Total amount raised
$665.5 Million
Latest funding date
11/1/2023
Location
BlueVoyant has successfully raised funds through six distinct funding rounds, with the latest being a Series E round led by Liberty Strategic Capital. The company has attracted a total of 11 investors, including notable names like ISTARI.
Keep reading to explore the intricacies of BlueVoyant's fundraising journey and the investors backing this advanced threat intelligence and cybersecurity platform.
What Is BlueVoyant?
BlueVoyant is a prominent player in the cybersecurity industry, specializing in advanced threat intelligence, managed security services, and cybersecurity consulting. Headquartered in New York, New York, the company operates with a robust team of 501-1000 employees.
Founded to address the growing need for comprehensive cyber defense, BlueVoyant offers a suite of services including Managed Detection & Response (MDR), Third-Party Risk Management (TPRM), and Digital Risk Protection (DRP). The company leverages AI-driven solutions to protect networks, supply chains, and digital footprints, serving over 1,000 customers across 45 countries.
How Much Funding Has BlueVoyant Raised?
- Series A
- Amount Raised: USD 125,000,000
- Date: August 2017
- Lead Investors: Winton Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish a strong foundation and accelerate the development of their cybersecurity solutions.
- Series B
- Amount Raised: USD 82,500,000
- Date: May 2019
- Lead Investors: Fiserv
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their market reach and enhance their cybersecurity service offerings.
- Series C
- Amount Raised: USD 68,000,000
- Date: July 2020
- Lead Investors: Temasek Holdings
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and invest in advanced threat intelligence technologies.
- Series D
- Amount Raised: USD 250,000,000
- Date: February 2022
- Lead Investors: Liberty Strategic Capital
- Valuation at Round: USD 1,000,000,000
- Motivation Behind the Round: To support the company's growth and enhance their cybersecurity capabilities.
- Secondary Market
- Date: April 2023
- Lead Investors: Manhattan Venture Partners (MVP)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
- Series E
- Amount Raised: USD 140,000,000
- Date: November 2023
- Lead Investors: Liberty Strategic Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund the acquisition of Conquest Cyber and expand their cybersecurity solutions.
Total Amount Raised: USD 665,500,000. Current Valuation: Not publicly disclosed.
Key Investors
- Liberty Strategic Capital
- Details: Liberty Strategic Capital is an investment firm founded by Steven Mnuchin, the former U.S. Secretary of the Treasury. The firm focuses on investments in technology, financial services, and fintech sectors.
- Investment Focus Areas: Technology, Financial Services, Fintech
- Notable Investments: BlueVoyant, Cybereason, Zimperium
- Manhattan Venture Partners (MVP)
- Details: Manhattan Venture Partners (MVP) is a research-driven merchant bank specializing in secondary market transactions. The firm provides liquidity solutions to private company shareholders and investors.
- Investment Focus Areas: Technology, Fintech, Consumer Internet
- Notable Investments: SpaceX, Palantir Technologies, Airbnb
- Temasek Holdings
- Details: Temasek Holdings is a Singaporean investment company owned by the Government of Singapore. It manages a net portfolio of over $300 billion, focusing on delivering sustainable long-term returns.
- Investment Focus Areas: Financial Services, Telecommunications, Media & Technology (TMT), Consumer & Real Estate
- Notable Investments: Alibaba Group, Gojek, Meituan-Dianping
- Fiserv
- Details: Fiserv is a global provider of financial services technology solutions. The company offers a wide range of services, including payment processing, risk management, and data analytics.
- Investment Focus Areas: Financial Technology, Payment Processing, Data Analytics
- Notable Investments: First Data Corporation, Clover Network, Ondot Systems
- Winton Ventures
- Details: Winton Ventures is the venture capital arm of Winton Group, a global investment management and data science company. The firm focuses on early-stage investments in technology and data-driven companies.
- Investment Focus Areas: Technology, Data Science, Financial Services
- Notable Investments: Tractable, Eigen Technologies, Hivemind
What's Next for BlueVoyant?
BlueVoyant's acquisition of Conquest Cyber opens up significant opportunities in the cybersecurity landscape. By integrating Conquest Cyber’s technology, BlueVoyant can enhance its offerings to critical infrastructure sectors, including defense and government. This move positions the company to address the growing demand for comprehensive cybersecurity solutions, a market gap that BlueVoyant aims to fill.
With the recent $140 million Series E funding, BlueVoyant is well-equipped to capitalize on these opportunities. The financial backing not only supports the integration of new technologies but also paves the way for potential future fundraising to further expand their capabilities and market reach. The company’s focus on adaptive risk management and compliance aligns with industry trends, ensuring they stay relevant in a rapidly evolving field.
However, BlueVoyant faces challenges such as integrating Conquest Cyber’s technology and maintaining service quality amidst growth. The cybersecurity landscape is highly competitive, and staying ahead of evolving threats will be crucial. Despite these challenges, BlueVoyant's strategic moves and substantial funding position them well for continued success and expansion.
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