Loading organizations...
§ Public · Boston, MA, USA
Rapid7 is a technology company.
Rapid7 provides an AI-powered managed cybersecurity operations platform, enhancing organizational cyber resilience. Its unified solutions span endpoint to cloud, integrating advanced analytics and automation for comprehensive threat detection and response. The company offers expert-led 24/7 Managed Detection and Response, enabling clients to proactively identify and neutralize threats across digital environments.
Rapid7 was founded July 10, 2000, by Alan Matthews, Tas Giakouminakis, and Chad Loder. Their insight stemmed from the critical need for proactive vulnerability management and security intelligence during early internet adoption. This drove them to build solutions empowering organizations to address security weaknesses before exploitation.
The company serves diverse organizations, fortifying defenses against evolving cyber threats. Rapid7’s vision empowers businesses with enduring cyber resilience, enabling confident navigation of complex security challenges. They provide essential insights and tools, allowing customers to maintain operational integrity and outmaneuver adversaries in a dynamic threat landscape.
Rapid7 has raised $119.0M across 5 funding rounds.
Key people at Rapid7.
Rapid7 was founded in 2000 by Tas Giakouminakis (Co-Founder & Chief Technical Officer).
Rapid7 has raised $119.0M in total across 5 funding rounds.
Rapid7 was founded in 2000 by Tas Giakouminakis (Co-Founder & Chief Technical Officer).
Rapid7 has raised $119.0M in total across 5 funding rounds.
Rapid7's investors include Benjamin Nye, Tim McAdam, TCV, Bain Capital, Flybridge, Venture Guides, Wildcat Ventures, Joanna Rees, Collaborative Seed & Growth Partners, Hack VC, Techstars.
Key people at Rapid7.
Rapid7 has raised $119.0M across 5 funding rounds. Most recently, it raised $30.0M Other Equity in December 2014.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2021 | SCADAfence | $12.0M Series B | Jerusalem Venture Partners | Hamilton Lane, Erel Margalit, Yoav Tzruya, Jerusalem Venture Partners, Thylacine Capital |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 17, 2014 | $30M Venture Round | Benjamin NYE, TIM Mcadam | — | Announced |
| Dec 1, 2014 | $30M Series D | TCV, Bain Capital | Flybridge, Venture Guides, Wildcat Ventures, Joanna Rees | Announced |
| Nov 1, 2011 | $50M Series C | TCV | Collaborative Seed & Growth Partners, Flybridge, Hack VC, Techstars, Venture Guides, Wildcat Ventures, Joanna Rees | Announced |
| Mar 1, 2010 | $2M Series B | — | Collaborative Seed & Growth Partners, Flybridge, Hack VC, Techstars, Venture Guides | Announced |
| Sep 1, 2008 | $7M Series A | — | Collaborative Seed & Growth Partners, Flybridge, Hack VC, Techstars, Venture Guides | Announced |
Rapid7 is a publicly traded cybersecurity company (NASDAQ: RPD) that builds the Insight Platform (now evolving into the Command Platform), a unified security operations solution integrating vulnerability management, threat detection and response, cloud security, application security, and automation.[1][2][3][4][5] It serves over 11,000 customers worldwide, including Fortune 1000 firms in sectors like healthcare, government, financial services, retail, energy, and education, helping them identify vulnerabilities, reduce attack surfaces, detect threats, and automate responses to simplify security operations.[1][2][3][4] The platform addresses the core problem of fragmented security tools by providing visibility across networks, endpoints, cloud environments, and user data, enabling proactive risk management amid rising cyber threats; as of Q3 2025, annual recurring revenue stands at $838 million (2% YoY growth), with 11,618 customers (flat YoY).[3]
Rapid7 was founded on July 10, 2000, in Boston, Massachusetts (still its headquarters) by Alan Matthews, Tas Giakouminakis, and Chad Loder, all experienced software executives who identified a gap in comprehensive network vulnerability assessments after hearing customer frustrations with complex security challenges.[1][2] The idea emerged from the need to map networks, pinpoint vulnerabilities, and understand threats before deploying defenses, leading to early tools like those evolving into the open-source Metasploit framework.[2][5] Initial funding came from founders' contributions and subsequent venture rounds, with a pivotal 2015 IPO on NASDAQ raising $103 million under ticker RPD to fuel expansion.[1][2] Key milestones include the 2016 launch of the Insight Platform, shifting to cloud-based integrated security, alongside acquisitions and product evolutions amid cybersecurity shifts.[1]
Rapid7 rides the cybersecurity consolidation trend, where exploding attack surfaces from cloud adoption, remote work, and AI-driven threats demand integrated platforms over siloed tools, aligning with market forces like regulatory pressures (e.g., for vulnerability disclosure) and rising breach costs.[3][4][5][6] Timing is ideal amid extended detection and response (XDR) and security orchestration, automation, and response (SOAR) growth, with its SOC-honed expertise and data moat differentiating it in a competitive field including vulnerability management and threat intel rivals.[4][6] It influences the ecosystem by fostering open-source tools (e.g., Metasploit powers global pentesting) and proactive intelligence sharing, empowering mid-market to enterprise SecOps teams while navigating macro headwinds like spending scrutiny.[2][5][6]
Rapid7 is transforming into an AI-powered Command Platform leader, prioritizing Detection & Response (D&R) growth, Risk & Exposure Management (REM) upgrades, cost efficiencies, and partner scaling amid FY2025 challenges like deal delays and flat customer adds.[3][4][6] Trends like AI-enhanced threat hunting, multi-cloud complexity, and M&A consolidation (fueled by rumors of exploring options via Goldman Sachs, layoffs of ~18% workforce, and $1B+ debt) will shape it—potentially via acquisition by PE firms eyeing its $751M+ ARR and 11K+ customers for turnaround.[6] Influence may evolve toward deeper platform dominance or integration into larger players, but execution on profitability and new logos remains key; as a 25-year veteran simplifying security, Rapid7 stays essential for organizations commanding modern attack surfaces.[1][3][4][6]