+27%

est. 2Y upside i

CybersecuritySeries D+

Managed security platform for small and mid-market businesses

Rank

#837

Sector

Cybersecurity / MDR

Est. Liquidity

~2Y

Data Quality

Data: Medium

Huntress is one of the most attractive late-stage cybersecurity equity opportunities: clear IPO signal, category leadership, strong MSP channel moat.

Last updated: March 20, 2026

Bull (40%)+200%

IPO 18-24 months at 15-18x ARR (~$3.5-4B). MSP channel compounds. SIEM/ITDR attach rates expand.

Base (40%)+60%

IPO 24-36 months at 10-12x on $300M ARR. ~$2.8-3.2B.

Bear (20%)-45%

MS bundles MDR in M365, MSPs shift. Growth to 25-30%, down round sub-$1B.

Est. time to liquidity~2.0 years

Preference Stack Risk

moderate

Funding Intensity

19%

$338M raised; at $1.8B exit, common is in-the-money. Sub-$600M = near zero.

Dilution Risk

moderate

4 rounds $338M; 20-30% employee pool with 5-10% pre-IPO refresh.

Secondary Liquidity

limited

Forge/Nasdaq PM possible; tender likely 12-18 months pre-IPO.

View all 27 open roles at Huntress →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “Fully-diluted share count and 409A vs $1.8B?”

  • 2

    “MSP partner concentration risk?”

  • 3

    “SIEM/ITDR monetization roadmap?”

Cluster Peers

Expected Upside

Huntress
+27%
Arctic Wolf
-65%

Community

Valuation Sentiment

Our model estimates +27% upside. What do you think?

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Community Discussion

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