+216%

est. 2Y upside i

CybersecuritySeries D+

Rank

#41

Sector

Cybersecurity

Est. Liquidity

~3Y

Data Quality

Data: High

Cyera offers asymmetric upside for a job candidate, with a probability-weighted expected return of 216% over two years.

Last updated: July 19, 2026

Bull (25%)+100%

Cyera capitalizes on AI tailwinds and category leadership, exiting at 12x forward revenue on $5.0B, delivering 100% upside (capped per late-stage constraint).

Base (55%)+300%

Steady growth and convergence to public comp multiples (10x) yield $50.4B exit, netting 300% upside after 20% dilution.

Bear (20%)+132%

Incumbent pressure from Microsoft and Palo Alto compresses multiples to 6x, resulting in $30.2B exit and 132% upside.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

186%

Non-participating preferred stock totals $2.3B, representing 19% of the $12B valuation, creating a high preference overhang for common stock.

Dilution Risk

high

Given $2.3B total funding and high cash burn, a future raise within 18-24 months is likely, subtracting ~20% from returns.

Secondary Liquidity

limited

No secondary implied valuation was provided, suggesting limited active secondary market for employee shares.

View all 20 open roles at Cyera →

Last updated: July 3, 2026

Questions to Ask at the Interview

Strategic questions based on Cyera's data — designed to show you've done your homework.

  • 1

    “How does Cyera maintain its 95%+ classification accuracy against evolving AI models?”

  • 2

    “What is the unit economics of customer acquisition across different deployment sizes?”

  • 3

    “How would you evaluate employee equity refresh grants against the $12B valuation upside?”

Community

Valuation Sentiment

Our model estimates +216% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.