Companies · Cybersecurity
PALO ALTO · NY, USA; Tel Aviv-Yafo, Tel Aviv District, Israel · Cybersecurity · refined from filed group “Other” · founded 2015 · https://salt.security/
Diligence memoA one-page analyst read on Salt Security, Inc. — recommendation, valuation, rhythm, risks.→Salt Security, Inc. has raised $203M 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.
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.
Salt Security, Inc. is one of 270 Cybersecurity companies tracked from PALO ALTO, NY, USA; Tel Aviv-Yafo, Tel Aviv District, Israel, on record since 2015. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest 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”
Protects organizations from getting breached through their APIs.
Salt Security protects the APIs that form the core of every modern application. Its patented API Protection Platform is the only API security solution that combines the power of cloud-scale big data and time-tested ML/AI to detect and prevent API attacks. By correlating activities across millions of APIs and users over time, Salt delivers deep context with real-time analysis and continuous insights for API discovery, attack prevention, and shift-left practices. Deployed quickly and seamlessly integrated within existing systems, the Salt platform gives customers immediate value and protection, so they can innovate with confidence and accelerate their digital transformation initiatives. Salt pioneered API security and is the industry leader for API security with a proven record of success. You can watch a 90-second overview video of the Salt Security API Protection Platform here: https://youtu.be/Z5nzavnBJj4
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.
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.
Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.
Round size and date are reported; the stage label is inferred from round size (latest is Series D+ — a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the cybersecurity sector profile. Directional, not a quoted figure.
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 99% of sector peers (real $). Modeled value above 99% of peers (estimate).
A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful.
Not enough valued peers in this cohort to chart positioning.
| Company | Stage | Raised · real | Value · est | vs peer med. |
|---|---|---|---|---|
| Abnormal Security Corp | Series D+ | $282.6M | $4.8B | 1.24× |
| Salt Security, Inc. this company | Series D+ | $203.1M | $2.9B | 0.76× |
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.
| Stage | Amount · real | Announced | Post-money · est | Value · est | Conf. |
|---|---|---|---|---|---|
| Series A | $10.6M | 2018-09-04 | $48.3M | $334.6M | 90% |
| Series C | $68.0M | 2021-05-26 | $453.3M | $1.8B | 90% |
| Series D+ | $124.4M | 2022-01-20 | $1.0B | $2.9B | 90% |
Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.
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.
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.
| Person | Role | Also runs | Tied since |
|---|---|---|---|
| Carl Eschenbach | — | 5 other | 2021-05 |
| Haim Sadger | — | 4 other | 2018-09 |
| James Luo | — | 2 other | 2022-01 |
| Tom Banahan | — | 2 other | 2021-05 |
| Michael Nicosia | — | — | 2018-09 |
| Roey Eliyahu | — | — | 2018-09 |
Salt Security, Inc. 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.
| Company | Sector | Stage | Raised · real | Value · est | Why similar |
|---|---|---|---|---|---|
| Prime Security Services TopCo Parent, L.P. | Cybersecurity | Series D+ | $217.3M | $46.3M | same sector · same stage |
| Abnormal Security Corp | Cybersecurity | Series D+ | $282.6M | $4.8B | same sector · same stage |
| Frontpoint Security Holdings, LLC | Cybersecurity | Series D+ | $141.4M | $4.7B | same sector · same stage |
| Ionic Security Inc. | Cybersecurity | Series C | $186.8M | $15.7M | same sector |
| Gong i.o Ltd. | Other Technology | Series D+ | $450.0M | $6.3B | network1 shared operator · same stage |
| IronNet Cybersecurity, Inc. | Cybersecurity | Series C | $144.4M | $1.6B | same sector |
| Pindrop Security, Inc. | Cybersecurity | Series C | $142.8M | $46.1M | same sector |
| Raintank Inc. | Other Technology | Series D+ | $913.7M | $1.9B | network1 shared operator · same stage |
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.
| Company | Sector | Stage | Value · est | Match |
|---|---|---|---|---|
| authzed Authorization Infrastructure securing AI at OpenAI, Zoom, & more | AI / ML | — | — | 74% |
| Antigen Continuous offensive security for the enterprise. | Cybersecurity | — | — | 74% |
| Protect AI, Inc. | AI / ML | Series C | $801.0M | 74% |
| BitPatrol AI-powered code security | Cybersecurity | — | — | 72% |
| Ionic Security Inc. | Cybersecurity | Series C | $15.7M | 72% |
| Escape Offensive security for the teams that are 100x outnumbered | AI / ML | — | — | 72% |
| Salt Labs, Inc. | Software / Tech | Series B | $164.1M | 72% |
| Coast Demo Platform for API-First Companies | AI / ML | — | — | 72% |
See where Salt Security, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.
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