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- Strider Technologies
Strider Technologies Funding, Investors & Competitors
Strider Technologies has raised $112M across 4 funding rounds, most recently a $55M Series C in September 2024.
Last Strider Technologies funding round
$55M
Series C · Sep 2024
Cumulative funding Strider Technologies raised
$112M
across 4 funding rounds
Key investors in Strider Technologies
DataTribe
Valor Equity Partners
Koch Disruptive Technologies
One 9 Investments
Pelion Venture Partners
AVP
Cyfr Capital
About Strider Technologies
Strider Technologies is a strategic intelligence firm headquartered in Salt Lake City, Utah. The company applies AI to public data sources for mapping technology landscapes, detecting IP theft risks, and identifying talent poaching by nation-state actors. Clients in semiconductors, biotech, and defense use Strider's platform to secure supply chains and innovation pipelines against espionage threats.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Strider Technologies Funding History
Strider Technologies has raised a total of $112M across 4 funding rounds.
Strider Technologies' first fundraising round was a $2M seed round in May 2019. The most recent completed round was a $55M Series C in September 2024.
Strider Technologies funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2024 | Series C | Pelion Venture Partners (lead); AVP; DataTribe; Valor Equity Partners; Cyfr Capital | $55M | Strider Technologies, a leading provider of strategic intelligence, leverages AI and proprietary methodologies to transform publicly available data into insights that help organizations address risks from state-sponsored intellectual property theft, talent acquisition, and supply chain vulnerabilities. The company operates in 10 countries with offices in Salt Lake City, Washington DC, Tokyo, and London, serving industry, government, and academia amid geopolitical threats from nation-state adversaries. Since launching in May 2019, Strider has grown to nearly 200 employees and secured multiple patents, establishing itself as a first mover in the category. On September 12, 2024, Strider closed a $55 million Series C funding round led by Pelion Venture Partners, marking the firm's largest single investment, with participation from AXA Venture Partners (AVP), and existing investors Valor Equity Partners, DataTribe, and Cyfr Capital. Blake Modersitzki from Pelion will join the board. This brings total venture funding to $110 million across rounds. The investment supports rapid revenue growth, AI-driven platform development, international expansion into Europe and Asia, and deeper public sector penetration. CEO Greg Levesque emphasized the funding's role in scaling the platform to equip more organizations globally against geopolitical threats. Pelion highlighted Strider's creation of a new market category in a massive market addressing nation-state risks. Prior to this, Strider raised $45 million in Series B in April 2022 led by Valor Equity Partners, contributing to earlier growth in product development and team expansion. |
| Apr 2022 | Series B | Valor Equity Partners (lead); Koch Disruptive Technologies; DataTribe; One 9 Investments | $45M | Strider Technologies, launched in May 2019, provides proprietary data and software for strategic intelligence, helping Fortune 500 companies, government agencies, and research institutions identify, manage, and respond to nation-state activities targeting personnel, intellectual property, and supply chains. On April 27, 2022, the company closed a $45 million Series B funding round led by Valor Equity Partners, with participation from existing investors DataTribe, Koch Disruptive Technologies, and One9 Ventures. This brought total venture capital funding to $57 million, supporting product development, team growth, and meeting demand in sectors like semiconductors, pharmaceuticals, aerospace and defense, energy, and chemicals. The investment coincided with rapid growth, including over 450% increase in annual recurring revenue in 2021 and 100% customer retention. Strider serves premier Fortune 500 clients and government agencies. Costa Saab from Valor Equity Partners joined the board. Subsequently, Strider raised $55 million in a Series C round on September 12, 2024, led by Pelion Venture Partners, with participation from AXA Venture Partners, Valor Equity Partners, DataTribe, and Cyfr Capital, bringing total funding to $110 million. The funds supported AI-driven platform development, international expansion into Europe and Asia, and public sector growth. By then, the company had nearly 200 employees and multiple patents. |
| Oct 2020 | Series A | Koch Disruptive Technologies (lead); DataTribe; One 9 Investments | $10M | Strider Technologies develops software tools to identify, assess, and remediate economic statecraft risks, enabling organizations to protect personnel, innovation, and supply chains from nation-state threats like economic espionage. The company offers a subscription-based SaaS platform for Fortune 500 companies, government agencies, and research institutions. Strider operates from Washington, D.C., Salt Lake City, Utah, and South Jordan, Utah. On October 27, 2020, Strider closed a $10 million Series A funding round led by Koch Disruptive Technologies, with participation from One9 Ventures and existing investor DataTribe. Michael Palmer, president of i360 (a Koch Industries subsidiary), joined the board. The funding supports scaling operations amid growing demand for Strider's platform addressing security gaps and compliance needs. Strider was founded in May 2019 by Greg Levesque (CEO), Eric Levesque (Chief Strategy Officer), and Mike Brown (CTO), all Utah State University alumni. |
| May 2019 | Seed | DataTribe (lead) | $2M | - |
Who has invested in Strider Technologies?
7 investors have backed Strider Technologies across its funding rounds, including DataTribe, Valor Equity Partners, Koch Disruptive Technologies, One 9 Investments, Pelion Venture Partners and AVP.
Lead investors include Pelion Venture Partners, Valor Equity Partners, Koch Disruptive Technologies and DataTribe.
Strider Technologies Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | May 2019 | ||
| 2 | Lead | Oct 2020 | ||
| 2 | Lead | Apr 2022 | ||
| 2 | Participant | Oct 2020 | ||
| 1 | Participant | Sep 2024 | ||
This data is available for Pro users. Sign up to see all 7 Strider Technologies investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialStrider Technologies Competitors
Strider Technologies competitors include listed companies like Clarivate, SAP and Snowflake, and private ones like Anthropic, OpenAI and Databricks.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $2.5B | $829M | $1.2B | 2.2x | ||
| Private | $47B | - | $965B | 20.5x | ||
| Private | $25B | - | $852B | 34.1x | ||
| Publicly listed | $42B | $13B | $248B | 5.4x | ||
| Private | $7B | - | $190B | 27.1x | ||
| Publicly listed | $4.7B | ($1.3B) | $119B | 21.0x |
Strider Technologies Public Comps
Strider Technologies is still privately-owned, but its public comps include CrowdStrike, SAP, Salesforce, ServiceNow, Snowflake, Accenture, Adobe, Datadog, Moody's and RELX.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.8B | ($12M) | 51.4x | 44.5x | (19816.2x) | 151.0x | |||
| $42B | $13B | 5.8x | 5.4x | 18.4x | 17.1x | |||
| $42B | $13B | 5.5x | 5.2x | 17.8x | 12.2x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $70B | $12B | 1.7x | 1.6x | 10.1x | 8.4x | |||
| $24B | $9.3B | 4.3x | 3.9x | 10.9x | 8.2x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
This data is available for Pro users. Sign up to see all Strider Technologies competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Strider Technologies
| When was Strider Technologies founded? | Strider Technologies was founded in 2019. |
| Where is Strider Technologies headquartered? | Strider Technologies is headquartered in Salt Lake City, UT, United States. |
| Is Strider Technologies publicly listed? | No, Strider Technologies is a private, VC-backed company. |
| How much funding has Strider Technologies raised? | Strider Technologies has raised $112M across 4 funding rounds. |
| What was Strider Technologies' last funding round? | Strider Technologies' last funding round was a $55M Series C in September 2024, led by Pelion Venture Partners. |
| Who are Strider Technologies' investors? | Strider Technologies' investors include DataTribe, Koch Disruptive Technologies, Valor Equity Partners, One 9 Investments, AVP, Pelion Venture Partners and Cyfr Capital. |
| Which companies are comparable to Strider Technologies? | Companies comparable to Strider Technologies include Clarivate, Anthropic, OpenAI, SAP, Databricks and Snowflake. |
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