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Cynet Revenue & Funding (2024)

Cynet generated an estimated $21.2M in annual revenue in 2024. Source: GetLatka estimate

Provider of threat detection and response platform designed to simplify security support. The company's threat detection and response platform initiates sophisticated threat analysis, and targets and remediates unknown threats which have bypassed existing perimeters by collecting indicators on 4 fronts, establishing a baseline and correlating indicators to create a risk ranking, enabling clients to avail all-in-one protection in a cost-efficient way.

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Cynet Revenue

In 2024, Cynet's revenue reached $21.2M. The company previously reported $16.7M in 2023. Since its launch in 2015, Cynet has shown consistent revenue growth.

Cynet Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$5M$10M$15M$20M$25M201520172019202120232024$0$13.5M$21.2MSource: GetLatka.com
YearMilestoneSource
2024Cynet Hit $21.2m revenue in October 2024Estimated
2023Cynet Hit $16.7m revenue in December 2023Estimated
2021Cynet Hit $13.5m revenue in April 2021Not recorded
2015Launched with $0 revenue

Cynet Valuation, Funding Rounds

Cynet has not publicly disclosed its valuation. The company has raised $78M in total funding to date.

Cynet has raised $78M in total funding across 4 rounds, with its most recent round in 2021.

Cynet Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$20M$0.4$40M$0.6$60M$0.8$80M$1$100M2015201620172018201920202021Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2021Funding round$40M--Not recorded
2020Funding round$18M--Not recorded
2018Funding round$13M--Not recorded
2016Funding round$7M--Not recorded

Customers

We do not have customer count information for Cynet yet.

Cynet Employees & Team Size

Cynet employs approximately 262 people as of 2026, up from 257 in 2023, including 40 sales reps that carry a quota.

Cynet Team GrowthReported headcount over time06012018024030020152017201920212023202400262262Source: GetLatka.com
YearMilestoneSource
2024Reached 262 employees (December 2024)Not recorded
2024Reached 255 employees (October 2024)Not recorded
2023Reached 257 employees (December 2023)Not recorded
2023Reached 262 employees (July 2023)Not recorded
2022Reached 279 employees (December 2022)Not recorded
2021Reached 250 employees (December 2021)Not recorded
2021Reached 195 employees (April 2021)Not recorded

Frequently Asked Questions about Cynet

What is Cynet's revenue?

As of 2024, Cynet generated an estimated $21.2M in annual revenue.

Who founded Cynet?

Cynet was founded by Nikhil Budhiraja.

Who is the CEO of Cynet?

The CEO of Cynet is Nikhil Budhiraja.

How much funding does Cynet have?

Cynet raised $78M across 4 rounds.

How many employees does Cynet have?

As of 2024, Cynet had 262 employees.

Where is Cynet headquartered?

Cynet is headquartered in Boston, Massachusetts, United States.

Compare Cynet to the industry

Cynet operates across multiple industries. Browse revenue, funding, and growth data for Cynet in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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