Expel revenue hit $35M in 2023

Expel generates revenue from customers

Expel

Expel

Herndon, Virginia, United States

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How Expel hit $35M revenue with a 309 person team in 2021.

Expel is a cybersecurity company that provides managed detection and response services to businesses of all sizes. The company's platform combines technology, human expertise, and intelligence to provide 24/7 monitoring, detection, and response to cyber threats. Expel's team of security analysts uses the platform to quickly identify and remediate threats, reducing the time and cost associated with incident response. The platform also provides real-time visibility into security events and risk posture, helping businesses to improve their overall cybersecurity posture. Expel was founded in 2016 and is headquartered in Herndon, Virginia.

Founded

2016

Founded

Revenue

$35M

2021 Revenue

YOY
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YOY

Funding

$257.8M

Funding


Expel Revenue

In 2021, Expel revenue run rate hit $35M in revenue.

  • 2021

    Expel hit $35M in revenue in 2021

  • 2016

    Expel launched in 2016 with $0 revenue


Expel Funding History

  • 2021 Series E

    Expel raised a Series E of $140.3M at a $1B valuation in November, 2021

  • 2020 Series D

    Expel raised a Series D of $50M in May, 2020

  • 2019 Series C

    Expel raised a Series C of $40M in June, 2019

  • 2018 Series B

    Expel raised a Series B of $20M in April, 2018

  • 2016 Series A

    Expel raised a Series A of $7.5M in September, 2016

FUNDING DATE ROUND AMOUNT VALUATION
November, 18 2021 Series E $140.3M $1B
May, 13 2020 Series D $50M -
June, 18 2019 Series C $40M -
April, 10 2018 Series B $20M -
September, 12 2016 Series A $7.5M -

Team

Expel has 309 total employees and 73 sales reps that carry a quota. an engineering team of 69 and a marketing team of 20.

DISTRIBUTION QTY
Total team size
309
Engineer
69(22%)
Sales
73(24%)
Marketing
20(6%)

Founder / CEO

Dave Merkel

Dave Merkel has been involved in the information security field for nearly 20 years, first as a Federal agent pursuing cyber-criminals in the era of floppy disks and 2400 baud modems through his most recent experience as the Global Chief Technology Officer of FireEye, a leading cyber-security solutions provider. Dave is now the CEO of Expel.

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Expel Executives

Name Position Working Email Personal Email
Dave Merkel CEO - -

Expel Employees

Name Position Working Email Personal Email
Dave Merkel CEO - -

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Frequently Asked Questions about Expel

When was Expel founded?

Expel was founded in 2016.

How much revenue does Expel generate?

Expel generates $35M in revenue.

Who is the CEO of Expel?

The CEO of Expel is Dave Merkel.

How much funding does Expel have?

Expel raised $257.8M.

How many employees does Expel have?

Expel has 309 employees.

Where is Expel headquarters?

Expel is headquartered at Herndon, Virginia, United States