Investment memo
Cyera
Redefining Data Security for the Cloud Era
USAInformation updated on Aug 16, 2026
Unicorn scoreA 100-point read across the founding team, traction, market, execution and how well each is evidenced. Higher means closer to the profile of companies that went on to reach a billion-dollar valuation.
Listen to the Cyera brief memo
Current valuation
$12B
Verified Jul 16, 2026
Since we found it
×1.3
First screened May 24, 2026
Total raised
$2.3B
Last round: Series G
Addressable marketToday: Global AI-native data security and cybersecurity market ($500B). If the category wins: Global AI-expanded cybersecurity market ($2000B).
~$500B – $2000B
Cyera is an AI-native data security platform that helps enterprises discover, classify, govern, and protect sensitive data across cloud, SaaS, and on-premises systems. The platform empowers security leaders to manage their data attack surface, control data use, and remediate risks, operating in the data security posture management category.
How the score breaks down
A 100-point read across the founding team, traction, market, execution and how well each is evidenced. Higher means closer to the profile of companies that went on to reach a billion-dollar valuation.| Category | Strength | Score |
|---|---|---|
| Founder Background | 84% | |
| Strategic Position | 85% | |
| Execution Velocity | 67% | |
| Traction Momentum | 80% | |
| Market & Scalability | 73% |
Data confidence 87/100. This measures how much of the memo rests on sourced evidence rather than inference. It was assembled by reading 275 public sources about the company. Compiled Aug 16, 2026.
That gathering is automated, so mistakes are possible. The confidence figure is the honest guide: the higher it is, the more of what you are reading came from a source rather than an inference.
Founding team
Prior exits, repeat founders and relevant domain experience are the single strongest early signal in venture data.3 founders
Traction
- Latest round
- Series G · $600M
- Revenue
- $150M
- Team size
- 1,626-2%in 3 months
Investors (13)
Momentum & social pulse
Momentum & social pulse- Press coverage
- +1 article
- vs the 3 months before
- LinkedIn followers
- 84K
- LinkedIn activity
- 30.8 posts / 30 days
- last post 2 days ago
What customers say
What customers say- G2
One reviewer“I like Cyera for its strong customer engagement and remediation capabilities. The customer success team is amazing; they are always available and provide excellent support.”
- Aws Marketplace
One reviewer“I rate Cyera eight out of ten because there is always room for improvements. Regarding Cyera's AI capabilities, I think its governance and security are perfect.”
Market
The market it sells into today
$500B
Global AI-native data security and cybersecurity market for enterprises
The market it competes for if its category wins
$2000B
Global AI-expanded cybersecurity market
Cyera will expand from its current data security posture management and data loss prevention offerings to become the foundational "trust layer" for all enterprise AI, securing data and identities across the entire AI lifecycle and infrastructure.
Why this startup makes sense now
What changed in the world recently that makes this the right moment. A great idea at the wrong time still fails, so a weak answer here is a real risk.The accelerating enterprise adoption of AI, especially agentic AI, is creating new and complex data security challenges that traditional cybersecurity solutions cannot adequately address, leading to a surge in demand for AI-native data security platforms.
What competitors cannot copy
What the company has that a well-funded competitor cannot simply copy: proprietary technology, exclusive data, a regulatory position, a network that grows with every user.The core advantage is its proprietary AI-native, agentless engine leveraging LLMs for highly precise and autonomous data discovery and classification across diverse enterprise environments (cloud, SaaS, on-prem), achieving over 95% accuracy. This deep technical capability provides a significant edge in managing complex data security postures.
Who else is in the race
Who else is going after the same customers, and where this company sits among them.Key competitors include BigID, Varonis, Securiti, Sentra, Dig Security, and Wiz. These companies offer various data security posture management (DSPM) and data loss prevention (DLP) solutions, often incorporating AI to address the evolving landscape of cloud and hybrid data environments. Cyera differentiates itself with its AI-native, agentless approach for comprehensive data discovery and classification.
Road to centicorn
The arithmetic that gets to a $100B+ centicorn outcome: who they sell to, at what price, and how many of them there need to be.The global cybersecurity market is projected to reach $350-500B by 2030. Cyera's focus on AI-native data security positions it to capture a substantial share of enterprise spending as AI adoption accelerates. Scaling to $1B revenue would involve expanding its platform to cover more data environments (cloud, SaaS, on-prem), deepening integrations with major enterprise platforms (e.g., AWS, Snowflake), and leveraging its agentless, high-precision AI classification to become the de facto "trust layer" for AI transformation in large enterprises globally.
Our track record on this company
The valuation recorded the first time this company was screened, against the most recent verified one. It is never rewritten, so the multiple is a real track record.| First screened | May 24, 2026 |
|---|---|
| Entry valuation | $9B |
| Current valuation | $12B |
| Multiple since entry | ×1.3 |
Latest valuation verified from Reuters on Jul 16, 2026. Entry valuation and date are frozen the first time a company is screened and are never rewritten. Valuations are re-checked quarterly against public funding announcements.
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