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Valuation

$10M

2021 Revenue

$5.5M

Customers

300M

Funding

$10.7M

Avg ACV

$0

Team

66

Founded

2012

How Two Hat Security CEO Steve Parkis grew to $5.5M revenue and 300M customers in 2021.

Provider of a risk-based chat filter and moderation software designed to offer protection from online bullying, harassment and child exploitation. The company's high-risk content detection system and moderation tool for social products, uses artificial intelligence to identify and handle threatening UGC like bullying, harassment and hate speech in real time, enabling users to block and allow content based on tolerance level.

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Two Hat Security Revenue

In 2021, Two Hat Security's revenue reached $5.5M. Since its launch in 2012, Two Hat Security has shown consistent revenue growth.

Two Hat Security Revenue GrowthReported revenue / ARR over time$0$1M$3M$4M$5M$6M201220142016201820202021$0$6MSource: GetLatka.com
YearMilestoneQuote
2021Two Hat Security Hit $5.5m revenue in April 2021
2012Launched with $0 revenue

Two Hat Security Valuation, Funding Rounds

Two Hat Security reached a $10M valuation in 2015, set during its Seed Round round.

Two Hat Security has raised $10.7M in total funding across 5 rounds, most recently a $7.5M Series A round in 2019.

Two Hat Security Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$3M$5M$8M$10M$13M201220132014201520162017201820192012 cumulative: $0 • 2012 Founded: $02013 cumulative: $201K • 2012 Founded: $0 • 2013 Seed Round: $201K @ $5M valuation2015 cumulative: $802K • 2012 Founded: $0 • 2013 Seed Round: $201K @ $5M valuation • 2015 Seed Round: $602K @ $8M valuation2015 cumulative: $2M • 2012 Founded: $0 • 2013 Seed Round: $201K @ $5M valuation • 2015 Seed Round: $602K @ $8M valuation • 2015 Seed Round: $750K @ $10M valuation2016 cumulative: $3M • 2012 Founded: $0 • 2013 Seed Round: $201K @ $5M valuation • 2015 Seed Round: $602K @ $8M valuation • 2015 Seed Round: $750K @ $10M valuation • 2016 Seed Round: $2M2019 cumulative: $11M • 2012 Founded: $0 • 2013 Seed Round: $201K @ $5M valuation • 2015 Seed Round: $602K @ $8M valuation • 2015 Seed Round: $750K @ $10M valuation • 2016 Seed Round: $2M • 2019 Series A: $8M$11M2012 Founded: $0 valuation2013 Seed Round: $5M valuation2015 Seed Round: $8M valuation2015 Seed Round: $10M valuation$10MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Series A$7.5M--
2016Seed Round$1.6M--
2015Seed Round$750K$10M8%
2015Seed Round$601.8K$7.7M8%
2013Seed Round$200.6K$4.7M4%

Founder / CEO

Steve Parkis

Former Disney Online SVP Steve Parkis has been named CEO of Two Hat Security. The former Zynga executive had been President and serves as Board member. Parkis had leadership responsibilities on Disney and Pixar franchises, notably Toontown Online, Disney’s Pirates of the Caribbean, Cars and Club Penguin. At Zynga, he managed Farmville and Cityville. Steve Parkis has his MBA from Kellogg at Northwestern and graduated from Michigan State. Steve, his wife and three sons live in Winter Park.

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Customers

Two Hat Security serves 300M customers.

Two Hat Security Employees & Team Size

Two Hat Security employs approximately 66 people as of 2026, including 6 sales reps that carry a quota. It serves 300M customers that rely on its solutions.

Two Hat Security Team GrowthReported headcount over time01530456075201220142016201820202021006666Source: GetLatka.com
YearMilestone
2021Reached 66 employees (April 2021)

Frequently Asked Questions about Two Hat Security

What is Two Hat Security's revenue?

Two Hat Security generates $5.5M in revenue.

Who founded Two Hat Security?

Two Hat Security was founded by Steve Parkis.

Who is the CEO of Two Hat Security?

The CEO of Two Hat Security is Steve Parkis.

How much funding does Two Hat Security have?

Two Hat Security raised $10.7M.

How many employees does Two Hat Security have?

Two Hat Security has 66 employees.

Where is Two Hat Security headquarters?

Two Hat Security is headquartered in Canada.

Compare Two Hat Security to the industry

Two Hat Security operates across multiple industries. Browse revenue, funding, and growth data for Two Hat Security 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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Two Hat Security Revenue 2021: $5.5M ARR, $10M Valuation