Phin Security Valuation, Funding & Investors

Phin Security is valued at $1.5B as of April 2024.

Last Phin Security valuation

$1.5B

Series A · Apr 2024

Last Phin Security funding round

$6M

Undisclosed stage · Apr 2026

Cumulative funding Phin Security raised

$12M

across 2 funding rounds

Phin Security Overview

About Phin Security

Phin Security is a cybersecurity firm offering social engineering simulation and employee training across email, phone, SMS, and physical channels. The platform runs adaptive phishing attacks and delivers personalized remediation courses based on performance data. Phin Security refines simulations using threat intelligence feeds. Headquartered in Tel Aviv, it protects enterprises in finance and healthcare sectors.


Founded

2021

HQ

United StatesNewark, NJ

Website

phinsec.io

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$1.5B (Apr 2024)

Phin Security Valuation

Phin Security is currently valued at $1.5B, based on its Series A in April 2024.

Phin Security valuation by funding round

Phin Security valuation by funding round
DateStageValuation
Apr 2024Series A$1.5B

Phin Security Funding History

Phin Security has raised a total of $12M across 2 funding rounds.

Phin Security's first fundraising round was a $6M Series A in April 2024. The most recent completed round was a $6M undisclosed-stage round in April 2026.

Phin Security funding rounds

Phin Security funding rounds
DateStageRaisedValuationDeal Summary
Apr 2026Undisclosed stage$6M-Phin Security, a security awareness training and phishing simulation platform focused on managed service providers (MSPs) and managed security service providers (MSSPs), secured seed funding in April 2025. The round was led by Squadra Ventures and included participation from Mantis, Inner Loop Capital, and Mercato Partners, alongside investments from cybersecurity experts associated with Perch Security, Empath, and Rewst. The company aims to expand its security awareness training capabilities to help organizations limit breach risk and reduce the profitability of cybercrime.
Apr 2024Series A$6M$1.5BPhin Security is a security awareness training and phishing simulation platform designed for managed service providers (MSPs), founded in 2021. It offers set-it-and-forget-it automation, seamless integrations, engaging training content, and real-time phishing feedback to help businesses improve cybersecurity while focusing on revenue drivers. Phin Security secured seed funding from investors including Squadra Ventures, Mantis, Inner Loop Capital, Mercato Partners, and cybersecurity experts from Perch Security, Empath, and Rewst. The Series Seed round values the company at roughly $1.5 billion. Proceeds will accelerate integrations with MSP tools, enhance learner experiences, improve email environment capabilities, and simplify admin tools for training campaigns.

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Phin Security Competitors

Phin Security competitors include listed companies like Mitek Systems and CloudWalk, and private ones like Tines, Sift, Vanta and OneTrust.

Public and private companies comparable to Phin Security
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
TinesIrelandDublinPrivate--$1.1B-
SiftUnited StatesSan Francisco, CAPrivate--$1B-
Mitek SystemsUnited StatesUnited StatesPublicly listed$180M$37M$781M3.7x
VantaUnited StatesSan Francisco, CAPrivate$220M-$4.2B18.9x
OneTrustUnited StatesAtlanta, GAPrivate$400M-$4.5B11.3x
CloudWalkChinaChinaPublicly listed$75M($75M)$1.5B19.1x

Phin Security Public Comps

Phin Security is still privately-owned, but its public comps include CloudWalk, Secunet, DPtech, Progress Software, Radware, Red Violet, Eastcompeace Tech, CETC Cyberspace Security, A10 Networks and NSFOCUS.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
CloudWalk$75M($75M)18.8x19.1x(18.7x)-
Secunet$528M$86M2.8x2.6x17.3x16.3x
DPtech$182M$25M5.3x4.9x39.0x-
Progress Software$978M$302M3.0x2.9x9.6x7.3x
Radware$302M$20M3.6x3.4x56.1x23.2x
Red Violet$90M$24M13.2x11.7x50.0x31.7x
Eastcompeace Tech$197M$26M4.8x-36.4x-
CETC Cyberspace Security$338M$20M4.5x-73.6x-

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Common questions about Phin Security

When was Phin Security founded?Phin Security was founded in 2021.
Where is Phin Security headquartered?Phin Security is headquartered in Newark, NJ, United States.
Is Phin Security publicly listed?No, Phin Security is a private company.
What is Phin Security's valuation?Phin Security was last valued at $1.5B in its Series A in April 2024.
How much funding has Phin Security raised?Phin Security has raised $12M across 2 funding rounds.
What was Phin Security's last funding round?Phin Security's last funding round was a $6M undisclosed-stage round in April 2026.
Which companies are comparable to Phin Security?Companies comparable to Phin Security include Tines, Sift, Mitek Systems, Vanta, OneTrust and CloudWalk.

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