Flare Systems
PrivateLast Round
Series B
Extension
Nov 5, 2025
Total Funding Raised
$55.57M
Momentum Score
25 /100
Company Overview
Flare Systems is a Canadian cybersecurity company that provides a Threat Exposure Management (TEM) platform. The company's SaaS solution unifies cyber threat intelligence, digital risk protection, and external attack surface management to help organizations proactively detect and remediate threats across the clear and dark web. The platform monitors for risks such as leaked credentials, data leaks, and other cybercrime indicators, enabling security teams to reduce their mean-time-to-remediation (MTTR). Founded in 2017, Flare serves a range of clients from mid-sized organizations to Fortune 50 companies and financial institutions. The company has raised significant venture capital, including a $30 million USD Series B round in late 2024, to fund expansion in North America and Europe.
Sector
Cybersecurity
Verticals
Threat Intelligence, Data Protection, Vulnerability Management, Compliance & Risk, Application Security
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Flare Systems Comps
Public and private peers based on sector, stage, and business model.
Flare Systems Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B Extension | Nov 5, 2025 | ||||
| Series B | Dec 11, 2024 | ||||
| Series A Extension | Nov 30, 2022 | ||||
| Series A | Jun 9, 2022 | ||||
| Seed | Oct 17, 2019 |
Key People
Founding team and executive leadership
Flare Systems Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| White Star Capital | Seed, Series B, Series A, Series B Extension |
| Inovia Capital | Series B, Series A, Series B Extension |
| Fonds de solidarité FTQ | Series A Extension, Series B |
| BMO | Series B Extension |
| Luge Capital | Series A, Seed |
| Theodorus | Series A Extension |
| Base10 Partners | Series B Extension, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 1, 2026
Developing conversational assistants and autonomous agents.
- Dec 9, 2025
Will be attending RSAC 2026 in San Francisco.
Flare Systems Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Flare Systems's valuation, stock price, and market status.
