Funding round
ReliaQuest Growth
Reported as "Growth Equity"
ReliaQuest, which works in AI-Powered security operations platform development in Tampa, raised $300M in a Growth round announced on 25 Aug 2020, led by KKR. 2 firms took part. It is ReliaQuest's first venture round on record.
$300M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
ReliaQuest did not disclose a valuation in this round. It is ReliaQuest's first venture round on record, 13 years after it was founded in 2007. It is 38% of the $800M ReliaQuest has raised in the venture rounds on record. ReliaQuest raised again 55 months later: a Growth round of $500M in Mar 2025, at $3.40B post-money.
ReliaQuest's funding rounds
ReliaQuest has 2 venture rounds on record. This one is highlighted.
- Growth this round 25 Aug 2020, led by KKR $300M
- Growth 31 Mar 2025, led by EQT, KKR and FTV Management Company $500M$3.40B post-money
Investors
Who put money in
KKR led the round with 1 other firm.
Lead investor
- KKR backs 104 venture-backed companies new investor
Also in the round
- backs 45 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
298 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $50M, and this round was 6.1 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 17 Aug 2020 | $45M | not disclosed | FTV Management Company |
| Tech Companies | 27 Aug 2020 | $45M | not disclosed | Koch Disruptive Technologies |
| Socure Tech Companies | 25 Aug 2020 | $35M | not disclosed | Sorenson Ventures |
| Tech Companies | 6 Aug 2020 | $30M | not disclosed | One Peak |
| Tech Companies | 18 Aug 2020 | $20M | $144M | OpenView |
| Tech Companies | 27 Aug 2020 | undisclosed | not disclosed | Accel-KKR |
| Tech Companies | 26 Aug 2020 | undisclosed | not disclosed | Knox Capital |
| Tech Companies | 18 Aug 2020 | undisclosed | not disclosed | Serent Capital |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did ReliaQuest raise in its Growth round?
ReliaQuest raised $300M in its Growth round, announced in Aug 2020.
Who led ReliaQuest's Growth round?
KKR led it, with Ten Eleven.
What was ReliaQuest's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Tech Companies?
298 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $50M, and this round was 6.1 times the median.
Did ReliaQuest raise again after this round?
Yes: a Growth round in Mar 2025 of $500M at $3.40B post-money.