Hunters Funding, Investors & Competitors

Hunters has raised $118M across 4 funding rounds, most recently a $68M Series C in January 2022.

Last Hunters funding round

$68M

Series C · Jan 2022

Cumulative funding Hunters raised

$118M

across 4 funding rounds

Key investors in Hunters

  • Blumberg Capital
  • YL Ventures
  • M12
  • U.S. Venture Partners
  • Bessemer Venture Partners
  • Cisco Investments
  • DTCP
  • Stripes

Hunters Overview

About Hunters

Hunters is an Israeli cybersecurity company that provides a security operations platform positioned as a modern alternative to traditional SIEM systems. The platform ingests and normalizes data from an organization's security tools at predictable cost, applying built-in detection engineering, data correlation, and automated investigation to cut through volume, complexity, and false positives. Its customers include Fortune 500 companies in financial services, media, retail, and manufacturing that have replaced legacy SIEM deployments with the platform.


Founded

2018

HQ

IsraelIsrael

Website

hunters.ai

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Hunters Funding History

Hunters has raised a total of $118M across 4 funding rounds.

Hunters' first fundraising round was a $5M seed round in May 2019. The most recent completed round was a $68M Series C in January 2022.

Hunters funding rounds

Hunters funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2022Series CStripes (lead); Blumberg Capital; YL Ventures; Cisco Investments; Snowflake Ventures; Bessemer Venture Partners; Databricks Ventures; M12; U.S. Venture Partners; DTCP$68MHunters is an Israeli cybersecurity startup that provides a security operations platform designed to automatically identify and respond to incidents across the attack surface, serving as a modern alternative to traditional SIEM solutions. The platform ingests and normalizes data from various security sources at predictable costs, with built-in detection engineering, data correlation, and automatic investigation to help security teams manage volume, complexity, and false positives. Global enterprises, including Fortune 500 companies in financial services, media, retail, and manufacturing, have adopted Hunters as their primary SOC platform, replacing legacy SIEM systems. On January 25, 2022, Hunters raised a $68 million Series C funding round led by growth equity firm Stripes, bringing total funding to $118 million following a $30 million Series B in August 2021. New investors included DTCP, Cisco Investments, and Databricks Ventures, alongside existing backers such as YL Ventures, Bessemer Venture Partners, U.S. Venture Partners, Blumberg Capital, M12 (Microsoft's venture fund), and Snowflake Ventures. The investors matched the query's list exactly. The funds are earmarked for platform innovation, expanding sales and partnerships in North America and EMEA, and doubling the workforce from 110 employees, primarily in Israel and the U.S. Hunters demonstrated strong growth traction leading into the round, with CEO Uri May reporting revenue grew 5x in 2021 and ARR increased more than 4x in 2021 per Stripes partner Ken Fox. The rapid follow-on round just five months after Series B underscored market confidence amid a narrowing window for security investments, bolstered by strategic partnerships with investors like Databricks and Snowflake to target large enterprises. No specific post-money valuation, exact ARR figures, EBITDA, or valuation multiples were disclosed in announcements.
Aug 2021Series BBessemer Venture Partners (lead); Blumberg Capital; YL Ventures; M12; U.S. Venture Partners$30MHunters is an Israeli cybersecurity company offering a security operations center (SOC) platform that serves as a modern SIEM replacement, enabling security teams to automatically identify, investigate, and respond to incidents across the attack surface by ingesting and normalizing data from all security sources at predictable costs with built-in detection engineering and automation to handle volume, complexity, and false positives. The platform targets overstressed security teams in the $4.3 billion SIEM market, focusing on effective threat hunting and XDR capabilities, with customers including Fortune 500 companies in financial services, media, retail, and manufacturing. On August 24, 2021, Hunters raised a $30 million Series B round led by Bessemer Venture Partners, with participation from existing investors YL Ventures, Blumberg Capital, Microsoft's M12, and U.S. Venture Partners (USVP), bringing total funding to $50.4 million; strategic investors from prior rounds included Okta Ventures and Snowflake. In January 2022, Hunters raised a $68 million Series C led by Stripes, with new investors DTCP, Cisco Investments, and Databricks, plus existing backers including Bessemer, YL Ventures, M12, USVP, Blumberg, and Snowflake Ventures, bringing total funding to $118 million; the company had doubled its team size in the prior year and planned to use proceeds for platform innovation, sales expansion in North America and EMEA, and talent investment. Hunters received awards like SC Media 2021 Trust Award Finalist for Best Threat Detection Technology and CISO Choice Awards winner for Security Analytics and Operations.
Jun 2020Series AM12 (lead); U.S. Venture Partners (lead); Blumberg Capital; YL Ventures; Okta Ventures$15M-
May 2019SeedBlumberg Capital (lead); YL Ventures (lead)$5MHunters is a cybersecurity company providing a SOC platform focused on threat detection and response, emerging from stealth in 2019. This round contributed to the company's total funding of $118.4M across six rounds.

Who has invested in Hunters?

11 investors have backed Hunters across its funding rounds, including Blumberg Capital, YL Ventures, M12, U.S. Venture Partners, Bessemer Venture Partners and Cisco Investments.

Lead investors include Stripes, Bessemer Venture Partners, M12, U.S. Venture Partners, Blumberg Capital and 1 other investor.


Hunters Investors

Investors in Hunters by funding rounds participated
InvestorHQRoundsRoleFirst check
Blumberg CapitalUnited StatesSan Francisco, CA4LeadMay 2019
YL VenturesUnited StatesSan Francisco, CA4LeadMay 2019
M12United StatesUnited States3LeadJun 2020
U.S. Venture PartnersUnited StatesSan Francisco, CA3LeadJun 2020
Bessemer Venture PartnersUnited StatesSan Francisco, CA2LeadAug 2021
Cisco InvestmentsUnited StatesUnited States1ParticipantJan 2022
Snowflake VenturesUnited StatesBozeman, MT1ParticipantJan 2022
Databricks VenturesUnited StatesSan Francisco, CA1ParticipantJan 2022
DTCPGermanyHamburg1ParticipantJan 2022

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Hunters Competitors

Hunters competitors include listed companies like Palo Alto Networks, CrowdStrike, IBM and Fortinet, and private ones like Safe Superintelligence and Cyera.

Public and private companies comparable to Hunters
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Palo Alto NetworksUnited StatesUnited StatesPublicly listed$11B$1B$307B25.9x
CrowdStrikeUnited StatesUnited StatesPublicly listed$4.8B($12M)$252B44.5x
IBMUnited StatesUnited StatesPublicly listed$68B$17B$224B4.0x
FortinetUnited StatesUnited StatesPublicly listed$6.8B$2.3B$127B15.9x
Safe SuperintelligenceUnited StatesSan Francisco, CAPrivate--$32B-
CyeraUnited StatesNew York City, NYPrivate$150M-$12B80.0x

Hunters Public Comps

Hunters is still privately-owned, but its public comps include Palo Alto Networks, CrowdStrike, IBM, Fortinet, Cloudflare, Okta, Zscaler, F5, Rubrik and Gen Digital.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palo Alto Networks$11B$1B26.7x25.9x301.1x76.9x
CrowdStrike$4.8B($12M)51.4x44.5x(19816.2x)151.0x
IBM$68B$17B4.2x4.0x16.9x14.6x
Fortinet$6.8B$2.3B18.1x15.9x53.7x41.9x
Cloudflare$2.2B($25M)54.6x44.3x(4653.4x)185.1x
Okta$2.9B$245M10.6x10.0x126.4x36.4x
Zscaler$3.4B$42M9.1x8.9x721.8x32.5x
F5$3.1B$901M7.5x6.9x25.8x18.3x

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Common questions about Hunters

When was Hunters founded?Hunters was founded in 2018.
Where is Hunters headquartered?Hunters is headquartered in Israel.
Is Hunters publicly listed?No, Hunters is a private, VC-backed company.
How much funding has Hunters raised?Hunters has raised $118M across 4 funding rounds.
What was Hunters' last funding round?Hunters' last funding round was a $68M Series C in January 2022, led by Stripes.
Who are Hunters' investors?Hunters' investors include Blumberg Capital, YL Ventures, M12, U.S. Venture Partners, Bessemer Venture Partners, Cisco Investments, Snowflake Ventures, Databricks Ventures, DTCP, Okta Ventures and 1 other.
Which companies are comparable to Hunters?Companies comparable to Hunters include Palo Alto Networks, CrowdStrike, IBM, Fortinet, Safe Superintelligence and Cyera.

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