What is Expel worth in 2026?

QuantLogix's QL Price for Expel is $1.1B as of 2026-09-08, a medium-confidence estimate blending the last disclosed round with secondary-market prints and public-company comparables. That is 7% above its last disclosed round of $1.0B. QuantLogix publishes this price with a permanent accuracy record graded against the rounds that price afterwards.

←Back to list

Expel

Developer of a managed security platform designed to identify and eliminate security risks in the cybersecurity space.

Network Management Software 📍 Herndon, VA Founded 2016

Current Valuation

$1.0B

as of 2021-Q4

UNICORN

QL Price

$1.1B

+7% vs last round

QuantLogix's current estimate for Expel, published 2026-09-08 — above the last disclosed round of $1.0B (2021-Q4).

Confidence

medium

Basis

secondary led

What backs this price

Last disclosed round	$1.0B	2021-Q4	weight 0.04
Secondary market print	$1.1B	2026-06-27	weight 0.64

How this price has held up

No round has priced for Expel since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-08 and will be graded against the next priced round. See the full accuracy record →

How to actually get exposure to Expel →

Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.

Cite this price as QuantLogix QL Price, Expel, 2026-09-08 (78a1e15eba7f34cb). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Expel going public?

No. Expel is private and has not filed to go public. There is no S-1 on file.

What is Expel's valuation in 2026?

Expel is valued at $1.0B as of 2021-Q4, set by its Series E ($140.3M, Nov 2021). That is the last confirmed mark, not a live price — private shares do not trade continuously.

Has Expel filed an S-1?

No public S-1 is on file for Expel.

Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

Founded

2016

Herndon, VA

Employees

484

Total Raised

$257.8M

Last Round

Series E — $140.3M (Nov 2021)

IPO Status

private

Fundraising Status

Series E · $140.3M · 4y 10mo ago

privateTotal raised $257.8M

Secondary Market

Implied price / share

$24.54

Last round price / share

$22.93

vs last round

+7.0%

Last round price vs secondary price

Secondary price return by period

Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

Round	Amount	Date	Lead Investor	Post-Money
Series E	$140.3M	Nov 2021	—	$1.0B

Talent Signal

Hiring trend

▲ Hiring uptrend

40% of roles posted in last 30d

Open roles

via greenhouse

Product-build share

40%

engineering, research, product, design

Trajectory

expanding

balanced build + GTM — 40% builders vs 60% go-to-market/G&A — scaling both sides.

No tracked executive churn; open roles trending up.

Open roles by month

Open roles by function

■ product-building ■ go-to-market / G&A

Principal Site Reliability EngineerProduct Manager, IntegrationsSenior AI Platform EngineerSystems EngineerCustomer Success ManagerCustomer Success Manager, Scale

Counted from Expel's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

SaaSCyber SecurityNetwork SecurityCloud Security

Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2021-Q4. Refreshed quarterly.