Claroty Revenue, Valuation, Funding & Investors

Claroty is valued at $3B as of January 2026, a 15.0x multiple on its last reported $200M revenue.

Last Claroty valuation

$3B

Secondary · Jan 2026

Last Claroty funding round

$150M

Series F · Jan 2026

Claroty revenue

$200M

Secondary · Jan 2026

Key investors in Claroty

Claroty Overview

About Claroty

Claroty is a New York-headquartered industrial cybersecurity firm that deploys the Continuous Threat Detection platform to secure operational technology networks in manufacturing, energy, and utilities. The solution maps OT, IoT, and IIoT assets, detects anomalies, and manages vulnerabilities through integrations with SIEM systems from Splunk and ServiceNow. It serves clients including Fortune 500 industrials with passive monitoring and secure remote access controls.


Founded

2015

HQ

United StatesNew York City, NY

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$200M (Jan 2026)

Valuation

$3B (Jan 2026)

Claroty Valuation

Claroty is currently valued at $3B, based on its secondary sale in January 2026.

Claroty's valuation has grown 3.0x from $1B at its Series D in June 2021 to $3B in January 2026, across 5 priced rounds.

Claroty valuation by funding round

Revenue multiple
Claroty valuation by funding round
DateStageValuationRevenue Multiple
Jan 2026Secondary$3B15.0x
Jan 2026Series F$3B15.0x
Mar 2024Undisclosed stage$2.5B25.0x
Dec 2021Series E$2B-
Jun 2021Series D$1B10.0x

Claroty Revenue

Claroty's latest recorded revenue is $200M, as of its secondary sale in January 2026. At a $3B valuation, that implies a 15.0x revenue multiple.

Revenue grew from $100M in June 2021 to $200M in January 2026, while the revenue multiple moved from 10.0x to 15.0x.

Claroty revenue by funding round

Claroty revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Jan 2026$200M$3B15.0xSecondary
Jan 2026$200M$3B15.0xSeries F
Mar 2024$100M$2.5B25.0xUndisclosed stage
Jun 2021$100M$1B10.0xSeries D

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Claroty Funding History

Claroty has raised a total of $890M across 7 funding rounds, plus 1 secondary share sale.

Claroty's first fundraising round was a $32M Series A in September 2016. The most recent completed round was a $150M Series F in January 2026.

Claroty funding rounds

Claroty funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2026Secondary-$50M$3BClaroty is a cyber-physical systems (CPS) protection company securing critical infrastructure in industrial, healthcare, and commercial environments by bridging IT and OT gaps. It provides a platform to identify, manage, and protect connected assets against cyber threats in power grids, water plants, hospitals, and factories. Founded in 2015 and headquartered in New York, Claroty employs about 750 people globally, with 350 in Israel, and serves 24 Fortune 100 organizations. On January 22, 2026, Claroty raised $150 million in a Series F funding round led by Golub Growth, including up to $50 million in secondary sales to employees, bringing total funding to $900 million. The round valued the company at $3 billion, an 80% increase from its prior March 2024 valuation of around $1.7-2.5 billion. Existing investors such as SoftBank Vision Fund 2, Bessemer Venture Partners, and strategic partners like Schneider Electric and Siemens participated. Claroty generates over $200 million in annualized recurring revenue (ARR) and reported 300% growth over the past three years, reaching revenues in the hundreds of millions. The company added capabilities like the AI-powered CPS Library for asset tracking and achieved recognitions from Gartner and Forrester as a leader in OT security. It plans global expansion, profitability soon, and a potential IPO once reaching $500 million revenue threshold amid market conditions.
Jan 2026Series FGolub Growth (lead)$150M$3BClaroty, a New York-headquartered cybersecurity company founded in 2015, develops technologies to protect cyber-physical systems (CPS) and critical infrastructure across industrial, energy, water, transportation, and healthcare sectors. The company focuses on providing comprehensive asset visibility, threat detection, and risk mitigation for operational technology (OT) environments. In January 2026, Claroty completed a $150 million Series F funding round led by Golub Growth (affiliate of Golub Capital), with additional participation from existing investors of up to $50 million in a secondary share purchase from employees. The round valued the company at $3 billion, representing 80% valuation growth from its previous March 2024 round at $2–2.5 billion. This brings total capital raised to $900 million. The company is estimated to generate over $200 million in annualized revenue (ARR), positioning it toward the revenue thresholds required for public market listing. Claroty works with 24 of the Fortune 100 organizations and has strengthened its platform through recent product innovations including the AI-powered CPS Library developed with Schneider Electric and Rockwell Automation, as well as strategic partnerships with AWS and Google Cloud Security. The funding will accelerate global expansion amid rising cyber threats targeting mission-critical infrastructure worldwide.
Mar 2024Undisclosed stageDelta-v Capital (lead); Toshiba Digital Solutions; Bosch Ventures; Princeville Capital; Chevron Technology Ventures; AllianceBernstein; Rockwell Automation; Silicon Valley Bank; Standard Investments; SE Ventures$100M$2.5BClaroty is a cyber-physical systems protection company founded in 2015 that develops technology to secure critical infrastructure against cyberattacks. The company works with 20% of the Fortune 100 organizations, providing a platform approach to identifying vulnerabilities and risks in complex operational technology networks used in industrial, energy, healthcare, and other mission-critical sectors. In March 2024, Claroty closed a $100 million strategic growth financing round led by Delta-v Capital with participation from AB Private Credit Investors at AllianceBernstein, Standard Investments, Toshiba Digital Solutions, SE Ventures, Rockwell Automation, and Silicon Valley Bank. The round valued the company at $2.5 billion, representing growth from its previous valuation of just above $2 billion. At the time of this round, Claroty reported that annual recurring revenue (ARR) had exceeded the $100 million threshold, signaling strong traction in the market. The company employed approximately 815 people across offices in New York, Israel, Europe, Asia-Pacific, and Latin America, having built a leadership team that included Derek Phillips as Chief Revenue Officer and Shira Bar Yosef as Chief Customer Officer. Prior to this round, Claroty had raised $635 million in funding from investors including SoftBank Vision Fund 2, Bessemer Venture Partners, and strategic backers such as Schneider Electric, Siemens, and LG.
Dec 2021Series EBessemer Venture Partners (lead); Rockwell Automation (lead); Schneider Electric (lead); SoftBank Group (lead); Team8; Invus Opportunities; ISTARI; GoldenArc Capital$400M$2BClaroty, an industrial cybersecurity company founded in 2015 and based in New York, raised $400 million in a Series E funding round announced on December 8, 2021, co-led by SoftBank Vision Fund 2, Bessemer Venture Partners, Schneider Electric, and Rockwell Automation, with participation from ISTARI, Team8, and Standard Investments. The round brought total funding to $635 million and financed the acquisition of Medigate, a healthcare IoT security firm, for $400 million, expanding Claroty's focus to secure cyber-physical systems across industrial, healthcare, and enterprise environments in the Extended Internet of Things (XIoT). The acquisition was expected to close in Q1 2022, increasing Claroty's headcount by about 50% to around 420 employees post-merger. The funds supported Medigate integration, product suite unification, and global expansion across Americas, EMEA, and APAC. Claroty provides visibility, threat detection, secure remote access, and risk management for OT, IoT, and IIoT assets. CEO Vardi indicated revenue had doubled since the prior round but remained below $100 million annually, with doubling every year; post-Medigate, they expected to approach that threshold, positioning for potential IPO. The U.S. infrastructure bill's $2 billion cybersecurity allocation for critical infrastructure like water and energy could benefit OT specialists like Claroty. Competitors include Dragos, valued at $1.7 billion after a $200 million Series D.
Jun 2021Series D40 North Ventures (lead); Bessemer Venture Partners (lead); Temasek; LG Technology Ventures; Team8; ISQ Global Infrastructure Fund; Schneider Electric; Rockwell Automation; Siemens$140M$1BClaroty is an industrial cybersecurity company providing The Claroty Platform, an end-to-end solution for visibility, secure remote access, threat detection, risk and vulnerability management for operational technology (OT), Internet of Things (IoT), and industrial IoT (IIoT) assets in industrial environments. On June 17, 2021, it raised $140 million in a Series D round co-led by Bessemer Venture Partners (Century II fund) and 40 North Ventures, with participation from LG Technology Ventures, I Squared Capital’s ISQ Global InfraTech Fund (matching ISQ Global Infrastructure Fund), Rockwell Automation, Schneider Electric, Siemens, Team8, and Temasek Holdings, bringing total funding to $235 million. The round, described as the largest ever for an industrial cybersecurity firm and potentially pre-IPO, funds expansion into new industry verticals and regions, global headcount growth, IoT device security enhancements, and cloud migration support for customers. Claroty reported 133% year-over-year growth in new annual recurring revenue from 1H 2020 to 1H 2021, 110% net new logo growth, 100% customer retention, and doubled software customer count, with clients including Pfizer, General Motors, Coca-Cola EuroPacific Partners, James Hardie, and IRPC Public Company Limited. Partner coverage expanded 50% in 2020. Positioned in a hyper-growth market projected to reach tens of billions, Claroty aims for market leadership, with CEO Yaniv Vardi noting potential future acquisitions and paths to IPO or SPAC. The platform enables secure connections to industrial equipment without jump servers, simplifying IT maintenance and accelerating network access for troubleshooting.
Dec 2018Series C-$8M--
Jun 2018Series BTemasek (lead)$60M-Claroty is an industrial cybersecurity company founded in 2014 that protects cyber-physical systems and critical infrastructure from cyberattacks. The company exited stealth mode in late 2016 and launched as the second startup from Team8, a renowned startup foundry. Claroty combines elite management and research teams with deep technical expertise spanning both information technology and operational technology (OT) disciplines. On June 11, 2018, Claroty announced a $60 million Series B funding round led by Temasek Holdings, bringing total funding to $93 million at that time. The syndicate included prominent industrial operators and control system vendors: Rockwell Automation, Aster Capital (backed by Schneider Electric), Next47 (Siemens-backed venture firm), Envision Ventures, and Tekfen Ventures, alongside returning investors Bessemer Venture Partners, Team8, Innovation Endeavors, and ICV. The company demonstrated strong traction heading into the round, with 300% year-over-year growth in bookings and customer base, serving large-scale customers across six continents in nine market segments including electric utilities, oil and gas, chemical, water, manufacturing, food and beverage, mining, and real estate. At the time of the Series B announcement, Claroty had established customers with production installations globally, positioning itself as a leader in the emerging industrial cybersecurity market. The funding was allocated to expand globally and strengthen the company's product capabilities in protecting industrial control networks from cyber threats.
Sep 2016Series ABessemer Venture Partners (lead); MoreVC; Marker; Innovation Endeavors; Team8; Mitsui & Co; Red Dot Capital Partners$32M-Claroty, an innovator in Operational Technology (OT) network protection and industrial cybersecurity, exited stealth mode on September 13, 2016, announcing $32 million in Series A venture capital funding. The round was led by Bessemer Venture Partners and backed by Innovation Endeavors (Eric Schmidt's firm), Marker LLC, ICV, Red Dot Capital Partners, Mitsui & Co., Ltd., and Team8, the Israeli cybersecurity foundry that launched the company. Claroty's platform provides visibility, segmentation, and threat detection for industrial control systems (ICS), SCADA, and other OT networks, addressing critical infrastructure security challenges with expertise from IT, OT, Siemens, IBM, and Waterfall Security veterans. The funding enabled Claroty to advance its technology, which offers the deepest coverage of ICS systems, protocols, and networks available. Investors highlighted Claroty's superior vision, elite management team, and technological edge in the OT cybersecurity sector, distinguishing it from competitors. Bessemer partner David Cowan noted they evaluated multiple companies but found Claroty unmatched in addressing unique critical infrastructure needs. This Series A marked Claroty's emergence from stealth, founded in 2014-2015 and headquartered in New York. Subsequent rounds included a $60M Series B in June 2018 led by Temasek, $8M Series C in December 2018, $140M Series D in June 2021 co-led by Bessemer and 40 North reaching unicorn status at $1B valuation with 133% YoY ARR growth, and a $100M Series E in March 2024 at ~$2B valuation led by SoftBank Vision Fund 2. Total funding exceeds $700M, positioning Claroty as a leader in securing cyber-physical systems across industrial, healthcare, and commercial environments.

Who has invested in Claroty?

28 investors have backed Claroty across its funding rounds, including Bessemer Venture Partners, Team8, Rockwell Automation, Temasek, Schneider Electric and SoftBank Group.

Lead investors include Golub Growth, Delta-v Capital, Bessemer Venture Partners, Rockwell Automation, Schneider Electric and 3 other investors.


Claroty Investors

Investors in Claroty by funding rounds participated
InvestorHQRoundsRoleFirst check
Team8IsraelTel Aviv3ParticipantSep 2016
Bessemer Venture PartnersUnited StatesSan Francisco, CA3LeadSep 2016
Rockwell AutomationUnited StatesMilwaukee, WI3LeadJun 2021
TemasekSingaporeSingapore2LeadJun 2018
Schneider ElectricFranceParis2LeadJun 2021
MoreVCIsraelRa'anana1ParticipantSep 2016
Toshiba Digital SolutionsJapanKawasaki1ParticipantMar 2024
MarkerUnited StatesNew York City, NY1ParticipantSep 2016
SoftBank GroupJapanTokyo1LeadDec 2021
LG Technology VenturesUnited StatesSan Jose, CA1ParticipantJun 2021
40 North VenturesUnited StatesUnited States1LeadJun 2021
Bosch VenturesGermanyGermany1ParticipantMar 2024
Delta-v CapitalUnited StatesBoulder, CO1LeadMar 2024

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Acquisitions by Claroty

Claroty has acquired 1 company to date.

Last acquisition by Claroty was on December 8th 2021. Claroty acquired Medigate by Claroty for undisclosed valuation.


Latest Acquisitions by Claroty

Medigate by Claroty
Description
Medigate by Claroty is a New York City-headquartered cybersecurity platform protecting clinical environments and cyber-physical systems encompassing IT, IoMT, IoT, and building automation systems. The solution offers asset visibility, exposure management, network protection, secure access, threat detection, and operational efficiency for healthcare organizations worldwide, with presence in Europe, Asia-Pacific, and Latin America.
HQ CountryUnited States
HQ City
New York City, NY
Deal Date8 Dec 2021
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Investments by Claroty

Claroty has invested in 1 company to date.

Latest investment by Claroty was on October 2nd 2024. Claroty invested in Harmonic Security in their $18M Series A round.


Latest Investments by Claroty

Harmonic Security
Description
Harmonic Security is a Tel Aviv-based cybersecurity company offering data protection for generative AI environments. Its platform deploys pre-trained models to detect and safeguard sensitive information in AI interactions without manual labeling. Recognized as an RSA Conference Innovation Sandbox finalist in 2024, Harmonic Security enables enterprises to adopt large language models securely. The solution serves technology and finance sectors across North America and Europe, integrating with tools like Microsoft Azure and Google Cloud.
HQ CountryUnited States
HQ City
San Francisco, CA
Deal Date2 Oct 2024
RoundSeries A
Raised$18M
InvestorsTen Eleven Ventures; N47; Sysdig
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Claroty Competitors

Claroty competitors include listed companies like DHC Software and CCC Intelligent Solutions, and private ones like Certus Core, Uptake Technologies, Temporal Technologies and Celonis.

Public and private companies comparable to Claroty
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Certus CoreUnited StatesTampa, FLPrivate--$3.4B-
Uptake TechnologiesUnited StatesUnited StatesPrivate$100M-$2.3B23.0x
Temporal TechnologiesUnited StatesSeattle, WAPrivate$250M-$13B50.2x
CelonisGermanyMunichPrivate$400M-$13B32.5x
DHC SoftwareChinaChinaPublicly listed$1.9B$131M$3.1B1.8x
CCC Intelligent SolutionsUnited StatesUnited StatesPublicly listed$1.1B$238M$3.9B4.5x

Claroty Public Comps

Claroty is still privately-owned, but its public comps include Cellebrite, Inesa Intelligent Tech, AvePoint, DHC Software, NetScout Systems, QiAnXin, Venustech Group, Geovis, CCC Intelligent Solutions and Glodon Co.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Cellebrite$476M$79M5.4x4.8x32.3x17.3x
Inesa Intelligent Tech$947M$41M2.9x3.0x67.3x-
AvePoint$419M$42M5.9x5.1x58.4x27.4x
DHC Software$1.9B$131M2.0x1.8x29.6x-
NetScout Systems$859M$163M2.6x2.6x13.9x9.5x
QiAnXin$655M($147M)4.6x4.5x(20.4x)(41.4x)
Venustech Group$349M($60M)6.6x6.0x(38.4x)(176057.4x)
Geovis$399M$44M9.8x8.4x87.8x-

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Common questions about Claroty

When was Claroty founded?Claroty was founded in 2015.
Where is Claroty headquartered?Claroty is headquartered in New York City, NY, United States.
Is Claroty publicly listed?No, Claroty is a private, VC-backed company.
What is Claroty's valuation?Claroty was last valued at $3B in its secondary sale in January 2026.
How much funding has Claroty raised?Claroty has raised $890M across 7 funding rounds.
What was Claroty's last funding round?Claroty's last funding round was a $150M Series F in January 2026, led by Golub Growth.
Who are Claroty's investors?Claroty's investors include Team8, Bessemer Venture Partners, Rockwell Automation, Temasek, Schneider Electric, MoreVC, Toshiba Digital Solutions, Marker, SoftBank Group, LG Technology Ventures and 18 others.
What is Claroty's revenue?Claroty's latest recorded revenue is $200M (January 2026).
What is Claroty's revenue multiple?Claroty's latest valuation implies a 15.0x revenue multiple ($3B valuation on $200M of revenue).
Which companies are comparable to Claroty?Companies comparable to Claroty include Certus Core, Uptake Technologies, Temporal Technologies, Celonis, DHC Software and CCC Intelligent Solutions.
How many companies has Claroty acquired?Claroty has acquired 1 company, including Medigate by Claroty.
How many companies has Claroty invested in?Claroty has invested in 1 company, including Harmonic Security.
What was Claroty's last investment?In October 2024, Claroty invested in Harmonic Security's $18M Series A alongside Ten Eleven Ventures, N47 and Sysdig.

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