logo
logo

EQT leads a funding round exceeding USD 500 million in ReliaQuest, a leader in AI-powered security operations. This funding will support ReliaQuest's continued growth and innovation in cybersecurity automation.

Mar 31, 2025•4 months ago

Amount Raised

$500 Million

TampaSecurityInformation TechnologySoftware

Investors

Finback Investment PartnersTen Eleven VenturesFtv CapitalKkrEqt Growth

Description

EQT is pleased to announce that the EQT Growth fund, along with existing investors KKR and FTV Capital, have led a growth funding round in ReliaQuest. The round brings the Company's valuation to USD 3.4 billion and is also joined by Ten Eleven Ventures and Finback Investment Partners. This new funding will fuel further innovation in AI-driven cybersecurity automation and support the Company's ongoing international expansion. ReliaQuest has established itself as a global cybersecurity leader delivering AI-driven solutions for large enterprises.

Company Information

Company

ReliaQuest

Location

Tampa, Florida, United States

About

ReliaQuest, the force multiplier of security operations, increases visibility, reduces complexity, and manages risk with its cloud native security operations platform, GreyMatter. ReliaQuest GreyMatter is built on an XDR architecture and delivered as a service anywhere in the world, any time of the day, by bringing together telemetry from tools and applications across cloud, on-premises and hybrid cloud architectures.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Related People