Sola Security

-68%

est. 2Y upside i

CybersecuritySeries A

Sola Security democratizes cybersecurity by empowering organizations to take control of their security strategy with minimal resource investment. It is a SaaS platform that enables organizations of all sizes and individuals to build, customize and collaborate on security tools using plain language, code, or Sola’s AI builder.

Rank

#1308

Sector

Cybersecurity

Est. Liquidity

~5Y

Data Quality

Data: Medium

Sola Security presents a moderate upside opportunity for a job seeker, driven by its innovative AI-powered, no-code platform and strong early market traction (2,000+ users, 1,000+ apps built).

Last updated: March 10, 2026

Bull (25%)+300%

Sola Security successfully captures significant market share by leveraging its AI-powered, no-code platform to democratize cybersecurity, attracting a large enterprise customer base beyond its initial 2,000 users. Strategic partnerships, particularly with Microsoft, accelerate adoption, pushing revenue to over $100M ARR within 2 years and justifying a $900M+ valuation at 4x the current estimated valuation.

Base (45%)+50%

Sola Security continues its product-led growth, expanding its user base and application gallery while maintaining a strong gross margin. It carves out a niche in the mid-market and among security teams seeking customizable, no-code solutions, reaching approximately $50M ARR and a $337.5M valuation, representing a solid but not explosive return.

Bear (30%)-80%

Dominant incumbents like Palo Alto Networks and CrowdStrike rapidly integrate similar AI-powered no-code capabilities, commoditizing Sola's core offering. Sola struggles to differentiate and scale against these giants, leading to slower-than-expected growth, increased burn, and a down round to a $45M valuation, significantly eroding common stock value due to liquidation preferences.

Est. time to liquidity~5.0 years

Preference Stack Risk

high

Investors have contributed $65M in total funding. At an estimated current valuation of $225M, this implies a 28.8% investor take, meaning $65M in liquidation preferences stand ahead of common stock.

Dilution Risk

high

As a Series A company, Sola Security will likely require at least 1-2 more significant funding rounds (Series B, C) before an exit, which will lead to further dilution for existing equity holders.

Secondary Liquidity

none

There is no indication of active secondary markets or tender offers for Sola Security's private shares at this stage.

Questions to Ask at the Interview

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

1
“Given the rapid advancements in AI by major cybersecurity incumbents like CrowdStrike and Palo Alto Networks, how does Sola Security plan to maintain its competitive moat and differentiate its no-code platform effectively over the next 2-3 years?”
2
“With 2,000+ users and 1,000+ custom applications already built, what are the key metrics Sola Security is tracking to measure product-led growth and how do you plan to convert this early traction into significant ARR over the next 12-24 months?”
3
“As a Series A company with $65M raised, how does Sola Security envision the path to a liquidity event, and what is the company's philosophy on managing dilution and potential secondary liquidity for employees in future funding rounds?”

Community

Valuation Sentiment

Our model estimates -68% 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.