- Companies
- eSentire
eSentire Revenue, Valuation, Funding & Investors
eSentire is valued at $1.1B as of February 2022, a 11.0x multiple on its last reported $100M revenue.
Last eSentire valuation
$1.1B
Secondary · Feb 2022
Last eSentire funding round
$225M
Undisclosed stage · Feb 2022
eSentire revenue
$100M
Secondary · Feb 2022
Key investors in eSentire
Georgian
Edison Partners
Cisco Investments
La Caisse
Northleaf Capital Partners
VentureLink LP
About eSentire
eSentire is a Waterloo-headquartered managed detection and response provider protecting over 1500 organizations across 80 countries and 35 industries from cyber threats. Founded in 2001, the company deploys machine learning-powered XDR technology alongside 24/7 threat hunting and security operations. eSentire offers managed risk, detection and response, and incident response services, supported by its Threat Response Unit for threat intelligence. Clients access dedicated Cyber Risk Advisors and SOC analysts.
Founded
2001
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services, Subscription
Revenue
$100M (Feb 2022)
Valuation
$1.1B (Feb 2022)
eSentire Valuation
eSentire is currently valued at $1.1B, based on its secondary sale in February 2022.
The $225M round was led by Georgian and La Caisse.
eSentire's valuation has moved from $1.1B at its undisclosed-stage round in February 2022 to $1.1B in February 2022, across 2 priced rounds.
eSentire valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Feb 2022 | Secondary | $1.1B | 11.0x |
| Feb 2022 | Undisclosed stage | $1.1B | 11.0x |
eSentire Revenue
eSentire's latest recorded revenue is $100M, as of its secondary sale in February 2022. At a $1.1B valuation, that implies a 11.0x revenue multiple.
Revenue moved from $100M in February 2022 to $100M in February 2022, while the revenue multiple moved from 11.0x to 11.0x.
eSentire revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Feb 2022 | $100M | $1.1B | 11.0x | Secondary |
| Feb 2022 | $100M | $1.1B | 11.0x | Undisclosed stage |
* 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.
eSentire Funding History
eSentire has raised a total of $311M across 5 funding rounds, plus 1 secondary share sale.
eSentire's first fundraising round was a $7M Series B in July 2013. The most recent completed round was a $225M undisclosed-stage round in February 2022.
eSentire funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2022 | Secondary | Georgian (lead); La Caisse (lead) | $225M | $1.1B | eSentire is a cybersecurity company specializing in Managed Detection and Response (MDR) services, protecting over 1200 organizations across more than 75 countries with a mean time to contain threats under 15 minutes. In February 2022, Georgian and Caisse de dépôt et placement du Québec (CDPQ, or La Caisse) invested $325 million USD through a binding agreement, primarily purchasing shares from existing shareholder Warburg Pincus, which retained majority ownership of just over 50 percent. The transaction valued eSentire at $1.1 billion USD and included about $100 million USD in primary capital for growth, bringing total funding over the prior four years to $382 million USD. The deal marked eSentire achieving unicorn status with annual recurring revenue (ARR) surpassing $100 million USD at the time. Post-transaction, Georgian and CDPQ collectively owned 35 percent of the company, increasing Georgian's existing stake from prior investments in 2014 and 2016. eSentire planned to expand in Europe and Asia-Pacific, invest in its Atlas XDR SaaS platform, and hire over 400 employees to reach more than 1000 total. Previous funding included a $47 million Series E in 2019 and earlier rounds led by investors like Warburg Pincus and Edison Partners. The company has been recognized as a leader in IDC’s US MDR MarketScape and G2 peer reviews, supporting its industry-leading growth. |
| Feb 2022 | Undisclosed stage | Georgian (lead); La Caisse (lead) | $225M | $1.1B | eSentire is a Waterloo-based cybersecurity company specializing in Managed Detection and Response (MDR), offering a platform including the patented Atlas XDR SaaS for enterprise threat detection and response. In February 2022, it raised US$325 million through a financing deal involving Georgian and Caisse de dépot et placement du Québec (CDPQ, or La Caisse), primarily via secondary purchases from existing shareholder Warburg Pincus, with about US$100 million as primary capital. The deal valued eSentire at US$1.1 billion post-money, achieving unicorn status, while Warburg Pincus retained majority ownership (over 50%) and Georgian/CDPQ collectively took 35%. At the time of the round, eSentire reported surpassing US$100 million in annual recurring revenue (ARR), reflecting strong growth driven by product innovation and customer service in the MDR market. The company had raised over US$382 million in total funding in the prior four years and planned to use proceeds for global expansion, including scaling go-to-market in Europe and APAC, investing in R&D, and hiring 400 new employees to exceed 1,000 total staff. eSentire has been recognized as a leader in IDC’s US MDR MarketScape and G2 peer reviews, with recent executive hires in revenue, marketing, channel, and finance roles. Warburg Pincus, an investor since earlier rounds, continued support alongside prior backers like Edison Partners. The transaction was advised by Evercore, marking a key liquidity event amid rising enterprise demand for MDR solutions. |
| Mar 2019 | Undisclosed stage | Warburg Pincus (lead); Georgian; Edison Partners | $47M | - | eSentire, a leader in Managed Detection and Response (MDR) services combining AI-powered detection with human expertise, raised $47 million in a funding round announced on March 4, 2019, led by majority investor Warburg Pincus with participation from Georgian Partners and Edison Partners. The investment aimed to accelerate innovation in protecting distributed data at machine scale and expand MDR capabilities amid growing cybersecurity complexity. This followed prior rounds including $19.5M in Series D in 2016 from Edison and Georgian. Warburg Pincus, a global private equity firm with over $43 billion in assets under management and investments in security firms like CrowdStrike and BitSight, highlighted eSentire's leadership position. The round validated eSentire's market position as a category creator in MDR, enabling further development of its solutions showcased at RSA Conference 2019. Warburg Pincus remained the majority shareholder post-2019. eSentire focused on global expansion and R&D, planning hires and platform enhancements in subsequent years. Total funding across rounds reached around $289M-$412M by 2022, with investors including Georgian and CDPQ in later stages. |
| Feb 2016 | Undisclosed stage | Edison Partners (lead); Georgian (lead); Information Venture Partners; Cisco Investments; Northleaf Capital Partners; Colorics International Ltd | $20M | - | - |
| Sep 2014 | Series C | Georgian (lead); Cisco Investments; Northleaf Capital Partners; VentureLink LP; Edison Partners | $13M | - | eSentire raised $14 million CAD in its Series C equity funding round on September 16, 2014, led by Georgian Partners with participation from Cisco Investments, Northleaf Venture Catalyst Fund, Edison Partners, and VentureLink. The funding was intended to fuel continued innovation and delivery of active threat protection solutions and managed security services, as well as expansion of global sales and marketing operations throughout North America and Europe. |
| Jul 2013 | Series B | Edison Partners (lead); VentureLink LP | $7M | - | eSentire is a provider of network security as a managed service, combining behavior-based technology with security professionals. On July 17, 2013, Edison Ventures invested $5.5 million in a $7.0 million total financing round, with participation from existing investor VentureLink. The proceeds supported increased sales and marketing, product development expansion beyond financial services, and acceleration of go-to-market activities. Edison Partners' involvement brought marketplace understanding and network resources to strengthen the product and executive management team. eSentire targeted financial services firms initially, with plans to broaden its reach. This Series B round followed earlier funding, positioning the company for growth in managed cybersecurity services. |
Who has invested in eSentire?
9 investors have backed eSentire across its funding rounds, including Georgian, Edison Partners, Cisco Investments, La Caisse, Northleaf Capital Partners and VentureLink LP.
Lead investors include Georgian, La Caisse, Warburg Pincus and Edison Partners.
eSentire Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Sep 2014 | ||
| 4 | Lead | Jul 2013 | ||
| 2 | Lead | Feb 2022 | ||
| 2 | Participant | Sep 2014 | ||
| 2 | Participant | Sep 2014 | ||
| 2 | Participant | Jul 2013 | ||
| 1 | Participant | Feb 2016 | ||
This data is available for Pro users. Sign up to see all 9 eSentire investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by eSentire
eSentire has acquired 2 companies to date.
Last acquisition by eSentire was on June 17th 2021. eSentire acquired Cyfir for undisclosed valuation.
Latest Acquisitions by eSentire
| Description | CyFIR is an enterprise digital forensics platform designed for rapid incident response in security breaches, eDiscovery, and insider threat probes. Headquartered in Alexandria, Virginia, it automates evidence collection, malware analysis, and threat isolation across Windows, Linux, and Mac endpoints in hybrid networks. Used by law enforcement and corporations, CyFIR reduces resolution times from weeks to hours through remote triage and chain-of-custody reporting compliant with NIST and ISO standards. | Versive is a cybersecurity company deploying the Versive Security Engine to detect advanced threats. The engine maps adversary campaigns by analyzing network behaviors across on-premises, cloud, and hybrid environments. It identifies internal and external actors using tactics like lateral movement and data exfiltration. Based in San Francisco, Versive protects enterprises with automated threat hunting launched in 2019. |
| HQ Country | ||
| HQ City | Washington, DC | Seattle, WA |
| Deal Date | 17 Jun 2021 | 23 Oct 2018 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all eSentire acquisitions and their M&A valuation multiples. Start Free Trial | ||
eSentire Competitors
eSentire competitors include listed companies like Red Violet and NSFOCUS, and private ones like Beyond Identity, Guardio, Material Security and Obsidian Security.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.1B | - | ||
| Private | $150M | - | $1.1B | 7.3x | ||
| Private | - | - | $1.1B | - | ||
| Private | - | - | $1.1B | - | ||
| Publicly listed | $90M | $24M | $1.2B | 11.7x | ||
| Publicly listed | $379M | $37M | $955M | 2.4x |
eSentire Public Comps
eSentire is still privately-owned, but its public comps include Eastcompeace Tech, Red Violet, NSFOCUS, Radware, BeiJing Certificate, Yubico, Rapid7, Riskified, DPtech and Asiainfo Security.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $197M | $26M | 4.8x | - | 36.4x | - | |||
| $90M | $24M | 13.2x | 11.7x | 50.0x | 31.7x | |||
| $379M | $37M | 2.6x | 2.4x | 26.1x | 25.6x | |||
| $302M | $20M | 3.6x | 3.4x | 56.1x | 23.2x | |||
| $125M | ($12M) | 6.7x | - | (70.9x) | - | |||
| $226M | $19M | 3.3x | 3.2x | 39.7x | 25.6x | |||
| $860M | $63M | 1.3x | 1.3x | 17.4x | 6.8x | |||
| $345M | ($31M) | 1.8x | 1.6x | (20.3x) | 19.0x | |||
This data is available for Pro users. Sign up to see all eSentire competitors and their valuation data. Start Free Trial | ||||||||
Common questions about eSentire
| When was eSentire founded? | eSentire was founded in 2001. |
| Where is eSentire headquartered? | eSentire is headquartered in Waterloo, Canada. |
| Is eSentire publicly listed? | No, eSentire is a private, VC-backed company. |
| What is eSentire's valuation? | eSentire was last valued at $1.1B in its secondary sale in February 2022. |
| How much funding has eSentire raised? | eSentire has raised $311M across 5 funding rounds. |
| What was eSentire's last funding round? | eSentire's last funding round was a $225M undisclosed-stage round in February 2022, led by Georgian and La Caisse. |
| Who are eSentire's investors? | eSentire's investors include Georgian, Edison Partners, La Caisse, Cisco Investments, Northleaf Capital Partners, VentureLink LP, Information Venture Partners, Colorics International Ltd and Warburg Pincus. |
| What is eSentire's revenue? | eSentire's latest recorded revenue is $100M (February 2022). |
| What is eSentire's revenue multiple? | eSentire's latest valuation implies a 11.0x revenue multiple ($1.1B valuation on $100M of revenue). |
| Which companies are comparable to eSentire? | Companies comparable to eSentire include Beyond Identity, Guardio, Material Security, Obsidian Security, Red Violet and NSFOCUS. |
| How many companies has eSentire acquired? | eSentire has acquired 2 companies, including Cyfir and Versive. |
See companies similar to eSentire
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




