Cybersecurity Annual Report 2025

Select Cybersecurity Funding Deals in 2024 Lower Middle Market

Deal Size ($M)

Deal Size ($M)

Company

Date

Funding Type

Company

Date

Funding Type

17-Dec-2024

90

Early Stage VC

08-Apr-2024

115

Later Stage VC

02-Dec-2024

100

Early Stage VC

02-Apr-2024

150

Later Stage VC

25-Nov-2024

115

Later Stage VC

25-Mar-2024

100

Later Stage VC

25-Jul-2024

140

Later Stage VC

13-Mar-2024

100

Later Stage VC

24-Jul-2024

150

Later Stage VC

06-Mar-2024

100

Later Stage VC

27-Jun-2024

112

PE Growth/Expansion

06-Mar-2024

100

Later Stage VC

24-May-2024

139

PE Growth/Expansion

07-Feb-2024

150

Later Stage VC

01-May-2024

88

Later Stage VC

06-Feb-2024

100

Early Stage VC

23-Apr-2024

125

Later Stage VC

26-Jan-2024

102

Later Stage VC

11-Apr-2024

103

PE Growth/Expansion

09-Jan-2024

100

PE Growth/Expansion

Source: Pitchbook as of December 31, 2024. Note: This includes only equity-based funding deals in the lower middle market ($5M to $150M) that had a disclosed deal value.

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