MultifactorFall 2025Active☆Watch⊞Compare

Multifactor is one of 270 Cybersecurity companies tracked from San Francisco, CA, USA, on record since 2025. By capital raised it ranks in the long tail (ahead of 19% of sector peers), and in the long tail by modeled valuation est..

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

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst”

Zero-trust authentication, authorization, and auditing for AI agents

The agentic era is here, but its foundation is dangerously insecure. A growing number of high-profile "AI agent gone rogue" security incidents make headlines each week. As enterprise adoption of agentic software has far outpaced the development of applicable cybersecurity solutions, CISOs have loudly voiced a growing need for verifiable, fine-grained security controls on complex multi-agent systems. That's why we built Multifactor. Multifactor offers best-in-class authentication, authorization, and auditing technologies for agentic systems, allowing users to securely and revocably share online accounts with agents while maintaining fine-grained permissions and a detailed event history. We are doing for AI security what Cloudflare did for web security, Okta did for identity security, and Wiz did for cloud security: defining the category. A world-class "account manager" that allows agents to securely use online accounts on your behalf is just the start—our early enterprise partners include companies using AI agents to manage $7.5+ billion manufacturing supply chains, where the consequences for lapses in security are severe. Our patented AI security technology seamlessly integrates with existing agentic software to thwart attacks like prompt injection, so CISOs and end users alike can breathe a sigh of relief, without slowing the pace of AI adoption.

As reported in public records reported — not modeled.

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.

No round amounts on record to chart.

No staged rounds to sequence.

Round size and date are reported; the stage label is inferred from round size. Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

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.

Raised more than 19% of sector peers (real $). Modeled value above 19% of peers (estimate).

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.

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.

Multifactor is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

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.

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.

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

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