JupiterOne Valuation, Funding & Investors

JupiterOne is valued at $1B as of June 2022.

Last JupiterOne valuation

$1B

Series C · Jun 2022

Last JupiterOne funding round

$70M

Series C · Jun 2022

Cumulative funding JupiterOne raised

$119M

across 3 funding rounds

Key investors in JupiterOne

  • Bain Capital Ventures
  • Sapphire Ventures
  • Cisco Investments
  • Splunk Ventures
  • Intel Capital
  • Tribe Capital

JupiterOne Overview

About JupiterOne

JupiterOne is a Morrisville, North Carolina-headquartered cyber asset attack surface management platform. It continuously discovers, inventories, and models relationships across cloud, SaaS, on-prem, and code assets for security teams. Originating as a LifeOmic subsidiary in 2019, it supports compliance with NIST and SOC 2 via GraphQL APIs.


Founded

2018

HQ

United StatesRaleigh, NC

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$1B (Jun 2022)

JupiterOne Valuation

JupiterOne is currently valued at $1B, based on its Series C in June 2022.

The $70M round was led by Tribe Capital, with participation from Cisco Investments, Sapphire Ventures, Bain Capital Ventures, Alpha Square Group, Intel Capital and 1 other investor.

JupiterOne valuation by funding round

JupiterOne valuation by funding round
DateStageValuation
Jun 2022Series C$1B

JupiterOne Funding History

JupiterOne has raised a total of $119M across 3 funding rounds.

JupiterOne's first fundraising round was a $19M Series A in September 2020. The most recent completed round was a $70M Series C in June 2022.

JupiterOne funding rounds

JupiterOne funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2022Series CTribe Capital (lead); Cisco Investments; Sapphire Ventures; Bain Capital Ventures; Alpha Square Group; Intel Capital; Splunk Ventures$70M$1BJupiterOne is a cloud-native cyber asset attack surface management (CAASM) platform that provides enterprises with visibility into their cyber asset landscapes, enabling mapping, analysis, and security of complex cloud environments. It integrates continuous cyber asset data for security operations, engineering, cloud security, configuration management, and compliance, using graphs and relationships for contextual knowledge. On June 2, 2022, the company announced a $70 million Series C funding round led by Tribe Capital, with participation from new investors Intel Capital and Alpha Square Group, and existing investors Sapphire Ventures, Bain Capital Ventures, Cisco Investments, and Splunk Ventures, bringing total funding raised to over $119 million and achieving an estimated post-money valuation of over $1 billion. The funding aims to fuel innovation in cybersecurity by growing go-to-market capabilities, expanding engineering investments, increasing product development for unified asset inventory, vulnerability management, and security posture automation, and extending partnership and integration teams. JupiterOne plans to scale direct and channel sales for enterprise customers while expanding self-service for small and midsize businesses. Sri Pangulur from Tribe Capital joined the board, and Sunil Kurkure from Intel Capital became a board observer. The round followed a record year of growth, including exponential increases in annual recurring revenue (ARR), customer base, and employee numbers, though specific figures were not disclosed. Key achievements included launching the 2022 State of Cyber Assets Report on asset vulnerabilities, partnering with Cisco for Cisco Secure Cloud Insights with JupiterOne, and introducing JupiterOne Press for cybersecurity practitioners. The company, headquartered in Morrisville, N.C., in the RDU Triangle region, supports a remote-first work environment and plans to drive further employee growth while maintaining historical revenue expansion.
May 2021Series BSapphire Ventures (lead); Jason Chan; Cisco Investments; Sri Viswanath; Bain Capital Ventures; Splunk Ventures$30M-JupiterOne, a cybersecurity company providing cyber asset attack surface management (CAASM) and continuous controls monitoring solutions, announced a $30 million Series B funding round on May 4, 2021, led by Sapphire Ventures with participation from Bain Capital Ventures, Cisco Investments, Splunk Ventures, and others including Jason Chan and Sri Viswanath. This brought total funding to just under $50 million in under nine months since inception, following a $19 million Series A in September 2020 led by Bain Capital Ventures. Proceeds were earmarked for tripling revenue again and doubling team size in 2021, with investments in engineering, product development, go-to-market capabilities, and extending partnership and integrations teams. Key board additions included Anders Ranum from Sapphire Ventures, Enrique Salem from Bain Capital Ventures, and Latha Maripuri, CISO at Uber. JupiterOne positioned itself as a data-driven platform emphasizing robust APIs, flexible query language, developer tooling, and open-source contributions. The company continued scaling in cybersecurity, focusing on unified asset inventory, vulnerability management, and security posture automation amid growing market demand.
Sep 2020Series ABain Capital Ventures (lead); Rain Capital; LifeOmic; 11.2 Capital; Antenna Ventures$19M-JupiterOne, a cybersecurity startup founded in 2018 as a spinoff from LifeOmic, raised $19 million in a Series A funding round on September 17, 2020, led by Bain Capital Ventures with participation from Rain Capital, LifeOmic, and other investors including 11.2 Capital and Antenna Ventures. The platform provides cyber asset attack surface management (CAASM), automating asset discovery, visibility, and compliance to help enterprises identify vulnerabilities, prioritize risks, and maintain security programs. Early customers included Reddit, Databricks, and Auth0. The funding aimed to scale the business, enhance the platform, expand market reach, and capitalize on the growing cybersecurity asset management market projected to reach $8.5 billion by 2024. Bain Capital Ventures partner Enrique Salem joined the board, highlighting the product's quick integration, enterprise applicability, and strong customer reviews, positioning it for mid-market and enterprise opportunities. The company continued raising capital, securing a $30 million Series B in May 2021 led by Sapphire Ventures and a $70 million Series C in June 2022 led by Tribe Capital, achieving over $1 billion valuation and unicorn status with total funding of $119 million. JupiterOne's growth focused on platform development, open-source contributions like Starbase powered by Neo4j graph database, and integrations with partners like Splunk. Investors praised its data-driven approach, robust APIs, query language, and developer tooling amid rising cybercrime threats across industries.

Who has invested in JupiterOne?

13 investors have backed JupiterOne across its funding rounds, including Bain Capital Ventures, Sapphire Ventures, Cisco Investments, Splunk Ventures, Intel Capital and Tribe Capital.

Lead investors include Tribe Capital, Sapphire Ventures and Bain Capital Ventures.


JupiterOne Investors

Investors in JupiterOne by funding rounds participated
InvestorHQRoundsRoleFirst check
Bain Capital VenturesUnited StatesSan Francisco, CA3LeadSep 2020
Cisco InvestmentsUnited StatesUnited States2ParticipantMay 2021
Sapphire VenturesUnited StatesAustin, TX2LeadMay 2021
Splunk VenturesUnited StatesSan Francisco, CA2ParticipantMay 2021
Rain CapitalUnited StatesSan Francisco, CA1ParticipantSep 2020
Jason ChanUnited StatesSan Jose, CA1ParticipantMay 2021
LifeOmicUnited StatesIndianapolis, IN1ParticipantSep 2020
Tribe CapitalUnited StatesSan Francisco, CA1LeadJun 2022
Sri ViswanathUnited StatesSan Francisco, CA1ParticipantMay 2021
11.2 CapitalUnited StatesUnited States1ParticipantSep 2020
Alpha Square GroupUnited StatesNew York City, NY1ParticipantJun 2022

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JupiterOne Competitors

JupiterOne competitors include listed companies like CANCOM and Baudroie, and private ones like Defense Unicorns, Solo.io, Qingteng Cloud Security and Obsidian Security.

Public and private companies comparable to JupiterOne
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Defense UnicornsUnited StatesColorado Springs, COPrivate--$1B-
Solo.ioUnited StatesUnited StatesPrivate--$1B-
Qingteng Cloud SecurityChinaBeijingPrivate--$938M-
Obsidian SecurityUnited StatesLos Angeles, CAPrivate--$1.1B-
CANCOMGermanyGermanyPublicly listed$2B$118M$740M0.4x
BaudroieJapanJapanPublicly listed$112M$24M$595M4.3x

JupiterOne Public Comps

JupiterOne is still privately-owned, but its public comps include Rackspace, cyber_Folks, Systena, NSFOCUS, SAKURA Internet, Net263, BeiJing Certificate, Montnets, Wiit and Odine.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Rackspace$2.7B$244M1.5x1.6x17.1x15.0x
cyber_Folks$226M$72M5.1x4.3x16.1x13.0x
Systena$607M$107M1.4x1.4x7.9x-
NSFOCUS$379M$37M2.6x2.4x26.1x25.6x
SAKURA Internet$227M$54M4.8x4.1x19.9x14.1x
Net263$119M($29M)7.4x-(30.1x)-
BeiJing Certificate$125M($12M)6.7x-(70.9x)-
Montnets$389M($17M)2.5x-(55.5x)-

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Common questions about JupiterOne

When was JupiterOne founded?JupiterOne was founded in 2018.
Where is JupiterOne headquartered?JupiterOne is headquartered in Raleigh, NC, United States.
Is JupiterOne publicly listed?No, JupiterOne is a private, VC-backed company.
What is JupiterOne's valuation?JupiterOne was last valued at $1B in its Series C in June 2022.
How much funding has JupiterOne raised?JupiterOne has raised $119M across 3 funding rounds.
What was JupiterOne's last funding round?JupiterOne's last funding round was a $70M Series C in June 2022, led by Tribe Capital.
Who are JupiterOne's investors?JupiterOne's investors include Bain Capital Ventures, Cisco Investments, Sapphire Ventures, Splunk Ventures, Rain Capital, Jason Chan, LifeOmic, Tribe Capital, Sri Viswanath, 11.2 Capital and 3 others.
Which companies are comparable to JupiterOne?Companies comparable to JupiterOne include Defense Unicorns, Solo.io, Qingteng Cloud Security, Obsidian Security, CANCOM and Baudroie.

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