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Material Security

Developer of data-driven security software intended to protect an organization's users and information.
Developer of data-driven security software intended to protect an organization's users and information.
Network Management Software 📍 Redwood City, CA Founded 2017
Current Valuation
$1.1B
as of 2022-Q2
UNICORN

QL Price

$1.1B
0% vs last round
QuantLogix's current estimate for Material Security, published 2026-09-11 — in line with the last disclosed round of $1.1B (2022-Q2).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round $1.1B 2022-Q2 weight 0.05
Secondary market print $1.1B 2026-06-27 weight 0.63
How this price has held up
No round has priced for Material Security since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-11 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Material Security →
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, Material Security, 2026-09-11 (010629e32153b6ed). 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 Material Security going public?
No. Material Security is private and has not filed to go public. There is no S-1 on file.
What is Material Security's valuation in 2026?
Material Security is valued at $1.1B as of 2022-Q2, set by its Series C ($100M, May 2022). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Material Security filed an S-1?
No public S-1 is on file for Material Security.
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
2017
HQ
Redwood City, CA
Employees
86
Total Raised
$162M
Last Round
Series C — $100M (May 2022)
IPO Status
private

Fundraising Status

Series C · $100M · 4y 4mo ago
privateTotal raised $162M

Secondary Market

Implied price / share
$1.7
Secondary price return by period
Secondary market period returns3-month0.0%6-month-32.0%1-year-43.3%All-time-62.2%
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

RoundAmountDateLead InvestorPost-Money
Series C$100MMay 2022—$1.1B

Talent Signal

Hiring trend
● First snapshot
trend accrues with monthly sweeps
Open roles
5
via ashby
Product-build share
60%
engineering, research, product, design
Trajectory
steady
product-led hiring — 60% of open roles build product; the rest are go-to-market and G&A.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month5Aug '26
Open roles by function
Open roles by functionSales & GTM2Security2Engineering1
■ product-building   ■ go-to-market / G&A
Senior Software Engineer, Cloud Office SecuritySr. Manager, Email Security EngineeringSr. Software Engineer IISolutions EngineerChannel Sales Manager
Counted from Material Security'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.
SoftwareEmailCyber SecurityNetwork SecurityManagement Information Systems
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q2. Refreshed quarterly.