Total amount raised
$696.5 Millions
Latest funding date
Location
SentinelOne has successfully raised significant capital through multiple funding rounds, securing investments from prominent firms such as Sequoia Capital and Tiger Global Management. The company's innovative approach to autonomous cybersecurity has attracted a diverse group of investors, reflecting strong confidence in its market potential.
Keep reading to delve into the details of SentinelOne's funding journey and the key investors who are backing this cutting-edge cybersecurity platform.
What Is SentinelOne?
Founded in 2013, SentinelOne is headquartered in Mountain View, California. The company was established by Almog Cohen and Tomer Weingarten.
SentinelOne specializes in autonomous cybersecurity solutions, offering tools to anticipate threats, manage vulnerabilities, and protect cloud, endpoint, and identity resources globally. Their platform integrates behavioral-based detection, advanced mitigation, and forensics to stop threats in real time.
With a workforce of 1001-5000 employees, SentinelOne continues to innovate in the cybersecurity space, combining AI-powered threat hunting and managed services to define the future of cybersecurity.
How Much Funding Has SentinelOne Raised?
- Seed Round
- Amount Raised: $20K
- Date: March 2013
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Initial capital to develop the core technology and business model.
- Seed Round
- Amount Raised: $2.5M
- Date: August 2013
- Lead Investors: Granite Hill Capital Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop the product and expand the team.
- Series A
- Amount Raised: $12M
- Date: April 2014
- Lead Investors: Tiger Global Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance product features.
- Series B
- Amount Raised: $25M
- Date: October 2015
- Lead Investors: Third Point Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate market penetration and expand customer base.
- Series C
- Amount Raised: $70M
- Date: January 2017
- Lead Investors: Redpoint
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support rapid growth and product innovation.
- Series D
- Amount Raised: $120M
- Date: June 2019
- Lead Investors: Insight Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance competitive positioning and expand globally.
- Series E
- Amount Raised: $200M
- Date: February 2020
- Lead Investors: Insight Partners
- Valuation at Round: $1.1 billion
- Motivation Behind the Round: To support ongoing growth and technological advancements.
- Series F
- Amount Raised: $267M
- Date: November 2020
- Lead Investors: Tiger Global Management
- Valuation at Round: Over $3 billion
- Motivation Behind the Round: To fund acquisitions, talent acquisition, and platform expansion.
- Post-IPO Equity
- Amount Raised: Not publicly disclosed
- Date: June 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue scaling operations and enhancing product offerings.
Total Amount Raised: $696.5M. Current Valuation: Over $3 billion.
Key Investors
- Tiger Global Management
- Details: Tiger Global Management is a global investment firm that focuses on both public and private markets. They are known for their significant investments in technology and consumer sectors.
- Investment Focus Areas: Technology, consumer, industrial sectors.
- Notable Investments: Facebook, LinkedIn, Spotify.
- Insight Partners
- Details: Insight Partners is a global private equity and venture capital firm. They specialize in growth-stage investments in software and internet businesses.
- Investment Focus Areas: Software, internet, data services.
- Notable Investments: Twitter, Shopify, DocuSign.
- Sequoia Capital Global Equities
- Details: Sequoia Capital Global Equities is the global investment arm of Sequoia Capital. They invest in technology companies at various stages, from seed to growth.
- Investment Focus Areas: Technology, healthcare, consumer, financial services.
- Notable Investments: Apple, Google, Oracle.
- Third Point Ventures
- Details: Third Point Ventures is the venture capital arm of Third Point LLC, a New York-based hedge fund. They focus on investments in technology and healthcare sectors.
- Investment Focus Areas: Technology, healthcare, industrial sectors.
- Notable Investments: Upstart, SentinelOne, Rivian.
- Redpoint
- Details: Redpoint is a venture capital firm that invests in early and growth-stage technology companies. They have a strong track record in the tech industry.
- Investment Focus Areas: Technology, software, internet.
- Notable Investments: Netflix, Stripe, Twilio.
What's Next for SentinelOne?
SentinelOne stands at the cusp of significant opportunities, driven by the increasing demand for advanced cybersecurity solutions. The company is poised to expand its market presence, particularly in cloud and IoT security, and leverage its AI-based Singularity platform to meet the growing needs of enterprises. With the endpoint security market projected to grow to $18.4 billion by 2024, SentinelOne's potential for growth is substantial.
Future fundraising opportunities are likely, with the company preparing for an IPO within the next 18 months. This move could provide the capital needed to support further acquisitions and platform enhancements. However, SentinelOne will need to navigate challenges such as intense competition from established players and the need to continuously innovate to stay ahead of evolving cyber threats.
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