Flare Systems
PrivateLast Round
Series B
Extension
Nov 5, 2025
Total Funding Raised
$55.39M
Company Overview
Flare Systems operates in Cybersecurity and is based in Montreal. Its latest recorded funding round was a Series B Extension round in November 2025.
Flare Systems is a cybersecurity company that provides a Threat Exposure Management (TEM) platform for proactive detection and mitigation of digital risks across the clear and dark web.
Sector
Cybersecurity
Verticals
Threat Intelligence, Cloud Security, Compliance & Risk, Vulnerability Management, Data Protection
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS, Services & Consulting
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Flare Systems Comparables
Compare Flare Systems with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Cyble | 86% | |
| SOCRadar | 86% | |
| Constella Intelligence | 83% |
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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 |
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Key People
Founding team and executive leadership
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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.
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Recent news
Latest coverage and updates
- recognized_asOct 29, 2026
On Oct 28th '26, Flare announces that the 2026 Technology Fast 50 awards program recognizes it as a winner, ranking it #28 among Canada's 50 fastest-growing technology companies in Canada.
- recognized_asOct 28, 2026
On Oct 28th '26 in Canada, Flare announces that the 2026 Technology Fast 50 awards program recognizes it as one of the program’s winners, ranking it #28 among Canada’s 50 fastest-growing technology companies based on four-year revenue growth.
- recognized_asOct 28, 2026
The 2026 Technology Fast 50 awards program recognizes Flare as No. 28 among Canada’s 50 fastest-growing technology companies based on four-year revenue growth, with the recognition announced in Canada on Oct. 28th '26.
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Flare Systems Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Flare Systems's valuation, stock price, and market status.
Is Flare Systems a public or private company?
Flare Systems is a private company.
What is the current stock price of Flare Systems?
Flare Systems is a private company, so its shares have no public market price. Caplight tracks Flare Systems's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Flare Systems worth (valuation)?
Valuation information for Flare Systems is not publicly available.
Can I buy Flare Systems stock?
Flare Systems shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Flare Systems's last funding round?
Flare Systems's most recent funding round was Series B Extension on November 5, 2025.
Who are the main investors in Flare Systems?
Key investors in Flare Systems include Inovia Capital, Luge Capital, Base10 Partners.
Will Flare Systems IPO soon?
No public IPO plans have been announced for Flare Systems.
How can I track Flare Systems secondary market activity?
Caplight tracks bids, offers, and trades in Flare Systems's shares on secondary markets.