a platform trusted by 3,000+ companies across 75 countries, raised $31.5M in funding including a $20M Series B led by Accel in 2024, and grown the team from 6 to 300+ employees. An emerging thought leader on AI governance, Raghuveer is known for his conviction that 'a growing market trumps having a better product' and his systems-first approach to both engineering and team management.