Softwr

Cybersecurity · head to head

Drata vs Periscope Holdings

Drata logo

Drata

Cybersecurity

Agentic trust management with compliance automation.

From
On request
Free plan
No
Full reviewWebsite
Periscope Holdings logo

Periscope Holdings

Government

Statewide e-procurement systems and supplier networks for large public agencies

From
On request
Free plan
No
Full reviewWebsite

The short version

  • Each has a real cost: Drata no published pricing for any tier; requires contacting sales team for quotes; Periscope Holdings it is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Drata and Periscope Holdings actually diverge.

Attributes where Drata and Periscope Holdings differ
AttributeDrataPeriscope Holdings
Pricing modelsubscriptionquote
PlatformsWeb, APIWeb
CategoryCybersecurityGovernment

Identical on both: starting price (On request), free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Drata

Nothing recorded that Periscope Holdings does not also cover.

Only in Periscope Holdings

  • Sealed bid solicitation
  • Supplier registration network
  • Contract catalogues
  • Cooperative purchasing
  • Spend and compliance reporting
  • Supplier diversity tracking

What people use each for

The jobs each tool is most often brought in to do.

Drata

  • SaaS companies automating SOC 2 certification for enterprise salesnot Periscope Holdings
  • Organisations managing multi-framework compliance simultaneouslynot Periscope Holdings
  • Vendor management programmes requiring third-party security assessmentsnot Periscope Holdings
  • Enterprises implementing AI governance and monitoring AI systemsnot Periscope Holdings
  • Organisations seeking continuous compliance monitoring rather than point-in-time auditsnot Periscope Holdings

Periscope Holdings

  • A state building a central procurement portal serving many agencies and local entitiesnot Drata
  • A large agency needing statutory sealed bidding with a public opening recordnot Drata
  • A purchasing programme that must report spend and supplier diversity across entitiesnot Drata
  • A state wanting local governments to buy from its awarded cooperative contractsnot Drata

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Drata

  • No published pricing for any tier; requires contacting sales team for quotes
  • Solution tiers (Startup, Growth, Enterprise) are marketing categories with no corresponding published prices or feature differentiation
  • No transparency on cost per framework, per user, or based on organisational size
  • AI questionnaire automation claims 375+ hours saved annually but does not publish per-questionnaire costs or limits
  • Compared directly with Vanta by customers, but pricing opaque for cost-benefit analysis

Periscope Holdings

  • It is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.
  • The interface reflects the age and regulatory weight of the platform, and suppliers routinely describe registration and bidding as harder than on newer portals, which can suppress bid response.
  • Ownership has changed twice since 2021, from independent to mdf commerce to KKR, so roadmap and support continuity should be written into the contract rather than assumed.
  • Sibling products inside mdf commerce cover adjacent procurement ground, which means an apparently competitive shortlist may contain two products with the same owner.
  • Statewide implementations are multi year projects with heavy configuration and change management, and the professional services cost commonly exceeds the software over the contract term.

Pricing, plan by plan

Drata

On request
  • Startup$undefined/variable
    • 'Launch Trust Fast' with automated evidence collection
    • SOC 2 and other framework support
    • Basic compliance automation
  • Growth$undefined/variable
    • 'Accelerate Trust Smoothly' as teams expand
    • Multi-framework compliance
    • Enhanced AI automation
  • Enterprise$undefined/variable
    • 'Command Trust at Scale' for complex needs
    • Advanced GRC capabilities
    • Dedicated support

Periscope Holdings

On request
  • BuySpeed$undefined/year
    • Quoted per programme, scaled to entities served and transaction volume
    • Multi year statewide contracts with implementation priced separately
    • Supplier side registration fees form part of the commercial model on some programmes

Which should you pick?

Choose Drata if

  • You work on Web, API.
Drata review

Choose Periscope Holdings if

  • You need sealed bid solicitation.
  • You also want supplier registration network.
Periscope Holdings review

Questions people ask

Is Drata or Periscope Holdings better?
Neither clearly leads. Drata starts at On request and Periscope Holdings at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Drata or Periscope Holdings?
Drata starts at On request and Periscope Holdings at On request.
Does Drata or Periscope Holdings run on more platforms?
Drata runs on Web, API. Periscope Holdings runs on Web.
What is Drata best used for?
Drata is most often used for saas companies automating soc 2 certification for enterprise sales, organisations managing multi-framework compliance simultaneously, vendor management programmes requiring third-party security assessments, enterprises implementing ai governance and monitoring ai systems. Of those, saas companies automating soc 2 certification for enterprise sales and organisations managing multi-framework compliance simultaneously are not what Periscope Holdings is typically brought in for.
What can Drata do that Periscope Holdings cannot?
Periscope Holdings covers Sealed bid solicitation, Supplier registration network, Contract catalogues, Cooperative purchasing.

Answered from the vendors’ own pages

Drata: What compliance frameworks does Drata support?

Drata supports multiple frameworks including SOC 2, ISO 27001, GDPR, HIPAA, PCI DSS and others, with multi-framework management capabilities.

Source
Periscope Holdings: Who owns Periscope Holdings?

mdf commerce acquired it in 2021, and mdf commerce was itself acquired by KKR in 2024.

Drata: Does Drata automate questionnaires?

Yes. Drata's AI uses approved content to draft consistent responses, automating questionnaire completion and saving claimed 375+ hours per year.

Source
Periscope Holdings: Is it suitable for a single city?

Usually not. It is built and priced for statewide or very large agency programmes.

Drata: How many customers does Drata have?

Drata serves 8,500+ global customers ranging from startups to enterprises, with a 4.8/5.0 rating on G2.

Source
Periscope Holdings: What is BuySpeed?

The e-procurement platform behind its statewide deployments, covering solicitation through catalogue ordering and reporting.

Periscope Holdings: Can we see what a state paid?

Yes. State procurement awards are public records and typically disclose the full multi year contract value.

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