How much does SOC 2 cost for a startup?
Short answer
A first SOC 2 Type 1 for a small startup costs $15K-$25K all-in: $5K-$10K for a boutique auditor + $8K-$15K/year for a compliance platform. Big-4 auditors cost $25K-$75K and are overkill for first-time startup audits.
Budget breakdown for a typical solo-founder SOC 2 Type 1:
- Compliance platform (Vanta, Drata, Secureframe): $8K-$15K/year
- Boutique auditor (Johanson, AssuranceLab, Prescient): $5K-$10K per audit
- Founder time: 40-60 hours over 6 weeks
- Total first year: $15K-$25K
SOC 2 Type 2 (the continuous audit) costs an additional $8K-$15K per year after Type 1. Big-4 auditors (Deloitte, KPMG, PwC, EY) charge $25K-$75K and are only necessary if your largest enterprise buyers specifically demand it.
Most startups pay far more than necessary because they pick their auditor before comparing quotes. Get 3 quotes before signing anything.