The security sector includes 99 privately held companies, spanning from national defense to personal data protection. This group is led by firms like SpaceX, valued at $400 billion, and defense technology company Anduril Industries at $31 billion.
The industry also features specialized companies addressing modern digital risks. For example, Fireblocks secures digital assets with an $8 billion valuation, while Quantinuum, valued at $11 billion, focuses on quantum computing threats.
Below is the full list of 99 Security unicorn startups at this time.
Top 10 Most Valuable Security Unicorns
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Get the Sheet for $50SpaceX builds and launches advanced rockets and spacecraft with the goal of making humanity multiplanetary. They are also creating the Starlink constellation to deliver high-speed internet to locations where access has been unreliable or completely unavailable.
| Valuation | $400B (Joined December 2012) |
| Headquarters | Hawthorne, California, United States |
| Year Founded | 2002 |
| Founders | Elon Musk |
| Funding Amount | $11.8B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Venture Round |
| Top Investors | Sequoia Capital, Founders Fund, Craft Ventures, Valor Equity Partners, Andreessen Horowitz |
Anduril Industries builds advanced technology for military agencies and border surveillance. They specialize in creating AI-powered hardware and software, including autonomous systems and sensor networks, to address complex national security challenges.
| Valuation | $31B |
| Headquarters | Costa Mesa, California, United States |
| Year Founded | 2017 |
| Founders | Brian Schimpf, Joseph Chen, Matt Grimm, Palmer Luckey, Trae Stephens |
| Funding Amount | $6.2B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series G |
| Top Investors | Valor Equity Partners, BlackRock, Andreessen Horowitz, Lightspeed Venture Partners, General Catalyst |
Quantinuum builds the world's highest-performing quantum computers, combining them with advanced software. Their solutions help solve complex problems in fields like chemistry, cybersecurity, and finance.
| 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 unified endpoint management and security platform that gives large organizations real-time visibility and control over their IT environments. Their platform is used by IT and security teams to manage cyber hygiene, hunt for threats, and respond to incidents with speed and scale.
| 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 |
Flock Safety builds license plate reading cameras that help communities and law enforcement solve crime. Their public safety platform provides evidence for investigations and sends real-time alerts when a wanted vehicle is detected.
| Valuation | $8B (Joined July 2021) |
| Headquarters | Atlanta, Georgia, United States |
| Year Founded | 2017 |
| Founders | Garrett Langley, Matt Feury |
| Funding Amount | $655.6M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | Y Combinator, Founders Fund, Tiger Global Management, Andreessen Horowitz, Spark Capital |
Fireblocks offers an enterprise-grade platform for moving, storing, and issuing digital assets. They provide the secure infrastructure that enables financial institutions and businesses to build new products and services on the blockchain.
| 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 develops a platform that helps software developers find and fix security vulnerabilities in their own code and open source dependencies. Their tools are designed to integrate directly into the development process, enabling teams to secure their applications from the start.
| 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 builds a password manager that helps individuals and businesses secure their logins, credit cards, and other private data. They are known for combining robust security with a simple, user-friendly interface that syncs across devices.
| 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 develops a single platform to manage and secure enterprise data, simplifying everything from backups to analytics. They are known for unifying secondary data storage and protection, which allows organizations to reduce complexity and better utilize their data.
| 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 builds an asset intelligence platform for cybersecurity, giving organizations full visibility and control over all their connected devices. Their technology protects the entire attack surface and manages cyber risk exposure in real time across IT, cloud, IoT, and medical environments.
| 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 |
The Remaining 89 Security Unicorns
While the top ten grab the headlines, they are part of a much larger global story. Most of these companies are based in the United States, but founders from Israel to Canada are also building billion-dollar businesses.
They are all tackling big problems, and many are growing quickly. Here is a closer look at the other unicorns defining the future of security.