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depthfirst Valuation, Funding & Investors
depthfirst is valued at $580M as of March 2026.
Last depthfirst valuation
$580M
Series B · Mar 2026
Last depthfirst funding round
$80M
Series B · Mar 2026
Cumulative funding depthfirst raised
$120M
across 2 funding rounds
Key investors in depthfirst
Accel
Liquid 2 Ventures
BoxGroup
MANTIS Venture Capital
Alt Capital
SV Angel
About depthfirst
Depthfirst is a cybersecurity firm building AI-driven security intelligence platforms for vulnerability detection triage and remediation across software and infrastructure.
Founded
2024
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$580M (Mar 2026)
depthfirst Valuation
depthfirst is currently valued at $580M, based on its Series B in March 2026.
The $80M round was led by Meritech Capital Partners, with participation from Liquid 2 Ventures, BoxGroup, The House Fund, Forerunner, Alt Capital and 2 other investors.
depthfirst valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2026 | Series B | $580M |
depthfirst Funding History
depthfirst has raised a total of $120M across 2 funding rounds.
depthfirst's first fundraising round was a $40M Series A in January 2026. The most recent completed round was a $80M Series B in March 2026.
depthfirst funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2026 | Series B | Meritech Capital Partners (lead); Liquid 2 Ventures; BoxGroup; The House Fund; Forerunner; Alt Capital; Accel; MANTIS Venture Capital | $80M | $580M | - |
| Jan 2026 | Series A | Accel (lead); SV Angel; Liquid 2 Ventures; BoxGroup; Kirsten Green; Colin Evans; Logan Kilpatrick; Jeff Dean; Julian Schrittwieser; Alt Capital; MANTIS Venture Capital | $40M | - | depthfirst is an applied AI lab founded in 2024, focused on software security through its General Security Intelligence platform. This AI-native system uses autonomous agents to detect, triage, and remediate vulnerabilities across code, infrastructure, and systems, addressing AI-generated threats and reducing false positives compared to traditional tools. The platform provides context-aware fixes ready for developer review, with strong performance on benchmarks like CyberGym. On January 14, 2026, depthfirst raised $40 million in a Series A round led by Accel, with participation from Alt Capital, BoxGroup, Liquid 2 Ventures, Mantis VC, SV Angel, and angels including Jeff Dean (Google DeepMind), Kirsten Green, Colin Evans, Logan Kilpatrick, and Julian Schrittwieser. The founding team draws from Google DeepMind, Databricks, and Faire. Funds will expand R&D, go-to-market, and hiring in applied research, engineering, product, and sales to harden the global software stack amid rising AI-driven risks. Post-launch, depthfirst achieved rapid traction, signing customers like Lovable, Supabase, Moveworks, and AngelList. Feedback highlights improved code quality, efficiency, and threat detection including backdoors and malware. Investors like Accel partner Sara Ittelson see it transforming the $400B enterprise software security market as AI adoption grows. The company positions itself against legacy tools inadequate for modern threats, emphasizing end-to-end system understanding. |
Who has invested in depthfirst?
14 investors have backed depthfirst across its funding rounds, including Accel, Liquid 2 Ventures, BoxGroup, MANTIS Venture Capital, Alt Capital and SV Angel.
Lead investors include Meritech Capital Partners and Accel.
depthfirst Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Jan 2026 | ||
| 2 | Participant | Jan 2026 | ||
| 2 | Participant | Jan 2026 | ||
| 2 | Lead | Jan 2026 | ||
| 2 | Participant | Jan 2026 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | Mar 2026 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | Jan 2026 | ||
This data is available for Pro users. Sign up to see all 14 depthfirst investors. Start Free Trial | ||||
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Start Free Trialdepthfirst Competitors
depthfirst competitors include listed companies like Baida Group Co and Beijing VRV Software, and private ones like Doppel, Onyx Security, Exaforce and Shift5.
| Company | HQ | Status | Revenue | EBITDA | Valuation |
|---|---|---|---|---|---|
| Private | - | - | $600M | ||
| Private | - | - | $640M | ||
| Private | - | - | $725M | ||
| Publicly listed | $31M | $9M | $586M | ||
| Private | - | - | $591M | ||
| Publicly listed | $46M | ($44M) | $595M |
depthfirst Public Comps
depthfirst is still privately-owned, but its public comps include Baida Group Co, Beijing VRV Software, Baudroie, Sansec, ExaWizards, Hanwang Technology Co, Unisound Ai Technology, eMudhra, Global Security Experts and PKSHA Technology.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $31M | $9M | 13.6x | - | 45.2x | - | |||
| $46M | ($44M) | 13.1x | - | (13.6x) | - | |||
| $112M | $24M | 5.2x | 4.3x | 24.7x | 21.0x | |||
| $83M | ($2M) | 6.1x | 5.4x | (310.1x) | (388.8x) | |||
| $77M | $13M | 6.6x | 5.7x | 39.3x | - | |||
| $282M | ($14M) | 2.2x | - | (44.4x) | - | |||
| $181M | ($22M) | 3.0x | 2.1x | (24.5x) | (36.1x) | |||
| $73M | $18M | 7.3x | 6.6x | 30.1x | 27.4x | |||
This data is available for Pro users. Sign up to see all depthfirst competitors and their valuation data. Start Free Trial | ||||||||
Common questions about depthfirst
| When was depthfirst founded? | depthfirst was founded in 2024. |
| Where is depthfirst headquartered? | depthfirst is headquartered in United States. |
| Is depthfirst publicly listed? | No, depthfirst is a private, VC-backed company. |
| What is depthfirst's valuation? | depthfirst was last valued at $580M in its Series B in March 2026. |
| How much funding has depthfirst raised? | depthfirst has raised $120M across 2 funding rounds. |
| What was depthfirst's last funding round? | depthfirst's last funding round was a $80M Series B in March 2026, led by Meritech Capital Partners. |
| Who are depthfirst's investors? | depthfirst's investors include Liquid 2 Ventures, BoxGroup, Alt Capital, Accel, MANTIS Venture Capital, SV Angel, Kirsten Green, The House Fund, Colin Evans, Forerunner and 4 others. |
| Which companies are comparable to depthfirst? | Companies comparable to depthfirst include Doppel, Onyx Security, Exaforce, Baida Group Co, Shift5 and Beijing VRV Software. |
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