Expel is a cybersecurity company that aims to offer managed security with 24x7 detection, response, and resilience. With a mission to make security easy to understand, the company offers services such as phishing investigation, vulnerability prioritization, and managed detection and response. Expel also includes tech integrations with the goal of maximizing security stacks. Expel was founded by Dave Merkel, Justin Bajko, and Yanek Korff in 2016 and is headquartered in Herndon, VA.

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Can you invest in Expel pre-IPO?

Expel is a privately held company and is not publicly traded, therefore investing in Expel pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Expel before it goes public?

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What is the pre-IPO value of my Expel shares?

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Is Expel a publicly traded company?

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To learn more about Expel potential IPO

Will Expel go IPO?

Expel has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Expel’s IPO price?

The Expel IPO price does not exist at this time, as Expel is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Expel register for Forge Markets, today.

When was Expel founded?

Expel was founded in 2016.

What is Expel funding to date?

Expel has raised $577.64MM to date.

Who are Expel’s major investors?

Section Partners
Paladin Capital Group
Capitalg
March Capital
Greycroft
Burda Principal Investments
Battery Ventures
Index Ventures
Cisco Investments
Nea
Scale Venture Partners
Lightbank
New Enterprise Associates

Expel Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
10/03/2022 Series E-3 $13.8MM $xx.xx $1.14B Battery Ventures, Capitalg, Index Ventures, March Capital, Paladin Capital Group, Scale Venture Partners
Price per Share
$xx.xx
Shares Outstanding
573,609
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Capitalg, Index Ventures, March Capital, Paladin Capital Group, Scale Venture Partners
10/03/2022 Series E-2 $16.2MM $xx.xx $1.14B Battery Ventures, Capitalg, Index Ventures, March Capital, Paladin Capital Group, Scale Venture Partners
Price per Share
$xx.xx
Shares Outstanding
673,022
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Capitalg, Index Ventures, March Capital, Paladin Capital Group, Scale Venture Partners
11/18/2021 Series E $91.3MM $xx.xx $1.06B Capitalg, Cisco Investments, Greycroft, Index Ventures, March Capital, Paladin Capital Group, Scale Venture Partners
Price per Share
$xx.xx
Shares Outstanding
3,981,976
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Capitalg, Cisco Investments, Greycroft, Index Ventures, March Capital, Paladin Capital Group, Scale Venture Partners
11/18/2021 Series E-1 $50MM $xx.xx $1.06B Capitalg, Cisco Investments, Greycroft, Index Ventures, March Capital, Paladin Capital Group, Scale Venture Partners
Price per Share
$xx.xx
Shares Outstanding
2,180,711
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Capitalg, Cisco Investments, Greycroft, Index Ventures, March Capital, Paladin Capital Group, Scale Venture Partners
05/13/2020 Series D $50MM $xx.xx $566.31MM Battery Ventures, Capitalg, Greycroft, Index Ventures, Paladin Capital Group, Scale Venture Partners
Price per Share
$xx.xx
Shares Outstanding
4,100,305
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Capitalg, Greycroft, Index Ventures, Paladin Capital Group, Scale Venture Partners
06/19/2019 Series C $40MM $xx.xx $251.89MM Battery Ventures, Greycroft, Index Ventures, Nea, Paladin Capital Group, Scale Venture Partners
Price per Share
$xx.xx
Shares Outstanding
5,248,377
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Greycroft, Index Ventures, Nea, Paladin Capital Group, Scale Venture Partners
04/10/2018 Series B $20MM $xx.xx $81.71MM Battery Ventures, Greycroft, Nea, Scale Venture Partners
Price per Share
$xx.xx
Shares Outstanding
6,489,920
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Greycroft, Nea, Scale Venture Partners
09/26/2016 Series A $7.52MM $xx.xx $18.8MM Battery Ventures, Greycroft, Lightbank, Nea, Paladin Capital Group
Price per Share
$xx.xx
Shares Outstanding
8,092,223
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Greycroft, Lightbank, Nea, Paladin Capital Group
Updated on: Dec 21, 2024

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