Expel revenue hit $65.1M in 2024

Expel generates revenue from customers

Expel

Herndon, Virginia, United States

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How Expel hit $65.1M revenue with a 514 person team in 2023.

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

$65.1M

2023 Revenue

YOY

43%

YOY

Funding

$257.8M

Funding

Expel Revenue

In 2023, Expel revenue run rate hit $65.1M in revenue.

  • 2023

    Expel hit $65.1M in revenue in 2023

  • 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 in November, 2021

  • 2020 Series D

    Expel raised a Series D of in May, 2020

  • 2019 Series C

    Expel raised a Series C of in June, 2019

  • 2018 Series B

    Expel raised a Series B of in April, 2018

  • 2016 Series A

    Expel raised a Series A of in September, 2016

FUNDING DATE ROUND AMOUNT VALUATION
November, 18 2021 Series E
May, 13 2020 Series D
June, 18 2019 Series C
April, 10 2018 Series B
September, 12 2016 Series A

Team

Expel has 514 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 514
Engineer 69 (13%)
Sales 73 (14%)
Marketing 20 (4%)

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.

Q&A

  • What's your age?

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Customers

Churn

Expel Executives

Name Position Working Email Personal Email
Dave Merkel CEO - -

Expel Employees

Name Position Working Email Personal Email
Dave Merkel CEO - -

Frequently Asked Questions about Expel

  • When was Expel founded?

    Expel was founded in 2016.

  • How much revenue does Expel generate?

    Expel generates $65.1M 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 514 employees.

  • Where is Expel headquarters?

    Expel is headquartered at Herndon, Virginia, United States

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