-8%

est. 2Y upside i

CybersecuritySeries A

Rank

#2504

Sector

Cybersecurity

Est. Liquidity

~1Y

Data Quality

Data: Medium

Netography has been acquired by Vectra AI for an estimated $200M-$400M, with a midpoint near the current $300M valuation.

Last updated: July 21, 2026

Bull (10%)+40%

Acquisition price reaches high end of $200M-$400M range at $400M, yielding 39.6% upside for common stock after preference. Driven by strategic value to Vectra AI.

Base (60%)0%

Acquisition closes at $300M midpoint, matching current valuation, yielding 0% upside. No material gain or loss.

Bear (30%)-40%

Acquisition price falls to $200M low end, resulting in 39.6% downside to common stock. Risks include deal renegotiation or termination.

Est. time to liquidity~0.5 years

Preference Stack Risk

moderate

Funding Intensity

1587%

Total funding $47.6M on $300M valuation = 15.9% preference overhang. In the bull/base/bear scenarios, preferred holders get their $47.6M before common, leaving $152.4M to $352.4M for common.

Dilution Risk

low

No additional rounds planned due to acquisition; option pool may be adjusted but likely not dilutive beyond existing pool.

Secondary Liquidity

none

No secondary market exists; liquidity will come from acquisition close.

Questions to Ask at the Interview

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

  • 1

    “What is your assessment of the Vectra AI acquisition price and how it affects employee equity?”

  • 2

    “How do you see Netography's technology fitting into Vectra's platform post-acquisition?”

  • 3

    “What is your view on the NDR market vs XDR, and how will Netography compete?”

Community

Valuation Sentiment

Our model estimates -8% 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.