Deep Instinct Valuation, Funding & Investors
Deep Instinct is valued at $223M as of February 2020.
Last Deep Instinct valuation
$223M
Series C · Feb 2020
Last Deep Instinct funding round
$63M
Undisclosed stage · Sep 2022
Cumulative funding Deep Instinct raised
$322M
across 7 funding rounds
Key investors in Deep Instinct
Unbound
Millennium Technology Value Partners
Coatue
BlackRock
Chrysalis Investments
NVIDIA
About Deep Instinct
Deep Instinct is a cybersecurity company with headquarters in San Francisco and Tel Aviv that applies deep learning to endpoint protection against zero-day malware and APTs. The solution runs on-device with neural networks trained on billions of files, achieving over 99% prevention rates before execution. Deep Instinct secures Windows, macOS, Linux, and mobile environments for enterprises including Fortune 500 firms.
Founded
2015
HQ
New York City, NYWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$223M (Feb 2020)
Deep Instinct Valuation
Deep Instinct is currently valued at $223M, based on its Series C in February 2020.
The $43M round was led by Millennium Technology Value Partners, with participation from LG Innovation Ventures, Palm Drive Capital and Unbound.
Deep Instinct valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2020 | Series C | $223M |
Deep Instinct Funding History
Deep Instinct has raised a total of $322M across 7 funding rounds.
Deep Instinct's first fundraising round was a $6M Series A in June 2015. The most recent completed round was a $63M undisclosed-stage round in September 2022.
Deep Instinct funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2022 | Undisclosed stage | BlackRock (lead); Chrysalis Investments; Unbound; Millennium Technology Value Partners | $63M | - | Deep Instinct is an Israeli cybersecurity company founded in 2015 by Guy Caspi, Dr. Eli David, and Nadav Maman, specializing in deep learning technology to predict, prevent, and analyze cyberattacks across endpoints, networks, cloud, and storage. The company offers a prevention-first platform that integrates into security stacks to combat ransomware and malware in hybrid environments. In September 2022, Deep Instinct raised $62.5 million in a Series E round led by BlackRock (specifically BlackRock Enhanced), with participation from Chrysalis Investments, Millennium Technology Value Partners, Unbound, and plans to add another $18 million to reach $80 million total for the round. This brought cumulative funding to approximately $305 million, positioning it as the final private round before a planned IPO within 18-24 months. The 2022 funding involved new equity issuance and share purchases from existing shareholders, aimed at expanding go-to-market efforts, R&D, and market penetration while shifting focus away from the SMB segment. Around that time, the company employed about 300 people across Israel and the U.S., planning layoffs of 30 U.S. sales staff and hires of 60 R&D roles in Tel Aviv plus additional sales positions. Leadership transitioned with Guy Caspi moving from CEO to Chairman and Chief Product Officer, and Lane Bess, an early investor and former Palo Alto Networks CEO, becoming CEO. Prior rounds included a $100 million Series D in 2021 led by funds managed by BlackRock with participation from Untitled Investments, The Tudor Group, Anne Wojcicki, Millennium, Unbound, and Coatue, and a $67 million Series D extension from Chrysalis Investments. A Forrester TEI study highlighted potential benefits of $3.5 million over three years versus $0.6 million costs, yielding a $2.9 million NPV and 446% ROI for their endpoint security solution. |
| Jul 2021 | Series D | Chrysalis Investments (lead); Millennia Capital | $67M | - | Deep Instinct is a US-based cybersecurity company specializing in end-to-end deep learning for threat prediction and prevention, offering solutions for endpoint and mobile protection across industries like finance, education, retail, and technology. Its platform emphasizes model longevity with only 1-2 updates per year and high effectiveness in offline scanning, outperforming traditional Endpoint Detection and Response (EDR) solutions. A Forrester study highlighted a 446% ROI over three years with payback in under three months. In July 2021, Chrysalis Investments invested $67 million in Deep Instinct as a second close to its Series D funding round, which initially raised $100 million led by BlackRock with participation from Untitled Investments, The Tudor Group, Millennium, Unbound, and Coatue Management. The investment included new equity issuance and share purchases from existing shareholders, bringing Deep Instinct's total funding to approximately $240 million. The funds were allocated to expand go-to-market capabilities, sales, marketing, product engineering, and deep learning research and development to support aggressive growth plans. This investment aimed to enhance partner opportunities and add product features for ransomware prevention and differentiation in the cybersecurity market. Chrysalis viewed Deep Instinct's technology as potentially game-changing amid rising cyberattacks like ransomware. Later developments include a Series E round in 2025 raising $62 million at a $500 million valuation led by Millennium New Horizons, and follow-on investments from Chrysalis such as £4.7 million in 2025, with the company described as loss-making in recent reports. |
| Apr 2021 | Series D | BlackRock (lead); Untitled Investments; Tudor Group; Unbound; Coatue; Anne Wojcicki; Millennium Management | $100M | - | Deep Instinct is an Israeli cybersecurity company founded in 2015 by Guy Caspi, Dr. Eli David, and Nadav Maman, specializing in end-to-end deep learning technology to predict, prevent, and analyze cyberattacks across endpoints, networks, cloud, and storage in under 20 milliseconds while reducing false positives by 99%. The company announced a $100 million Series D funding round on April 22, 2021, led by funds managed by BlackRock, with participation from Untitled Investments, The Tudor Group, Anne Wojcicki, and existing investors including Millennium Management, Unbound, and Coatue Management, doubling total funding to $200 million. The funds were allocated primarily to expanding sales and marketing in the US, Europe, and Japan ($70 million), digital marketing, and growth of its Israeli center, supporting a shift to hyper-growth. At the time, Deep Instinct reported sales in the tens of millions of dollars and had tripled its enterprise customer base in the prior year, securing multiple Global 2000 wins in Q1 2021, with protection extended across North America, Europe, and APAC. A Forrester TEI study highlighted potential benefits of $3.5 million over three years against $0.6 million costs, yielding a 446% ROI and $2.9 million NPV for its Advanced Endpoint Security Solution. |
| Feb 2020 | Series C | Millennium Technology Value Partners (lead); LG Innovation Ventures; Palm Drive Capital; Unbound | $43M | $223M | Deep Instinct is an Israeli cybersecurity company that applies end-to-end deep learning to predict, identify, and prevent cyberattacks, including known and unknown malware, zero-days, and advanced persistent threats (APTs). Its platform uses deep neural networks to achieve low false positives and operates across physical/virtual networks and multiple OS like Windows, Android, and iOS. The company serves Fortune 500 customers in financial services, healthcare, aviation, insurance, and technology sectors, with strategic partnerships including bundling/reselling by investors like HP, Samsung, and Nvidia. On February 12, 2020, Deep Instinct raised $43 million in a Series C funding round led by Millennium New Horizons (also referred to as Millennium Technology Value Partners), with participation from Unbound, LG Technology Ventures (LG Innovation Ventures), and existing investor Nvidia. This brought total funding to $100 million. Funds were allocated to accelerate sales, marketing, global expansion, and hiring, aiming to grow from ~150 to 250 employees. CEO Guy Caspi stated revenue was comparable to an 8-9 year-old cybersecurity firm despite Deep Instinct being five years old, and the company was already profitable, reducing funding urgency. It had rejected acquisition offers to pursue an IPO path. |
| Jul 2017 | Series B | Columbus Nova Technology Partners (lead); NVIDIA; HP Tech Ventures; ATW Partners; Coatue | $32M | - | Deep Instinct, an Israeli cybersecurity startup founded in 2015 by Guy Caspi and Eli David, develops deep learning-based software to detect and prevent zero-day threats, APT attacks, and malware in real-time with high accuracy. The company raised $32 million in a Series B funding round on July 13, 2017, led by Columbus Nova Technology Partners (CNTP), with participation from NVIDIA, Coatue Management, ATW Partners, and HP Tech Ventures. This round brought the company's total funding to approximately $48 million at the time. Deep Instinct's technology draws from artificial intelligence inspired by the human brain, earning recognition as a World Economic Forum Technology Pioneer and NVIDIA's 2017 Inception Award for Most Disruptive Startup. Subsequent rounds included a $43 million Series C in February 2020 led by Millennium’s New Horizons with LG and NVIDIA, increasing total funding to around $100 million then, and further raises like a $100 million Series D in 2021 led by BlackRock, doubling funding to $200 million, and a $62 million Series E in 2025 at $500 million valuation. The 2017 round supported expansion amid growing demand for AI-driven cybersecurity solutions. |
| Jun 2016 | Series A | Samsung Ventures; Millennium Technology Value Partners; Alpha Intelligence Capital | $11M | - | - |
| Jun 2015 | Series A | CerraCap Ventures | $6M | - | - |
Who has invested in Deep Instinct?
19 investors have backed Deep Instinct across its funding rounds, including Unbound, Millennium Technology Value Partners, Coatue, BlackRock, Chrysalis Investments and NVIDIA.
Lead investors include BlackRock, Chrysalis Investments, Millennium Technology Value Partners and Columbus Nova Technology Partners.
Deep Instinct Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 London | 3 | Participant | Feb 2020 | |
| New York City, NY | 3 | Lead | Jun 2016 | |
| London | 2 | Lead | Jul 2021 | |
| United States | 2 | Lead | Apr 2021 | |
| New York City, NY | 2 | Participant | Jul 2017 | |
| San Jose, CA | 1 | Participant | Jul 2017 | |
| San Francisco, CA | 1 | Participant | Jul 2017 | |
| New York City, NY | 1 | Participant | Jul 2017 | |
| San Jose, CA | 1 | Participant | Feb 2020 | |
| New York City, NY | 1 | Participant | Apr 2021 | |
 South Korea | 1 | Participant | Jun 2016 | |
| San Francisco, CA | 1 | Lead | Jul 2017 | |
| New York City, NY | 1 | Participant | Feb 2020 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialDeep Instinct Competitors
Deep Instinct competitors include listed companies like Abeja and Expert.ai, and private ones like CloudSEK, AirOps, Vectara and Chooch.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Singapore | Private | $10M | - | $200M | 20.0x | |
| San Francisco, CA | Private | $15M | - | $225M | 15.0x | |
| San Francisco, CA | Private | - | - | $225M | - | |
| San Francisco, CA | Private | - | - | $217M | - | |
 Japan | Publicly listed | $23M | $3M | $208M | 6.4x | |
 Italy | Publicly listed | $53M | $5M | $203M | 4.3x |
Deep Instinct Public Comps
Deep Instinct is still privately-owned, but its public comps include Abeja, AInnovation Technology, Expert.ai, Appen, WALLIX, Cy4gate, Micro Systemation, Selvas AI, Coveo Solutions and Acer Cyber Security.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $23M | $3M | 7.8x | 6.4x | 60.9x | - | |||
| $226M | ($30M) | 0.7x | 0.8x | (5.7x) | (4.6x) | |||
| $53M | $5M | 4.0x | 4.3x | 39.9x | 53.8x | |||
| $231M | $9M | 0.7x | 0.6x | 16.9x | 7.2x | |||
| $47M | $5M | 3.8x | 3.3x | 34.7x | 43.2x | |||
| $109M | $19M | 2.6x | 2.1x | 14.9x | 10.4x | |||
| $47M | $8M | 3.6x | 3.1x | 20.3x | 14.8x | |||
| $84M | ($65K) | 2.6x | 3.3x | (3294.6x) | 19.8x | |||
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Common questions about Deep Instinct
| When was Deep Instinct founded? | Deep Instinct was founded in 2015. |
| Where is Deep Instinct headquartered? | Deep Instinct is headquartered in New York City, NY, United States. |
| Is Deep Instinct publicly listed? | No, Deep Instinct is a private, VC-backed company. |
| What is Deep Instinct's valuation? | Deep Instinct was last valued at $223M in its Series C in February 2020. |
| How much funding has Deep Instinct raised? | Deep Instinct has raised $322M across 7 funding rounds. |
| What was Deep Instinct's last funding round? | Deep Instinct's last funding round was a $63M undisclosed-stage round in September 2022, led by BlackRock. |
| Who are Deep Instinct's investors? | Deep Instinct's investors include Unbound, Millennium Technology Value Partners, Chrysalis Investments, BlackRock, Coatue, NVIDIA, HP Tech Ventures, ATW Partners, LG Innovation Ventures, Untitled Investments and 9 others. |
| Which companies are comparable to Deep Instinct? | Companies comparable to Deep Instinct include CloudSEK, AirOps, Vectara, Chooch, Abeja and Expert.ai. |
See companies similar to Deep Instinct
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