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Material Security

Material Security

Private
Redwood City, CaliforniaCybersecurityhttps://material.security/

Last Round

Series C

May 11, 2022

Est. Valuation

$1.1B

Total Funding Raised

$166M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Material Security is a cybersecurity company that develops a cloud-based workspace security platform to protect organizations' email, files, and accounts within Google Workspace and Microsoft 365.

Sector

Cybersecurity

Verticals

Email Security, Data Protection, Zero Trust, Application Security

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

email securitydata loss preventionDLPphishing protectiondata-centric securitycloud email securitypost-compromise remediationzero trustsensitive data discoveryinbox securityemail threat responseSaaS securitydata exfiltration preventionemail security gatewaycloud mailbox security

Historical Pricing

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Caplight Momentum Score

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Material Security Comparables

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Material Security comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Sublime Security
83%
Fortinet
82%
Abnormal AI
80%

Material Security Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CMay 11, 2022
Series BApr 27, 2021
Series AAug 1, 2018
SeedJul 1, 2017

Material Security Investors

Notable investors and investment history

Material Security investors
InvestorRounds
Andreessen HorowitzSeries B, Series C, Series A
122 West VenturesSeed
Founders FundSeries C
Amplify PartnersSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 14, 2026

    Customer success role suggests $2M-$5M ARR per manager.

  • Jan 12, 2026

    Added PLHResearch, a clinical research startup, as a customer.

Material Security Filings

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Material Security filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Material a public or private company?

Material is a private company.

What is the current stock price of Material?

Material is a private company with no public stock price. No recent secondary market data is available.

How much is Material worth (valuation)?

Material's valuation is estimated at $1.1B based on funding round data.

Can I buy Material stock?

Material shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Material's last funding round?

Material's most recent funding round was Series C on May 11, 2022.

Who are the main investors in Material?

Key investors in Material include Andreessen Horowitz, Founders Fund.

Will Material IPO soon?

No public IPO plans have been announced for Material.

How can I track Material secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Material's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersRedwood City, California
Employee Range67
Year Founded2017
Last FundingMay 11, 2022

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