Funding round
Horizon3.ai Series B
Horizon3.ai, which works in autonomous penetration testing services in Dover, raised $30M in a Series B round announced on 2 Nov 2021, led by SignalFire. 1 firm took part. It is Horizon3.ai's third venture round on record; the one before was a Series A in Feb 2021.
$30M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Horizon3.ai did not disclose a valuation in this round; its last disclosed one was $50M at the Series A (Feb 2021). It came 9 months after Horizon3.ai's Series A. It is 7.0% of the $429M Horizon3.ai has raised in the venture rounds on record. Horizon3.ai raised again 21 months later: a Series C round of $40M in Aug 2023. Its next priced round, a Series E in Aug 2026, valued it at $2.00B.
Horizon3.ai's funding rounds
Horizon3.ai has 6 venture rounds on record. This one is highlighted.
- Seed 23 Jan 2020, led by SignalFire $3.5M
- Series A 1 Feb 2021, led by SignalFire $5.0M$50M post-money
- Series B this round 2 Nov 2021, led by SignalFire $30M
- Series C 8 Aug 2023, led by Craft Ventures $40M
- Series D 10 Jun 2025, led by New Enterprise Associates $100M
- Series E 3 Aug 2026, led by NightDragon and New Enterprise Associates $250M$2.00B post-money
Investors
Who put money in
SignalFire led the round.
Lead investor
- backs 121 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, sales and marketing, scaling operations and working capital.
- Product development
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
1,034 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $31M, and this round was close to the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Forte Tech Companies | 12 Nov 2021 | $725M | not disclosed | The SEA Capital and Kora |
| Tech Companies | 10 Nov 2021 | $205M | $1.50B | PSG |
| Tech Companies | 4 Nov 2021 | $160M | not disclosed | FTV Management Company |
| Tech Companies | 30 Nov 2021 | $115M | $850M | Tiger Global and Menlo Ventures |
| Tech Companies | 8 Nov 2021 | $100M | $1.00B | ICONIQ Growth |
| Tech Companies | 3 Nov 2021 | $100M | $600M | ICONIQ Growth |
| Tech Companies | 10 Nov 2021 | $100M | $1.00B | Tiger Global Management |
| Tech Companies | 2 Nov 2021 | $93M | not disclosed | SoftBank Vision Fund |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Horizon3.ai raise in its Series B round?
Horizon3.ai raised $30M in its Series B round, announced in Nov 2021.
Who led Horizon3.ai's Series B round?
SignalFire led it.
What was Horizon3.ai's valuation at the Series B round?
It was not disclosed; its last disclosed one was $50M at the Series A (Feb 2021).
How does it compare with other Series B rounds in Tech Companies?
1,034 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $31M, and this round was close to the median.
Did Horizon3.ai raise again after this round?
Yes: a Series C round in Aug 2023 of $40M.