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NetSPI valuation, funding and investors

NetSPI works in cybersecurity solutions development, based in Minneapolis, United States. Founded in 2001, it has about 599 employees.

Tech Companies Growth Equity
VALUATION · TODAY
$1.52B −12% after Growth
Range $300M – $4.54B · Grade D
TODAY
+12 MO
$2.00B
$4.00B
$6.00B
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
2024
2026
Growth $90.0M
Growth $410M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY599 employees
−1%6m growth
−3%1y growth
−5%2y growth
250
500
750
Data from Jan 2021
TODAY
Predicted in 1 yr $1.33B −12% vs today
Predicted next raise $321M if a round comes
Winding-down probability 43%
Last round
Growth · $410M · Oct 2022
Valuation at last round
$3.25B · implied
Headcount
599 · flat
Grade
D
Founded
2001
How VCMC values companies →

NetSPI valuation today

VCMC values NetSPI at $1.5B today, with a range of $300M to $4.5B and a grade of D. The valuation starts from its last funding round, a growth round in Oct 2022.

Valuation by date (313 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

NetSPI: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2001$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Feb 2001$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Mar 2001$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Apr 2001$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 May 2001$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jun 2001$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jul 2001$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Aug 2001$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Sep 2001$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Oct 2001$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Nov 2001$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Dec 2001$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jan 2002$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Feb 2002$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Mar 2002$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Apr 2002$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 May 2002$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jun 2002$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jul 2002$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Aug 2002$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Sep 2002$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Oct 2002$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Nov 2002$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Dec 2002$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jan 2003$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Feb 2003$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Mar 2003$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Apr 2003$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 May 2003$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jun 2003$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jul 2003$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Aug 2003$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Sep 2003$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Oct 2003$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Nov 2003$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Dec 2003$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jan 2004$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Feb 2004$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Mar 2004$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Apr 2004$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 May 2004$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jun 2004$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jul 2004$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Aug 2004$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Sep 2004$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Oct 2004$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Nov 2004$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Dec 2004$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jan 2005$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Feb 2005$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Mar 2005$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Apr 2005$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 May 2005$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jun 2005$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jul 2005$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Aug 2005$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Sep 2005$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Oct 2005$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Nov 2005$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Dec 2005$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jan 2006$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Feb 2006$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Mar 2006$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Apr 2006$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 May 2006$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jun 2006$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jul 2006$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Aug 2006$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Sep 2006$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Oct 2006$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Nov 2006$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Dec 2006$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jan 2007$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Feb 2007$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Mar 2007$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Apr 2007$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 May 2007$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jun 2007$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jul 2007$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Aug 2007$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Sep 2007$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Oct 2007$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Nov 2007$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Dec 2007$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jan 2008$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Feb 2008$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Mar 2008$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Apr 2008$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 May 2008$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jun 2008$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jul 2008$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Aug 2008$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Sep 2008$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Oct 2008$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Nov 2008$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Dec 2008$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jan 2009$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Feb 2009$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Mar 2009$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Apr 2009$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 May 2009$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jun 2009$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jul 2009$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Aug 2009$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Sep 2009$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Oct 2009$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Nov 2009$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Dec 2009$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jan 2010$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Feb 2010$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Mar 2010$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Apr 2010$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 May 2010$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jun 2010$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jul 2010$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Aug 2010$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Sep 2010$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Oct 2010$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Nov 2010$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Dec 2010$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jan 2011$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Feb 2011$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Mar 2011$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Apr 2011$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 May 2011$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jun 2011$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Jul 2011$4.60M$1.67M – $12.6M$4.60M (0%)before first round–unknownD0%
1 Aug 2011$4.60M$1.67M – $12.6M$4.61M (0%)before first round–unknownD0%
1 Sep 2011$4.60M$1.67M – $12.6M$4.63M (+1%)before first round–unknownD0%
1 Oct 2011$4.60M$1.67M – $12.6M$4.65M (+1%)before first round–unknownD0%
1 Nov 2011$4.60M$1.67M – $12.6M$4.67M (+2%)before first round–unknownD0%
1 Dec 2011$4.60M$1.67M – $12.6M$4.69M (+2%)before first round–unknownD0%
1 Jan 2012$4.60M$1.67M – $12.6M$4.70M (+2%)before first round–unknownD0%
1 Feb 2012$4.60M$1.67M – $12.6M$4.72M (+3%)before first round–unknownD0%
1 Mar 2012$4.60M$1.67M – $12.6M$4.74M (+3%)before first round–unknownD0%
1 Apr 2012$4.60M$1.67M – $12.6M$4.76M (+4%)before first round–unknownD0%
1 May 2012$4.60M$1.67M – $12.6M$4.78M (+4%)before first round–unknownD0%
1 Jun 2012$4.60M$1.67M – $12.6M$4.80M (+4%)before first round–unknownD0%
1 Jul 2012$4.60M$1.67M – $12.6M$4.82M (+5%)before first round–unknownD0%
1 Aug 2012$4.61M$1.68M – $12.7M$4.84M (+5%)before first round–unknownD0%
1 Sep 2012$4.63M$1.69M – $12.7M$4.85M (+5%)before first round–unknownD0%
1 Oct 2012$4.65M$1.69M – $12.8M$4.87M (+5%)before first round–unknownD0%
1 Nov 2012$4.67M$1.70M – $12.8M$4.89M (+5%)before first round–unknownD0%
1 Dec 2012$4.69M$1.71M – $12.9M$4.91M (+5%)before first round–unknownD0%
1 Jan 2013$4.70M$1.71M – $12.9M$4.93M (+5%)before first round–unknownD0%
1 Feb 2013$4.72M$1.72M – $13.0M$4.95M (+5%)before first round–unknownD0%
1 Mar 2013$4.74M$1.73M – $13.0M$4.97M (+5%)before first round–unknownD0%
1 Apr 2013$4.76M$1.73M – $13.1M$4.99M (+5%)before first round–unknownD0%
1 May 2013$4.78M$1.74M – $13.1M$5.01M (+5%)before first round–unknownD0%
1 Jun 2013$4.80M$1.75M – $13.2M$5.03M (+5%)before first round–unknownD0%
1 Jul 2013$4.82M$1.75M – $13.2M$5.05M (+5%)before first round–unknownD0%
1 Aug 2013$4.83M$1.76M – $13.3M$5.07M (+5%)before first round–unknownD0%
1 Sep 2013$4.85M$1.77M – $13.3M$5.09M (+5%)before first round–unknownD0%
1 Oct 2013$4.87M$1.77M – $13.4M$5.11M (+5%)before first round–unknownD0%
1 Nov 2013$4.89M$1.78M – $13.4M$5.13M (+5%)before first round–unknownD0%
1 Dec 2013$4.91M$1.79M – $13.5M$5.15M (+5%)before first round–unknownD0%
1 Jan 2014$4.93M$1.79M – $13.5M$5.17M (+5%)before first round–unknownD0%
1 Feb 2014$4.95M$1.80M – $13.6M$5.19M (+5%)before first round–unknownD0%
1 Mar 2014$4.97M$1.81M – $13.6M$5.21M (+5%)before first round–unknownD0%
1 Apr 2014$4.99M$1.82M – $13.7M$5.23M (+5%)before first round–unknownD0%
1 May 2014$5.01M$1.82M – $13.8M$5.25M (+5%)before first round–unknownD0%
1 Jun 2014$5.03M$1.83M – $13.8M$5.27M (+5%)before first round–unknownD0%
1 Jul 2014$5.05M$1.84M – $13.9M$5.29M (+5%)before first round–unknownD0%
1 Aug 2014$5.07M$1.84M – $13.9M$5.31M (+5%)before first round–unknownD0%
1 Sep 2014$5.09M$1.85M – $14.0M$5.33M (+5%)before first round–unknownD0%
1 Oct 2014$5.11M$1.86M – $14.0M$5.35M (+5%)before first round–unknownD0%
1 Nov 2014$5.13M$1.87M – $14.1M$5.37M (+5%)before first round–unknownD0%
1 Dec 2014$5.15M$1.87M – $14.1M$5.39M (+5%)before first round–unknownD0%
1 Jan 2015$5.17M$1.88M – $14.2M$5.41M (+5%)before first round–unknownD0%
1 Feb 2015$5.19M$1.89M – $14.2M$5.44M (+5%)before first round–unknownD0%
1 Mar 2015$5.21M$1.90M – $14.3M$5.46M (+5%)before first round–unknownD0%
1 Apr 2015$5.23M$1.90M – $14.4M$5.48M (+5%)before first round–unknownD0%
1 May 2015$5.25M$1.91M – $14.4M$5.50M (+5%)before first round–unknownD0%
1 Jun 2015$5.27M$1.92M – $14.5M$5.52M (+5%)before first round–unknownD0%
1 Jul 2015$5.29M$1.93M – $14.5M$5.54M (+5%)before first round–unknownD0%
1 Aug 2015$5.31M$1.93M – $14.6M$5.69M (+7%)before first round–unknownD0%
1 Sep 2015$5.33M$1.94M – $14.6M$5.84M (+10%)before first round–unknownD0%
1 Oct 2015$5.35M$1.95M – $14.7M$5.99M (+12%)before first round–unknownD0%
1 Nov 2015$5.37M$1.96M – $14.8M$6.16M (+15%)before first round–unknownD0%
1 Dec 2015$5.39M$1.96M – $14.8M$6.32M (+17%)before first round–unknownD0%
1 Jan 2016$5.41M$1.97M – $14.9M$6.49M (+20%)before first round–unknownD0%
1 Feb 2016$5.44M$1.98M – $14.9M$6.67M (+23%)before first round–unknownD0%
1 Mar 2016$5.46M$1.99M – $15.0M$6.84M (+25%)before first round–unknownD0%
1 Apr 2016$5.48M$1.99M – $15.0M$7.02M (+28%)before first round–unknownD0%
1 May 2016$5.50M$2.00M – $15.1M$7.21M (+31%)before first round–unknownD0%
1 Jun 2016$5.52M$2.01M – $15.2M$7.40M (+34%)before first round–unknownD0%
1 Jul 2016$5.54M$2.02M – $15.2M$7.60M (+37%)before first round–unknownD0%
1 Aug 2016$5.69M$2.07M – $15.6M$7.80M (+37%)before first round–unknownD0%
1 Sep 2016$5.84M$2.13M – $16.1M$8.01M (+37%)before first round–unknownD0%
1 Oct 2016$6.00M$2.18M – $16.5M$8.22M (+37%)before first round–unknownD0%
1 Nov 2016$6.16M$2.24M – $16.9M$8.45M (+37%)before first round–unknownD0%
1 Dec 2016$6.32M$2.30M – $17.4M$8.67M (+37%)before first round–unknownD0%
1 Jan 2017$6.49M$2.36M – $17.8M$8.90M (+37%)before first round–unknownD0%
1 Feb 2017$6.67M$2.43M – $18.3M$9.14M (+37%)before first round–unknownD0%
1 Mar 2017$6.83M$2.49M – $18.8M$9.36M (+37%)before first round–unknownD0%
1 Apr 2017$7.01M$2.55M – $19.3M$9.62M (+37%)before first round–unknownD0%
1 May 2017$7.20M$2.62M – $19.8M$9.87M (+37%)before first round–unknownD0%
1 Jun 2017$7.39M$2.69M – $20.3M$10.1M (+37%)before first round–unknownD0%
1 Jul 2017$7.59M$2.76M – $20.8M$10.4M (+37%)before first round–unknownD0%
1 Aug 2017$7.79M$2.84M – $21.4M$10.7M (+37%)before first round–unknownD0%
1 Sep 2017$8.01M$2.91M – $22.0M$11.0M (+37%)before first round–unknownD0%
1 Oct 2017$8.22M$2.99M – $22.6M$11.3M (+37%)before first round–unknownD0%
1 Nov 2017$8.44M$3.07M – $23.2M$11.6M (+37%)before first round–unknownD0%
1 Dec 2017$8.66M$3.15M – $23.8M$11.9M (+37%)before first round–unknownD0%
1 Jan 2018$8.90M$3.24M – $24.4M$12.2M (+37%)before first round–unknownD0%
1 Feb 2018$9.14M$3.33M – $25.1M$12.5M (+37%)before first round–unknownD0%
1 Mar 2018$9.36M$3.41M – $25.7M$12.8M (+37%)before first round–unknownD0%
1 Apr 2018$9.62M$3.50M – $26.4M$13.2M (+37%)before first round–unknownD0%
1 May 2018$9.87M$3.59M – $27.1M$13.5M (+37%)before first round–unknownD0%
1 Jun 2018$10.1M$3.69M – $27.8M$13.9M (+37%)before first round–unknownD0%
1 Jul 2018$10.4M$3.79M – $28.6M$14.3M (+37%)before first round–unknownD0%
1 Aug 2018$10.7M$3.89M – $29.4M$14.4M (+35%)before first round–unknownD0%
1 Sep 2018$11.0M$4.00M – $30.2M$14.5M (+32%)before first round–unknownD0%
1 Oct 2018$11.3M$4.10M – $30.9M$14.7M (+30%)before first round–unknownD0%
1 Nov 2018$11.6M$4.21M – $31.8M$14.8M (+28%)before first round–unknownD0%
1 Dec 2018$11.9M$4.32M – $32.6M$14.9M (+26%)before first round–unknownD0%
1 Jan 2019$12.2M$4.44M – $33.5M$15.1M (+24%)before first round–unknownD0%
1 Feb 2019$12.5M$4.56M – $34.4M$15.2M (+21%)before first round–unknownD0%
1 Mar 2019$12.8M$4.67M – $35.3M$15.3M (+19%)before first round–unknownD0%
1 Apr 2019$13.2M$4.80M – $36.2M$15.5M (+17%)before first round–unknownD0%
1 May 2019$13.5M$4.93M – $37.2M$15.6M (+15%)before first round–unknownD0%
1 Jun 2019$13.9M$5.06M – $38.2M$15.8M (+13%)before first round–unknownD0%
1 Jul 2019$14.3M$5.19M – $39.2M$15.9M (+11%)before first round–unknownD0%
1 Aug 2019$14.4M$5.25M – $39.6M$16.0M (+11%)before first round–unknownD0%
1 Sep 2019$14.5M$5.29M – $39.9M$16.2M (+11%)before first round–unknownD0%
1 Oct 2019$14.7M$5.34M – $40.3M$16.3M (+11%)before first round–unknownD0%
1 Nov 2019$14.8M$5.39M – $40.7M$16.5M (+11%)before first round–unknownD0%
1 Dec 2019$14.9M$5.44M – $41.0M$16.6M (+11%)before first round–unknownD0%
1 Jan 2020$15.1M$5.49M – $41.4M$16.8M (+11%)before first round–unknownD0%
1 Feb 2020$15.2M$5.54M – $41.8M$16.9M (+11%)before first round–unknownD0%
1 Mar 2020$15.3M$5.59M – $42.1M$17.1M (+11%)before first round–unknownD0%
1 Apr 2020$15.5M$5.64M – $42.5M$17.2M (+11%)before first round–unknownD0%
1 May 2020$15.6M$5.69M – $42.9M$17.4M (+11%)before first round–unknownD0%
1 Jun 2020$15.8M$5.74M – $43.3M$17.6M (+11%)before first round–unknownD0%
1 Jul 2020$15.9M$5.79M – $43.7M$17.7M (+11%)before first round–unknownD0%
1 Aug 2020$16.1M$5.84M – $44.1M$17.9M (+11%)before first round–unknownD0%
1 Sep 2020$16.2M$5.90M – $44.5M$18.0M (+11%)before first round–unknownD0%
1 Oct 2020$16.3M$5.95M – $44.9M$18.2M (+11%)before first round–unknownD0%
1 Nov 2020$16.5M$6.00M – $45.3M$18.4M (+11%)before first round–unknownD0%
1 Dec 2020$16.6M$6.06M – $45.7M$18.5M (+11%)before first round–unknownD0%
1 Jan 2021$28.6M$5.97M – $137M$29.5M (+3%)before first round140unknownD0%
1 Feb 2021$28.6M$5.98M – $137M$29.5M (+3%)before first round140unknownD0%
1 Mar 2021$28.7M$6.00M – $137M$29.6M (+3%)before first round140unknownD0%
1 Apr 2021$28.8M$6.01M – $138M$29.7M (+3%)before first round140unknownD0%
1 May 2021$28.9M$6.03M – $138M$29.7M (+3%)before first round140unknownD0%
13 May 2021$1.0B$657M – $1.7B$1.1B (+10%)after a round140unknownB0%
1 Jun 2021$1.0B$657M – $1.7B$1.1B (+9%)after a round140unknownB0%
1 Jul 2021$1.0B$657M – $1.7B$1.1B (+9%)after a round140unknownB0%
1 Aug 2021$1.0B$657M – $1.7B$1.1B (+8%)after a round140unknownB0%
1 Sep 2021$1.0B$657M – $1.7B$1.1B (+7%)after a round140unknownB0%
1 Oct 2021$1.0B$657M – $1.7B$1.1B (+6%)after a round140unknownB0%
1 Nov 2021$1.0B$657M – $1.7B$1.1B (+5%)after a round140unknownB0%
1 Dec 2021$1.1B$657M – $1.7B$1.1B (+4%)after a round140unknownB0%
1 Jan 2022$1.1B$657M – $1.7B$1.1B (+3%)after a round140unknownB0%
1 Feb 2022$1.2B$765M – $1.9B$1.3B (+7%)after a round280growingB0%
1 Mar 2022$1.2B$765M – $1.9B$1.3B (+5%)after a round280growingB0%
1 Apr 2022$1.2B$765M – $1.9B$1.3B (+3%)after a round280growingB0%
1 May 2022$1.3B$765M – $1.9B$1.3B (+1%)after a round280growingB0%
1 Jun 2022$1.3B$762M – $1.9B$1.3B (0%)after a round280growingB0%
1 Jul 2022$1.3B$756M – $1.9B$1.3B (0%)after a round280growingB0%
1 Aug 2022$1.3B$670M – $1.9B$1.3B (0%)after a round280unknownB0%
1 Sep 2022$1.3B$637M – $1.9B$1.3B (0%)after a round280unknownB0%
1 Oct 2022$1.3B$606M – $1.9B$1.3B (0%)after a round280unknownB0%
6 Oct 2022$3.2B$2.3B – $5.1B$3.6B (+10%)after a round280unknownB0%
1 Nov 2022$3.3B$2.3B – $5.1B$3.6B (+9%)after a round280unknownB0%
1 Dec 2022$3.3B$2.3B – $5.1B$3.6B (+8%)after a round280unknownB0%
1 Jan 2023$3.3B$2.3B – $5.1B$3.6B (+8%)after a round280unknownB0%
1 Feb 2023$3.3B$2.3B – $5.1B$3.6B (+7%)after a round280unknownB0%
1 Mar 2023$3.4B$2.3B – $5.1B$3.6B (+6%)after a round280unknownB0%
1 Apr 2023$3.4B$2.3B – $5.1B$3.6B (+5%)after a round280unknownB0%
1 May 2023$3.4B$2.3B – $5.1B$3.6B (+4%)after a round480growingB0%
1 Jun 2023$3.5B$2.3B – $5.1B$3.6B (+3%)after a round480growingB0%
1 Jul 2023$3.5B$2.3B – $5.1B$3.6B (+3%)after a round480growingB0%
1 Aug 2023$3.5B$2.3B – $5.1B$3.6B (+2%)after a round480unknownB0%
1 Sep 2023$3.5B$2.3B – $5.1B$3.6B (+1%)after a round480unknownB0%
1 Oct 2023$3.6B$2.3B – $5.1B$3.6B (0%)after a round480unknownB0%
1 Nov 2023$3.6B$2.2B – $5.1B$3.6B (0%)after a round520flatB0%
1 Dec 2023$3.6B$2.1B – $5.1B$3.6B (0%)after a round520flatB0%
1 Jan 2024$3.6B$2.0B – $5.1B$3.6B (0%)after a round520flatB0%
1 Feb 2024$3.6B$1.9B – $5.1B$3.6B (0%)after a round520flatB0%
1 Mar 2024$3.6B$2.0B – $5.1B$3.6B (0%)after a round570upB0%
1 Apr 2024$3.6B$1.9B – $5.1B$3.6B (0%)after a round580upB0%
1 May 2024$3.6B$1.9B – $5.1B$3.6B (0%)after a round580upB0%
1 Jun 2024$3.6B$1.8B – $5.1B$3.6B (0%)after a round580upB0%
1 Jul 2024$3.6B$1.8B – $5.1B$3.6B (0%)after a round580upB0%
1 Aug 2024$3.6B$1.7B – $5.1B$3.6B (0%)after a round620upB0%
1 Sep 2024$3.6B$1.7B – $5.1B$3.6B (0%)after a round630upB0%
1 Oct 2024$3.6B$1.7B – $5.1B$3.6B (0%)after a round630upB0%
1 Nov 2024$3.6B$1.5B – $5.1B$3.6B (0%)after a round630upC0%
1 Dec 2024$3.6B$1.4B – $5.1B$3.6B (0%)after a round650upC0%
1 Jan 2025$3.6B$1.4B – $5.1B$3.6B (-1%)after a round650upC0%
1 Feb 2025$3.6B$1.3B – $5.1B$3.5B (-1%)after a round650upC0%
1 Mar 2025$3.6B$1.3B – $5.1B$3.5B (-1%)after a round650upC0%
1 Apr 2025$3.6B$1.2B – $5.1B$3.5B (-1%)after a round650upC0%
1 May 2025$3.6B$1.2B – $5.1B$3.5B (-3%)after a round650upC0%
1 Jun 2025$3.6B$1.2B – $5.1B$3.4B (-3%)after a round650upC0%
1 Jul 2025$3.6B$1.1B – $5.1B$3.4B (-4%)after a round650upC0%
1 Aug 2025$3.6B$1.1B – $5.1B$3.4B (-4%)after a round650upC0%
1 Sep 2025$3.6B$729M – $5.1B$3.3B (-7%)after a round619flatC0%
1 Oct 2025$3.6B$694M – $5.1B$3.2B (-9%)after a round619flatC0%
1 Nov 2025$3.2B$659M – $4.9B$2.9B (-11%)after a round604flatD9%
1 Dec 2025$3.0B$627M – $4.9B$2.7B (-12%)after a round608flatD14%
1 Jan 2026$3.0B$596M – $4.8B$2.7B (-11%)after a round608flatD14%
1 Feb 2026$2.7B$567M – $4.7B$2.3B (-13%)after a round608flatD23%
1 Mar 2026$2.3B$541M – $4.6B$1.9B (-16%)after a round608flatD35%
1 Apr 2026$2.3B$514M – $4.5B$1.9B (-15%)after a round608flatD35%
1 May 2026$2.2B$490M – $4.5B$1.9B (-15%)after a round608flatD35%
1 Jun 2026$1.6B$465M – $4.3B$1.3B (-21%)after a round568downD59%
1 Jul 2026$1.6B$443M – $4.2B$1.3B (-21%)after a round568downD59%
1 Aug 2026$1.6B$421M – $4.2B$1.3B (-19%)after a round585downD55%
1 Sep 2026$1.7B$400M – $4.2B$1.4B (-16%)after a round585downD50%
1 Oct 2026$1.7B$381M – $4.2B$1.5B (-13%)after a round599flatD46%
24 Oct 2026$1.5B$300M – $4.5B$1.3B (-12%)after a round599flatD43%

Key facts about NetSPI

Founded
2001
Headquarters
Minneapolis, United States
Employees
about 599 -3% in a year
Total raised
$500M
Funding rounds
2
Last round
Growth Equity Oct 2022

NetSPI was founded in 2001 by Deke George.

NetSPI funding history

NetSPI has 2 funding rounds on record, from May 2021 to Oct 2022, $500M in total. None disclosed a valuation.

  1. Growth Equity 5 Oct 2022

    Led by KKR; with Sunstone Partners.

    Sources: netspi.com, netspi.com

    $410M

  2. Growth Equity 12 May 2021

    Led by KKR; with Ten Eleven, Sunstone Partners.

    Sources: netspi.com, netspi.com

    $90M

NetSPI investors

3 investors have backed NetSPI; KKR led at least one round.

What NetSPI does

NetSPI works in tech companies, with 15 recorded offerings and customers in financial services, healthcare, technology and cloud computing.

NetSPI, LLC is an American cybersecurity company engaged in providing proactive cybersecurity solutions, including penetration testing as a service, attack surface management, and breach and attack simulation as a service. The company also offers security assessments, red team operations, social engineering, threat modeling, blockchain security, secure code review, and cybersecurity maturity assessments. NetSPI operates a platform that provides real-time visibility into assets, vulnerabilities, and exposures, and serves clients such as major cloud providers, banks, healthcare companies, and technology firms. The company maintains a global presence with offices in the United States, Canada, the United Kingdom, and India, and is certified for its cybersecurity services.

Description from Veridion's company data.

Products and services

  • Cybersecurity Solutions Development
  • Penetration Testing Services
  • Attack Surface Management Services
  • Breach and Attack Simulation Services
  • Security Assessment Services
  • Red Team Operations Services
  • Social Engineering Testing Services
  • Threat Modeling Services
  • Blockchain Security Assessment Services
  • Secure Code Review Services
  • Cybersecurity Maturity Assessment Services
  • AI-Driven Security Platform Solutions
  • Cloud-Based Security Solutions
  • Vulnerability Prioritization and Remediation Services
  • Strategic Security Consulting Services

Markets

  • Financial Services
  • Healthcare
  • Technology
  • Cloud Computing

Technology

  • AI-Driven Security Automation
  • Blockchain Security Protocols
  • Real-Time Asset and Vulnerability Monitoring

Business model

  • Business-to-Business
  • Service Provider
  • Software-as-a-Service
  • Enterprise

Industry codes (NAICS)

  • 541690 Other Scientific and Technical Consulting Services 100% match

Questions about NetSPI

What is NetSPI worth?

Valuation $1.5B (range $300M to $4.5B), as of 24 Oct 2026.

Has NetSPI raised money?

NetSPI has 2 funding rounds on record, from May 2021 to Oct 2022, $500M in total. None disclosed a valuation.

Who has invested in NetSPI?

KKR, Sunstone Partners and Ten Eleven. Lead investors include KKR.

How many people work at NetSPI?

About 599, down 3% over the last year. Headcount grew from 140 in Jan 2021 to 599 in Sep 2026.

What does NetSPI do?

NetSPI works in tech companies, with 15 recorded offerings and customers in financial services, healthcare, technology and cloud computing. Its main offerings are cybersecurity solutions development, penetration testing services and attack surface management services.

When was NetSPI founded, and where is it based?

NetSPI was founded in 2001 and is based in Minneapolis, United States. It has about 599 employees, down 3% over the last year.