Pentera Revenue, Valuation, Funding & Investors

Pentera is valued at $1B as of March 2025, a 10.0x multiple on its last reported $100M revenue.

Last Pentera valuation

$1B

Series D · Mar 2025

Last Pentera funding round

$60M

Series D · Mar 2025

Pentera revenue

$100M

Series D · Mar 2025

Key investors in Pentera

  • Awz Ventures
  • Blackstone
  • Insight Partners
  • Evolution Equity Partners
  • K1 Investment Management
  • Farallon Capital Management

Pentera Overview

About Pentera

Pentera is a Tel Aviv-headquartered company that offers the Pentera Platform for automated security validation across endpoints, networks, cloud environments, and active directory. The platform simulates attacks to reveal exploitable vulnerabilities in real time for organizations worldwide. Thousands of enterprises and managed security service providers deploy Pentera to prioritize remediation efforts.


Founded

2015

HQ

United StatesUnited States

Website

pentera.io

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Revenue

$100M (Mar 2025)

Valuation

$1B (Mar 2025)

Pentera Valuation

Pentera is currently valued at $1B, based on its Series D in March 2025.

The $60M round was led by Evolution Equity Partners, with participation from Farallon Capital Management.

Pentera's valuation has moved from $1B at its Series C in January 2022 to $1B in March 2025, across 2 priced rounds.

Pentera valuation by funding round

Revenue multiple
Pentera valuation by funding round
DateStageValuationRevenue Multiple
Mar 2025Series D$1B10.0x
Jan 2022Series C$1B-

Pentera Revenue

Pentera's latest recorded revenue is $100M, as of its Series D in March 2025. At a $1B valuation, that implies a 10.0x revenue multiple.

Pentera revenue by funding round

Pentera revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Mar 2025$100M$1B10.0xSeries D

* 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.

Pentera Funding History

Pentera has raised a total of $250M across 5 funding rounds.

Pentera's first fundraising round was a $5M seed round in January 2018. The most recent completed round was a $60M Series D in March 2025.

Pentera funding rounds

Pentera funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Mar 2025Series DEvolution Equity Partners (lead); Farallon Capital Management$60M$1BPentera is a cybersecurity company specializing in automated security validation, offering a platform that simulates real-world adversarial attacks to identify, validate, and prioritize vulnerabilities for enterprises. Headquartered in Boston, MA (with Israeli roots, originally Pcysys), it serves sectors like finance, retail, and manufacturing, enabling continuous security testing without disrupting operations. The Series D round of $60M in March 2025 was led by Evolution Equity Partners with participation from Farallon Capital Management, bringing total funding to $250M. Funds will drive U.S. market expansion, AI integration, product innovation for cloud and IoT, and potential M&A to consolidate the security validation market. Since the prior Series C in January 2022 ($150M at $1B+ valuation, achieving unicorn status), Pentera has grown ARR by over 300% and customer base by 200% to 1,100 organizations. The company projects ARR to reach $100M by end-2025 and $200M within 2.5 years, approaching breakeven and profitability. This growth underscores strong enterprise adoption and positions Pentera as the leader in automated security validation amid rising cyber threats. Investors highlight its category-defining innovation and hypergrowth potential. Prior backers include K1 Investment Management, Insight Partners, and Blackstone.
Jan 2022Series CK1 Investment Management (lead); Evolution Equity Partners; Sweetwater Capital Partners; Blackstone; Insight Partners; Awz Ventures$150M$1BPentera is an automated security validation (ASV) platform that provides real-world validation of enterprise security resilience against cyberattacks through automated penetration testing technology, positioning itself as a disruptor to legacy vulnerability management. In January 2022, Pentera raised $150 million in a Series C round led by K1 Investment Management, with participation from Evolution Equity Partners, Insight Partners, Awz Ventures, and Blackstone, achieving a $1 billion post-money valuation after three years since its technology debut, making it the highest-valued company in its category. The funding enabled Pentera to scale operations across functions and regions, grow headcount from 150 to 300 employees by end-2022, and pursue category leadership and an eventual IPO path. At the time, Pentera served over 400 enterprise customers and demonstrated exponential growth, though specific revenue or ARR figures were not disclosed in contemporary sources. CEO Amitai Ratzon highlighted the shift from assumptions to persistent real-world testing amid evolving threats. K1 Investment Management, a firm focused on high-growth enterprise software including cybersecurity, partnered to support Pentera's expansion. Later developments include a March 2025 Series D round of $60 million led by Evolution Equity Partners at over $1 billion valuation, amid 300% ARR growth and 200% customer expansion to 1,100 organizations over four years, with plans for U.S. market growth, AI integration, and M&A. Total funding reached approximately $245-250 million across six rounds.
Aug 2020Series BInsight Partners (lead); Blackstone; Awz Ventures$25M-Pentera is a cybersecurity company specializing in Automated Security Validation (ASV), offering a platform that simulates real-world attacks to identify and validate vulnerabilities continuously. Founded in 2015, it rebranded from Pcysys in 2021 and is headquartered in Boston with significant operations in Tel Aviv, employing around 400 people split across Israel, the US, Europe, and Asia. The specified Series B round in August/September 2020 raised $25 million led by Insight Partners, with participation from Awz Ventures and Blackstone Group. Valuation was not publicly disclosed for this round. Prior to this, Pentera completed a Series A in November 2019 raising $10 million from AWZ Ventures and Blackstone. The Series B aimed to expand market reach and accelerate product development. Pentera achieved unicorn status later with a $150 million Series C in January 2022 led by K1 Investment Management, valuing it at $1 billion, with participation from Evolution Equity Partners, Insight Partners, Awz Ventures, and Blackstone. This round included $75 million primary capital to scale operations, grow headcount from 150 to 300, and prepare for an IPO, supported by over 400 enterprise customers at the time. Subsequent funding included a $60 million Series D in March 2025 led by Evolution Equity Partners with Farallon Capital Management, Insight Partners, Blackstone, and K1, maintaining a valuation over $1 billion. Total funding reached approximately $250 million across seven rounds. The company grew customers by 200% to 1,100 organizations and ARR by 300% over four years leading to Series D, with ARR approaching $100 million recently, though no metrics are available near the 2020 round. Pentera competes in the vulnerability management market, disrupting legacy approaches with automated penetration testing. It continues expanding in the US, integrating AI, and targeting cloud/IoT environments amid strong demand for security operations training tools.
Nov 2019Series AAwz Ventures (lead); Blackstone$10M-Pentera raised $10 million in Series A funding in November 2019, led by early investor Awz Ventures with participation from Blackstone. The company, then known as Pcysys, was building an automated security validation platform to help enterprises continuously test their defenses against simulated attacks. Blackstone's Global CISO Adam Fletcher became an investor and champion of the platform, leveraging his team's expertise to validate the technology's effectiveness. The funding supported expansion of sales and support functions in North America and EMEA as the company worked to establish market presence in the penetration testing and vulnerability validation space.
Jan 2018SeedAwz Ventures (lead)$5M-Pentera, an Israeli cybersecurity company formerly known as Pcysys, develops an automated security validation platform that tests IT infrastructure, reveals risks, and creates remediation plans. Awz Ventures led Pentera's seed round of $4.5 million in January 2018 to develop the initial version of the platform and establish market presence. Awz Ventures, a Canadian-Israeli VC firm focused on cybersecurity and intelligence, supported Pentera's early growth and North American sales efforts.

Who has invested in Pentera?

7 investors have backed Pentera across its funding rounds, including Awz Ventures, Blackstone, Insight Partners, Evolution Equity Partners, K1 Investment Management and Farallon Capital Management.

Lead investors include Evolution Equity Partners, K1 Investment Management, Insight Partners and Awz Ventures.


Pentera Investors

Investors in Pentera by funding rounds participated
InvestorHQRoundsRoleFirst check
Awz VenturesCanadaToronto4LeadJan 2018
BlackstoneUnited StatesNew York City, NY3ParticipantNov 2019
Evolution Equity PartnersUnited StatesNew York City, NY2LeadJan 2022
Insight PartnersUnited StatesNew York City, NY2LeadAug 2020
Sweetwater Capital PartnersUnited StatesUnited States1ParticipantJan 2022

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Acquisitions by Pentera

Pentera has acquired 2 companies to date.

Last acquisition by Pentera was on November 5th 2025. Pentera acquired EVA Information Security for undisclosed valuation.


Latest Acquisitions by Pentera

EVA Information Security
DevOcean
Description
EVA Information Security is an offensive security firm focused on AI red teaming and penetration testing. Based in Europe, it simulates advanced AI-driven attacks on client systems, including large language model exploits and autonomous agents. The company conducts pentests for enterprises in finance and tech, delivering reports with mitigation strategies.
DevOcean is a security platform that automates vulnerability prioritization and remediation across teams and assets. Tel Aviv-based, it consolidates findings from scanners like Qualys and Tenable, assigning risk scores based on exploitability and business impact. DevOcean integrates with Jira and Slack for streamlined fix workflows, reducing mean time to resolution in cloud environments like Kubernetes and AWS EC2. The tool serves DevSecOps teams in tech companies.
HQ CountryIsraelIsrael
HQ City
Givatayim
Tel Aviv
Deal Date5 Nov 202529 Sep 2025
Valuationundisclosed$30M
EV/Revenue
EV/EBITDA

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Pentera Competitors

Pentera competitors include listed companies like NSFOCUS and Rapid7, and private ones like Aikido Security, Aqua Security, BigID and BlueVoyant.

Public and private companies comparable to Pentera
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Aikido SecurityBelgiumGhentPrivate$13M-$1B76.9x
Aqua SecurityIsraelRamat GanPrivate--$1B-
BigIDUnited StatesNew York City, NYPrivate$100M-$1B10.0x
BlueVoyantUnited StatesNew York City, NYPrivate--$1B-
NSFOCUSChinaChinaPublicly listed$379M$37M$955M2.4x
Rapid7United StatesUnited StatesPublicly listed$860M$63M$836M1.3x

Pentera Public Comps

Pentera is still privately-owned, but its public comps include NSFOCUS, BeiJing Certificate, Yubico, Rapid7, Riskified, Asiainfo Security, Mitek Systems, Eastcompeace Tech, Red Violet and CANCOM.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
NSFOCUS$379M$37M2.6x2.4x26.1x25.6x
BeiJing Certificate$125M($12M)6.7x-(70.9x)-
Yubico$226M$19M3.3x3.2x39.7x25.6x
Rapid7$860M$63M1.3x1.3x17.4x6.8x
Riskified$345M($31M)1.8x1.6x(20.3x)19.0x
Asiainfo Security$1.2B($11M)1.2x1.1x(126.2x)339.7x
Mitek Systems$180M$37M4.1x3.7x19.9x11.2x
Eastcompeace Tech$197M$26M4.8x-36.4x-

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Common questions about Pentera

When was Pentera founded?Pentera was founded in 2015.
Where is Pentera headquartered?Pentera is headquartered in United States.
Is Pentera publicly listed?No, Pentera is a private, VC-backed company.
What is Pentera's valuation?Pentera was last valued at $1B in its Series D in March 2025.
How much funding has Pentera raised?Pentera has raised $250M across 5 funding rounds.
What was Pentera's last funding round?Pentera's last funding round was a $60M Series D in March 2025, led by Evolution Equity Partners.
Who are Pentera's investors?Pentera's investors include Awz Ventures, Blackstone, Evolution Equity Partners, Insight Partners, Sweetwater Capital Partners, K1 Investment Management and Farallon Capital Management.
What is Pentera's revenue?Pentera's latest recorded revenue is $100M (March 2025).
What is Pentera's revenue multiple?Pentera's latest valuation implies a 10.0x revenue multiple ($1B valuation on $100M of revenue).
Which companies are comparable to Pentera?Companies comparable to Pentera include Aikido Security, Aqua Security, BigID, BlueVoyant, NSFOCUS and Rapid7.
How many companies has Pentera acquired?Pentera has acquired 2 companies, including EVA Information Security and DevOcean.
What was the largest acquisition by Pentera?The $30M acquisition of DevOcean in September 2025 is the largest acquisition Pentera has made to date.

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