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Transmit Security valuation, funding and investors

Transmit Security works in identity and access management platform development, based in Boston, United States. Founded in 2014, it has about 325 employees.

VALUATION · TODAY
$2.69B −8% after Series A
Range $177M – $4.22B · Grade D
TODAY
+12 MO
$2.00B
$4.00B
$6.00B
$8.00B
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series A $543M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY325 employees
+4%6m growth
+4%1y growth
+8%2y growth
250
500
Data from Jan 2021
TODAY
Predicted in 1 yr $2.47B −8% vs today
Predicted next raise $639M if a round comes
Winding-down probability 5%
Last round
Series A · $543M · Jun 2021
Valuation at last round
$2.20B
Headcount
325 · flat
Grade
D
Founded
2014
How VCMC values companies →

Transmit Security valuation today

VCMC values Transmit Security at $2.7B today, with a range of $177M to $4.2B and a grade of D. The valuation starts from its last funding round, a Series A round in Jun 2021.

Valuation by date (156 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.

Transmit Security: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
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$25.5M$8.65M – $75.4M$29.8M (+17%)before first round170unknownD0%
1 Feb 2021$25.9M$8.67M – $77.4M$30.1M (+16%)before first round170unknownD0%
1 Mar 2021$26.2M$8.69M – $79.3M$30.4M (+16%)before first round170unknownD0%
1 Apr 2021$26.6M$8.70M – $81.4M$30.7M (+15%)before first round170flatD0%
1 May 2021$27.0M$8.72M – $83.5M$31.0M (+15%)before first round170flatD0%
1 Jun 2021$27.3M$8.73M – $85.7M$31.3M (+14%)before first round170flatD0%
23 Jun 2021$2.2B$1.9B – $4.6B$4.0B (+80%)after a round170flatB0%
1 Jul 2021$2.2B$1.9B – $4.6B$4.0B (+77%)after a round170flatB0%
1 Aug 2021$2.3B$1.9B – $4.6B$4.0B (+69%)after a round170flatB0%
1 Sep 2021$2.5B$1.9B – $4.6B$4.0B (+61%)after a round170flatB0%
1 Oct 2021$2.6B$1.9B – $4.6B$4.0B (+53%)after a round170flatB0%
1 Nov 2021$2.7B$1.9B – $4.6B$4.0B (+46%)after a round170flatB0%
1 Dec 2021$2.9B$1.9B – $4.6B$4.0B (+39%)after a round170flatB0%
1 Jan 2022$3.0B$1.9B – $4.6B$4.0B (+32%)after a round170flatB0%
1 Feb 2022$3.2B$1.9B – $4.6B$4.0B (+26%)after a round170flatB0%
1 Mar 2022$3.3B$1.9B – $4.6B$4.0B (+20%)after a round170flatB0%
1 Apr 2022$3.9B$1.9B – $5.4B$4.7B (+18%)after a round360growingB0%
1 May 2022$4.2B$1.9B – $5.4B$4.7B (+11%)after a round360growingB0%
1 Jun 2022$4.5B$1.9B – $5.4B$4.7B (+4%)after a round360growingB0%
1 Jul 2022$4.7B$1.9B – $5.4B$4.7B (0%)after a round360growingB0%
1 Aug 2022$4.7B$2.0B – $5.4B$4.7B (0%)after a round360growingB0%
1 Sep 2022$4.7B$2.0B – $5.4B$4.7B (0%)after a round360growingB0%
1 Oct 2022$4.7B$2.1B – $5.4B$4.7B (0%)after a round360growingB0%
1 Nov 2022$4.7B$1.6B – $5.4B$4.7B (0%)after a round360unknownB0%
1 Dec 2022$4.7B$1.6B – $5.4B$4.7B (0%)after a round360unknownC0%
1 Jan 2023$4.7B$1.5B – $5.4B$4.7B (0%)after a round370flatC0%
1 Feb 2023$4.7B$1.5B – $5.4B$4.7B (0%)after a round370flatC0%
1 Mar 2023$4.7B$1.4B – $5.4B$4.7B (0%)after a round370flatC0%
1 Apr 2023$4.7B$1.4B – $5.4B$4.7B (0%)after a round370flatC0%
1 May 2023$4.7B$1.3B – $5.4B$4.7B (0%)after a round370flatC0%
1 Jun 2023$4.7B$1.3B – $5.4B$4.7B (0%)after a round370flatC0%
1 Jul 2023$4.7B$1.2B – $5.4B$4.7B (0%)after a round370flatC0%
1 Aug 2023$4.7B$1.2B – $5.4B$4.7B (-1%)after a round370flatC0%
1 Sep 2023$4.7B$1.1B – $5.4B$4.6B (-2%)after a round370flatC0%
1 Oct 2023$4.7B$1.1B – $5.4B$4.6B (-2%)after a round370flatC0%
1 Nov 2023$4.7B$1.0B – $5.4B$4.7B (0%)after a round370unknownC0%
1 Dec 2023$4.7B$955M – $5.4B$4.7B (0%)after a round370unknownC0%
1 Jan 2024$4.7B$908M – $5.4B$4.7B (0%)after a round370unknownC0%
1 Feb 2024$4.7B$863M – $5.4B$4.7B (0%)after a round370unknownC0%
1 Mar 2024$2.0B$797M – $4.8B$1.3B (-33%)after a round320downC73%
1 Apr 2024$1.9B$757M – $4.9B$1.3B (-34%)after a round320downC73%
1 May 2024$1.9B$721M – $5.0B$1.2B (-34%)after a round320downC73%
1 Jun 2024$1.8B$685M – $5.0B$1.2B (-35%)after a round320downC73%
1 Jul 2024$1.7B$652M – $4.2B$1.2B (-28%)after a round320downC73%
1 Aug 2024$1.7B$611M – $4.2B$1.3B (-27%)after a round300flatC67%
1 Sep 2024$1.8B$581M – $4.2B$1.3B (-26%)after a round300flatC61%
1 Oct 2024$1.9B$553M – $4.2B$1.4B (-25%)after a round300flatD57%
1 Nov 2024$2.0B$529M – $4.3B$1.5B (-23%)after a round310flatD52%
1 Dec 2024$2.1B$504M – $4.3B$1.6B (-22%)after a round310flatD48%
1 Jan 2025$2.2B$479M – $4.3B$1.7B (-21%)after a round310flatD44%
1 Feb 2025$2.2B$455M – $4.3B$1.8B (-20%)after a round310flatD41%
1 Mar 2025$2.3B$434M – $4.3B$1.9B (-20%)after a round310flatD37%
1 Apr 2025$2.4B$413M – $4.3B$1.9B (-19%)after a round310flatD34%
1 May 2025$2.4B$393M – $4.3B$2.0B (-18%)after a round310flatD32%
1 Jun 2025$2.5B$373M – $4.3B$2.1B (-16%)after a round310flatD29%
1 Jul 2025$2.6B$356M – $4.5B$2.2B (-16%)after a round313flatD27%
1 Aug 2025$2.7B$339M – $4.5B$2.3B (-14%)after a round316flatD25%
1 Sep 2025$2.7B$322M – $4.4B$2.4B (-13%)after a round316flatD23%
1 Oct 2025$2.8B$306M – $4.5B$2.5B (-11%)after a round313flatD21%
1 Nov 2025$2.8B$291M – $4.4B$2.5B (-11%)after a round313flatD19%
1 Dec 2025$2.9B$277M – $4.4B$2.6B (-10%)after a round311flatD18%
1 Jan 2026$2.9B$263M – $4.4B$2.6B (-9%)after a round311flatD16%
1 Feb 2026$2.9B$250M – $4.4B$2.7B (-9%)after a round313flatD15%
1 Mar 2026$2.9B$239M – $4.3B$2.7B (-9%)after a round313flatD14%
1 Apr 2026$3.0B$227M – $4.3B$2.7B (-9%)after a round313flatD13%
1 May 2026$3.0B$219M – $4.3B$2.8B (-8%)after a round316flatD12%
1 Jun 2026$3.0B$219M – $4.2B$2.8B (-8%)after a round316flatD11%
1 Jul 2026$3.1B$220M – $4.2B$2.8B (-10%)after a round319flatD10%
1 Aug 2026$3.3B$220M – $4.2B$3.0B (-9%)after a round319flatD6%
1 Sep 2026$3.3B$220M – $4.2B$3.0B (-9%)after a round319flatD6%
1 Oct 2026$3.4B$221M – $4.2B$3.1B (-9%)after a round325flatD5%
24 Oct 2026$2.7B$177M – $4.2B$2.5B (-8%)after a round325flatD5%

Key facts about Transmit Security

Founded
2014
Headquarters
Boston, United States
Employees
about 325 +4% in a year
Total raised
$543M
Funding rounds
1
Last round
Series A Jun 2021

Transmit Security was founded in 2014 by Mickey Boodaei and Rakesh Loonkar.

Transmit Security funding history

Transmit Security has 1 funding round on record, from Jun 2021 to Jun 2021, $543M in total. The latest disclosed valuation is $2.20B post-money (Series A, Jun 2021).

  1. Series A 22 Jun 2021

    Led by Insight Partners, General Atlantic; with Cyberstarts, Geodesic Capital, SYN Ventures, Vintage Investment Partners, Artisanal Ventures, Citi Ventures, Goldman Sachs Asset Management.

    Sources: finsmes.com, insightpartners.com, techcrunch.com and 3 more

    $543M

    $2.20B post-money

Transmit Security investors

9 investors have backed Transmit Security; General Atlantic and Insight Partners led at least one round.

What Transmit Security does

Transmit Security works in tech companies, with 13 recorded offerings and customers in financial services, insurance, healthcare and retail.

Transmit Security, Inc. is a United States cybersecurity company engaged in customer identity and access management solutions. The company develops and provides a unified enterprise platform that integrates fraud prevention, identity verification, and customer identity management, supporting authentication, user management, identity orchestration, and fraud detection and response. Transmit Security serves clients in sectors such as banking, insurance, healthcare, and retail, and operates internationally with offices in the United States, Israel, and Japan. The company also develops software for password authentication, federated identity, and workforce identity management, and is a member of the FIDO Alliance Board.

Description from Veridion's company data.

Products and services

  • Identity and Access Management Platform Development
  • Identity Verification Services
  • Authentication Solutions Development
  • User Management Solutions
  • Identity Orchestration Solutions
  • Fraud Detection and Response Solutions
  • Federated Identity Management Solutions
  • Workforce Identity Management Solutions
  • Predictive AI Identity Security Solutions
  • Machine Learning Identity Security Solutions
  • Cloud Identity Platform Development
  • Secure Authentication Standards Advocacy
  • Digital Identity Security Consulting

Markets

  • Financial Services
  • Insurance
  • Healthcare
  • Retail

Technology

  • Predictive AI for Fraud Detection
  • Machine Learning for Identity Verification
  • FIDO Standards for Secure Authentication
  • Cloud Computing for Identity Management

Business model

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

Industry codes (NAICS)

  • 513210 Software Publishers 70% match
  • 541511 Custom Computer Programming Services 30% match

Questions about Transmit Security

What is Transmit Security worth?

Valuation $2.7B (range $177M to $4.2B), as of 24 Oct 2026. The last disclosed valuation was $2.20B (Series A, Jun 2021).

Has Transmit Security raised money?

Transmit Security has 1 funding round on record, from Jun 2021 to Jun 2021, $543M in total. The latest disclosed valuation is $2.20B post-money (Series A, Jun 2021).

Who has invested in Transmit Security?

General Atlantic, Insight Partners, Artisanal Ventures, Citi Ventures, Cyberstarts and Geodesic Capital, and 3 more. Lead investors include General Atlantic and Insight Partners.

How many people work at Transmit Security?

About 325, up 4% over the last year. Headcount rose from 170 in Jan 2021 to 370 in Jan 2023, then fell to 325 in Sep 2026.

What does Transmit Security do?

Transmit Security works in tech companies, with 13 recorded offerings and customers in financial services, insurance, healthcare and retail. Its main offerings are identity and access management platform development, identity verification services and authentication solutions development.

When was Transmit Security founded, and where is it based?

Transmit Security was founded in 2014 and is based in Boston, United States. It has about 325 employees, up 4% over the last year.