Material Security
PrivateLast 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 operates in Cybersecurity and is based in Redwood City, California. Its latest recorded funding round was a Series C round in May 2022.
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
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Material Security Comparables
Compare Material Security with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Sublime Security | 83% | |
| Fortinet | 82% | |
| Abnormal AI | 80% |
For institutional investors. Book with your work email.
Material Security Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | May 11, 2022 | ||||
| Series B | Apr 27, 2021 | ||||
| Series A | Aug 1, 2018 | ||||
| Seed | Jul 1, 2017 |
For institutional investors. Book with your work email.
Key People
Founding team and executive leadership
For institutional investors. Book with your work email.
Material Security Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Andreessen Horowitz | Series B, Series C, Series A |
| 122 West Ventures | Seed |
| Founders Fund | Series C |
| Amplify Partners | Seed |
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.
For institutional investors. Book with your work email.
Recent news
Latest coverage and updates
- launchesOct 22, 2026
Material Security, Inc. launches Google Drive Security Agent in California on Oct 22nd '26, giving Google Workspace businesses a way to investigate sensitive files, synthesize findings, and automatically remediate over-permissioned files.
- launchesSep 28, 2026
Material Security, Inc. releases its production-grade, fully documented API in May '26, providing programmatic access to issues, messages, accounts, groups, roles, OAuth apps, and trusted entities for integrations and incident response.
For institutional investors. Book with your work email.
Material Security 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.
Book a demoFor institutional investors. Book with your work email.
Frequently Asked Questions
Common questions about Material Security's valuation, stock price, and market status.
Is Material Security a public or private company?
Material Security is a private company.
What is the current stock price of Material Security?
Material Security is a private company, so its shares have no public market price. Caplight tracks Material Security's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Material Security worth (valuation)?
Material Security's valuation is estimated at $1.1B based on funding round data.
Can I buy Material Security stock?
Material Security shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Material Security's last funding round?
Material Security's most recent funding round was Series C on May 11, 2022.
Who are the main investors in Material Security?
Key investors in Material Security include Andreessen Horowitz, Founders Fund.
Will Material Security IPO soon?
No public IPO plans have been announced for Material Security.
How can I track Material Security secondary market activity?
Caplight tracks bids, offers, and trades in Material Security's shares on secondary markets.