US Dominates Global RegTech Market in 2024 with 47% of All Investment Deals

US Dominates Global RegTech Market in 2024 with 47% of All Investment Deals

In 2024, the global RegTech industry faced significant challenges, with a marked decline in deal activity and overall investment. This downturn signals a cautious atmosphere among investors, yet regulatory technology remains a vital area of interest for compliance solutions.

Overview of Global RegTech Investment Trends in 2024

The global RegTech market experienced a 43% decrease in deal activity year-over-year (YoY), highlighting a shifting investment landscape. Here are the key statistics:

  • Total funding: $6.53 billion, down 36% from $10.2 billion in 2023.
  • Number of deals: 646 deals, reflecting a 43% decline from 1,142 in 2023.
  • Comparison with previous years: The number of deals dropped significantly from 1,403 in 2020.

This decline illustrates a more cautious investment climate in the RegTech sector, even as solutions for regulatory compliance continue to garner attention.

United States Leads Global RegTech Deal Activity

The United States has solidified its position as the leading country in the RegTech market, capturing 47% of the global deals in 2024. Key details include:

  • Deals secured: 303, a substantial drop from 572 in 2023.
  • United Kingdom: 43 deals (7% share), down from 93 in the previous year.
  • India’s rise: 34 deals (5% share), surpassing China, which ranked among the top three last year.

This shift indicates a significant evolution in the RegTech investment landscape, with India emerging as a noteworthy market despite the overall downturn.

Vanta Secures the Largest Global RegTech Deal

Among the notable developments, Vanta, a leader in online security and compliance management, achieved the largest RegTech deal of the year with a funding round of $150 million, led by Sequoia Capital. This funding round increased Vanta’s valuation to $2.45 billion.

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Key aspects of Vanta’s funding include:

  • Funding will enhance Vanta’s AI-driven platform for compliance automation.
  • The company plans to expand its reach into the UK and Australia.
  • Vanta’s total funding since its inception in 2018 now stands at $353 million.
  • It serves over 8,000 clients, including notable companies like SmartRecruiters and ZoomInfo.

By automating compliance certification processes, Vanta is positioning itself as a key player in the evolving RegTech market landscape.

For further insights on regulatory technology trends and investment opportunities, visit this resource or explore our investment guide.

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