# Material Security funding: rounds and investors

> Material Security has raised $100M across 1 round since 2022. Investors include Andreessen Horowitz, Founders Fund and Abstract Ventures.

Source: https://millionrounds.com/company/material-security (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Material Security*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cybersecurity

Valuation: $1.1B, Mar 2026

Funding summary Updated 26 Oct 2026

**$100M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series C, $100M May 2022
- **Investors:** 5

See who backed them

## The rounds

- **May 2022** Series C **$100M** [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Abstract Ventures](https://millionrounds.com/fund/abstract) [South Park Commons](https://millionrounds.com/fund/south-park-commons) [Stripe](https://millionrounds.com/fund/stripe) Source recorded

## Founders and team

From Material Security's own website: 3 founders, 6 on the team.

**Abhishek Agrawal** Co-Founder & CEO

**Chris Park** Co-Founder & VP, Engineering

**Ryan Noon** Co-Founder & Chairman

- **John Hrvatin** VP, Product & Design
- **Kevin Bayly** VP, Sales
- **Marielle Smith** VP, People Operations
- **Nick Mueller** VP, Marketing
- **Rajan Kapoor** VP, Security
- **Scott Williams** VP, Finance & Operations

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round

[Abstract Ventures](https://millionrounds.com/fund/abstract) VC firm **1** round

[South Park Commons](https://millionrounds.com/fund/south-park-commons) Accelerator **1** round

[Stripe](https://millionrounds.com/fund/stripe) Company **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=material-security).

## Also claim to have backed them

These 3 firms list Material Security as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Amplify Partners](https://millionrounds.com/fund/amplify-partners) VC firm Per its own site

[Jessica Verrilli](https://millionrounds.com/fund/jessica-verrilli) VC firm Per its own site

[Neha Narkhede](https://millionrounds.com/fund/neha-narkhede) Angel Per its own site

## Quick answers about Material Security

### Who invested in Material Security?

Material Security's investors include Andreessen Horowitz, Founders Fund, Abstract Ventures, South Park Commons and Stripe.

### How much has Material Security raised?

Material Security has raised $100M across 1 round since 2022.

### When did Material Security last raise?

Material Security's most recent round was a Series C of $100M in May 2022.

### What was Material Security's biggest round?

Its most recent round, $100M in May 2022, is also its largest on record.

### Who backed Material Security first?

Material Security's first round on record, in May 2022, was backed by Andreessen Horowitz, Founders Fund and Abstract Ventures and 2 others.

### What stage is Material Security at?

Material Security's latest named round is a Series C, in May 2022.

### Where is Material Security based?

Material Security is based in the United States.

## Companies like Material Security

In the same sector, and raised in the last eighteen months.

[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**Harmonic Security** $68M · Oct 2026](https://millionrounds.com/company/harmonic-security)[**Reach Security** $60M · Oct 2026](https://millionrounds.com/company/reach-security)[**Persona** $210M · Oct 2026](https://millionrounds.com/company/persona)[**Hilt** $4.7M · Oct 2026](https://millionrounds.com/company/hilt)

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