- Companies
- Iru
Last Iru valuation
$850M
Series D · Jul 2024
Last Iru funding round
$100M
Series D · Jul 2024
Cumulative funding Iru raised
$288M
across 6 funding rounds
Key investors in Iru
First Round Capital
Webb Investment Network
Lee Fixel
Greycroft
B Capital
Okta Ventures
About Iru
Iru is an AI-driven security and IT platform that unifies identity management, endpoint protection, and compliance for scaling companies. It deploys agents on devices and apps to enforce zero-trust access and automate audits. Tel Aviv-based Iru integrates with cloud providers like AWS and Microsoft Azure, serving tech firms in Europe and North America.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$850M (Jul 2024)
Iru Valuation
Iru is currently valued at $850M, based on its Series D in July 2024.
The $100M round was led by General Catalyst.
Iru's valuation has grown 1.1x from $800M at its Series C in November 2021 to $850M in July 2024, across 2 priced rounds.
Iru valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2024 | Series D | $850M |
| Nov 2021 | Series C | $800M |
Iru Funding History
Iru has raised a total of $288M across 6 funding rounds.
Iru's first fundraising round was a $3M seed round in October 2019. The most recent completed round was a $100M Series D in July 2024.
Iru funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2024 | Series D | General Catalyst (lead) | $100M | $850M | Kandji is an Apple device management platform that enables organizations to manage and secure Apple endpoints at scale. Kandji's solution addresses enterprise demand for unified Apple device management, competing in the MDM and endpoint management space. The company raised $100 million in its Series D funding round led by General Catalyst on July 17, 2024, at a post-money valuation of $849.97 million. This represents significant growth from the company's prior Series C valuation of $800.3 million in November 2021, when it also raised $100.54 million. The Series D brought total funding raised to approximately $238.99 million across multiple rounds. The company's strong investor backing includes participation from prominent venture firms such as B Capital Group, Definition, Felicis Ventures, and Okta Ventures across its funding history. |
| Nov 2021 | Series C | Tiger Global (lead); SVB Capital; First Round Capital; Felicis; Definition; Greycroft; Frontline Ventures; The Spruce House Partnership; B Capital; Okta Ventures | $100M | $800M | Iru raised $100.54 million in a Series C funding round on November 18, 2021, led by Tiger Global with participation from B Capital Group, Definition, Felicis Ventures, First Round Capital, Frontline Ventures, Greycroft, Okta Ventures, SVB Capital, and The Spruce House Partnership, at a post-money valuation of $800.3 million. TechCrunch reported the round as $100 million on an $800 million valuation, noting a 10x increase from the prior year and highlighting rapidly growing revenue. |
| Apr 2021 | Series B | Felicis (lead); SVB Capital; First Round Capital; Greycroft; The Spruce House Partnership; B Capital; Webb Investment Network; Lee Fixel; Okta Ventures; Operator Partners | $60M | - | - |
| Oct 2020 | Series A | Greycroft (lead); Edward Lando; First Round Capital; Pareto Holdings; B Capital; Webb Investment Network; Lee Fixel; Okta Ventures; Operator Partners | $21M | - | - |
| Feb 2020 | Seed | Lee Fixel (lead); First Round Capital; Webb Investment Network; Mango Capital | $4M | - | - |
| Oct 2019 | Seed | First Round Capital (lead); Webb Investment Network; Lee Fixel | $3M | - | - |
Who has invested in Iru?
17 investors have backed Iru across its funding rounds, including First Round Capital, Webb Investment Network, Lee Fixel, Greycroft, B Capital and Okta Ventures.
Lead investors include General Catalyst, Tiger Global, Felicis, Greycroft, Lee Fixel and 1 other investor.
Iru Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Oct 2019 | ||
| 4 | Participant | Oct 2019 | ||
| 4 | Lead | Oct 2019 | ||
| 3 | Lead | Oct 2020 | ||
| 3 | Participant | Oct 2020 | ||
| 3 | Participant | Oct 2020 | ||
| 2 | Participant | Apr 2021 | ||
| 2 | Lead | Apr 2021 | ||
| 2 | Participant | Apr 2021 | ||
| 2 | Participant | Oct 2020 | ||
| 1 | Lead | Jul 2024 | ||
| 1 | Participant | Oct 2020 | ||
| 1 | Participant | Oct 2020 | ||
This data is available for Pro users. Sign up to see all 17 Iru investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialIru Competitors
Iru competitors include listed companies like Mitek Systems and Riskified, and private ones like BigID, Sift, Sardine and Tines.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $180M | $37M | $754M | 3.6x | ||
| Private | $100M | - | $1B | 10.0x | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $660M | - | ||
| Private | - | - | $1.1B | - | ||
| Publicly listed | $345M | ($31M) | $820M | 1.6x |
Iru Public Comps
Iru is still privately-owned, but its public comps include Yubico, Riskified, Rapid7, Asiainfo Security, BeiJing Certificate, Mitek Systems, CANCOM, Aura.com, NSFOCUS and Feitian Technologies.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $226M | $19M | 3.2x | 3.2x | 39.4x | 25.5x | |||
| $345M | ($31M) | 1.8x | 1.6x | (19.9x) | 18.6x | |||
| $860M | $63M | 1.2x | 1.3x | 16.9x | 6.6x | |||
| $1.2B | ($11M) | 1.2x | 1.1x | (128.3x) | 345.7x | |||
| $125M | ($12M) | 6.8x | - | (71.7x) | - | |||
| $180M | $37M | 3.9x | 3.6x | 19.2x | 10.8x | |||
| $2B | $118M | 0.4x | 0.4x | 6.3x | 5.7x | |||
| $193M | ($155M) | 5.7x | - | (7.0x) | - | |||
This data is available for Pro users. Sign up to see all Iru competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Iru
| When was Iru founded? | Iru was founded in 2018. |
| Where is Iru headquartered? | Iru is headquartered in Miami, FL, United States. |
| Is Iru publicly listed? | No, Iru is a private, VC-backed company. |
| What is Iru's valuation? | Iru was last valued at $850M in its Series D in July 2024. |
| How much funding has Iru raised? | Iru has raised $288M across 6 funding rounds. |
| What was Iru's last funding round? | Iru's last funding round was a $100M Series D in July 2024, led by General Catalyst. |
| Who are Iru's investors? | Iru's investors include First Round Capital, Webb Investment Network, Lee Fixel, Greycroft, B Capital, Okta Ventures, SVB Capital, Felicis, The Spruce House Partnership, Operator Partners and 7 others. |
| Which companies are comparable to Iru? | Companies comparable to Iru include Mitek Systems, BigID, Sift, Sardine, Tines and Riskified. |
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