The cyber security sector is home to 74 major private companies. They work on everything from quantum computing security to protecting digital assets.
Quantinuum, a quantum computing firm, is valued at $11 billion. Following it are Tanium at $9 billion and the blockchain security provider Fireblocks at $8 billion.
Below is the full list of 74 Cyber Security unicorn startups at this time.
Top 10 Most Valuable Cyber Security Unicorns
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Get the Sheet for $50Quantinuum builds integrated quantum computing systems, combining high-performing hardware with a full software stack. They develop solutions that accelerate breakthroughs in complex fields like cybersecurity, drug discovery, and financial modeling.
| Valuation | $11B |
| Headquarters | Broomfield, Colorado, United States |
| Year Founded | 2021 |
| Founders | Ilyas Khan |
| Funding Amount | $925M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series B |
| Top Investors | Korea Investment Partners, NVentures, QED Investors, Amgen, JP Morgan Chase |
Tanium builds a converged endpoint management (XEM) platform that provides real-time visibility and control across vast IT estates. Their solution helps large enterprises and government agencies secure and manage millions of endpoints from a single platform in seconds.
| Valuation | $9B (Joined March 2015) |
| Headquarters | Kirkland, Washington, United States |
| Year Founded | 2007 |
| Founders | David Hindawi, Orion Hindawi |
| Funding Amount | $1B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | IVP, Franklin Templeton, Andreessen Horowitz, Wellington Management, TPG |
Fireblocks provides a blockchain security platform for moving, storing, and issuing digital assets. Their enterprise-grade infrastructure is designed for institutions looking to manage cryptocurrency and build new digital asset services.
| Valuation | $8B (Joined July 2021) |
| Headquarters | New York, New York, United States |
| Year Founded | 2018 |
| Founders | Idan Ofrat, Michael Shaulov, Pavel Berengoltz |
| Funding Amount | $1B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | General Atlantic, Canapi Ventures, Sequoia Capital, Index Ventures, Paradigm |
Snyk provides a developer security platform that integrates directly into the development process. Their tools help teams find and fix vulnerabilities across their code, open source dependencies, and cloud configurations.
| Valuation | $7.4B (Joined January 2020) |
| Headquarters | Boston, Massachusetts, United States |
| Year Founded | 2015 |
| Founders | Assaf Hefetz, Danny Grander, Guy Podjarny |
| Funding Amount | $1.2B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Franklin Templeton, Coatue, BlackRock, Temasek Holdings, Accel |
1Password creates a password manager that allows users to securely store their logins, credit card information, and other private documents. Their platform provides a single, encrypted vault that syncs across devices, making sensitive information both safe and easily accessible.
| Valuation | $7B (Joined July 2021) |
| Headquarters | Toronto, Ontario, Canada |
| Year Founded | 2005 |
| Founders | Dave Teare, Natalia Karimov, Roustem Karimov, Sara Teare |
| Funding Amount | $1B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series C |
| Top Investors | Lightspeed Venture Partners, Accel, ICONIQ Growth, Tiger Global Management, Salesforce Ventures |
Cohesity builds a data management platform to secure, manage, and derive value from secondary data. Their solution consolidates data silos like backups, files, and analytics onto a single, hyper-converged system for hybrid cloud environments.
| Valuation | $7B (Joined June 2018) |
| Headquarters | San Jose, California, United States |
| Year Founded | 2013 |
| Founders | Mohit Aron |
| Funding Amount | $955M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series H |
| Top Investors | Battery Ventures, Madrona, Accel, NVIDIA, Sequoia Capital |
Armis develops an agentless cybersecurity platform that provides complete asset intelligence for an entire organization. Their Armis Centrix™ solution allows security teams to see and protect every device, from IT and cloud systems to IoT and medical equipment.
| Valuation | $6B |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2015 |
| Founders | Nadir Izrael, Tomer Schwartz, Yevgeny Dibrov |
| Funding Amount | $1.3B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | General Catalyst, Georgian, Bain Capital Ventures, Sequoia Capital, Insight Partners |
SandboxAQ builds AI and quantum software for enterprise and government clients. Their technology is used to develop new drugs, secure communications, and advance materials science.
| Valuation | $6B (Joined December 2024) |
| Headquarters | Palo Alto, California, United States |
| Year Founded | 2016 |
| Founders | Jack Hidary |
| Funding Amount | $975M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Series E |
| Top Investors | US Innovative Technology Fund, BNP Paribas, Paladin Capital Group, NVIDIA, S32 |
Cyera provides an AI-powered data security platform that gives enterprises deep context on their data for cyber-resilience and compliance. Their technology helps security teams discover, classify, and secure sensitive information across complex cloud environments.
| Valuation | $6B (Joined April 2024) |
| Headquarters | New York, New York, United States |
| Year Founded | 2021 |
| Founders | Tamar Bar-Ilan, Yotam Segev |
| Funding Amount | $1.3B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Lightspeed Venture Partners, Cyberstarts, Spark Capital, Accel, Sequoia Capital |
Coalition provides businesses with both cyber insurance and the security tools needed to manage digital risk. Their "Active Insurance" platform combines comprehensive coverage with proactive cybersecurity to prevent incidents before they strike.
| Valuation | $5B (Joined March 2021) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2017 |
| Founders | John Hering, Joshua Motta |
| Funding Amount | $800M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Ribbit Capital, Valor Equity Partners, General Atlantic, Index Ventures, Felicis |
The Remaining 64 Cyber Security Unicorns
The ten most valuable companies only scratch the surface of the cyber security field. While the United States is home to most of these startups, founders are building successful companies everywhere from Israel to Australia.
Some of these companies are newer to the scene, while others have been steadily growing for over a decade. Here’s a look at the rest of the unicorn startups defining the industry.