Funding round
ReliaQuest Growth
Reported as "Growth Equity"
ReliaQuest, which works in AI-Powered security operations platform development in Tampa, raised $500M in a Growth round announced on 31 Mar 2025, led by EQT, KKR and FTV Management Company, at a $3.40B post-money valuation. 5 firms took part, 4 of them already investors. It is ReliaQuest's second venture round on record; the one before was a Growth in Aug 2020.
$500M
Amount raised
$3.40B
Post-money valuation
$2.90B pre-money
5
Investors
3 leads
15%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced ReliaQuest at $3.40B after the new money. The $500M bought investors about 15% of the company. It came 55 months after ReliaQuest's Growth. It is 63% of the $800M ReliaQuest has raised in the venture rounds on record. No later venture round is on record for ReliaQuest.
ReliaQuest's funding rounds
ReliaQuest has 2 venture rounds on record. This one is highlighted.
- Growth 25 Aug 2020, led by KKR $300M
- Growth this round 31 Mar 2025, led by EQT, KKR and FTV Management Company $500M$3.40B post-money
Investors
Who put money in
EQT, KKR and FTV Management Company led the round with 2 other firms. KKR, FTV Management Company, Ten Eleven and Finback Investment Partners had backed ReliaQuest before.
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
431 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $50M, and this round was 10 times the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| OpenAI Tech Companies | 31 Mar 2025 | $40.00B | $300.00B | SoftBank Group |
| Tech Companies | 13 Mar 2025 | $275M | $7.50B | Andreessen Horowitz |
| Tech Companies | 10 Mar 2025 | $250M | not disclosed | not named |
| Tech Companies | 5 Mar 2025 | $140M | $1.00B | KKR and Partners Group |
| Nexthop AI Tech Companies | 25 Mar 2025 | $110M | not disclosed | Lightspeed Venture Partners and Kleiner Perkins |
| Dataminr Tech Companies | 19 Mar 2025 | $85M | not disclosed | NightDragon |
| Mews Tech Companies | 4 Mar 2025 | $75M | not disclosed | Tiger Global |
| Tech Companies | 17 Mar 2025 | $60M | not disclosed | Climate Investment |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did ReliaQuest raise in its Growth round?
ReliaQuest raised $500M in its Growth round, announced in Mar 2025.
Who led ReliaQuest's Growth round?
EQT, KKR and FTV Management Company led it, with Ten Eleven and Finback Investment Partners.
What was ReliaQuest's valuation at the Growth round?
$3.40B post-money ($2.90B pre-money).
How does it compare with other Growth rounds in Tech Companies?
431 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $50M, and this round was 10 times the median.