Salt Security, based in Palo Alto, Calif., was founded in 2016 by CEO Roey Eliyahu and COO Michael Nicosia. The company, which was last valued at $1.4 billion in February 2022, offers what is known as an API protection platform to prevent cyberattacks by using artificial intelligence in a continuous and automated manner. API is short for “application program interfaces,’’ which have become critical to programming web-based interactions and have thus become a natural target for hackers.

in February 2022, Salt Security closed a $140 million Series D round led by Capital G, the independent growth fund controlled by Alphabet, Google’s parent company.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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To learn more about Salt Security potential IPO

Will Salt Security go IPO?

Salt Security 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 Salt Security’s IPO price?

The Salt Security IPO price does not exist at this time, as Salt Security 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 Salt Security register for Forge Markets, today.

When was Salt Security founded?

Salt Security was founded in 2016.

What is Salt Security funding to date?

Salt Security has raised $270.92MM to date.

Who are Salt Security’s major investors?

Sequoia Capital
Y Combinator
DFJ Growth
Tenaya Capital
S Capital VC

Salt Security Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
02/10/2022 Series D $140MM $xx.xx $1.4B Advent International, Alkeon Capital, Capitalg, Dfj Growth, S Capital Vc, Sequoia Capital, Tenaya Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
216,216,216
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Advent International, Alkeon Capital, Capitalg, Dfj Growth, S Capital Vc, Sequoia Capital, Tenaya Capital, Y Combinator
05/26/2021 Series C $70MM $xx.xx $606.24MM Advent International, Alkeon Capital, Dfj Growth, S Capital Vc, Sequoia Capital, Tenaya Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
229,432,972
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Advent International, Alkeon Capital, Dfj Growth, S Capital Vc, Sequoia Capital, Tenaya Capital, Y Combinator
12/08/2020 Series B $30MM $xx.xx $150.27MM S Capital Vc, Sequoia Capital, Tenaya Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
351,288,056
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
S Capital Vc, Sequoia Capital, Tenaya Capital, Y Combinator
06/16/2020 Series A $20MM $xx.xx $76.32MM Tenaya Capital
Price per Share
$xx.xx
Shares Outstanding
319,488,814
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Tenaya Capital
01/29/2019 Series Seed-2 $499,999.00 $xx.xx $20.6MM Kevin Mahaffey, Marius Nacht, S Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
26,766,591
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Kevin Mahaffey, Marius Nacht, S Capital, Y Combinator
01/29/2019 Series Seed-3 $2.42MM $xx.xx $20.6MM Kevin Mahaffey, Marius Nacht, S Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
112,203,145
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Kevin Mahaffey, Marius Nacht, S Capital, Y Combinator
01/29/2019 Series Seed-1 $8MM $xx.xx $20.6MM Kevin Mahaffey, Marius Nacht, S Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
334,029,228
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Kevin Mahaffey, Marius Nacht, S Capital, Y Combinator
Updated on: Dec 3, 2024

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