Cyera eyes $12B valuation at 80x ARR multiple despite operating losses

techcrunch.com Jun 3, 2026

Cyera eyes $12B valuation at 80x ARR multiple despite operating losses

Curated by Shubham · TechCapsules · Jun 3, 2026

AI-summarised brief · reviewed before publication

Cyera is finalizing a funding round led by Evolution Equity Partners, valued at $12 billion, with at least $300 million invested. The company has surpassed $150 million in annual recurring revenue, despite operating losses. The deal values Cyera at 80 times its ARR, higher than many AI startups. Cyera has added 500 jobs this year and has used capital to finance losses and acquire startups. The new round comes five months after a $400 million Series F at a $9 billion valuation, bringing total capital to at least $2 billion. Cyera's platform safeguards data from AI-powered attacks, with one-fifth of Fortune 500 companies as customers.

💡 Why It Matters

· Cyera's high valuation multiple underscores investors' confidence in its ability to capitalize on the growing demand for AI-powered data security solutions.
· Its aggressive hiring and acquisition strategy is fueled by this latest funding round.

AI Capsules Funding Startups

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