Overview
TrueUp
Trajectory Score
20
/100
Business
Enterprise email security
Founded
9 years ago
2017
Employees
80
Valuation
$1.1 billion
Company type
Private - Venture-Backed
Material Security is an Enterprise email security company. It is currently valued at $1.1 billion as a private company. 80 people work at Material Security. The company was founded in 2017.
Jobs
No job info
Financials
Valuation
$1.1billion
Tech Unicorn
Last round - May 2022
Latest secondary valuation
$0.2billion
82% from last round
Estimate as of May 5, 2026
Data source: Notice.co
Most recent funding
4 years ago
Total funding
$162 million
Value 'created' (valuation - total funding)
+$938 million
Lead Investor - Series A
Valuation per employee
$13.8 million
TrueUp
Rank
#354
People
Employees
80
Rankings and awards
Exceptional Startups List (by Tyler Hogge)
2024
Layoffs
Employee reported layoffs
Aug 2024 · 2 years ago
External research
Top posts
Compare to other companies