+54%

est. 2Y upside i

CybersecuritySeries D+

Managed security platform for small and mid-market businesses

Rank

#869

Sector

Cybersecurity

Est. Liquidity

~3Y

Data Quality

Data: Medium

Given the current entry valuation of $2.03B (secondary market implied), the expected 2-year upside is approximately 54% net of dilution.

Last updated: July 19, 2026

Bull (25%)+126%

Exit at 20x forward revenue ($5B) driven by IPO window and category leadership in SMB cybersecurity, net of 20% dilution.

Base (45%)+65%

Exit at 15x forward revenue ($3.75B) as multiple converges to public comp range, net of 20% dilution.

Bear (30%)-22%

Exit at 8x forward revenue ($2B) due to competitive pressure from incumbents and valuation compression, net of 20% dilution.

Est. time to liquidity~2.5 years
Adjusted for competitive dynamics: 58% (raw: 54%, adjustment: +4%)

Preference Stack Risk

moderate

Funding Intensity

15%

Total funding of $309M represents 15.2% of the $2.03B entry valuation, implying moderate preference overhang that only matters in severe downside.

Dilution Risk

high

With $120M ARR and 70% growth, likely still cash burning; additional raises may dilute existing equity by ~20%.

Secondary Liquidity

active

Secondary transactions at $2.03B provide a liquidity indication, but employee shares may have restrictions.

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

    “How does Huntress sustain its growth vs. CrowdStrike's enterprise push into SMB?”

  • 2

    “What is the unit economics and LTV/CAC for your typical MSP customer?”

  • 3

    “Given the recent employee allegations, what are the cultural and risk management implications for the company?”

Community

Valuation Sentiment

Our model estimates +54% 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.