What is Agari?
Agari operates within the cybersecurity sector, offering advanced email security solutions powered by artificial intelligence. The company's technology is designed to defend organizations and their users against a spectrum of cyber threats, including phishing, business email compromise (BEC), and malware. By leveraging AI, Agari aims to provide a robust defense mechanism that adapts to evolving attack vectors, ensuring the integrity of digital communications for its enterprise clients. The company's focus on AI-driven protection positions it as a key player in the fight against cybercrime.
How much funding has Agari raised?
Agari has raised a total of $86.5M across 6 funding rounds:
Series A
$2.5M
Series B
$5M
Series C
$15M
Debt
$2M
Series D
$22M
Private Equity
$40M
Series A (2011): $2.5M with participation from Scott Banister, Battery Ventures, First Round Capital, Alloy Ventures, and Greylock Partners
Series B (2013): $5M led by Dell Technologies
Series C (2014): $15M supported by Battery Ventures, First Round Capital, BA Venture Partners, and Alloy Ventures
Debt (2015): $2M, investors not publicly disclosed
Series D (2016): $22M backed by Norwest Venture Partners, Battery Ventures, First Round Capital, Alloy Ventures, Greylock Partners, and BA Venture Partners
Private Equity (2018): $40M with participation from BA Venture Partners
Key Investors in Agari
Battery Ventures
Battery Ventures is a venture capital firm that partners with exceptional founders and management teams developing category-defining businesses in markets including software and services, enterprise infrastructure, online marketplaces, healthcare IT, and industrial technology. Founded in 1983, the firm backs companies at all stages, ranging from seed and early to growth and buyout, and invests globally.
First Round Capital
First Round Capital is a venture capital firm that invests in innovative startups across various sectors. The company focuses on supporting entrepreneurs and helping them achieve significant results, with a notable track record of successful IPOs and acquisitions. Their portfolio includes companies in finance, technology, and consumer services, catering to a diverse range of clients.
Alloy Ventures
Alloy Ventures is a venture capital firm based in Palo Alto, California, that has been providing venture capital funding to entrepreneurs since 1977. With over $1 billion under management, Alloy's focus is on the next generation of ground-breaking Life Science, Information Technology, and Cleantech companies.
What's next for Agari?
With a history of substantial capital raises, including significant debt financing and private equity rounds, Agari appears to be in a mature growth stage, likely focusing on scaling its operations and expanding its market reach. The recent major strategic investment suggests a continued emphasis on product development and market penetration. Future endeavors may involve further integration of AI capabilities, strategic partnerships, and potential global expansion to address the escalating threat landscape of email-borne attacks. The company's trajectory indicates a strong commitment to innovation and sustained leadership in the email security domain.
See full Agari company page
