How Much Did Abnormal AI Raise? Headquarters, Funding & Key Investors

Abnormal AI, founded in 2018 and based in Las Vegas, Nevada, has raised a total of $557 million across four funding rounds, reaching a $5.1 billion valuation as of August 2024. The company’s latest $250 million Series D round, led by Wellington Management with participation from Insight Partners, Greylock, Menlo Ventures, and CrowdStrike Falcon Fund, fuels its expansion and IPO preparation. Earlier rounds include $24 million (Series A, 2019), $50 million (Series B, 2020), and $210 million (Series C, 2022), supporting Abnormal AI’s growth in behavioral-based cybersecurity and cloud threat protection.

How Much Did Abnormal AI Raise? Funding & Key Investors

Abnormal AI has raised significant capital across multiple funding rounds, most recently securing $250 million in August 2024 at a $5.1 billion valuation. Founded in 2018, Abnormal AI delivers an AI-native human-behavior cybersecurity platform designed to stop sophisticated inbound attacks and detect compromised accounts across email and cloud applications.

What Is Abnormal AI and What Does It Do?

Abnormal AI, founded in 2018 by Evan Reiser and Sanjay Jeyakumar, is headquartered in Las Vegas, Nevada, United States. The company’s platform leverages machine learning to analyze thousands of contextual signals from email and connected applications, establishing behavioral baselines and detecting anomalies such as phishing, account takeovers, and other targeted threats.

With a team of 51-200 employees (as of July 2024), Abnormal AI serves enterprises seeking advanced email and cloud threat protection.

How Much Funding Has Abnormal AI Raised?

1. Series A

Amount Raised: $24 M
Date: November 2019
Lead Investors: Greylock Partners
Motivation: Launch the company and commercialize its AI-powered email-security platform.

2. Series B

Amount Raised: $50 M
Date: November 2020
Lead Investors: Menlo Ventures (lead); participation from Greylock Partners
Motivation: Scale ML and data-science teams, meet rapid customer growth, and remote-work-driven demand.

3. Series C

Amount Raised: $210 M
Date: May 2022
Lead Investors: Insight Partners (lead); participation from Greylock and Menlo Ventures
Motivation: Accelerate product development, global expansion, and invest in an AI-based email-security platform.

4. Series D

Amount Raised: $250 M
Date: August 2024
Lead Investors: Wellington Management (lead); participation from Greylock, Menlo Ventures, Insight Partners, CrowdStrike Falcon Fund
Motivation: Substantial growth capital to scale the AI platform, support international expansion, and prepare for a potential IPO.

Total Funding Raised: $557 Million

Current Valuation: $5.1 Billion (as of August 2024)

Latest Funding Date: August 2024

Key Investors

1. Wellington Management

Details: Global investment firm managing trillions in assets with deep experience in growth-stage technology.
Investment Focus Areas: Technology, healthcare, and financial services.
Notable Investments: Abnormal AI, other leading cybersecurity firms.

2. Insight Partners

Details: Growth-stage private equity and venture capital firm backing high-growth software companies globally.
Investment Focus Areas: Technology, software, enterprise platforms.
Notable Investments: Abnormal AI, Shopify, Twitter.

3. Greylock Partners

Details: Veteran venture-capital firm with strong enterprise software and cybersecurity credentials.
Investment Focus Areas: Enterprise software, AI, cybersecurity, and consumer.
Notable Investments: Abnormal AI, Facebook, Airbnb.

4. Menlo Ventures

Details: Early-stage VC firm with 40+ years of technology investing experience.
Investment Focus Areas: Consumer, enterprise software, cybersecurity.
Notable Investments: Abnormal AI, Uber, Roku.

5. CrowdStrike Falcon Fund

Details: Strategic investment arm of cybersecurity vendor CrowdStrike, focused on partner ecosystem and security-tech innovation.
Investment Focus Areas: Cybersecurity, SaaS, enterprise defense.
Notable Investments: Abnormal AI.

Where Is Abnormal AI’s Headquarters?

Abnormal AI is headquartered in Las Vegas, Nevada, and provides strategic logistics, talent access, and operational flexibility in the cybersecurity industry.

What’s Next for Abnormal AI?

Abnormal AI is positioned to capitalize on the escalating threat of sophisticated cyber-attacks leveraging generative AI and human-targeted vectors. With its recent funding round and $5.1 billion valuation, the company aims to expand its platform beyond email into broader SaaS and cloud infrastructure protection, strengthen its international presence (APAC, Europe), and move toward a potential IPO.

Get Investor & Funding Insights with TexAu

TexAu helps sales and business teams uncover detailed fundraising information on companies like Abnormal AI. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.