Diligence memo · auto-generated · as of July 3, 2026
Tall Poppy Security Inc.
Tall Poppy Security Inc. looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Tall Poppy Security Inc. operates in Cybersecurity, based in SAN FRANCISCO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Tall Poppy Security Inc. has raised $930K in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $505K on 2020-06-19.
Most recent recorded round closed around 2023-09-05.
Valuation (modeled)modeled
Provath models Tall Poppy Security Inc. at approximately $2.0M (range $167K–$8.8M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.24× the median modeled value of Pre-Seed Cybersecurity companies in 2022–2024 (13 peers) — value vs value, same stage and era. Within the normal band (124% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 30 months.
Last raise 2.8 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.
The last round was 2.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 32% of Cybersecurity peers (270 compared).
Modeled value ranks above 24% of those peers.
Closest niche peers: Secur LLC, CyberPrime, Inc., Gaingels Secureframe LLC, Tego Cyber, Inc., Securetech Innovations, Inc..
Peoplefiled
4 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.