Companies · Cybersecurity

HF Marketable Securities Pool, LLC

KNOXVILLE · Cybersecurity · refined from filed group “Other

Diligence memoA one-page analyst read on HF Marketable Securities Pool, LLC — recommendation, valuation, rhythm, risks.
$1.2B
Total raised · real
3
Rounds
0.0×
Latest step-up
Top 1%
Sector rank · raised
Growth/Late
Latest stage · inferred · Sat Jul 01 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

HF Marketable Securities Pool, LLC has raised $1.2B over 3 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the cybersecurity sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

At-risk
  • Last raise 3.0 yr ago; this sector typically re-raises about every 15 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

HF Marketable Securities Pool, LLC behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
4.7 yr record
Peak capital year was 2023 with $2.1B across 3 filings.
Market position
ahead of 100% of Cybersecurity peers
Capital scale is ahead of 100% of Cybersecurity peers; modeled value is above 62% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Needs review
Row-level filing totals differ from canonical totals, so amendment/superseded filtering should be checked.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2023: $2.1B across 3 filings.
  • Largest single filing was $1.1B on 2023-03-31.
  • Filing rows sum to $2.2B, while canonical raised total is $1.2B; likely amendments/superseded rows are mixed into the detail view.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • Canonical filtering should be tightened before using row-level totals for diligence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Cybersecurity

HF Marketable Securities Pool, LLC is one of 270 Cybersecurity companies tracked from KNOXVILLE. By capital raised it ranks among the largest (ahead of 100% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2020
Year incorporated
2023-07-01
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$12.5B$25.0B$37.5B$50.0BSeries C · 2021-10-26 Raised $88M (real) Modeled valuation $2.1B (est)$88M$2.1BSeries C2021Growth/Late · 2023-03-31 Raised $998M (real) Modeled valuation $19.3B (est)$998M$19.3BGrowth/Late2023Growth/Late · 2023-03-31 Raised $1.1B (real) Modeled valuation $20.9B (est)$1.1B$20.9BGrowth/Late2023Growth/Late · 2023-07-01 Raised $2.7M (real) Modeled valuation $49M (est)$2.7M$49MGrowth/Late2023+$998M+$1.1B+$2.7MCumulative $2.2B

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series C$88.0M · 2021
Growth/Late$997.5M · 2023no Series D+ on file
Growth/Late extension$1.1B · 2023
Growth/Late extension$2.7M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series D+ — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 29%.

Modeled valuation trajectory
$48.8M
Base estimate est.
$20.8M
Conservative case
$67.9M
Upside case
$26.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the cybersecurity sector profile. Directional, not a quoted figure.

Series C · modeled $2.1B · 2021-10-262021Growth/Late · modeled $19.3B · 2023-03-31Growth/Late · modeled $20.9B · 2023-03-31Growth/Late · modeled $48.8M · 2023-07-012023
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
90%
Survival probability
78% low · 97% high
1.27×/yr
Annual markup
1.38×/yr upside case
3.0 yr
Elapsed time used
3.0 yr actual, capped for stale marks
cybersecurity
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$696.1M/yr
Capital velocity
4.7 yr
On record since
2021
First round
4
Rounds on file
How it compares to the market

Benchmarked against 270 companies in Cybersecurity. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 187× above median
This company$1.2B
Sector median$6.2M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 0.0× of median
This company$2.7M
Sector median$594.4M
Modeled value — vs sector median (estimate, all stages) 1.1× above median
This company$48.8M
Sector median$45.4M

Raised more than 100% of sector peers (real $). Modeled value above 62% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series C$88.0M2021-10-26$587.0M$2.1B90%
Growth/Late$997.5M2023-03-31$10.0B$19.3B90%
Growth/Late$1.1B2023-03-31$10.8B$20.9B90%
Growth/Late$2.7M2023-07-01$26.7M$48.8M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series C$88.0M2021-10-26
    • First recorded raise — entered as Series C.
    • 10 investors on this round.
  2. Growth/Late$997.5M2023-03-31
    • Raised 17 mo later, in step with the ~15 mo sector norm.
    • Round 11.3× larger than the prior — scaling up.
    • 28 investors on this round.
  3. Growth/Late$1.1B2023-03-31
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 30 investors on this round.
  4. Growth/Late$2.7M2023-07-01
    • Came back fast: 3 mo vs the ~15 mo sector norm.
    • Round 403.6× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2024 ~Q1
Modeled next raise · ~7mo cadence
$2.7M
Modeled next size est.range $2.7M$4.3M
0.0×
Last step-up
$696.1M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Andrew Seamons6 other2021-10
Registry & provenance

HF Marketable Securities Pool, LLC is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1891807
SEC CIK
2020
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
HF Private Funds Pool, LLCOtherGrowth/Late$946.5M$9.4Bnetwork1 shared operator · same stage
Trout, Inc.CybersecurityGrowth/Late$594.4M$22.0Bsame sector · same stage
HF Direct Investments Pool, LLCOtherGrowth/Late$680.0M$8.9Bnetwork1 shared operator · same stage
Abnormal Security CorpCybersecuritySeries D+$282.6M$4.8Bsame sector
Prime Security Services TopCo Parent, L.P.CybersecuritySeries D+$217.3M$46.3Msame sector
Salt Security, Inc.CybersecuritySeries D+$203.1M$2.9Bsame sector
Ionic Security Inc.CybersecuritySeries C$186.8M$15.7Msame sector
IronNet Cybersecurity, Inc.CybersecuritySeries C$144.4M$1.6Bsame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
HF Private Funds Pool, LLCOtherGrowth/Late$9.4B86%
HF Direct Investments Pool, LLCOtherGrowth/Late$8.9B85%
Decentralized Securities Depository, LLCCybersecuritySeries A$271.0M80%
WCF Investor, LLCOtherSeed$20.7M78%
WCF Investor II, LLCOtherPre-Seed$7.3M77%
Hfv Enterprises, Inc.OtherPre-Seed$2.3M77%
Liquid Rarity Exchange LLCOtherSeed$21.1M76%
Hge Fic N LlcOtherPre-Seed$10.7M76%
Frequently asked
How much funding has HF Marketable Securities Pool, LLC raised?
HF Marketable Securities Pool, LLC has raised approximately $1.2B in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is HF Marketable Securities Pool, LLC's estimated valuation?
Provath's modeled valuation for HF Marketable Securities Pool, LLC is approximately $48.8M (modeled range $20.8M–$67.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is HF Marketable Securities Pool, LLC at?
HF Marketable Securities Pool, LLC's latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Sat Jul 01.
What does HF Marketable Securities Pool, LLC do and where is it based?
HF Marketable Securities Pool, LLC operates in the Cybersecurity sector, based in KNOXVILLE.
Explore related

See where HF Marketable Securities Pool, LLC sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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