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Expel

Expel

Private
Herndon, VirginiaCybersecurityhttps://www.expel.com

Last Round

Series E

Extension

Oct 3, 2022

Est. Valuation

$1.14B

Total Funding Raised

$288.8M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Expel is a cybersecurity company that offers a managed security platform to swiftly identify and mitigate security risks while providing transparent access to dedicated security analysts for proactive threat management.

Sector

Cybersecurity

Verticals

Incident Response, Cloud Security, Endpoint Security, Vulnerability Management, Threat Intelligence

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

managed detection and responseMDRSOC as a Servicesecurity operations platformincident responsethreat detectionXDRmanaged security servicesMSSPthreat huntingcloud securitymanaged SIEMSOARvulnerability prioritizationendpoint security

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Expel Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Expel Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series E ExtensionOct 3, 2022
Series ENov 18, 2021
Series DMay 13, 2020
Series CJun 19, 2019
Series BApr 10, 2018
Series A
Sep 26, 2016

Key People

Founding team and executive leadership

Dave Merkel

Co-founder And Chief Executive Officer

Founding Team

Cat Starkey

Chief Technology Officer

Executive Team

Rick Hasselman

Chief Financial Officer At Expel

Executive Team

Expel Investors

Notable investors and investment history

InvestorRounds
Profile Capital ManagementSeries B
LightbankSeries A, Series B
New Enterprise Associates (NEA)Series C, Series A, Series B
Scale Venture PartnersSeries E, Series C, Series E Extension, Series D, Series B
Paladin Capital GroupSeries C, Series D, Series B, Series E, Series A, Series E Extension
GreycroftSeries E, Series C, Series A, Series D, Series B
Battery VenturesSeries C, Series A, Series E Extension, Series D, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 23, 2026

    Launched new Managed SIEM service at RSAC 2026.

  • Mar 23, 2026

    Launched Managed SIEM co-managed service at RSAC 2026.

Expel Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Expel Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Expel's valuation, stock price, and market status.

Firmographic Details

HeadquartersHerndon, Virginia
Employee Range478
Year Founded2016
Last FundingOct 3, 2022

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.